NPR Business

Business
5:07 am
Fri January 4, 2013

2012 Was A Very Good Year For The Car Industry

Originally published on Fri January 4, 2013 8:46 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a roundup of auto sales.

(SOUNDBITE OF MUSIC)

INSKEEP: We mentioned the other day that auto sales numbers for 2012 were looking like they were going to be very good. Now we have the numbers. For the auto industry, sales increased by 13 percent in 2012 and the major carmakers were profitable.

NPR's Sonari Glinton tells us why.

SONARI GLINTON, BYLINE: 2012 brought with it the third straight year of double digit growth for the auto industry.

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Economy
5:00 am
Fri January 4, 2013

December's Jobless Rate Forecast To Remain Steady

Originally published on Fri January 4, 2013 1:19 pm

U.S. employers continued to add jobs at a modest but steady pace last month. Despite worries about the fiscal cliff, the unemployment rate stood at 7.8 percent. There were no big surprises in Friday's report from the Labor Department.

Energy
4:41 am
Fri January 4, 2013

Budget Deal Provides Tax Brakes For Green Energy

Ruben Fragoso checks out appliances at Best Buy in Miami in April 2010, when Florida residents were taking advantage of a federally funded discount for Energy Star-rated appliances. Legislation just passed by Congress as part of the fiscal-cliff deal includes tax breaks for energy-efficient appliances.
Joe Raedle Getty Images

Originally published on Fri January 4, 2013 12:27 pm

Whether you're a homeowner who bought an energy-saving refrigerator last year or a company hoping to build a wind farm, the tax package Congress just approved may give you a reason to cheer.

"It's got something in there, a Christmas gift if you will, for almost everyone — American homeowners, workers who commute via transit, and manufacturers of efficient equipment like clothes washers, dryers, refrigerators," says Kateri Callahan, president of the Alliance to Save Energy.

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Business
4:41 am
Fri January 4, 2013

The Last Word In Business

Originally published on Fri January 4, 2013 8:46 am

An entrepreneur in London is raising money online to open a coffee shop in the city that's feline friendly. Cat cafes are already popular in some Asian cities, where many landlords don't allow pets.

Energy
3:28 am
Fri January 4, 2013

Drilling For Facts Under The 'Promised Land' Fiction

Matt Damon's character in the movie Promised Land comes to town to convince a landowner to allow a gas company to drill on his property.
Scott Green Focus Features

Originally published on Fri January 4, 2013 11:41 am

There is plenty in the movie Promised Land that will prompt energy industry insiders to roll their eyes. But the overall issues explored in the film, which is being widely released in theaters Friday, are very real.

A process called hydraulic fracturing has led to drilling booms that are transforming rural communities into industrial zones. Hydraulic fracturing, or "fracking," makes it possible to tap into natural gas reservoirs deep underground. But first, gas companies have to convince landowners to allow them to drill.

The Natural Gas Pitch

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Superstorm Sandy: Before, During And Beyond
5:29 pm
Thu January 3, 2013

After Sandy, Can The Jersey Shore Come Home Again?

A woman walks past a cabana complex pulled off its foundations by Superstorm Sandy in Sea Bright, N.J., in November.
Seth Wenig AP

Originally published on Thu January 3, 2013 8:25 pm

Think about it and you'll start to realize how important the Jersey shore is to American culture. Sure there's the television show Jersey Shore, but there are more enduring signs. Consider the board game Monopoly; properties are named after Atlantic City locations. And during a television fundraiser for Superstorm Sandy victims in November, comedian Jimmy Fallon talked specifically about the Jersey Shore.

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U.S.
3:20 pm
Thu January 3, 2013

The Phantom Tax That Made The Deficit Look Better

The alternative minimum tax created a "useful fiction," as one analyst says, by appearing to shrink budget deficits.
Tim Boyle Getty Images

As Americans continue to sort out the contents of the fiscal cliff legislative package passed by Congress Tuesday, they are finding elements they like and some they hate.

There's one exception. Everyone is glad Congress finally found a permanent fix for the alternative minimum tax.

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The Two-Way
2:46 pm
Thu January 3, 2013

Transocean To Pay $1.4 Billion In Gulf Oil Spill Settlement

The Transocean Discoverer Enterprise drill ship collects oil from the site of the Deepwater Horizon oil well as workers try to stem the flow of the spill in the Gulf of Mexico, June 12, 2010.
Saul Loeb AFP/Getty Images

Originally published on Thu January 3, 2013 6:10 pm

Transocean, the owner of the Deepwater Horizon rig where 11 men died in April 2010, has agreed to pay $1.4 billion in criminal and civil penalties to resolve Justice Department allegations over its role in the Gulf of Mexico oil spill.

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The Salt
2:35 pm
Thu January 3, 2013

Hold That Mini-Burger: Restaurants Forecast Food For 2013

Sliders. We're over them, the National Restaurant Association says.
Bob Ingelhart iStockphoto.com

Originally published on Tue January 8, 2013 9:42 am

Still ordering gazpacho and sliders at your favorite restaurant? Not pre-screening restaurant menus before you make a reservation? Well, hop in the DeLorean and set the chronometer to 2013: You're really behind the times.

Technology is in and bacon-flavored chocolate is out, says a recent survey of 1,800 chefs across the nation.

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The Two-Way
1:47 pm
Thu January 3, 2013

FTC Closes Google Inquiry; Tech Giant Makes Changes And Avoids Antitrust Charges

Originally published on Thu January 3, 2013 2:25 pm

Google has agreed to change some of its business practices, in an agreement made with the Federal Trade Commission that will end the U.S. agency's antitrust probe of the search and technology company.

In the terms of the deal, Google agrees not to appropriate content such as users' reviews from other sites for use in its search and mobile offerings. The company also pledged to make it easier for advertisers to compare the value of running ad campaigns through Google compared to advertising on rivals Yahoo and Microsoft.

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