Business

5:13am

Tue December 3, 2013
Business

Examining Flip Side Of A Firm's Social Responsibility Record

Originally published on Tue December 3, 2013 6:02 pm

Transcript

DAVID GREENE, HOST:

Goldman Sachs has given hundreds of millions of dollars to charity in recent years. In part, its effort to do good has been shaped by the battering its reputation took during the financial meltdown in 2008 when Goldman traders were accused of misleading investors.

The efforts of companies to look good in the public eye may seem positive but there is also a disturbing side of doing good work, as NPR's social science correspondent Shankar Vedantam tells our own Steve Inskeep.

STEVE INSKEEP, HOST:

Hi, Shankar.

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5:13am

Tue December 3, 2013
Business

Cyber Monday Sales Up From Last Year

Originally published on Tue December 3, 2013 6:02 pm

Transcript

DAVID GREENE, HOST:

We begin NPR's business news starts some mobile browsing.

(SOUNDBITE OF MUSIC)

GREENE: Millions of consumers - maybe including you - went online yesterday searching for deals on Cyber Monday. This is the biggest e-commerce shopping day. Online sales for the day hit $2 billion. That's up nearly 20 percent over last year.

NPR's Sonari Glinton reports.

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5:13am

Tue December 3, 2013
Your Money

U.S. Workers Lack Confidence To Manage Retirement Savings

Originally published on Tue December 3, 2013 6:02 pm

Transcript

RENEE MONTAGNE, HOST:

Its open enrollment season at many work places, which means opportunities to make changes in your retirement savings plans. The investment company Charles Schwab has found that many American workers lack the confidence to effectively manage their retirement savings.

In search of advice, we called up The Washington Post's financial columnist Michelle Singletary. Glad to have you back.

MICHELLE SINGLETARY: Oh, it's my pleasure to be here.

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3:18am

Tue December 3, 2013
Law

A Supreme Court Fight For The Rights Of (Frequent) Fliers

Originally published on Tue December 3, 2013 6:02 pm

Rabbi S. Binyomin Ginsberg sued Northwest Airlines for what he says was unfair termination from its frequent-flier program. His case goes goes before the Supreme Court on Tuesday.
Paul Sancya AP

Do airline frequent fliers have any legal rights when they get into disputes over their club memberships?

That's the question before the U.S. Supreme Court on Tuesday, when the justices examine whether, and under what circumstances, frequent fliers can sue in these disputes.

Frequent-flier programs — famous for their free trips, upgrades and goodies — are also infamous for what some members view as arbitrary airline behavior.

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3:17am

Tue December 3, 2013
Around the Nation

As Rent Soars, Longtime San Francisco Tenants Fight To Stay

Originally published on Tue December 3, 2013 6:02 pm

San Francisco has long been a desirable place to live — and that's even more true today as the city is basking in the glow of another tech boom. But the influx of new money and new residents is putting a strain on the city's housing market.

The city has the highest median rent in the nation, and evictions of longtime residents are skyrocketing.

Ground zero for San Francisco's eviction crisis is the Inner Mission District. Until recently, this edgy neighborhood was home to a mix of working-class Latinos, artists and activists.

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6:03pm

Mon December 2, 2013
All Tech Considered

Could A Tech Giant Build A Better Health Exchange? Maybe Not

Originally published on Mon December 2, 2013 8:48 pm

Workers process applications for Oregon's health exchange program. The state paid tech giant Oracle to build its online exchange, but with the site still not functional, people shopping for insurance have been forced to apply on paper.
Don Ryan AP

Oregon has spent more than $40 million to build its own online health care exchange. It gave that money to a Silicon Valley titan, Oracle, but the result has been a disaster of missed deadlines, a nonworking website and a state forced to process thousands of insurance applications on paper.

Some Oregon officials were sounding alarms about the tech company's work on the state's online health care exchange as early as last spring. Oracle was behind schedule and, worse, didn't seem able to offer an estimate of what it would take to get the state's online exchange up and running.

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5:23pm

Mon December 2, 2013
Politics

Unemployment Benefit Program Set To Expire At Year's End

Originally published on Mon December 2, 2013 7:12 pm

Job seekers attend a March health care job fair in New York.
Mark Lennihan AP

More than 1 million people will see their extended unemployment benefits immediately cut off at the end of the month if Congress doesn't act.

An emergency federal benefit program was put in place during the recession to help those who are unemployed longer than six months. That allowed them to get as much as a year and a half of help while they searched for work, even after state benefits ran out.

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4:58pm

Mon December 2, 2013
Business

Sluggish Start To Holiday Sales May Mean More Price Cuts

Originally published on Mon December 2, 2013 5:53 pm

Shoppers crowd a Macy's store in New York on Thursday. Many retailers stayed open on Thanksgiving Day this year, a new holiday tradition that analysts say is here to stay.
John Minchillo AP

Despite retailers offering Thanksgiving hours and more online sales, Americans still nervous about the economy spent less this long weekend than they did last year, according to preliminary estimates.

But analysts say retailers will be working harder to boost sales in coming weeks by offering even deeper discounts.

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4:08pm

Mon December 2, 2013
The Two-Way

Amazon's Drone Has Many Asking 'What Could Go Wrong?'

Originally published on Mon December 2, 2013 6:37 pm

Buzzing to a neighborhood near you? Amazon.com's Prime Air prototype may someday fly small packages right to customers' homes.
AP

The news that Amazon is hoping to one day use semi-autonomous drones to deliver small packages to customers has many asking a familiar question:

What could go wrong?

Check this tweet:

"An Amazon drone!? What could go wrong?! 'They're autonomous' - this is how the Terminator started FYI..."

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3:59pm

Mon December 2, 2013
Planet Money

The Afterlife Of American Clothes

Originally published on Tue December 10, 2013 10:45 am

Bales of imported clothing are wheeled into the Gikombo Market in Nairobi, Kenya.
Sarah Elliott for NPR

This story is part of the Planet Money T-shirt project.

Jeff Steinberg had a maroon and white lacrosse jersey that he wore for years. It said "Denver Lacrosse" on the front and had his number, 5, on the back.

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