That sharp drop in government spending that put the squeeze on the economy last quarter, as we just heard, is likely to be repeated. This spring, the government is set to make additional cuts to spending, including defense, unless lawmakers agree on a different plan. So far there's little agreement in Washington about the optimum size or shape of government spending.
NPR's Scott Horsley joins us now to talk about this in our Business Bottom Line. Good morning, Scott.
Originally published on Thu January 31, 2013 7:36 am
BlackBerry has unveiled a new smarthphone that it hopes will woo back the many customers it lost in the past few years. Among its strategies, the company appointed singer Alicia Keys as its global creative director. But in the last few days Keys was found to be tweeting from an iPhone, one of BlackBerry's big rivals.
The economy shrank a bit in the fourth quarter and analysts are trying to figure out why. It's clear that declines in business inventories and government spending played a role, but was the real problem the narrowly averted fiscal cliff?
NPR's business news starts with advertisers liking Facebook.
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MONTAGNE: Facebook says its mobile advertising business nearly doubled from the third to fourth quarter of 2012. As a whole, the company's ad business grew at its fastest rate since it went public last May.
Note: We originally published a version of this post a few weeks ago. We are republishing it now to coincide with our story airing today on Morning Edition.
All kinds of proposals to reduce gun violence have been floated recently. One idea that has gotten the attention of economists is liability insurance. Most states require car owners to have liability insurance to cover damages their vehicles cause to others; some economists think we should require the same of gun owners.
We reached out to a few economists to get their thoughts.
Boeing is scrambling to figure out why batteries malfunctioned on its 787, prompting officials to ground the airplane this month. And at a time when Boeing most needs its skilled engineers, they're weighing a possible strike. Union leaders are considering the company's final contract offer.
The standoff between Boeing and about 23,000 engineers and technicians — mostly in the Seattle region — has been brewing for months. Dozens of them recently packed a union hall south of Seattle for training in how to run a picket line.
Originally published on Tue March 12, 2013 1:23 pm
Alto saxophonist Jaleel Shaw keeps good company. He tours with Roy Haynes, the living legend of jazz drums. He grew up in the Philadelphia music community, where new creative ferment in black pop music abutted multiple generations of jazz elders. He knows the music of Charles Mingus quite well from playing in the Mingus Big Band.
Originally published on Thu February 7, 2013 1:55 pm
The history of jazz is often told as a sequence of epic heroes, legends whose careers proceed from one great accomplishment to another. Coincidentally, the saxophonist Chris Potter, bright-toned and gymnastically powerful, has been reading Homer lately. That's inspired his latest suite of compositions, a collection of tuneful numbers based on The Odyssey. The Sirens is geared largely around a quartet of widely admired musicians, not least of whom is Potter himself.