NPR Business

The Two-Way
5:47 pm
Tue April 9, 2013

Bitcoin Surpasses $200 Mark, Continuing 'Epic' Rise

A chart shows the sharp rise of bitcoin against the U.S. dollar in the past five days. Only two months after exchange rates put a single bitcoin's value at around $20, it surpassed $200 Tuesday.
Bitcoin Charts

Bitcoin, the digital currency that trades outside the control of central banks and international borders, reached new heights Tuesday, surpassing the $200 mark for the first time. That level comes just five days after bitcoin approached $150, a development that Mt.Gox, the largest exchange service for the currency, deemed to be "epic."

Bitcoin's rise has been sharp. It was only two months ago that exchange rates put a single bitcoin's value at around $20.

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All Tech Considered
5:34 pm
Tue April 9, 2013

Austin Is Latest Testbed For Google's High-Speed Experiment

Matthew Marcus works at his desk in the basement of Kansas City Startup Village in Kansas City, Kan., in January. The village houses several startup companies and takes advantage of the high-speed Internet. Google announced on Tuesday it would be installing its Google Fiber network in Austin, Texas, next.
Orlin Wagner AP

Originally published on Tue April 9, 2013 7:34 pm

Google announced Tuesday that its Google Fiber project would be hitting Austin, Texas, next. The company says Austin, famous for its South by Southwest festival, is a "mecca for creativity and entrepreneurialism, with thriving artistic and tech communities."

Google Fiber is the tech giant's blazing fast Internet service, with current rates at 1 Gpbs, about 100 times faster than your typical cable broadband Internet service. It debuted in Kansas City in 2012.

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Environment
4:38 pm
Tue April 9, 2013

Keystone XL Pipeline Could Be Huge Boon For Canada

Originally published on Tue April 9, 2013 7:34 pm

Transcript

AUDIE CORNISH, HOST:

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Technology
4:38 pm
Tue April 9, 2013

Kansas City Slow To Connect With Google's Super Fast Internet

Originally published on Tue April 9, 2013 7:34 pm

Google has already rolled out an experimental broadband network in parts of Kansas City.

The Two-Way
2:04 pm
Tue April 9, 2013

KPMG Partner May Have Traded Inside Information

Originally published on Tue April 9, 2013 3:20 pm

KPMG has withdrawn as auditor of Herbalife and Skechers USA after the accounting firm revealed that one of its partners may have sold inside information on the companies to a third-party stock trader.

Nutrient-supplement seller Herbalife briefly halted activity in its shares after the revelation, only reopening trading Tuesday afternoon. The company's stock was down 21 cents at $38.18 Tuesday. The broader market was mixed.

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The Two-Way
12:14 pm
Tue April 9, 2013

New Data Show Ford Doing Well In Overseas Markets

A Ford Focus ST was on display at the 2013 North American International Auto Show in Detroit in January.
Stan Honda AFP/Getty Images

Originally published on Tue April 9, 2013 1:27 pm

Which Japanese-manufactured car is the world's most popular vehicle? Maybe none of them. It might just be the Ford Focus.

More than a million Focus models were sold worldwide last year, with Toyota's Corolla coming in second. Next was Ford's top-selling F-Series pickup, sold almost exclusively in the U.S. and Canada, according to the marketing firm R.L. Polk.

Still, there's one caveat. As The Wall Street Journal points out:

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Business
4:34 am
Tue April 9, 2013

The Last Word In Business

Originally published on Tue April 9, 2013 9:14 am

Transcript

DAVID GREENE, HOST:

And our last word in business today is: Money may not buy you everything.

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Business
4:34 am
Tue April 9, 2013

BP Trial Update

Originally published on Tue April 9, 2013 9:14 am

Transcript

DAVID GREENE, HOST:

In a courtroom in New Orleans, the oil giant BP has begun presenting its defense in a case connected to the 2010 Gulf of Mexico oil spill. Plaintiffs include individuals and businesses hurt by the spill, as well as and state and federal governments. And they've argued BP was grossly negligent in drilling the deep water well.

But now it's BP's turn. The company argues that contractors who helped it drill should share the blame for the accident, which killed 11 workers and spilled more than four million barrels of oil.

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Business
4:34 am
Tue April 9, 2013

Administration Urges Europeans To Ease Austerity Measures

Originally published on Tue April 9, 2013 9:14 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning. I'm David Greene. President Obama is preparing to send budget plan to Capital Hill this week and Treasury Secretary Jack Lew will be key in selling that plan to Congress.

Right now, Secretary Lew is on another mission: to sell European leaders on the idea of easing austerity to boost economic growth. We reached Secretary Lew in Berlin. Mr. Secretary, welcome back to the program.

SECRETARY JACK LEW: Good to talk to you, David.

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Business
4:34 am
Tue April 9, 2013

Mexico's Magnificent Mangoes

Originally published on Tue April 9, 2013 9:14 am

Transcript

DAVID GREENE, HOST:

All right. If you happen to be listening to this program while having a mango for breakfast, there is a good chance that mango is grown in Mexico. Our neighbor to the south says it is now the world's largest exporter of fresh mangos.

India still reigns king in exports of mango products, but as NPR's Carrie Kahn reports, Mexican mangos are now grown at an astonishing rate and the American market is the main target.

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