NPR Business

Parallels
8:05 am
Mon July 29, 2013

Group Faults Apple For Labor Violations At China Supplier

Apple is under fire again for labor violations at its supplier's factories in China.
Eugene Hoshiko AP

Originally published on Mon July 29, 2013 11:53 am

There's been concern about working conditions at factories run by Apple's foreign suppliers since the story last year about Foxconn. At the time, the tech giant moved to address those concerns to show that it took them seriously. But more allegations surfaced Monday centering on Apple's effort to build a cheaper iPhone.

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Business
6:25 am
Mon July 29, 2013

Mega Merger Combines Ad Companies Publicis, Omnicom

Originally published on Mon July 29, 2013 7:07 am

France's Publicis and U.S.-based Omnicom announced Sunday night that they're joining forces. Together, they'll be the largest advertising holding company in the world.

Business
5:08 am
Mon July 29, 2013

Why Don't More People Care About Insider Trading?

Originally published on Mon July 29, 2013 7:07 am

David Greene talks to Vanity Fair financial journalist Bryan Burrough about the SAC hedge fund insider trading case, and how little the public cares, compared with the 1980s insider trading crackdown that was widely followed and became a part of popular culture.

Energy
3:00 am
Mon July 29, 2013

Massive Solar Plant A Stepping Stone For Future Projects

The Ivanpah solar project in California's Mojave Desert will be the largest solar power plant of its kind in the world.
Josh Cassidy KQED

Originally published on Mon July 29, 2013 12:33 pm

The largest solar power plant of its kind is about to turn on in California's Mojave Desert.

The Ivanpah Solar Electric Generating System will power about 140,000 homes and will be a boon to the state's renewable energy goals, but it was no slam dunk. Now, California is trying to bring conservationists and energy companies together to create a smoother path for future projects.

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Law
5:55 pm
Fri July 26, 2013

After Five Years, Why So Few Charges In Financial Crisis?

Neil Barofsky, special inspector general for the Troubled Asset Relief Program, testifies before Congress about the program in 2010. Barofsky now says of the financial crisis: "The folks responsible for this incredibly painful economic damage that struck our economy have gone free."
Harry Hamburg AP

Originally published on Mon July 29, 2013 12:01 pm

In the latest in a string of insider trading cases, federal prosecutors this week indicted SAC Capital, one of the most prominent and profitable hedge funds in the world.

But when it comes to the 2008 financial crisis that sent the economy into a tailspin, criminal prosecutions have been few and far between.

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The Two-Way
3:57 pm
Fri July 26, 2013

Hedge Fund SAC Capital Pleads Not Guilty To Fraud Charges

Preet Bharara, United States Attorney for the Southern District of New York, speaks at a news conference on Thursday about a federal indictment against SAC Capital.
Timothy Clary AFP/Getty Images

Originally published on Fri July 26, 2013 5:04 pm

Hedge fund SAC Capital Advisors has pleaded not guilty to wire and securities fraud, a day after federal prosecutors in New York charged the firm in connection with an alleged insider trading scheme.

Peter Nussbaum, SAC's general counsel, entered the plea on behalf of the firm, one of Wall Street's biggest hedge funds.

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Planet Money
12:49 pm
Fri July 26, 2013

Stamps, Jeans, Beer: What Americans Want From North Korea

Can I buy a pair of jeans made in North Korea?
Office of Foreign Assets Control

Originally published on Mon July 29, 2013 12:01 pm

U.S. sanctions mean that any citizen or business wanting to buy stuff from North Korea has to send a letter to the U.S. government asking for special permission. A few months back, we submitted a Freedom of Information Act request, asking for those letters.

Our request was granted: We recently received a packet of 18 letters from Americans who wanted to do business with the most isolated nation on the planet. We've posted all of the letters online.

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All Tech Considered
11:17 am
Fri July 26, 2013

Tech Week That Was: Facebook Triumphs, Chromecast Launches

Marcio Jose Sanchez AP

Originally published on Fri July 26, 2013 1:29 pm

Each Friday we round up the big conversations in tech and culture during the week that was. We also revisit the work that appeared on this blog, and highlight what we're reading from our fellow technology writers and observers at other organizations.

ICYMI

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Business
5:55 am
Fri July 26, 2013

Toyota Keeps The Top Spot In Sales

Originally published on Fri July 26, 2013 7:33 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with Toyota holding onto the trophy.

(SOUNDBITE OF MUSIC)

GREENE: Toyota remains the world's top-selling automaker. Numbers out today show the Japanese company sold 4.9 million cars and trucks in the first half of the year, beating out its rival General Motors. Transcript provided by NPR, Copyright NPR.

Business
5:21 am
Fri July 26, 2013

Fears Of Bust Tinge Energy Boom In Denver

Originally published on Fri July 26, 2013 7:33 am

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm David Greene. Companies that are booming often want prestigious spaces, and this is especially true in the energy industry. The expansion of oil and gas drilling in the United States is having a major impact on the real estate market from Pennsylvania to Texas. It's certainly driving up prices and tightening the market in Denver. From Colorado Public Radio, Ben Markus reports.

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