NPR Business

Business
5:15 am
Fri January 25, 2013

Cause Of Boeing's 787 Problems Remains A Mystery

This Boeing 787 battery case was damaged in a fire in Boston earlier this month. The state-of-the-art aircraft is still grounded, as the investigation of the fire's cause continues.
Saul Loeb AFP/Getty Images

Originally published on Fri January 25, 2013 2:37 pm

Federal safety investigators remain perplexed by what caused a battery on a Boeing 787 to burst into flames earlier this month in Boston. All of the 787s are grounded worldwide after problems with the new airliner also surfaced in Japan.

At a briefing Thursday, the head of the National Transportation Safety Board said it could be a long time before the plane dubbed the Dreamliner is cleared to fly.

Read more
NPR Story
4:50 am
Fri January 25, 2013

The Last Word In Business

Originally published on Fri January 25, 2013 9:14 am

Transcript

STEVE INSKEEP, HOST:

In today's last word in business is: censored, not stirred.

(SOUNDBITE OF MOVIE, "SKYFALL")

DANIEL CRAIG: (as James Bond) Bond, James Bond.

RENEE MONTAGNE, HOST:

The new Bond film "Skyfall" is now playing in the world's second-largest movie market - that would be China - and some 007 fans are furious about the nips and tucks Chinese censors have made to the movie.

Read more
Business
4:50 am
Fri January 25, 2013

Dodgers Channel Close To Being A Reality

Originally published on Fri January 25, 2013 9:14 am

Transcript

STEVE INSKEEP, HOST:

In recent years, regional cable TV sports networks have been a financial windfall for pro sports and college teams. And now it seems to be the turn of the Los Angeles Dodgers to make a record haul here.

There are reports the Dodgers and Time Warner Cable are close to announcing a deal for a Dodgers channel that would pay the team around $7 billion over at least 20 years.

But NPR's Tom Goldman reports it may be one windfall too many in a crowded Los Angeles market.

Read more
Planet Money
2:48 am
Fri January 25, 2013

At $17.5 Million A Year, LeBron James Is Underpaid

A bargain at $17.5 million a year.
Ronald Martinez Getty Images

Originally published on Fri January 25, 2013 12:29 pm

LeBron James is arguably the best player in the NBA. His salary is $17.5 million a year. He's worth much, much more.

"He's getting hosed," says Kevin Grier, an economist from the University of Oklahoma.

James used to play for the Cleveland Cavaliers. When he left, the value of the team fell by tens of millions of dollars — and the value of his new team, the Miami Heat, rose by tens of millions. The economists I talked to said James should be making closer to $40 million a year.

Read more
Movies
2:46 am
Fri January 25, 2013

For Would-Be Sundancers, Kickstarter Can Fuel Films

A scene from 99% — The Occupy Wall Street Collaborative Film, a Sundance documentary that raised more than $23,000 on Kickstarter.
Ari Ress Sundance Film Festival

Originally published on Fri January 25, 2013 9:14 am

If you want to make a movie, you generally need a lot of money. And filmmakers have to be creative about raising it.

Just ask the filmmakers at the Sundance Film Festival, taking place this week in Park City, Utah. Some 10 percent of the films selected for this year's iteration of the prestigious festival raised money through the crowd-funding website Kickstarter.

In the three years since the website launched, Kickstarter-funded films have been nominated for Oscars, picked up by Showtime and HBO, and honored with awards at Sundance, South By Southwest and Cannes.

Read more
Business
5:14 pm
Thu January 24, 2013

Still No Answers In 787 Battery Malfunctions

Originally published on Fri January 25, 2013 10:22 am

Transcript

ROBERT SIEGEL, HOST:

Boeing's flagship jetliner, the 787, has been stuck on the ground lately. The FAA and safety authorities around the world grounded the fleet after battery problems. And today we have an update on the investigation of the battery fire onboard a Japan Airlines 787 this month in Boston.

NPR's Wendy Kaufman has been following this story and joins us now for an update. And, Wendy, what did the National Transportation Safety Board have to say today?

Read more
All Tech Considered
4:41 pm
Thu January 24, 2013

Swinging From 140 Characters To Six-Second Videos, Twitter Launches Vine

Twitter announced its partnership with Vine, a video-sharing app that posts six-second videos onto a tweet, on Thursday, Jan. 24.
Marie McGrory NPR

Originally published on Fri January 25, 2013 11:02 am

If you thought 140 characters of text was too short, try grabbing your Twitter followers' attention with six-second videos. Six seconds.

Twitter on Thursday launched the video app Vine, which allows users to shoot brief videos and directly tweet them. The social media company acquired the video-sharing startup last fall, according to All Things D.

Read more
The Two-Way
2:40 pm
Thu January 24, 2013

Can An Ex-Prosecutor Make The SEC Tougher On Wall Street?

Mary Jo White, then U.S. Attorney for the Southern District of New York, speaks during a May 2001 press conference following guilty verdicts in the trial of four followers of Osama bin Laden that bombed two U.S. embassies in East Africa in 1998. President Obama intends to nominate White to head the Securities and Exchange Commission.
Doug Kanter AFP/Getty Images

Originally published on Fri January 25, 2013 8:38 am

President Obama's choice to head the Securities and Exchange Commission has prosecuted terrorists and mobsters. If she's confirmed, Mary Jo White's next challenge will be tackling reckless behavior on Wall Street.

Read more
The Two-Way
9:15 am
Thu January 24, 2013

Obama Chooses Former U.S. Attorney Mary Jo White To Head SEC

Mary Jo White, who President Obama wants to lead the Securities and Exchange Commission.
Brendan McDermid Reuters /Landov

Originally published on Thu January 24, 2013 10:43 am

Mary Jo White, a former U.S. attorney in New York who prosecuted terrorists responsible for the bombings of the World Trade Center and U.S. embassies in Africa, will be nominated by President Obama to head the Securities and Exchange Commission.

Read more
The Two-Way
8:45 am
Thu January 24, 2013

Jobless Claims Hold At Five-Year Low

The number of first-time claims for unemployment insurance dipped by 5,000 last week from the week before, to 330,000, the Employment and Training Administration reports.

That means claims remain at a low level not seen since January 2008.

Another measure, the "4-week moving average" that is supposed to give a broader look at the trend, declined by 8,250 — to 351,750.

Read more

Pages