NPR Business

All Tech Considered
2:54 pm
Tue August 27, 2013

Facebook: U.S. Wanted Data On 20,000 Of Its Users This Year

Facebook has issued a report on government requests for its user data.
Flickr Scott Beale

Originally published on Tue August 27, 2013 7:22 pm

In its first "Global Government Requests Report," Facebook has released details on the number of requests it has gotten from government agents for user data.

Facebook reveals that governments around the globe have made 38,000 total requests for user data in the first half of 2013, and the U.S. dwarfs the rest of the world in requests. Up to June 30, the U.S. government asked Facebook for access to accounts of between 20,000 and 21,000 users, the company said.

Facebook has more than 1.1 billion users globally.

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The Two-Way
10:22 am
Tue August 27, 2013

Tesla Sales Hum In California, Beating Porsche, Land Rover

Tesla Motors has outsold several luxury carmakers in California in 2013, on the strength of its Model S, seen here in the foreground. The Telsa Roadster is behind it.
James Lipman Telsa

Originally published on Tue August 27, 2013 12:33 pm

It's been a good year for Tesla Motors, the luxury electric car maker, particularly in California, where it's selling more cars than Porsche, Jaguar, Lincoln, or Buick. In 2013, the company has sold 4,714 cars in the state, according to the California New Car Dealers Association.

Here's a rundown of the state's vehicle sales rankings:

  • Tesla: 4,714
  • Porsche: 4,586
  • Land Rover: 4,022
  • Volvo: 2,982
  • Lincoln: 2,230
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The Two-Way
10:16 am
Tue August 27, 2013

Latest Economic Signs Point To Slow, Steady Growth

A home construction site in Oceanside, Calif., earlier this month. Home prices continue to rise across the nation, though the pace appears to have slowed.
Mike Blake Reuters/Landov

Two key economic indicators — home prices and consumer confidence — both seem to signal that slow, steady economic growth lies ahead.

Tuesday's reports:

-- Confidence. The Conference Board's widely watched consumer confidence index increased only slightly in August, to 81.5 from 81 in July, the business research group says.

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Around the Nation
5:02 am
Tue August 27, 2013

Residents Of Hot Weather States Sweat Air Conditioning Bills

Transcript

DAVID GREENE, HOST:

Air conditioning is increasingly becoming a necessity, not a luxury, as the number of Americans living in the Sunbelt grows. In Arizona, many people are struggling to keep up with their utility bills. The federal government does have an energy assistance program, but funding is shrinking, and it favors cold weather states that need heating help.

From member station KJZZ in Phoenix, Jude Joffe-Block reports.

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Business
5:02 am
Tue August 27, 2013

Amgen To Buy Onyx In $10.4 Billion Deal

Originally published on Tue August 27, 2013 5:13 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a major biotech deal.

Amgen, the world's largest biotech company, is buying Onyx Pharmaceuticals for nearly $10.5 billion.

As NPR's Wendy Kaufman reports, Amgen has high hopes for Onyx's cancer drugs.

WENDY KAUFMAN, BYLINE: Amgen has cancer-related medicines, but for the most part they relieve side effects of chemotherapy, they don't act on the cancer itself.

And analyst Mark Schoenebaum of the stock research firm ISI Group says Amgen wanted a piece of that action.

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Business
5:02 am
Tue August 27, 2013

Cats Plus Online Videos Equal Precious

Originally published on Wed August 28, 2013 2:23 pm

Transcript

RENEE MONTAGNE, HOST:

And our Last Word In Business today is click catnip. Ten thousand people turned out at the Walker Art Center in Minneapolis last summer for the first Internet Cat Video Festival.

DAVID GREENE, HOST:

It was such a success, they have brought it back. Scott Stulen runs it and thinks cats and online videos, they just work together.

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Economy
5:02 am
Tue August 27, 2013

Why Aren't Wages Outstripping Inflation?

Originally published on Tue August 27, 2013 5:10 am

Things appear to be looing good on the economic front: The stock market is up over the past year, profits have been rising and the U.S. economy has been growing for four years. Yet, wages for many American workers have been stagnant. To find out why, Renee Montagne talks to David Wessel, economics editor of The Wall Street Journal.

The Salt
3:03 am
Tue August 27, 2013

Turning Off The Spigot In Western Kansas Farmland

An irrigation pivot waters a corn field in Nebraska. Many farmers in Nebraska and Kansas rely on irrigation to water their corn fields. But the underground aquifer they draw from will run dry.
Nati Harnik AP

Originally published on Tue August 27, 2013 2:49 pm

Across the High Plains, many farmers depend on underground stores of water, and they worry about wells going dry. A new scientific study of western Kansas lays out a predicted timeline for those fears to become reality. But it also shows an alternative path for farming in Kansas: The moment of reckoning can be delayed, and the impact softened, if farmers start conserving water now.

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Planet Money
12:16 am
Tue August 27, 2013

A College Kid, A Single Mom, And The Problem With The Poverty Line

Marion Matthew is a home health aide supporting herself and her 17-year-old son.
Pam Fessler NPR

Originally published on Tue August 27, 2013 5:02 am

The College Kid

Rico Saccoccio is a junior at Fordham University in the Bronx. He's from a middle-class family in Connecticut and he spent the summer living at home with his parents, who cover about $15,000 a year in his college costs.

According to the U.S. government, Saccoccio is living in poverty. The $8,000 he earns doing odd jobs puts him well below the $11,945 poverty threshold for an individual. In fact, the U.S. Census Bureau recently reported that more than half of all college students who are living off campus and not at home are poor.

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The Two-Way
5:10 pm
Mon August 26, 2013

Which U.S. Agencies Have Taken The Most Furlough Days?

In May, the Housing and Urban Development agency closed for a day, as employees were placed on furlough. The HUD and other agencies were reportedly forced to take a fraction of the furlough days that had been threatened earlier in 2013.
Mark Wilson Getty Images

Originally published on Tue August 27, 2013 9:36 am

The threat of furloughs loomed large early in 2013, when mandatory budget cuts seemed certain to force federal workers to skip anywhere from 10 to 22 days of work without pay this year. A new tally by Federal News Radio shows that many agencies have taken fewer than half the days they had predicted.

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