NPR Business

Asia
5:38 am
Sun September 23, 2012

McDonald's In India: Would You Like Paneer On That?

The McAloo Tikki will be available at the forthcoming vegetarian-only McDonald's restaurants in India.
AP

Originally published on Mon September 24, 2012 5:22 pm

When you walk into a McDonald's in India, it doesn't feel that much different from one in the U.S. That is, until you try to order.

When McDonald's first came to India 15 years ago, it ditched the Big Macs and Quarter Pounders to try to fit in in a country where cows are sacred and most people frown on eating beef. The chain tried re-creating its American classics with lamb, but it was a flop.

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Around the Nation
7:21 am
Sat September 22, 2012

U.S. Border Industry Grows As Immigration Slows

Originally published on Sat September 22, 2012 10:35 am

Transcript

SCOTT SIMON, HOST:

It's been more than a quarter century since the federal government enacted any immigration legislation which wasn't about enforcement and over that time, the government has spend hundreds of billions of dollars on fences, aircrafts, detention centers and agents. NPR's Ted Robbins looks at what taxpayer money has bought and why it's not likely to go away, even as budgets shrink and illegal immigration lessens.

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Europe
5:34 am
Sat September 22, 2012

'Time Banks' Help Spaniards Weather Financial Crisis

Unemployment is rampant in Spain and full-time jobs are scarce. Here a woman works at a street stall in Madrid. Some Spaniards are signing up for "time banks," where individuals perform services based on their skills, and receive another service in return. No money changes hands. A woman is shown here working at a street stall in Madrid.
Oli Scarff Getty Images

Originally published on Sat September 22, 2012 10:35 am

After saving money for years, Lola Sanchez was finally able to buy a car refitted with a ramp and space for a wheelchair in the back for her teenage son, who has cerebral palsy.

A nurse used to come each day to help with her son's care. That service was cut amid government austerity measures, though Sanchez still gets a small check every month.

"What I need is physical help, even more than financial assistance," Sanchez says, "because I can't physically lift him on my own."

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The Two-Way
6:34 pm
Fri September 21, 2012

Kickstarter Says It 'Is Not A Store' As It Revises Policy On Projects' Risks

A screengrab shows three highly funded Design projects currently on Kickstarter's site. The company's founder say they will require more information about the challenges potential entrepreneurs could face.
NPR

Originally published on Fri September 21, 2012 11:06 pm

Even as it has received praise for bringing innovative ideas to life, Kickstarter has been criticized for allowing creators to be a little fuzzy about their plans — and for providing little recourse to investors who become unsatisfied with the project they've supported. The site has now announced changes that it hopes will ease those troubles.

The biggest change is a new section called "Risks and Challenges," which requires potential entrepreneurs to list the obstacles they face, and how they plan to deal with them.

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The Salt
2:34 pm
Fri September 21, 2012

Juice Maker Helps Tight End Block Thieving Teammates

Niles Paul (right) at a Redskins practice with then-teammate Tim Hightower, before the juice-stealing incidents came to light.
Carolyn Kaster AP

Originally published on Fri September 21, 2012 4:58 pm

Niles Paul had a problem. The second-year tight end for the Washington Redskins couldn't stop his teammates from stealing his Capri Sun. You know, Capri Sun — those sugary-sweet packets of juice that come in triangular foil containers with their own straws attached.

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The Two-Way
9:49 am
Fri September 21, 2012

Another iPhone, Another Day Of Long Lines And Big Hype

In Tokyo today, a customer on line for the iPhone 5 was wearing a Steve Jobs mask.
Yoshikazu Tsuno AFP/Getty Images

Originally published on Fri September 21, 2012 10:51 am

It's a "now familiar global ritual," as The Associated Press says: Apple fans are lining up today at stores "from Sydney to Paris to pick up the tech juggernaut's latest iPhone."

That would be the iPhone 5, which the company unveiled earlier this month.

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Business
6:04 am
Fri September 21, 2012

Trulia's IPO Tests Appetite For Tech Start-Ups

Originally published on Fri September 21, 2012 3:47 pm

Transcript

STEVE INSKEEP, HOST:

The real estate website Trulia is successfully riding the housing recovery, and has just gone public. After one day of trading, the San Francisco-based company is valued at well over half-a-billion dollars.

From our member station KQED, Aarti Shahani reports this is seen as a boost for the tech sector after Facebook's shaky plunge into the stock market.

(SOUNDBITE OF CAR DOOR SLAMMING)

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Business
6:04 am
Fri September 21, 2012

Want An iPhone 5 But Don't Want To Stand In Line?

Originally published on Fri September 21, 2012 7:08 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business today is: Why wait?

American consumers will likely go to great lengths - and stand in lines of great lengths - to get the iPhone 5, which goes on sale today.

STEVE INSKEEP, HOST:

People are lining up in front of Apple stores already. But this is a market economy, after all, and time is money, which explains why some people are paying others to stand in line for them.

IAN DEBORHA: I'm getting paid $55 for four hours.

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Business
6:04 am
Fri September 21, 2012

Are New Rules Needed For High-Speed Stock Trading?

On Capitol Hill, some members of Congress are asking whether new rules are needed to reign in high-speed stock market trading. Democratic Senator Jack Reed told a conference of traders that there is enough evidence to warrant a closer look.

Planet Money
4:03 am
Fri September 21, 2012

The Downside Of Tax Havens? Paperwork.

Unbelizable and Delawho? company documents, along with our official company stamp.
Lam Thuy Vo NPR

Originally published on Fri September 21, 2012 3:44 pm

We were curious how hard it would be to set up an offshore company, so this summer we bought two. We at Planet Money are now the proud owners of "Unbelizable Inc." in Belize and "Delawho? LLC" in Delaware. The whole process was quick and easy.

At least that's how it seemed at first — until we got an email from David Buckley, a tax lawyer at Rogin Nassau, telling us we had just walked into an IRS sinkhole.

Buckley described it as "a minefield of U.S. tax obligations," and he said he was worried about me. (The companies are in my name.)

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