NPR Business

Politics
4:33 am
Fri June 28, 2013

Agencies Continue To Identify Fallout From Sequestration

Originally published on Fri June 28, 2013 7:13 am

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION, from NPR News. I'm Renee Montagne.

DAVID GREENE, HOST:

And I'm David Greene. Good morning. Well, now that summer is officially here, we thought this might be a good time to check in with some of our colleagues to find out how the federal budget cuts known as sequestration are playing out. These cuts went into effect in the spring, and it is becoming clear that some federal agencies and programs are feeling the brunt, while others have largely escaped.

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The Two-Way
6:38 pm
Thu June 27, 2013

Regulators File Charges Against Corzine Over MF Global Debacle

Federal regulators are suing former MF Global Holdings CEO Jon Corzine, accusing him of not properly supervising the company that filed for bankruptcy back in 2011. The Commodity Futures Trading Commission says Corzine failed to keep money that belonged to the brokerage's customers from being used to cover MF Global's obligations.

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Planet Money
5:46 pm
Thu June 27, 2013

Kid Rock Takes On The Scalpers

Ethan Miller Getty Images

Kid Rock is tired of scalpers taking tickets away from his biggest fans.

One way to stop that: Raise ticket prices. If Kid Rock charged more for his tickets, scalpers wouldn't be able to sell them at such a big markup.

But Kid Rock doesn't want to raise prices.

"I don't want to break you by coming to see me, " he says. "I want to make as much money as I can, but I don't need to drive around in a tinted down Rolls-Royce or Maybach and hide from people because I felt like I ripped them off."

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Around the Nation
5:44 pm
Thu June 27, 2013

Farmers Twisting In The Wind Without New Farm Bill

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

Farmers work at the mercy of three forces that are largely outside their control: weather, markets, and government. The weather has been good in many parts of the country and the markets are up. But government remains the wild card. Congress failed to pass the Farm Bill, the huge package of legislation that lays out years of food policy. And that leaves farmers in limbo.

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Law
5:44 pm
Thu June 27, 2013

Former N.J. Governor Corzine Faces Federal Civil Charges

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

He was a governor, a senator and a Wall Street success story. Now, Jon Corzine faces federal civil charges. Regulators filed them today in connection with the collapse of Corzine's commodities firm, MF Global. The government says he failed to stop the firm from misusing customer funds during the financial crisis in October 2011.

NPR's Jim Zarroli tells us more.

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The Salt
5:44 pm
Thu June 27, 2013

What The Rise Of Cage-Free Eggs Means For Chickens

Cage-free chickens in Harold Sensenig's barn near Hershey, Pa., get to roam and perch on steel rods, but they don't go outside.
Dan Charles NPR

Originally published on Sat June 29, 2013 9:32 pm

The typical life of an egg-laying chicken is beginning to change dramatically.

Ninety percent of the eggs we eat come from chickens that live in long lines of wire cages, about eight birds to a cage. Animal welfare groups have long been campaigning against these cages.

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Parallels
4:45 pm
Thu June 27, 2013

In Symbolic Move, U.S. Cuts Trade Privileges For Bangladesh

Garment factory workers come out from a building during a lunch break in Dhaka, Bangladesh, in June. Many Bangladeshi garment factories are considered to be poorly constructed.
A.M. Ahad AP

The U.S. suspended some trade benefits to Bangladesh on Thursday, citing unsafe working conditions. But in the near term it appears unlikely to have a major impact on the country's crucial garment industry.

Here's why: Bangladesh was suspended from the Generalized System of Preferences (GSP) program, so U.S. duties will rise on a range of items from tobacco to plastic. But this program doesn't cover garments — Bangladesh's main export to America.

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All Tech Considered
3:01 pm
Thu June 27, 2013

What You Suggested For Our Tech Blog Reboot

An old innovation: the printing press.
Flickr: Mattack

In case you missed it Monday, we're rebooting our technology blog to focus on the intersection of innovation and culture. The updated approach both widens our view of technology — for example, two-ply toilet paper was innovative at one point — and sharpens our gaze. You won't find general tech business news in this space anymore.

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The Two-Way
1:42 pm
Thu June 27, 2013

U.S. Businessman Trapped By Chinese Workers Is Freed

American Chip Starnes, co-owner of Specialty Medical Supplies, spoke to the media Tuesday from a window at a factory on the outskirts of Beijing.
Andy Wong AP

Originally published on Thu June 27, 2013 2:49 pm

American businessman Chip Starnes finally left his factory in China on Thursday after he and a union negotiator worked out severance payments for Chinese employees.

Starnes had been stuck inside his medical supply parts factory since last Friday. That's when workers, fearing they were all going to be laid off and that the company wasn't going to compensate them fairly, blocked all of the exits out of the plant. Starnes couldn't get out.

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The Salt
12:56 pm
Thu June 27, 2013

Moonshine As Moneymaker? Eastern Tennessee Will Drink To That

Ole Smoky has helped revitalize the local economy in Gatlinburg, Tenn. The distillery sources its corn, jars and other packaging locally, and employs more than 150 people.
Van Gallik Courtesy of Ole Smoky

Originally published on Thu June 27, 2013 1:07 pm

Moonshine is trendy these days, with distillers large and small throughout the country offering up their own variety. But in eastern Tennessee, locals will tell you they've got the real "white lightning." Everyone seems to boast a family connection, and everyone has his or her own recipe.

"It's a local point of pride, a big part of eastern Tennessee family tradition," says Robert Cremins, a college student from Knoxville. Many in the region identify themselves with moonshine, Cremins tells The Salt. "I grew up hearing stories about moonshine."

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