NPR Business

Business
4:34 am
Fri June 21, 2013

Business News

Originally published on Fri June 21, 2013 7:01 am

Libor is the London interbank offered rate. It's important because it establishes the rate that banks pay to borrow from one another.

Business
4:34 am
Fri June 21, 2013

The Last Word In Business

Originally published on Fri June 21, 2013 8:46 am

Gandolfini, who died this week while vacationing in Italy, became famous for his role in The Sopranos. Tony Soprano, the mob boss, described his job as "waste management consultant." Call it what you want, but on the job, Tony Soprano had plenty of business insights.

Shots - Health News
3:04 am
Fri June 21, 2013

With Health Exchanges Poised To Open, PR Push Draws Scrutiny

In San Jose, Calif., on June 6, President Obama encouraged people to sign up for insurance in the nation's largest health insurance market.
Stephen Lam Getty Images

Originally published on Fri June 21, 2013 9:07 pm

This weekend marks 100 days until people can begin signing up for new health insurance coverage under the federal health care law. It also marks another milestone: the launch of an enormous public relations effort to find people eligible for new coverage and urge them to sign up when the time comes.

But like everything else about the health law, even this seemingly innocuous effort has been touched by controversy.

Read more
The Salt
7:19 pm
Thu June 20, 2013

Paula Deen: Child Of Dixie, Meet The Internet Age

Will Paula Deen's admission of using a racial slur crumble her empire?
Courtesy of Food Network AP

Originally published on Mon June 24, 2013 11:57 am

Paula Deen may be famous for her deep-fried Southern cooking, but the Internet isn't buying her defense that she used a racial slur because of her deep Dixie roots.

Read more
The Two-Way
5:25 pm
Thu June 20, 2013

Dow Loses 350 Points After Fed Hints It Will Stop Buying Bonds

Traders work the floor of the New York Stock Exchange after the opening bell on Thursday.
John Moore Getty Images

The Dow Jones industrial average closed down more than 353 points on Thursday in a selloff sparked by uncertainty about the end of a government monetary stimulus program and a credit crunch in China.

Wall Street followed a downturn in global markets. The Standard & Poor's 500-stock index lost 2.5 percent, while the Dow and Nasdaq composite indexes both lost 2.3 percent.

Read more
Environment
2:35 pm
Thu June 20, 2013

The Business And Politics Of Air Quality Regulation

In a speech in Germany Wednesday, President Barack Obama said it's time to take "bold action" on climate change. Many believe that major changes to policies on carbon emissions lie ahead, which would mean a host of new regulations for businesses.

The Salt
1:04 pm
Thu June 20, 2013

Why Slave Labor Still Plagues The Global Food System

Workers process shrimp at a factory in Thailand in 2009.
Chumsak Kanoknan Getty Images

Originally published on Fri June 21, 2013 10:01 am

When the State Department released its annual report on human trafficking Wednesday, we got a chilling reminder that even in 2013, slave labor is still embedded in the global food system.

As many as 27 million men, women and children are estimated to be trafficking victims at any given time, according to the report. And some of those victims, the State Department says, are later forced to work in agriculture and food processing (though no one has a good idea how many).

Read more
The Two-Way
12:05 pm
Thu June 20, 2013

He's An Impostor, The Navy Says About Cap'n Crunch

Say it ain't so, Cap'n.
Quaker Oats Company PepsiCo

Originally published on Thu June 20, 2013 12:53 pm

We don't know how, but we missed a major scandal brewing in the Navy for decades. It's important, so even if we're a little late to the story we still wanted to point it out: Cap'n Crunch is an impostor.

The Cap'n was unmasked on June 14 by a food blogger, who noticed the uniform he wears on cereal boxes had the stripes of a commander, not a captain. That is: A captain has four stripes on his sleeve, while a commander has three.

Read more
Music
11:48 am
Thu June 20, 2013

Free Music? Yes Please!

Originally published on Thu June 20, 2013 2:42 pm

Transcript

CELESTE HEADLEE, HOST:

Now we want to talk about the way people are getting new music across the globe. Earlier this week, hip-hop mogul Jay-Z announced he's teaming up with Samsung to release his next album "Magna Carta Holy Grail." Here he is advertising that release.

(SOUNDBITE OF JAY-Z COMMERCIAL)

JAY-Z: The idea is to really finish the album and drop it, giving it to the world at one time and then letting them share it when it goes out.

Read more
The Two-Way
9:46 am
Thu June 20, 2013

Weekly Jobless Claims Rise Slightly

Originally published on Thu June 20, 2013 11:31 am

The number of first-time claims for unemployment insurance rose by 18,000 last week, the Employment and Training Administration says. At 354,000, the number remained at a level consistent with modest job growth.

According to the agency, the four-week moving average, a less volatile indicator, rose 2,500, to 348,250.

The AP reports:

Read more

Pages