NPR Business

Business
4:57 pm
Thu November 29, 2012

Lower Water Levels Dry Up Business On Great Lakes

Originally published on Thu November 29, 2012 5:37 pm

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MELISSA BLOCK, HOST:

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The Salt
4:10 pm
Thu November 29, 2012

Tastier Winter Tomatoes, Thanks To A Boom In Greenhouse Growing

The taste of Mock's tomatoes starts with the seed. He uses only organic varieties, including cherry and several heirloom varieties.
Allison Aubrey NPR

Originally published on Wed December 5, 2012 8:36 am

It may sound like an oxymoron: a delicious local, winter tomato — especially if you happen to live in a cold climate.

But increasingly, farmers from West Virginia to Maine and through the Midwest are going indoors to produce tomatoes and other veggies in demand during the winter months. "There's a huge increase in greenhouse operations," Harry Klee of the University of Florida tells us.

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The Salt
12:33 pm
Thu November 29, 2012

Quinoa Craze Inspires North America To Start Growing Its Own

The seeds of this goosefoot plant are known as quinoa, a superfood now in high demand and grown almost exclusively in South America. But some growers think they have the formula to grow it up north.
Janet Matanguihan courtesy Kevin Murphy

The explosion in world popularity of quinoa in the past six years has quadrupled prices at retail outlets. But for all the demand from upscale grocery stores in America to keep their bulk bins filled with the ancient grain-like seed, almost no farmers outside of the arid mountains and coastal valleys of Peru, Bolivia, Ecuador, and Chile grow it.

But plant breeders and scientists who study the biology and economics of quinoa say that is about to change.

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Politics
11:54 am
Thu November 29, 2012

Will Payroll Tax Cut Survive Fiscal Talks?

The Bush-era tax cuts are taking center stage on discussions about deficit reduction. But the payroll tax holiday is also at risk, which could cost the typical family $1,000 a year. Host Michel Martin talks with The Wall Street Journal's Sudeep Reddy about the fiscal cliff and how the outcome could affect consumers.

It's All Politics
10:04 am
Thu November 29, 2012

Why Dividends, Capital Gains Are Big Part Of Fiscal Cliff Talks

Originally published on Thu November 29, 2012 1:58 pm

As the White House and Congress debate how to steer clear of the fiscal cliff, one obstacle is the president's insistence that the wealthy should pay more in taxes. And one way that could happen is through changing the rules for dividends and capital gains.

If you own a share of stock in a company today, when the company pays out a dividend, the most you're taxed is 15 percent. And if you decide to sell the stock and cash out, you'd also pay 15 percent on your profits — the capital gains.

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Media
9:18 am
Thu November 29, 2012

Report Proposes Tougher Oversight For British Press

Transcript

DAVID GREENE, HOST:

In Britain, Brian Leveson, the judge who has spent eight months probing tabloid news excesses, has just issued his suggestions for reigning in Britain's sometime-rambunctious press. Prime Minister David Cameron ordered the wide-ranging inquiry in the wake of revelations of illegal phone-hacking at the Murdoch-owned News of the World and other newspapers. The victims included actors Hugh Grant and Sienna Miller, as well as the parents of a murdered teenager and other crime victims.

Journalist Vicki Barker joins us from London.

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The Salt
8:59 am
Thu November 29, 2012

Key To E. Coli-Free Spinach May Be An Ultrasonic Spa Treatment

Spinach has lots of opportunities to pick up E. coli and other bugs during harvest and growing. Here, a Mexican migrant worker cuts organic spinach during the fall harvest at Grant Family Farms in Wellington, Co.
John Moore Getty Images

Salad producers haven't succeeded in banishing E. coli and other dangerous microbes from fresh greens, though they've tried hard. As we've reported before, it's a major challenge to both growers and the environment. But one scientist thinks he's making progress – with a spinach spa that zaps bad bugs with ultrasound.

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The Two-Way
8:48 am
Thu November 29, 2012

Third-Quarter Economic Growth Revised Upward

Better than expected: Economic growth was higher in the third quarter than first thought. Here, a worker at a Ford plant in Michigan plugs a batter into a Ford C-MAX plug-in hybrid vehicle.
Bill Pugliano Getty Images

The U.S. economy grew at a 2.7 percent annual rate in the third quarter, the Bureau of Economic Analysis says. That's a sharp upward revision in its estimate of gross domestic product growth from mid-summer into the fall. In its first look at the quarter's GDP, the agency estimated growth at a 2 percent annual rate.

According to BEA, consumer spending, inventory investment, exports and federal spending all contributed to growth from July 1 through Sept. 30.

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Business
7:33 am
Thu November 29, 2012

Companies Rush Dividends To Beat Possible Tax Hike

Originally published on Thu November 29, 2012 9:18 am

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DAVID GREENE, HOST:

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Business
7:33 am
Thu November 29, 2012

GM Plans $1 Billion Auto Factory In China

Originally published on Thu November 29, 2012 9:18 am

Transcript

RENEE MONTAGNE, HOST:

NPR business news starts with GM investing in China.

General Motors says it's building a $1 billion factory with its joint venture partners in China. It's set to open in 2015 and will be the third GM plant in what is now the world's biggest auto market. The company hopes the plant will eventually produce up to two million vehicles a year. Auto sales in China are expected to hit 20 million this year - about five million more than in the U.S. Transcript provided by NPR, Copyright National Public Radio.

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