NPR Business

The Salt
1:56 pm
Tue February 26, 2013

How The Food Industry Manipulates Taste Buds With 'Salt Sugar Fat'

iStockphoto.com

Originally published on Wed February 27, 2013 12:46 pm

Dealing Coke to customers called "heavy users." Selling to teens in an attempt to hook them for life. Scientifically tweaking ratios of salt, sugar and fat to optimize consumer bliss.

In his new book, Salt Sugar Fat: How the Food Giants Hooked Us, Pulitzer Prize-winning journalist Michael Moss goes inside the world of processed and packaged foods.

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All Tech Considered
1:47 pm
Tue February 26, 2013

Among Oscars Fanfare, Visual Effects Industry Faces Difficult Times

Bill Westenhofer, winner of best visual effects for Life of Pi, said backstage that the business model of the visual effects industry needs to change.
Vince Bucci AP

Originally published on Tue February 26, 2013 7:37 pm

In a business where effects-laden movies helped Hollywood make a record-setting $10.8 billion last year, many of the studios that create those effects are barely staying afloat.

Visual effects have been a part of the movie industry ever since Georges Melies went on his famous Trip to the Moon in 1902. These days, VFX studios do everything from putting a tiger in a lifeboat on an ocean voyage to choreographing the destruction of a New York City being defended by Earth's mightiest heroes.

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The Two-Way
12:19 pm
Tue February 26, 2013

FDIC Says In 2012, Banks Posted Second-Best Earnings On Record

Martin Gruenberg, Acting Chairman of the Federal Deposit Insurance Corporation (FDIC), testifies during a U.S. House Financial Services Committee hearing on Capitol Hill on June 19, 2012.
Saul Loeb AFP/Getty Images

Profits for U.S. banks skyrocketed in 2012, a report from the Federal Deposit Insurance Corp. finds today.

According to Bloomberg, U.S. banks made $141.3 billion in net income last year. That is the "second-best earnings on record." The best year was 2006, when banks reported $145.2 billion in earnings.

The AP explains:

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The Two-Way
10:27 am
Tue February 26, 2013

Home Sales, Consumer Confidence And Bernanke All On Positive Side

Today's economic indicators all point up:

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The Salt
8:09 am
Tue February 26, 2013

Oxfam Gives Big Food Companies Bad Behavior Grades

Oxfam's "report card" evaluates giants of the supermarket aisle on their commitment to social and environmental issues.
iStockphoto.com

Originally published on Tue February 26, 2013 9:42 am

Do failing grades inspire more effort? Oxfam hopes so. The activist group on behalf of the poor has just handed out report cards to 10 of the world's top food companies, grading their commitments to protect the environment and treat people fairly.

Oxfam doesn't grade on the curve, evidently. Every company flunked. But two European-based companies, Nestle and Unilever, were at least better than the others.

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Economy
5:21 am
Tue February 26, 2013

Shipyard Workers Worry About Sequestration Furloughs

Originally published on Tue February 26, 2013 9:44 am

Military communities are keeping a wary eye on the sequester debate in Washington, D.C. In Maine, employees of the Portsmouth Naval Shipyard have already been dealing with budget cuts. Now they could face furlough days as well. The smaller payroll could send shock waves through the local economy.

Television
5:21 am
Tue February 26, 2013

CBS Continues New TV Formula With 'Golden Boy'

Originally published on Tue February 26, 2013 9:44 am

Transcript

LINDA WERTHEIMER, HOST:

Real life crime and court scenarios are often plot lines for television shows. And since there aren't enough new hit dramas this season, CBS is staying competitive with its old standbys, crime procedurals, like "The Mentalist" and "NCIS."

TV critic Eric Deggans says the network is also trying something new, with a show that premieres tonight.

ERIC DEGGANS: In some ways, the new drama "Golden Boy" seems like a serious Hail Mary pass for CBS.

(SOUNDBITE OF TV SHOW "GOLDEN BOY")

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Business
5:21 am
Tue February 26, 2013

Has The Nook Saved Barnes & Noble From Going The Way Of Borders?

Originally published on Tue February 26, 2013 9:44 am

Transcript

LINDA WERTHEIMER, HOST:

Barnes & Noble Chairman and chief stockholder, Leonard Riggio, is looking into the possibility of buying the company's retail book business, but not the Nook, the e-book, the company had staked it future on.

STEVE INSKEEP, HOST:

That news comes as the company is set to release its third quarter earnings on Thursday. Barnes & Noble has already signaled the report will be disappointing, especially with the e-reader.

NPR's Lynn Neary reports on the future of the bookstore chain.

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Business
5:21 am
Tue February 26, 2013

Business News

Originally published on Tue February 26, 2013 9:44 am

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with a Fed status update.

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

Federal Reserve Chairman Ben Bernanke is in front of the Senate Banking Committee this morning. It's his semi-annual report to Congress.

And Bernanke is facing questions, as he has for years, about the Fed's bond buying program that's been pumping money into the economy and keeping interest rates low. Some lawmakers fear this policy could eventually cause inflation.

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NPR Story
5:16 am
Tue February 26, 2013

The Last Word In Business

Originally published on Tue February 26, 2013 9:44 am

Transcript

LINDA WERTHEIMER, HOST:

If you were to open a new brick-and-mortar bookstore, New York City would be a very pricey place to do it. Manhattan boasts some of the world's most valuable land - and, as it turns out - air. And that is our last word in business this morning.

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