NPR Business

National Security
9:54 am
Sat July 6, 2013

Defense Contractors See Their Futures In Developing World

A mannequin in night-vision goggles is part of a display at a border-security expo in Pheonix last year. Defense companies are seeking growth in markets in the developing world, or in homeland and cybersecurity.
Amanda Meyers AP

Originally published on Sat July 6, 2013 5:12 pm

Defense manufacturers worldwide are facing tough times ahead, as tight budgets force Western governments to cut spending. But while the West is cutting back, developing countries around the world are spending more on defense — a lot more.

Last fall, defense contractors warned of massive layoffs if the U.S. government enacted the automatic budget cuts known as sequestration. Now, sequestration is in effect, but job losses are limited, in part because many Pentagon contracts were already in place and will keep assembly lines rolling for much of this year.

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Economy
9:54 am
Sat July 6, 2013

June Job Numbers Perk Up Optimists

Transcript

(SOUNDBITE OF MUSIC)

LINDA WERTHEIMER, HOST:

This is WEEKEND EDITION from NPR News. I'm Linda Wertheimer.

The economy added 195,000 jobs in June. That was a surprise and a delight to both economists and Wall Street. But the unemployment rate was stuck at 7.6 percent.

NPR's Sonari Glinton reports that the economic recovery continues at a slow but steady pace.

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Around the Nation
6:24 am
Sat July 6, 2013

With Bullets Scarce, More Shooters Make Their Own

Since the Newtown school shooting in December, gun stores nationwide have had difficulty keeping ammunition, like these .223-caliber rifle bullets, in stock.
Justin Sullivan Getty Images

Originally published on Sat July 6, 2013 9:05 pm

Gun stores around the country have had difficulty keeping up with demand for ammunition in recent months. Fears of government tightening of gun and ammunition controls have meant that retailers, from Wal-Mart to mom-and-pop gun shops, haven't been able to keep bullets on the shelves.

Cliff Poser's gun shop, Cliff's Guns, Safes and Reloading in Boise, Idaho, is one of them. Business has been so crazy lately that he has to keep a special stash of ammunition, just so customers who buy guns from him can also buy bullets.

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Economy
5:17 pm
Fri July 5, 2013

Jobs Keep Growing. How Soon Should The Fed Stop Helping?

Many economists are encouraged by the latest jobs report because the stronger growth doesn't appear to be just a one-month blip.
Kevork Djansezian Getty Images

Originally published on Tue July 9, 2013 12:37 pm

The latest employment report is encouraging to many economists because the stronger job growth doesn't appear to be just a one-month blip. But some worry that it's so strong the Federal Reserve may pull back efforts to boost the economy.

The Labor Department's newest data released Friday shows the U.S. added 195,000 jobs in June. The prior two months were also revised upward — above 190,000 for both April and May.

That's three months of more-robust job growth.

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Social Entrepreneurs: Taking On World Problems
4:25 pm
Fri July 5, 2013

At Cambodia Hotel, The Workers Are The Boss

Traffic passes in front of the Soria Moria Boutique Hotel in Siem Reap, Cambodia.
Will Baxter for NPR

Originally published on Tue July 9, 2013 12:37 pm

This story is part of NPR's ongoing series about social entrepreneurs — people around the world who are dreaming up innovative ways to develop communities and solve social problems.

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Planet Money
1:26 pm
Fri July 5, 2013

How To Spend $442 On A 15-Minute Cab Ride

Don Emmert AFP/Getty Images

Originally published on Tue July 9, 2013 12:37 pm

Say you're in Midtown Manhattan at rush hour. You need to go a mile uptown, and you can't find a cab. A pedicab, a taxi-bicycle hybrid (like the one in the picture) may not be a bad option.

Riding through the middle of Manhattan on the back of a bike, dodging buses and cabs, feels like the Wild West of transportation options. The pricing feels that way too: Unlike buses or cabs, pedicabs don't charge a set fee. It's whatever the rider and the driver agree to. And, like in the Wild West, innocents often get fleeced.

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The Two-Way
9:02 am
Fri July 5, 2013

Better Than Expected Job Growth In June

At a job fair in Los Angeles last month, job seekers filled out applications.
Kevork Djansezian Getty Images

Originally published on Fri July 5, 2013 10:48 am

More jobs were created last month than economists had expected, but the unemployment rate held steady.

The Bureau of Labor Statistics reported Friday that employers added 195,000 jobs to public and private payrolls. That's better than the gain of 165,000 that forecasters had predicted.

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All Tech Considered
8:54 am
Fri July 5, 2013

At Tech-Free Camps, People Pay Hundreds To Unplug

Camp Grounded is located in Northern California.
Courtesy of Scott Sporleder

Originally published on Fri July 5, 2013 12:17 pm

The overwhelming and endless stream of electronic alerts and messages on our computers, phones and tablets is driving demand for a new kind of summer camp for adults. "Technology-free" camps that force their campers to surrender their gadgets, wallets and that nagging "fear of missing out" — FOMO — are booking up fast.

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Business
4:51 am
Fri July 5, 2013

The Last Word In Business

Originally published on Fri July 5, 2013 6:59 am

Former girlfriend Chrissie Shrimpton, who dated Jagger before he was a superstar, sold the hair. It went for about $6,000, which is more than four times what someone once paid for Rolling Stone bandmate Keith Richard's hair.

Business
4:51 am
Fri July 5, 2013

Business News

Originally published on Fri July 5, 2013 6:53 am

The Bay Area Rapid Transit agency and its two largest unions have reached an agreement — sort of. The unions are ending the five-day strike that halted commuter-rail service throughout the San Francisco Bay Area. BART and the unions agreed to extend their contracts for a month while negotiations continue.

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