Business

3:42pm

Thu April 9, 2015
The Two-Way

PG&E Hit With $1.6 Billion Penalty For 2010 Calif. Pipeline Explosion

Originally published on Fri April 10, 2015 9:36 am

A Sept. 10, 2010 photo showing firefighters and rescue crews working amid damage caused by the pipeline explosion in San Bruno, Calif.
Jeff Chiu AP

Pacific Gas & Electric Co.has been ordered to pay a $1.6 billion penalty — the largest ever levied against a public utility — for a 2010 explosion in a gas pipeline it operated that killed eight people and destroyed dozens of homes in a San Francisco suburb.

The five-member California Public Utilities Commission voted 4-0 Thursday to impose the penalty. President Michael Picker called for a larger review of problems at PG&E, a move that The Associated Press says "suggests the energy behemoth could be broken up."

Read more

2:42pm

Thu April 9, 2015
The Two-Way

Uber Launches Cash-Only Rickshaw Service In Indian Capital

Originally published on Thu April 9, 2015 4:19 pm

An auto-rickshaw in New Delhi. You can use an Uber app in the Indian capital to hail the three-wheeled vehicles.
Manish Swarup AP

Ride-hailing service Uber has launched a new service in the Indian capital of New Delhi — for auto rickshaws, the popular three-wheeled vehicles.

The big difference between UberAuto and the ride-hailing service's other offerings worldwide: You pay the autos, as the vehicles are known in India, only in cash. Fares are set by the state.

Read more

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

Pages