NPR Business

The Two-Way
9:59 am
Mon June 10, 2013

S&P Upgrades U.S. Credit Outlook To 'Stable'

Citing improved tax receipts and some steps taken to address the country's long-term budget issues, Standard & Poor's upgraded the United States credit outlook to "stable." As Reuters reports, the credit rating agency said the chance of a downgrade to the country's credit rating is "less than one in three."

Reuters reports:

Read more
Business
4:30 am
Mon June 10, 2013

The Last Word In Business

Originally published on Mon June 10, 2013 7:38 am

Saudi prince and conspicuous billionaire Alwaleed bin Talal is suing the magazine in a London court. In its annual list of the world's wealthiest people, Forbes estimates bin Talal's fortune at $20 billion. But the prince says the magazine publicly short changed him by nearly $10 billion.

Business
4:30 am
Mon June 10, 2013

Business News

Originally published on Mon June 10, 2013 7:36 am

Chinese exports grew by only 1 percent in May — the lowest rate in almost a year. Weak exports to the U.S. and Europe are the main culprits. And imports of the raw materials that fuel China's economy, such as copper and coal are also down.

Around the Nation
2:57 am
Mon June 10, 2013

Rail Project At Los Angeles Port Draws Environmentalists' Ire

Shipping containers stack up at the Port of Los Angeles.
Nick Ut AP

Originally published on Mon June 10, 2013 12:21 pm

In California, a high-profile lawsuit is seeking to halt construction of a new $500 million rail yard next to the Port of Los Angeles. Activists, including a national environmental group that's spearheading the opposition, say the massive project would mean even more pollution for nearby neighborhoods that already have some of the worst air in the country.

Read more
The Two-Way
3:20 pm
Sun June 9, 2013

Newspaper Reveals Source For NSA Surveillance Stories

In a 12-minute video on The Guardian's website, Edward Snowden, a former technical assistant for the CIA talks about how American surveillance systems work and why he decided to reveal that information to the public.
The Guardian

Originally published on Mon June 10, 2013 6:32 am

  • "Guardian" reporter Glenn Greenwald on weekends on "All Things Considered"

The Guardian newspaper has identified the source for a series of reports it's published in recent days on secret U.S. surveillance activity as a former technical assistant for the CIA who now works for a private-sector defense and technology consulting firm.

Read more
The Two-Way
8:42 am
Sun June 9, 2013

The Latest On The NSA Surveillance Story

British Foreign Secretary William Hague.
Abbas Momani AFP/Getty Images

Originally published on Sun June 9, 2013 1:51 pm

In the past several days, there's been a steady flow of leaks about the National Security Agency and its secret surveillance activities, including the gathering of metadata on domestic and foreign telephone calls and the existence of PRISM, described in media reports as a top-secret data-mining program.

New developments are occurring on a daily basis. Here are a few we're watching right now:

Read more
The Two-Way
5:19 pm
Sat June 8, 2013

DNI Calls Reporting On Government Surveillance 'Reckless'

Director of National Intelligence James Clapper testifying before the Senate Armed Services Committee in April.
Win McNamee Getty Images

Originally published on Sat June 8, 2013 9:08 pm

Director of National Intelligence James Clapper on Saturday said media reporting this week about government surveillance activities amounted to "reckless disclosures" that could hand terrorists a playbook to foil detection.

He said the surveillance measures are legal and said the reporting lacked full context:

Read more
The Two-Way
9:19 am
Sat June 8, 2013

Tech Giants Deny Granting NSA 'Direct Access' To Servers

A man poses for photos in front of a sign at the entrance to the Facebook campus in Menlo Park, Calif., on Friday.
Jeff Chiu AP

Originally published on Sat June 8, 2013 6:26 pm

Tech companies that cooperated with government intelligence-gathering efforts by allowing access to their databases say they did so only reluctantly and that it never involved 'direct access' to servers, according to The New York Times.

Read more
Code Switch
7:22 am
Sat June 8, 2013

Puerto Rican Flags Wave To New York's Parade-Goers

Longtime East Harlem resident Johnny Montanez, 53, says he sells Puerto Rican flags and T-shirts a few doors down from his apartment building to show that Puerto Ricans are "still here."
Hansi Lo Wang NPR

Originally published on Sun June 9, 2013 7:20 am

Marching bands, beauty queens and Chita Rivera are set to make their way down New York City's Fifth Avenue on Sunday for the annual Puerto Rican Day Parade.

With 80,000 marchers and 2 million onlookers, the event is one of the country's biggest ethnic celebrations.

In the run-up to the parade, rows of street vendors have lined up north of the parade route, in New York's East Harlem neighborhood — also known as Spanish Harlem for the wave of Puerto Ricans that settled here after World War II.

Read more
Business
7:00 am
Sat June 8, 2013

Restaurants Face Unique Challenges Under Obamacare

Clyde's of Georgetown, part of the 14-restaurant Clyde's Restaurant Group, is just one of many restaurants trying to navigate the changes the Affordable Care Act will bring.
Courtesy of Clyde's Restaurant Group

Originally published on Sun June 9, 2013 5:39 am

Almost 20 percent of American workers are working part-time, a historic high. Those part-time workers will be able to get health coverage beginning next year under Obama's Affordable Care Act, but many business owners worry about how they'll pay for it.

Read more

Pages