NPR Business

The Two-Way
11:47 am
Mon April 1, 2013

Patent Ruling In India Could Boost Exports Of Cheap Medicine To Third World

A Novartis office in Mumbai, India.
Divyakant Solanki EPA /LANDOV

Originally published on Mon April 1, 2013 5:17 pm

A decision by India's Supreme Court to reject Novartis AG's bid to patent a version of one cancer drug could lead to more exports of cheap medicine from that country to "poor people across the developing world," the BBC writes.

NPR's Julie McCarthy tells our Newscast Desk that the ruling, announced Monday, ends a six-year legal battle that has been closely watched by pharmaceutical firms, humanitarian aid organizations and generic drug manufacturers.

She adds that:

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Business
10:13 am
Mon April 1, 2013

EPA's Push For More Ethanol Could Be Too Little, Too Late

A decal advertising E85 ethanol is displayed on a pump at a gas station in Johnston, Iowa.
Justin Sullivan Getty Images

Originally published on Fri April 5, 2013 8:50 am

The U.S. Environmental Protection Agency could soon issue a final ruling that aims to force oil companies to replace E10, gasoline mixed with 10 percent ethanol, with E15.

This move could come just as widespread support for ethanol, which is made from corn, appears to be eroding.

Mike Mitchell was once a true believer in ethanol as a homegrown solution to foreign oil imports. He owns gas stations, and he went further than most, installing expensive blender pumps that let customers choose E15, E20 and all the way up to E85.

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Arts & Life
3:19 am
Mon April 1, 2013

'A Lovely Feeling': Celebrating Older Women With Fabulous Style

Ilona Royce Smithkin, 93, cut her red hair to make her eyelashes.
Courtesy of Ari Seth Cohen

Originally published on Fri April 5, 2013 8:50 am

The fashion industry is sometimes criticized for unrealistic portrayals of young women. But if you're a woman older than 60, there are almost no portrayals, realistic or otherwise. Fashion may be something you have to invent more than follow. A blog called Advanced Style focuses on women who've done just that.

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The Two-Way
7:34 am
Sun March 31, 2013

Cause Of Exxon Oil Spill In Arkansas Under Investigation

Originally published on Sun March 31, 2013 3:18 pm

Authorities are investigating what caused an Exxon Mobil pipeline to rupture in Mayflower, Ark., Friday. The oil spill caused 22 homes to be evacuated, according to an Exxon statement.

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Business
4:58 pm
Sat March 30, 2013

How Samsung Became An Industry Giant

Originally published on Sat March 30, 2013 6:25 pm

Transcript

LAURA SULLIVAN, HOST:

If you're just joining us, you're listening to WEEKENDS on ALL THINGS CONSIDERED from NPR News. I'm Laura Sullivan.

Quick trivia question: Name a global superpower technology company, that is the world's biggest seller of smartphones headed by a charismatic CEO surrounded by a cult of personality. I'm guessing most of you just said Apple, right? You would be wrong. The answer is Samsung.

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Books News & Features
4:46 pm
Fri March 29, 2013

Amazon Could Expand Recommendation Services With Goodreads Purchase

Originally published on Fri March 29, 2013 7:55 pm

Transcript

AUDIE CORNISH, HOST:

Online retailer Amazon has acquired Goodreads. It's a popular site where people who love to read exchange reviews and recommendations about books. As NPR's Lynn Neary reports, Amazon now has a powerful new tool for enhancing its customers' ability to find out about books they might want to buy.

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The Two-Way
4:32 pm
Fri March 29, 2013

UPS Agrees To Forfeit $40 Million In Payments From Illegal Online Pharmacies

A UPS truck drives along Grant Street on in San Francisco, California.
Justin Sullivan Getty Images

United Parcel Post has agreed to forfeit $40 million it made in payments from pharmacies that shipped controlled substances to Americans without valid prescriptions.

Reuters reports:

"The company also agreed to put a compliance program into place to prevent illegal online pharmacies from distributing drugs through its shipping services in the future, authorities said.

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Economy
4:32 pm
Fri March 29, 2013

As Housing Industry Builds Up, Other Sectors Follow

Home Depot is hiring 80,000 employees for its spring season. As the housing market picks up, other industry sectors — like gardening, construction and furniture — move upward, too.
Jewel Samad AFP/Getty Images

Originally published on Fri March 29, 2013 11:31 pm

When fortunes rise in the housing industry — as they currently are — it tends to lift sales for other businesses, too. Home construction, sales and prices are all improving. And according to many analysts, the market is gaining steam.

For nearly two decades, Scott Gillis has owned his own moving company, Great Scott Moving in Hyattsville, Md. Moving high season is just around the corner, which means Gillis is hiring.

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Media
10:50 am
Fri March 29, 2013

NPR To Drop Call-In Show 'Talk Of The Nation'

Originally published on Fri March 29, 2013 11:14 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning, I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne. This morning we have news about our own network, word that TALK OF THE NATION, the daily call-in show broadcast by NPR for the last 21 years, will go off the air this summer. TALK OF THE NATION will be replaced by an expanded version of the news magazine HERE AND NOW. That's currently produced by member station WBUR in Boston, which will continue to produce it in partnership with NPR.

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The Two-Way
8:53 am
Fri March 29, 2013

Consumer Spending Rose 0.7 Percent In February; Higher Gas Prices A Factor

Retailers are doing all they can to attract consumers, who drive the economy. (File photo from 2012 of a store window in Santa Monica, Calif.)
Kevork Djansezian Getty Images

Originally published on Fri March 29, 2013 10:30 am

There was a slightly larger-than-expected increase of 0.7 percent in consumer spending from January to February, the Bureau of Economic Analysis says.

Higher gasoline prices, though, were much of the reason for the rise. According to the bureau, if spending is adjusted for inflation the increase was a more modest 0.3 percent — the same as in January. And higher energy costs were behind most of the inflationary pressures last month.

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