Business

JPMorgan Chase CEO Spared By Shareholders

Jim Zarroli — Tue, 21 May 2013 21:43:00 +0000

Transcript

ROBERT SIEGEL, HOST:

Jamie Dimon, the chairman and CEO of JP Morgan Chase, has beaten back the most significant challenge to his leadership since he took charge.

Tech Companies Have A Lot At Stake With Immigration Bill

Martin Kaste — Tue, 21 May 2013 21:43:00 +0000

The tech industry is getting a lot in the Senate's immigration overhaul bill. It increases the number of temporary worker visas for skilled technical workers but the industry is pushing for more, including the end of provisions meant to protect American tech workers from unfair competition. The industry's goals and tactics are antagonizing other groups that want to see the bill pass.

'Reinventing The Register' May Take Time For Square

Zack Seward — Tue, 21 May 2013 21:43:00 +0000

Square is the much buzzed-about digital payments company started by the founder of Twitter. With the launch of a new product last week, we check in on the company's promise to revolutionize how we buy things.

Apple CEO Defends Tax Practices At Senate Hearing

John Ydstie — Tue, 21 May 2013 21:43:00 +0000

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

The top executives of Apple faced tough questions today on Capitol Hill. They came at a hearing about Apple's alleged avoidance of billions of dollars in U.S. income taxes.

Microsoft Reveals New Xbox One Game System

Bill Chappell — Tue, 21 May 2013 20:32:00 +0000

Microsoft unveiled its new Xbox One Tuesday, displaying a device that takes new steps in game consoles' journey to becoming all-purpose entertainment and communication devices. The new console replaces the Xbox 360, which has been on the market for nearly eight years.

One of the new device's most striking features is the ability to run multiple apps at once — and to split a TV screen into different tasks.

A Catch For Insurers That Cut Deductibles For Healthy People

Michelle Andrews — Tue, 21 May 2013 19:54:00 +0000

Health insurance deductibles typically only go one direction: up.

It's not unusual for people these days to be responsible for paying thousands of dollars in medical claims before most plan benefits kick in.

Rewards to policyholders for claims that don't meet the annual deductible can be a boon for healthy people.

'Arrested Development' Leads The Charge For Old Brands In New Media

Neda Ulaby — Tue, 21 May 2013 19:37:00 +0000

Arrested Development returning via Netflix? Just another old-media brand reviving itself on new media.

The TV show, which originally ran on Fox from 2003 to 2006 and unveils new episodes on Netflix next weekend, finds itself in splendid company. Radiohead, Louis C.K., Veronica Mars — all found their audiences with promotion and distribution from big studios and networks. Radiohead was signed to a major music label. Louis C.K. enjoyed HBO specials and TV shows.

Apple, Tech Giants And An Industrial-Age Tax Code

editor — Tue, 21 May 2013 18:07:00 +0000

Apple CEO Timothy Cook made a rare appearance on Capitol Hill on Tuesday, testifying after congressional investigators revealed that Apple avoided billions in taxes. Reporter Charles Duhigg of The New York Times and guest host Jennifer Ludden talk about how, as Duhigg writes, "technology giants have taken advantage of tax codes written for an industrial age."

Airbnb Stays Are Illegal In New York, Court Rules

Bill Chappell — Tue, 21 May 2013 16:55:00 +0000

People who use Airbnb, the web company that pairs travelers with residents who rent out their homes on a short-term basis, are breaking New York City's laws, according to an administrative law judge. The vacation rental business was found to run afoul of the city's occupancy code; it also doesn't conform with a state law.

As CNET reports, New Yorkers who break those rules are likely to face legal proceedings only if a complaint is filed against them.

JPMorgan Shareholders Vote To Keep Dimon As Chairman, CEO

Eyder Peralta — Tue, 21 May 2013 16:47:00 +0000

JPMorgan Chase shareholders voted on Tuesday to allow Jamie Dimon to continue being their chairman and CEO.

The AP reports:

"At the bank's annual meeting, 32 percent of shareholders voted for a measure that would have required the bank to split the roles.