NPR Business

Politics
4:48 am
Wed December 5, 2012

Taxes Are A Stumbling Block To Fiscal Cliff Talks

Originally published on Wed December 5, 2012 9:09 am

Transcript

DAVID GREENE, HOST:

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

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

Americans are not optimistic that leaders here in Washington will strike a budget deal in time to avoid automatic tax increases and spending cuts. A new poll by the Pew Research Center found nearly half the country expects the budget stalemate to drag on.

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Business
4:48 am
Wed December 5, 2012

Business News

Originally published on Wed December 5, 2012 9:09 am

Transcript

DAVID GREENE, HOST:

We begin NPR's business news today with a Facebook status update.

Facebook will join the Nasdaq 100 Index next week. It's replacing Indian tech company Infosys. It used to be that companies had to be listed on the Nasdaq for two years before they could become part of this elite index. Facebook only had to wait three months, thanks to some rule changes Nasdaq made back when the social network decided to go public. Transcript provided by NPR, Copyright National Public Radio.

NPR Story
4:48 am
Wed December 5, 2012

Cooper Union Students Protest Threat To Free Tuition

Originally published on Wed December 5, 2012 9:09 am

Transcript

RENEE MONTAGNE, HOST:

And a student occupation is entering its third day in New York City. It's happening at Cooper Union. The school of art, architecture and engineering is famous for not charging undergraduates tuition.

As NPR's Joel Rose reports, student protesters are unhappy about what they see as threats to that tradition.

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The Salt
2:36 am
Wed December 5, 2012

Milk Producers Peer Over The Dairy Cliff

Dairy farmer Bob Andrews feeds heifers in the same barn his grandfather used. He says today "the harder you work, the further you get behind."
David Sommerstein NCPR

Originally published on Wed December 5, 2012 9:09 am

There's more than one cliff drawing controversy this month. The federal farm bill is one of many items caught in congressional gridlock. The bill resets U.S. agriculture policy every four years, and most farmers are still covered by crop insurance and other programs until next planting season. But there's one exception: dairy.

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Education
2:35 am
Wed December 5, 2012

When The Art Of The Deal Includes Improv Training

iStockphoto.com

Originally published on Wed December 5, 2012 9:09 am

Some top-tier business schools are offering more than just finance and marketing these days: Duke, UCLA, MIT and Stanford are all teaching improv. Professors say these techniques help students increase collaboration, creativity and risk taking.

In an improvisational leadership class at MIT's Sloan School of Management, instructor Daena Giardella coaches a scene where a hospital administrator is firing surgeons after a horribly botched operation.

Giardella, who does professional improv, boils it down to a rule known as "yes, and."

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Around the Nation
2:23 am
Wed December 5, 2012

Pot's Legal In Washington State, But Don't Drive High

Chris Guthrie, vice president for operations at Canna Pi medical dispensary, inspects a medical marijuana product at his clinic in Seattle on Monday. Marijuana will be legal in Washington state from 12:01 a.m. Thursday.
Anthony Bolante Reuters /Landov

Originally published on Tue March 5, 2013 12:10 pm

Marijuana is legal in Washington state as of 12:01 a.m. Thursday, but the ballot initiative that made it legal last month contained a new DUI standard — a deal-sweetener for hesitant voters — that may actually make life riskier for regular pot users.

The new law makes it legal for adults to possess up to 1 ounce of marijuana, but illegal for that same adult to drive if the THC content of his blood reaches 5 nanograms per milliliter.

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Your Money
2:22 am
Wed December 5, 2012

More Large Retailers Ease Customers' Path To Credit

Home Depot has long offered credit cards, partly to serve customers who have just suffered major house damage. The company has recently widened those efforts. Here, a Tampa, Fla., customer buys a generator and bottled water, preparing for Tropical Storm Isaac's arrival in August.
Joe Raedle Getty Images

Originally published on Wed December 5, 2012 9:09 am

Retailers are finding more ways to offer their customers financial products — mortgages, loans and the like. In the past, people looked to banks for this kind of product. But big-box stores are trying to find new ways of getting money to those who cannot use banks, or want to avoid them altogether.

Costco may be best known for pallets of bottled water or bulk toilet paper that can last a family an entire year. But earlier this year, it also added mortgages to its growing array of financial offerings.

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Business
5:28 pm
Tue December 4, 2012

Pilots At Bankrupt American Airlines Push For Merger

Originally published on Tue December 4, 2012 6:50 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish. American Airlines has been in bankruptcy for more than a year and looks like it will be there a while longer. The airline has asked a judge in New York for yet another extension to file its restructuring plan. Executives are hoping American can remain a standalone carrier. The company's unions, on the other hand, say they've had it and they want the company to merge with U.S. Airways.

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Business
5:28 pm
Tue December 4, 2012

Menards Can't Hire Enough Hands In Booming N.D.

Originally published on Tue December 4, 2012 6:50 pm

Transcript

MELISSA BLOCK, HOST:

North Dakota has the lowest unemployment rate in the country, fueled by a booming oil economy. In fact, it's been so hard to find workers in Minot, North Dakota, in the north central part of the state, that one big box store is flying them in from Wisconsin. Dan Feldner of the Minot Daily News joins me to talk about it. And Dan, we're talking about the home improvement retailer Menards. The headquarters is in Au Claire, Wisconsin.

How many workers are they going to be flying in?

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NPR Story
5:20 pm
Tue December 4, 2012

AAA Says New Ethanol-Gas Blend Could Hurt Cars

Justin Sullivan Getty Images

Originally published on Tue December 4, 2012 6:50 pm

AAA has warned against potential damage that a new blend of gasoline could do to some engines. And the warning has started a fight over renewable fuels and the future of what we put in our gas tanks.

The fuel is called E15 — named for the percentage of ethanol in the blend. Most of the gas that's sold in the U.S. has about 10 percent ethanol in it.

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