Following up on his acknowledgement in January that it's problematic to have the National Security Agency collecting and storing massive amounts of information about individuals' phone calls, President Obama announced Thursday that he has decided "the data should remain at the telephone companies."
We are going to trace one simple Internet request. It's one that lots of people have made lately.
Rachel Margolis, a Time Warner cable subscriber in Brooklyn, wants to watch an episode of House of Cards on Netflix.
When Rachel clicks on House of Cards on her TV screen, her request travels out of her apartment on a cable, to a box on the corner, then under the East River to a giant building on the West Side of Manhattan. Think of the Empire State Building, turned on its side.
And our last word in business today is: A Single Record.
(SOUNDBITE OF SONG, "C.R.E.A.M.")
WU-TANG CLAN: (Rapping) Cash, Rules, Everything, Around, Me, C.R.E.A.M. Get the money. Dollar, dollar bill y'all.
GREENE: Legendary hip-hop artists, Wu-Tang Clan have come up with a new music distribution model. Instead of trying to sell millions of copies of their latest album, they're planning to release just one and sell it at auction for millions of dollars.
A major ruling by a federal agency could turn the multibillion dollar business of college sports upside down. The top National Labor Relations Board official in Chicago says college football players on scholarship at Northwestern University can unionize.
NPR's business news starts with a minimum wage hike.
(SOUNDBITE OF MUSIC)
WERTHEIMER: Lawmakers in Connecticut passed a bill on Wednesday that would eventually raise the state's minimum wage to $10.10 an hour. That's the rate President Obama wants for the federal minimum wage.