NPR Business

Business
6:33 am
Thu May 30, 2013

Investors Approve Empire State Building IPO

Originally published on Thu May 30, 2013 8:19 am

Transcript

DAVID GREENE, HOST:

If you've ever wanted to own a piece of the Empire State Building, I guess now is your chance. The building's investors have approved a plan to turn the iconic New York high-rise into a publicly-traded company. This could mark the end of a bitter struggle over the buildings future.

Here's NPR's Dan Bobkoff.

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Politics
6:31 am
Thu May 30, 2013

Select Senators Stall Budget Process

Originally published on Thu May 30, 2013 8:18 am

Transcript

DAVID GREENE, HOST:

OK. The nomination we just heard about involves reaching across the aisle. That's not something we hear much about. When it comes to the federal budget, if it feels like we haven't heard about the budget in a while, there's a reason for that. The process is stalled. Back in March, the House and Senate passed vastly different spending plans. In theory, the next step would be a conference committee to hash out the differences, but a handful of senators are blocking that from happening.

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Business
6:25 am
Thu May 30, 2013

Business News

Originally published on Thu May 30, 2013 8:18 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a Texas smartphone.

(SOUNDBITE OF MUSIC)

Business
6:06 am
Thu May 30, 2013

The Last Word In Business

Originally published on Thu May 30, 2013 8:19 am

Amazon asked subscribers of its video-streaming service to do the jobs usually left to focus groups and executives. The company released 14 pilot TV shows, then looked at customer reviews and view counts. Amazon announced five pilots have been approved for a full season.

The Salt
3:07 am
Thu May 30, 2013

Will Chinese Firm Bring Home The Bacon With Smithfield Deal?

Smithfield Foods, makers of ham products under a variety of brand names, is being purchased by Chinese food maker Shuanghui International for $4.72 billion.
AP

Originally published on Thu May 30, 2013 9:38 am

There were questions Wednesday about whether U.S. regulators will approve the takeover of Smithfield Foods Inc., the company that sells all-American hams, hot dogs and bacon, by China's Shuanghui International.

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Dollar For Dollar: Adventures In Investing
3:02 am
Thu May 30, 2013

How A Trip To Costco Can Work As An Investment Strategy

A recent trip to Costco cost NPR's Uri Berliner $303.53. The haul included razor blades, cans of soup and tuna fish, laundry detergent, heartburn relief medicine and dog treats. As an investment, it will pay off if he uses what he bought — and if the price tag for the same items is higher if he returns in a year.
Mary-Elizabeth Berliner

Originally published on Thu May 30, 2013 8:19 am

NPR's Uri Berliner is taking $5,000 of his own savings and putting it to work. Though he's no financial whiz or guru, he's exploring different types of investments — alternatives that may fare better than staying in a savings account that's not keeping up with inflation.

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Monkey See
3:00 am
Thu May 30, 2013

As Trailers Eat Up Movie Time, Theaters And Studios Squabble Over Shortening Them

iStockphoto.com

Originally published on Fri May 31, 2013 2:18 am

Here's a question: If you go to the movies and the scheduled showtime is, say, 7:30, when do you actually expect the movie to start? If you said 7:30, you go to very unusual screenings. If you said 7:45, you're closer to what many experience. If you said 7:50, you're still in range: There's often some advertising other than trailers, the limit for trailer length is 2 1/2 minutes, and theaters sometimes run seven or eight trailers. Eight would add up to 20 minutes.

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All Tech Considered
5:49 pm
Wed May 29, 2013

Fixing Your Online Reputation: There's An Industry For That

What a potential employer finds when researching an applicant online can make or break a job opportunity.
iStockphoto.com

Originally published on Thu May 30, 2013 7:21 am

This year, nearly 1.7 million students will graduate from college. Many of them are engaged in a new ritual of the digital age: cleaning up and polishing their online profiles. The demand is so great an entire industry has sprung up to help.

According to numerous surveys, the vast majority of hiring managers routinely Google potential job candidates. And what they see on that first page of search results matters — a lot. Just ask Pete Kistler, who was a college junior when he started applying to a bunch of computer software firms, looking for a summer job.

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Media
4:10 pm
Wed May 29, 2013

Two Newspapers Battle It Out For The New Orleans Market

Free introductory copies of the Baton Rouge Advocate's new New Orleans edition are seen next to copies of The Times-Picayune at Lakeside News in the New Orleans suburb of Metairie in September. The Baton Rouge newspaper started its own daily edition to try to fill the void left when The Times-Picayune scaled back its print edition to three days a week.
Gerald Herbert AP

Originally published on Fri May 31, 2013 2:26 pm

Last year when New Orleans' main paper, The Times-Picayune, laid off dozens of newspaper employees and cut its circulation to three times a week, residents were shocked.

Sharron Morrow and her friends had bonded over the morning paper at a local coffee shop for the past 20 years.

"I've stopped my subscription, and I mourn the paper almost every day," she says.

Shifting Media Players

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Business
3:21 pm
Wed May 29, 2013

What's Under Youngstown May Help What's On Top

By leasing land for drilling, city leaders in Youngstown, Ohio, hope to generate funds to demolish vacant buildings.
M.L. Schultze for NPR

Originally published on Wed May 29, 2013 7:18 pm

A century ago, when fiery steel mills were roaring to life in Youngstown, Ohio, builders were racing to put up homes, storefronts, barbershops and more.

Today, many of those buildings sit empty and rotting. With the mills mostly gone and the population down 60 percent from 1960, to just 67,000, the city needs millions of dollars to tear down roughly 4,000 vacant structures.

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