NPR Business

Business
5:22 pm
Tue January 22, 2013

Algeria Attack Raises Security Alarms For Energy Firms

This undated image shows the Amenas natural gas field in Algeria, where Islamist militants raided and took hostages last week. Dozens of hostages and their captors were killed when Algerian forces subsequently raided the facility.
BP AP

Originally published on Tue January 22, 2013 8:48 pm

The prime minister of Algeria is defending his government's response to last week's attack on a natural gas plant that left 37 hostages dead. He says the Islamic militants who were behind the attack planned to blow up the facility and would have killed a lot more people if they hadn't been stopped.

The attack happened at a huge, internationally operated facility in the Sahara. And it underscores the dangers that energy companies face when they do business in politically unstable places.

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The Two-Way
10:19 am
Tue January 22, 2013

Sales Of Existing Homes Hit Five-Year High In 2012

A "sale pending" sign outside a home in San Francisco last August.
Justin Sullivan Getty Images

Though they dipped 1 percent in December from the month before, 2012 was the best year since 2007 for sales of existing homes, the National Association of Realtors reports.

It estimates that 4.65 million previously owned homes were sold last year, up 9.2 percent from 2011 and the most since 2007's 5.03 million.

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Business
9:12 am
Tue January 22, 2013

Global Jobless Rate Could Hit Record High

Originally published on Tue January 22, 2013 10:06 am

Transcript

STEVE INSKEEP, HOST:

NPR business news starts with global unemployment figures.

(SOUNDBITE OF MUSIC)

INSKEEP: We usually focus on American unemployment, which has been going down. But world unemployment may hit record levels this year, according to an annual report by the International Labor Organization, which is forecasting that up to 202 million people who won't work will be out of work around this world this year.

DAVID GREENE, HOST:

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Business
4:50 am
Tue January 22, 2013

The Last Word In Business

Originally published on Tue January 22, 2013 10:06 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: Who do you trust with your money?

(SOUNDBITE OF SONG, "MONEY")

PINK FLOYD: (Singing) Money, get away. Get a good job with more pay and your OK.

INSKEEP: Any excuse to play Pink Floyd. A new ranking suggests which industries consumers trust. And for the third year in a row, the industry consumers trust the least is the industry that you pretty much have to trust with your money.

DAVID GREENE, HOST:

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All Tech Considered
3:41 am
Tue January 22, 2013

This Defense Contractor Has A Green Side

AeroVironment's Raven drone is used for military surveillance and can be launched by hand.
Courtesy of AeroVironment Inc.

Originally published on Tue January 22, 2013 10:06 am

Lots of companies make products that don't have much in common, but AeroVironment specializes in two products that are very different — electric vehicle chargers, which keep cars like the Nissan Leaf on the road, and military drones. The Los Angeles-area firm is a leading manufacturer of small unmanned aircraft.

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Around the Nation
3:30 pm
Mon January 21, 2013

Gun Background Checks Need Fixes, Experts Say

Experts say universal background checks need to be updated and changed to actually work.
Pat Sullivan AP

Originally published on Mon January 21, 2013 5:13 pm

One of President Obama's gun control proposals appears to have widespread support — universal background checks for gun purchases. Some experts on mental health and gun violence find problems with the current laws, and they say the system doesn't do a very good job of predicting and preventing gun crime.

When you enter Kerley's Hunting and Outfitting in Cupertino, Calif., you're greeted by a taxidermy lion roaring and leaping. There are rows of rifles on the walls, but the owner, Harry Dwyer III, doesn't appear to be as fierce as his mascot.

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Business
3:41 am
Mon January 21, 2013

Obama 'Suits Up' For Inauguration Day

Originally published on Mon January 21, 2013 10:01 am

Transcript

STEVE INSKEEP, HOST:

OK, the first lady always generates attention for her fashion choices. As we mentioned elsewhere in our broadcast, she made news last week by getting bangs. People do not necessarily pay as much attention to that guy that the first lady may bring around to various events, but presidential fashions can make history. Think of Ronald Reagan's brown suits or Jimmy Carter's cardigans. NPR's Rachel Ward takes a look at this president's sartorial statements.

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Business
3:41 am
Mon January 21, 2013

More Year-End Earning Statements Out This Week

Originally published on Mon January 21, 2013 10:01 am

Transcript

RENEE MONTAGNE, HOST:

And we're in the midst of year-end earnings announcements. This week, companies including Apple, Lockheed-Martin, Microsoft and Starbucks will announce their final 2012 results. NPR's Yuki Noguchi has a preview of the corporate earnings season.

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Business
3:41 am
Mon January 21, 2013

Business News

Originally published on Mon January 21, 2013 10:01 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a mega-return.

(SOUNDBITE OF MUSIC)

INSKEEP: OK, last year, the United States government shut down the file-sharing website Megaupload over charges of copyright infringement. That was a popular place for users to share pirated films and music. Over the weekend, the founder of Megaupload, the New Zealand tycoon Kim Dotcom, launched a successor to the site. It's called simply Mega.

Business
3:41 am
Mon January 21, 2013

The Last Word In Business

Originally published on Mon January 21, 2013 10:01 am

With huge crowds expected in Washington, D.C., dozens of pedicab drivers have come to town to take advantage of the president's swearing in. Mike Kowalczyk of Newport, Rhode Island, told WTOP he's a little worried about directions. He said he got lost his first night in the nation's capital.

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