NPR Business

The Two-Way
6:30 pm
Wed June 19, 2013

Microsoft Responds To Fan Outcry, Changes Xbox One Policies

Originally published on Wed June 19, 2013 7:16 pm

Fans spoke, and apparently Microsoft listened.

In a reversal of the company's previous position, Microsoft announced Wednesday that its forthcoming Xbox One gaming console would no longer require a regular Internet connection and would not restrict used or shared games.

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Economy
5:48 pm
Wed June 19, 2013

G-8 Nations Pledge To Crack Down On Corporate Tax Evaders

Leaders take part in the G-8 summit in Northern Ireland on Tuesday. Their discussions included tax-avoidance issues.
Ben Stansall WPA Pool/Getty Images

Originally published on Wed June 19, 2013 10:18 pm

The world's wealthiest nations are promising to fight what they call the scourge of tax evasion. This week's meeting of the Group of Eight industrialized countries concluded with a pledge to end the use of tax shelters by multinational corporations.

But there are still big questions about how they will make a dent in the problem.

In the aftermath of the global recession, countries all over the world have struggled with budget shortfalls. More and more of them have come to blame part of their revenue problems on one culprit — tax avoidance.

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The Two-Way
5:07 pm
Wed June 19, 2013

Pitchman Who 'Guaranteed' Our Look Fired By Men's Warehouse

George Zimmer founded the Men's Wearhouse clothing store in 1973. The company announced Wednesday that he'd been fired.
Thomas J. Gibbons Getty Images

Originally published on Wed June 19, 2013 8:04 pm

He might like the way you look, but may no longer be able to guarantee you will.

Men's Wearhouse Inc. announced Wednesday that George Zimmer, founder and executive chairman of the company, has been fired.

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Monkey See
3:02 pm
Wed June 19, 2013

From Classic Toys To New Twists, Kids Go Back To Blocks

Legos and other interlocking toys are only one kind of blocks that remain popular with kids.
iStockphoto.com

Originally published on Fri June 28, 2013 1:39 pm

I visited Toy Fair in New York City hunting for ideas for our summer series about kids' culture. One of the big takeaways was the increasing popularity of construction games such as Legos. Sales shot up nearly 20 percent last year. Now, it seems, every major toy manufacturer is scrambling to add new games geared toward kids building things.

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The Two-Way
2:53 pm
Wed June 19, 2013

Fed Leaves Interest Rates And Bond Purchase Plan Untouched

Federal Reserve Chairman Ben Bernanke said Wednesday that a fall in the unemployment rate would not automatically trigger a rise in interest rates. He spoke to the media after the central bank issued a policy update.
Susan Walsh AP

Originally published on Wed June 19, 2013 3:57 pm

The Federal Reserve will continue its program of purchasing $85 billion in securities and will leave the target interest rate for federal funds untouched to support the U.S. economy, the U.S. central bank said in a policy update issued Wednesday afternoon.

Here's a summary of the state of the U.S. economy from the Fed, which concluded two days of meetings today:

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The Salt
12:26 pm
Wed June 19, 2013

Women And Children Caught In Middle Of Potato War

Fresh white spuds aren't allowed in a government supplemental nutrition program for women and children because, unlike other fruits and vegetables, potatoes aren't lacking in the typical diet.
Paul J. Richards AFP/Getty Images

Originally published on Wed June 19, 2013 1:01 pm

We didn't plan it, but somehow, it has turned into Potato Week here at The Salt. The latest twist in the tater tales takes us to Capitol Hill.

Americans love to pile on the potatoes – we consumed a whopping 112 pounds per capita last year. But lately, the potato industry has been playing the part of jilted lover and taking its heartache to Congress.

According to the National Potato Council, the U.S. Department of Agriculture "discriminates" against fresh, white potatoes.

Huh?

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Planet Money
10:58 am
Wed June 19, 2013

How A Used Bottle Becomes A New Bottle, In 6 GIFS

Lam Thuy Vo NPR

Originally published on Thu September 26, 2013 8:39 pm

For more, watch our video: Secrets From The Recycling Plant

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Around the Nation
5:27 am
Wed June 19, 2013

Bay Area Residents Forced To Wait For Bridge Repairs

Originally published on Wed June 19, 2013 9:40 am

Transcript

STEVE INSKEEP, HOST:

Let's go next to California, where the largest public works project in the history of that state is running over budget, over time, and has lost the public's confidence. The new eastern span of the San Francisco-Oakland Bay Bridge, with a price tag of $6.4 billion, was scheduled to open on Labor Day. There's still time, but that deadline is in doubt, as questions are raised about safety.

NPR's Richard Gonzales reports.

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Business
5:27 am
Wed June 19, 2013

Business News

Originally published on Thu June 20, 2013 7:31 am

Transcript

DAVID GREENE, HOST:

We'll kick off NPR's business news with Chrysler making a U-Turn.

The Detroit automaker is now recalling more than a million and a half Jeeps, after earlier refusing to carry out that move.

In early June, the government told Chrysler to recall almost three million Jeeps made in the 1990s and 2000, saying fuel tanks in the vehicles could explode in rear end collisions.

Politics
5:27 am
Wed June 19, 2013

Liberal Groups Say They Received IRS Scrutiny Too

Originally published on Mon July 8, 2013 1:46 pm

Transcript

STEVE INSKEEP, HOST:

Some other news: We have a more complicated view, this morning, of the scandal at the IRS. An inspector general critiqued the tax agency's targeting of conservative groups, many of them linked with the Tea Party movement. We knew that much.

And now, it's become apparent that more liberal or progressive groups were also targeted. NPR's Tamara Keith reports.

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