NPR Business

Business
4:24 am
Thu May 16, 2013

Business News

Originally published on Thu May 16, 2013 6:03 am

The House Agriculture Committee on Wednesday approved a sweeping farm bill that would trim the $80 billion-a-year food stamp program. The panel rebuffed Democratic efforts to keep the program whole, as debate on the farm bill turned into a theological discourse on helping the poor.

Asia
4:24 am
Thu May 16, 2013

Yen's Drop In Value Could Fuel Curency War

Originally published on Thu May 16, 2013 5:16 am

Transcript

STEVE INSKEEP, HOST:

Japan's economy is finally getting a lift. The stock market is soaring there. Companies like Toyota and Sony are seeing a surge in profits. And today, Japan's government reported the economy grew a three-and-a-half percent annual rate in the first three months of the year, a significant improvement.

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Business
4:56 pm
Wed May 15, 2013

Airlines Can Keep You From Snapping, But Not Sharing Photos

Originally published on Wed May 15, 2013 7:39 pm

A recent incident on a commercial airliner raises an interesting question: can an airline bar you from taking pictures on their plane?

All Tech Considered
4:55 pm
Wed May 15, 2013

A New 'Smart Rifle' Decides When To Shoot And Rarely Misses

A TrackingPoint rifle features a high-tech scope that includes a laser rangefinder and a Wi-Fi server.
Courtesy of TrackingPoint

Originally published on Thu May 16, 2013 11:14 am

A new rifle goes on sale on Wednesday, and it's not like any other. It uses lasers and computers to make shooters very accurate. A startup gun company in Texas developed the rifle, which is so effective that some in the shooting community say it should not be sold to the public.

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The Record
4:47 pm
Wed May 15, 2013

Google Launches A Streaming Music Service

Chris Yerga, engineering director for Android at Google Inc., speaks at the company's I/O Annual Developers Conference in San Francisco on Wednesday.
David Paul Morris Bloomberg via Getty Images

Originally published on Thu May 16, 2013 6:19 pm

The competition for your ears — and dollars — just got a little tougher. On Wednesday, Google launched a paid music subscription service that will put it in direct competition with other streaming services like Spotify and Pandora. The announcement may just be the beginning for Google.

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The Salt
3:30 pm
Wed May 15, 2013

Can Star Power Make New Orleans' Food Deserts Bloom?

Wendell Pierce, the actor and co-owner of Sterling Farms grocery store, chats with Dwight Henry, who will be making doughnuts and buttermilk drops in the store.
David Grunfeld The Times-Picayune /Landov

Originally published on Thu May 16, 2013 9:59 pm

Plenty of celebrities leverage their star power to raise awareness of complicated food issues. Some of the biggest names include Michelle Obama, Jamie Oliver, Prince Charles and Paul McCartney.

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The Two-Way
2:49 pm
Wed May 15, 2013

Walmart Has Its Own Plan To Help Bangladesh Garment Workers

A Wal-Mart store in Paramount, Calif. The company announced it would conduct its own inspections at Bangladeshi factories that produce its goods rather than joining an agreement with other Western retailers.
Frederic J. Brown AFP/Getty Images

Originally published on Wed May 15, 2013 3:30 pm

Wal-Mart says it has drafted its own plan for improving safety at garment factories in Bangladesh rather than join other Western retailers in a legally binding agreement to pay for improved conditions for workers in the South Asian country.

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The Two-Way
9:55 am
Wed May 15, 2013

Cup Of Joe With Apple CEO Goes For $610,000

An anonymous bidder has offered $610,000 to have coffee with Apple CEO Tim Cook, in a charity auction that closed Tuesday afternoon.
Mark Lennihan AP

It turns out that the desire to speak with Apple CEO Tim Cook, along with $610,000, will buy you a cup of coffee. That's the winning bid offered in a charity auction for up to an hour of Cook's time.

As we reported last month, the chance to grab coffee with Cook at Apple's headquarters zoomed past the suggested value of $50,000 set at the Charitybuzz auction site, rising to more than $600,000 in just three days.

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The Two-Way
7:21 am
Wed May 15, 2013

Book News: Justice Department Says Apple Led Price-Fixing Ring

Former Apple CEO Steve Jobs at the 2011 Apple World Wide Developers Conference in San Francisco. He died later that year.
Justin Sullivan Getty Images

Originally published on Wed May 15, 2013 8:54 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

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Business
6:04 am
Wed May 15, 2013

Budget Deficit Outlook Improves Since February

Copies of President Obama's budget plan for fiscal 2014 are prepared for delivery at the U.S. Government Printing Office in Washington in April. The Congressional Budget Office has sharply cut the outlook for the federal deficit.
J. Scott Applewhite AP

Originally published on Wed May 15, 2013 11:22 am

As the economy improves, the federal budget deficit is growing dramatically smaller. The Congressional Budget Office has sharply revised its estimates from just a few months ago, knocking off $200 billion in red ink for the current fiscal year. Some temporary factors are being cited for the projected improvement.

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