NPR Business

The Two-Way
8:57 am
Fri April 26, 2013

Economy Picked Up In First Quarter: Grew At 2.5 Percent Pace

Shoppers came out in the first quarter, pushing up economic growth.
Robyn Beck AFP/Getty Images

Originally published on Sat April 27, 2013 1:20 pm

The U.S. economy grew at a 2.5 percent annual rate in the first quarter of 2013, the Bureau of Economic Analysis estimated Friday morning.

That's modest growth, and was below the 3.2 percent pace economists had expected to hear about. But growth was up substantially from fourth-quarter 2012, when the economy expanded at a scant 0.4 percent annual rate.

Read more
Europe
5:32 am
Fri April 26, 2013

Spain To Unveil Economic Overhaul Plan

Originally published on Fri April 26, 2013 6:59 pm

Transcript

RENEE MONTAGNE, HOST:

Spain has lived through years of punishing budget cuts and austerity. This morning, its government unveiled a new economic plan which eased budget targets but acknowledged that recovery was still a long way off. Thousands took to the streets in Madrid overnight, protesting the country's past measures and tax hikes that have left many without jobs.

Lauren Frayer reports from Madrid.

(SOUNDBITE OF PROTEST)

Read more
Politics
5:17 am
Fri April 26, 2013

Koch Brothers' Newspaper Takeover Could Spark 'Culture Clash'

The Tribune Co. is considering the sale of all of its daily newspapers, including the Chicago Tribune, The Baltimore Sun and the Los Angeles Times, whose building is pictured above.
David McNew Getty Images

Originally published on Fri April 26, 2013 6:59 pm

The Tribune Co., emerging from bankruptcy and looking to reshape itself, is now considering the sale of all its newspapers — including the Chicago Tribune, the Los Angeles Times, The Baltimore Sun and five other regional newspapers. It's still very early in the sale process; although the newspaper unit has been valued at $623 million, significant debts are also attached, and Tribune has signaled that it reserves the right not to sell if there isn't a worthy bid.

Read more
Business
5:17 am
Fri April 26, 2013

The Last Word In Business

Originally published on Fri April 26, 2013 6:59 pm

Transcript

RENEE MONTAGNE, HOST:

And on this Friday, our last word in business comes in the form of a toast - to the Boston Beer Company, the maker of brews including Samuel Adams.

Seventy employees were on the route of the Boston Marathon last week when the bombs exploded.

STEVE INSKEEP, HOST:

Read more
Business
5:17 am
Fri April 26, 2013

Business News

Originally published on Fri April 26, 2013 6:59 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with Samsung ringing up sales.

(SOUNDBITE OF MUSIC)

INSKEEP: Samsung said this morning its first quarter profit is at a record high - net profit surged 42 percent. The company has now seen six straight quarters of growth, thanks to strong smartphone sales. Tomorrow, it's launching a new smartphone in the United States - the Galaxy S4 - which is aimed at taking on Apple's iPhone. Transcript provided by NPR, Copyright NPR.

Politics
5:17 am
Fri April 26, 2013

FAA Expected To Gain Flexibility On Budget Cuts

Originally published on Fri April 26, 2013 6:59 pm

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION from NPR News. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Now that automatic spending cuts are causing wider pain, Congress has begun finding ways to adjust some of them.

MONTAGNE: Today the House is expected to take up a bill the Senate has already approved. It's called the Reducing Flight Delays Act of 2013, and it comes after a week of flight delays and outrage from members of Congress, linked to the furloughs the FAA air traffic controllers.

Read more
Space
3:03 am
Fri April 26, 2013

Can You Hear Me Now? Cellphone Satellites Phone Home

Three PhoneSats, like the one seen here during a high-altitude balloon test, were launched into space on Sunday. The slightly modified cellphone satellites cost a few thousand dollars in parts.
NASA Ames Research Center

Originally published on Fri April 26, 2013 6:59 pm

Smartphones can check e-mail, record videos and even stream NPR. Now NASA has discovered they make pretty decent satellites, too. Three smart phones launched into space this past Sunday are orbiting above us even now, transmitting data and images back to Earth. The PhoneSats, which cost just a few thousand dollars each, could usher in big changes for the satellite industry.

Read more
Planet Money
3:02 am
Fri April 26, 2013

The Lollipop War

Spangler Candy via Flickr

Originally published on Fri April 26, 2013 6:59 pm

I recently got a tour of the Spangler Candy Co., a family-owned firm in Bryan, Ohio. The company makes 10 million Dum Dums lollipops there every day, and it has a whole separate building where it stores the sugar — enough to fill eight Olympic-size swimming pools.

The CEO, Kirk Vashaw, says he wants to expand the factory and make even more candy there. There's just one thing he needs.

"Let us buy sugar on the free market," he says.

Read more
The Two-Way
3:01 pm
Thu April 25, 2013

Still In The Middle Class, But Standing On A Banana Peel

Most U.S. workers fit snugly into the middle class, but they worry a lot about falling out of it, according to a poll released Thursday.

After years of watching home prices slide and job creation stall, 6 in 10 Americans say they fear tumbling from the middle class in the next few years, the Allstate-National Journal Heartland Monitor Poll suggests.

Read more
The Two-Way
11:22 am
Thu April 25, 2013

Google Agrees To Change Display Of Search Results In Europe

Google makes a deal with the EU.
Adam Berry Getty Images

Originally published on Thu April 25, 2013 12:16 pm

Google has agreed to modify the way it displays search results in Europe as part of a deal to end a probe by the EU's antitrust body. But rivals Microsoft, Nokia and Oracle will first have to sign off on the changes, reports say.

As ZDNet writes:

Read more

Pages