NPR Business

Business
6:04 am
Wed May 22, 2013

Court Rules Vacation Rental Site Illegal In New York

Originally published on Wed May 22, 2013 9:29 am

Transcript

DAVID GREENE, HOST:

Here's some news for travelers. If you can't afford - or don't want to pay the price for - a hotel room, maybe you've used the cheap lodging site Airbnb. If so, you have to take New York City off your list. The popular website has suffered a major setback in court. A judge in New York ruled that an Airbnb user in Manhattan violated local laws when he rented a room to an out-of-towner.

From member station WNYC, Ilya Marritz reports.

Read more
Planet Money
3:07 am
Wed May 22, 2013

Why Apple (And Lots Of Other Companies) Wound Up In Ireland

Andy Wong AP

Originally published on Wed May 22, 2013 9:35 am

Apple was criticized in a Senate committee hearing Tuesday for using complex accounting to minimize the corporate taxes it pays. One key piece of the company's tax strategy: It funnels lots of its profits through subsidiaries in Ireland.

Offering low corporate tax rates has been a fundamental part of Ireland's economic strategy for decades — a way to get foreign companies to set up operations in the country.

Read more
Research News
3:03 am
Wed May 22, 2013

Quantum Or Not, New Supercomputer Is Certainly Something Else

Google and NASA are betting that quantum forces are at work inside D-Wave's 512-bit chip.
Courtesy of D-Wave

Originally published on Wed May 22, 2013 11:33 am

It's exactly the sort of futuristic thinking you'd expect from Google and NASA: Late last week, the organizations announced a partnership to build a Quantum Artificial Intelligence Lab at NASA's Ames Research Center.

Read more
Your Money
3:01 am
Wed May 22, 2013

Instead Of Snoozing In Savings, Let's Put $5,000 To Work

Robyn Mackenzie iStockphoto.com

Originally published on Wed May 29, 2013 3:40 pm

If you have a savings account you probably already know this: Your money there is losing value to inflation. Yields are so low that returns are not even keeping up with the cost of living.

I've been watching some of my own savings dwindle. And that prompted me to take up a challenge: I'm taking $5,000 from personal savings and putting it to work. I'm not a financial whiz, pundit or any kind of guru.

Read more
Business
5:43 pm
Tue May 21, 2013

Apple CEO Defends Tax Practices At Senate Hearing

Transcript

ROBERT SIEGEL, HOST:

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

MELISSA BLOCK, HOST:

And I'm Melissa Block.

The top executives of Apple faced tough questions today on Capitol Hill. They came at a hearing about Apple's alleged avoidance of billions of dollars in U.S. income taxes. Yesterday, Senate investigators released a study describing how the maker of the iPhone, iPad and Mac computers used subsidiaries based in Ireland to avoid income taxes on a big chunk of its global profits.

Read more
Business
5:43 pm
Tue May 21, 2013

Tech Companies Have A Lot At Stake With Immigration Bill

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

The immigration bill that's working its way through the Senate gives the tech industry something it has long asked for: more visas for skilled workers from overseas. But the original bill also came with something the tech industry didn't like: rules to keep those foreign workers from taking the jobs of Americans. As NPR's Martin Kaste reports, key senators agreed to loosen those rules.

Read more
Business
5:43 pm
Tue May 21, 2013

JPMorgan Chase CEO Spared By Shareholders

Transcript

ROBERT SIEGEL, HOST:

Jamie Dimon, the chairman and CEO of JP Morgan Chase, has beaten back the most significant challenge to his leadership since he took charge. Company shareholders turned down a proposal that would have taken away one of his titles.

But as NPR's Jim Zarroli reports, shareholders made clear they are unhappy about the performance of some board members.

Read more
Business
5:43 pm
Tue May 21, 2013

'Reinventing The Register' May Take Time For Square

Originally published on Tue May 21, 2013 6:43 pm

Transcript

ROBERT SIEGEL, HOST:

Now, the cash register re-imagined. Paying for things online with your mobile phone can be as easy as paying with cash but digital payment companies, like PayPal and Square, think the big money for them is still at the register. So they're rushing head-long into brick-and-mortar retail, eager for new ways to make old-fashioned money.

From member station WHYY, Zack Seward has the story.

Read more
The Two-Way
4:32 pm
Tue May 21, 2013

Microsoft Reveals New Xbox One Game System

The new Xbox One entertainment and gaming system was unveiled Tuesday by Microsoft. The console includes live TV and advanced voice commands.
Ted S. Warren AP

Originally published on Thu November 14, 2013 10:51 am

Microsoft unveiled its new Xbox One Tuesday, displaying a device that takes new steps in game consoles' journey to becoming all-purpose entertainment and communication devices. The new console replaces the Xbox 360, which has been on the market for nearly eight years.

Read more
Shots - Health News
3:54 pm
Tue May 21, 2013

A Catch For Insurers That Cut Deductibles For Healthy People

How much is my deductible?
iStockphoto.com

Originally published on Tue May 21, 2013 4:38 pm

Health insurance deductibles typically only go one direction: up.

It's not unusual for people these days to be responsible for paying thousands of dollars in medical claims before most plan benefits kick in.

Read more

Pages