Business

9:15am

Thu April 9, 2015
The Two-Way

Founder Of Indian IT Giant Satyam Gets 7 Years For Fraud

Originally published on Thu April 9, 2015 12:33 pm

Ramalinga Raju, founder and former chairman of fraud-hit Satyam Computer Services, is escorted from a court in the southern Indian city of Hyderabad in April 2009. Raju and nine other defendants have been convicted of fraud and conspiracy.
Krishnendu Halder Reuters/Landov

In one of India's largest-ever cases of corporate fraud, the founder and chairman of failed outsourcing giant Satyam Computer Services and nine other defendants have been sentenced to seven years in prison on charges of stealing millions from shareholders.

An Indian court in the country's tech hub, Hyderabad, ruled Thursday that B. Ramalinga Raju, his two brothers and seven other officials of Satyam — which collapsed in 2009 — used forged documents and fake bank accounts in a scheme that cost the company's shareholders $2.28 billion.

Read more

7:08am

Thu April 9, 2015
All Tech Considered

Weighing Privacy Vs. Rewards Of Letting Insurers Track Your Fitness

Originally published on Thu April 9, 2015 7:11 pm

Patient Gary Wilhelm looks at his medical data on a smartphone that is synchronized to a new Fitbit Surge on his wrist.
Mel Evans AP

Would you be willing to hand over your health information to a life insurance company, in exchange for financial rewards?

Activity trackers have become increasingly popular over the past few years, tracking everything from how many steps you walk to your location throughout the day.

Read more

5:52am

Thu April 9, 2015
Around the Nation

Calif. Farmers Face Harsh Realities In Drought-Stricken Central Valley

Originally published on Thu April 9, 2015 7:34 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

5:18am

Thu April 9, 2015
Business

Rail Operators Aim To Do More Short-Distance Hauling

Originally published on Thu April 9, 2015 7:34 am

Copyright 2015 WFAE-FM. To see more, visit http://www.wfae.org.

Transcript

STEVE INSKEEP, HOST:

Read more

5:03am

Thu April 9, 2015
Planet Money

CEO Describes What It's Like When Investors Bet Against You

Originally published on Thu April 9, 2015 12:29 pm

The online furniture company Wayfair is now one of the most shorted stocks. Our Planet Money team talks to its CEO about what it's like to be running a company when some investors are betting on your fall.

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

RENEE MONTAGNE, HOST:

Read more

4:07am

Thu April 9, 2015
It's All Politics

Obama To Address Caribbean's 'Economic Achilles' Heel' — Energy

Originally published on Thu April 9, 2015 5:16 pm

Night in Port-au-Prince, Haiti. Analysts warn a sudden energy shortage in the Caribbean could create security problems not far from U.S. shores and even trigger mass migration. But thanks to its domestic energy boom, the U.S. has a rare opportunity to get out in front of the crisis and possibly build some goodwill of its own.
Hector Retamal AFP/Getty Images

President Obama is in Jamaica on Thursday, meeting with Prime Minister Portia Simpson Miller and more than a dozen other leaders from throughout the Caribbean. It's the first stop on a three-day tour that also includes a hemispheric summit meeting in Panama. Topping Thursday's agenda is a looming energy crunch in the Caribbean, and a chance for the U.S. to seize the initiative there from leftist leaders in Venezuela.

Read more

3:28am

Thu April 9, 2015
Goats and Soda

She's 66 And Finally Getting Electricity. Bring On The Ice Cream!

Originally published on Thu April 9, 2015 4:56 pm

Monique Yusizanna Ouz, 66, is going to have electricity for the first time in her life.
Carrie Kahn/NPR

In the village of Tuffet, a rocky 45-minute drive from the closest city along Haiti's southern coast, several men get down to work in Monique Yusizanna Ouz's rural home. They're wiring up her two-room, dirt floor house with a breaker box, an outlet and a light fixture.

She's 66 years old, and for the first time in her life, she's going to have electricity.

Ouz, who has five grandchildren, wants a refrigerator. She wants cold drinks — for herself but also to sell. And she wants ice cream, too.

Read more

6:37pm

Wed April 8, 2015
The Two-Way

Icy Traffic Jam On Lake Superior Has 18 Ships Stuck

Originally published on Thu April 9, 2015 4:08 pm

United States Coast Guard ships break up ice in eastern Lake Superior on Tuesday.
Kenneth Armstrong Reuters/Landov

Huge ice chunks stacked some 8 feet deep on Lake Superior have left 18 freighters stuck. The U.S. and Canadian Coast Guards have gotten involved, sending Canadian icebreakers and American vessels to help the ships break free from Whitefish Bay.

Read more

4:49pm

Wed April 8, 2015
The Salt

The Latest Item On McDonald's Shifting Menu: A $5 Burger

Originally published on Wed April 8, 2015 6:39 pm

The new Sirloin Third Pound burgers will be offered at McDonald's starting later this month, for a limited time.
Courtesy of McDonald's

McDonald's has been struggling in recent years to keep pace with fast-casual chains like Five Guys and Chipotle Mexican Grill.

So the fast-food giant is testing different menu options to lure back customers. Starting later this month, McDonald's diners will be able to choose a $4.99 sandwich — the Sirloin Third Pound burger.

Read more

4:13pm

Wed April 8, 2015
Business

Shell's Big Deal Could Shift Global Landscape Of Gas Business

Originally published on Wed April 8, 2015 6:23 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

MELISSA BLOCK, HOST:

Read more

Pages