NPR Business

Economy
5:16 am
Mon March 4, 2013

Sequestration Cuts Will Build Slowly

Originally published on Mon March 4, 2013 1:02 pm

Transcript

STEVE INSKEEP, HOST:

President Obama ordered across-the-board federal spending cuts on Friday night. The $85 billion in cuts are spread across much of the government. The president and many Republicans have called the cuts unwise. But Congress passed them and the president signed them in 2011, and in recent days, they did not agree on a plan to revise or replace them.

We turn to David Wessel to find out what happens now. He is economics editor of The Wall Street Journal. David, welcome back.

DAVID WESSEL: Good morning.

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Around the Nation
5:01 am
Mon March 4, 2013

Hard-Hit Boise Subdivision Lacks Owner-Occupied Homes

Originally published on Mon March 4, 2013 1:02 pm

Transcript

STEVE INSKEEP, HOST:

The housing market is recovering in much of the country, not so much in Idaho. Home prices dropped by 46 percent in the Boise area during the financial crises. Forty-six percent. Today's business bottom line takes us to the home of a family that rode out the crash and are still waiting for better times. Here's Molly Messick of Boise State Public Radio.

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Business
5:01 am
Mon March 4, 2013

Winery To Experiment With 'Drunken Treasure'

Originally published on Mon March 4, 2013 1:02 pm

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: drunken treasure.

Some wine connoisseurs say that wine recovered from shipwrecks has a unique taste. Could be sheer age but it might be something else about the aging process at the bottom of the ocean.

JIM DYKE: The ocean providing a sort of constant motion to the wine as it sits on the bottom, pressure is different, lack of light, temperature.

RENEE MONTAGNE, HOST:

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Business
5:01 am
Mon March 4, 2013

Business News

Originally published on Mon March 4, 2013 1:02 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with ExxonMobil's defense.

Around the Nation
5:01 am
Mon March 4, 2013

Will Emergency Manager Help Or Hurt Detroit?

Originally published on Mon March 4, 2013 1:02 pm

Transcript

STEVE INSKEEP, HOST:

Residents of Detroit are absorbing the message sent by Michigan's governor. Rick Snyder swept aside the city's elected officials. He's using his power to appoint an emergency manager to take over city finances. Residents are deeply divided about this move, as we hear from Michigan Radio's Sarah Cwiek.

UNIDENTIFIED WOMAN: Nobody had a comment in regards to the lighting problem?

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All Tech Considered
3:22 am
Mon March 4, 2013

'Consumer Reports' Offers Tips For Doing Taxes Online

While many people look to tax preparation services for help, Tobie Stanger, editor at Consumer Reports, says online tools are often cost-effective.
iStockphoto.com

Originally published on Mon March 4, 2013 1:02 pm

Tax day is looming and taxpayers are scrambling to gather receipts, W-2 forms and other documents. For many, gone are the days of paper ledger books and calculators, now that there's software to figure out how much they owe.

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Business
8:11 am
Sat March 2, 2013

How The Sequester Will (Or Won't) Affect Wall Street

Originally published on Sat March 2, 2013 11:04 am

Wall Street hardly seemed rattled by the $85 billion across-the-board spending cuts that went into effect Friday. As just one indicator, the Dow closed the week within 100 points of hitting an all-time high. For more, host Scott Simon talks with New York Times columnist Joe Nocera.

U.S.
6:05 am
Sat March 2, 2013

Florida Atlantic Donation Sparks Outrage, But University Doesn't Budge

Originally published on Sat March 2, 2013 11:04 am

Florida Atlantic University says it's standing by its deal to sell naming rights to its new football stadium to a controversial private prison company. The Boca Raton-based GEO Group faces allegations of abuse and neglect at some of its facilities, and there's a growing call on campus for the school to sever its ties.

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The Two-Way
2:03 pm
Fri March 1, 2013

FCC To Examine Federal Ban On Unlocking Cellphones

Originally published on Fri March 1, 2013 6:54 pm

Federal Communications Commission Chairman Julius Genachowski says his agency will investigate whether a federal ban on unlocking cellphones is "harmful to economic competitiveness."

Genachowski made the comments during a event hosted by the technology site TechCrunch.

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Science
5:16 am
Fri March 1, 2013

Energy Start-Up Banks On Compressed Air Over Batteries

Originally published on Mon March 4, 2013 9:34 am

Transcript

STEVE INSKEEP, HOST:

Many states want to increase the amount of electricity that comes from wind and solar energy. One challenge is that renewables are not reliable. The wind doesn't always blow, the sun doesn't always shine. So companies are now trying to develop better ways to store energy.

New Hampshire Public Radio's Sam Evans-Brown reports on a company that is working on a storage system that uses compressed air.

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