Business

4:21pm

Fri February 21, 2014
Economy

Meeting Minutes Show Human Side To Fiscal Crisis

Originally published on Fri February 21, 2014 7:53 pm

Transcript

AUDIE CORNISH, HOST:

The Federal Reserve today released transcripts of its meetings in 2008, back when the financial crisis was unfolding. The documents show Fed policymakers struggling to understand and respond to failing Wall Street banks and the global financial system in turmoil. NPR's John Ydstie has been reading through the transcripts and joins us now. Hey there, John.

JOHN YDSTIE, BYLINE: Hi, Audie.

CORNISH: So we've had these minutes, at least, right, from most of these meetings for years. What do we learn from the transcripts?

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4:21pm

Fri February 21, 2014
Economy

Fannie Mae: Now Free From Debt But Still Under Government's Wing

Originally published on Fri February 21, 2014 7:53 pm

With another $7.2 billion in payments to the Treasury Department, Fannie Mae is now in the black for the first time since it entered conservatorship in 2008. Yet Fannie's future is as murky as ever.

4:21pm

Fri February 21, 2014
Politics

Week In Politics: Minimum Wage And Boehner's Pressures

Originally published on Fri February 21, 2014 7:53 pm

Political commentators Jonathan Capehart of The Washington Post and David Brooks of The New York Times discuss a proposed minimum wage raise and the challenges facing GOP congressional leaders.

4:21pm

Fri February 21, 2014
Politics

Obama And Democratic Governors Agree: Raise Minimum Wage

Originally published on Fri February 21, 2014 7:53 pm

President Obama met Friday with more than a dozen Democratic governors at the White House. They emerged from the meeting declaring their united support for a higher national minimum wage.

12:47pm

Fri February 21, 2014
The Salt

What Sbarro's Woes Say About Where We Get Our Fast Food Now

Originally published on Fri February 21, 2014 7:23 pm

Customers at a Sbarro in Chicago on April 4, 2011, the day that the company filed for Chapter 11 bankruptcy.
Scott Olson Getty Images

In 1985, Joe Sbarro declared that he had high hopes for his cafeteria-style pizza chain, founded in 1956.

"Sbarro's dream is to be another McDonald's," he told Newsday.

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12:19pm

Fri February 21, 2014
All Tech Considered

Tech Week: Facebook's Bet, Streaming Fight, Google Maps Indoors

Verizon and Netflix are engaged in a feud over connection speeds.
Spencer Platt Getty Images

No rest for weary tech reporters this President's Day week, as the news on this beat tumbled forth fast and furiously. A look back at some of the topics dominating conversation follows, with NPR coverage in the "in case you missed it" section, and largely curated coverage from elsewhere in "The Big Conversation" and "Curiosities."

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11:59am

Fri February 21, 2014
Barbershop

Are The Barbershop Guys Sorry They Are Not Idris Elba?

Originally published on Mon February 24, 2014 12:11 pm

Transcript

MICHEL MARTIN, HOST:

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11:18am

Fri February 21, 2014
Shots - Health News

Ads Focused On A Few Drug Risks Might Make Them Memorable

Originally published on Fri February 21, 2014 6:02 pm

When an ad contains too much information, the most important parts may not stick.
iStockphoto

The way that prescription drugs are advertised on TV could be better, especially when it comes to communicating the risks and side effects of medicines. Now the Food and Drug Administration is calling for research into how the ads could be improved.

The problem, as Michael Wolf, a health services researcher and cognitive scientist at Northwestern University's Feinberg School of Medicine describes it, is that most ads work like this:

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11:05am

Fri February 21, 2014
U.S.

Job Seekers Still Have To Hide Tattoos (From The Neck Up)

Originally published on Fri February 21, 2014 4:31 pm

Rommel Canlas iStockphoto

Deanna Mullennax spent six months last year looking for a job. Having tattoos, she says, definitely didn't help.

"Tattoos literally change your career," says Mullennax, who is now working at a bakery in Chicago. "They call them 'job stoppers' for a reason."

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3:37am

Fri February 21, 2014
The Salt

Trader Joe's Caught In Sticky Lawsuit Over Peanut Butter Pretzels

Originally published on Mon February 24, 2014 2:37 pm

The Trader Joe's Peanut Butter Filled Pretzel: The salty-sweet snack that launched a bitter lawsuit.
Courtesy of Tina Haupert

Among the many snacks you can find in the aisles of Trader Joe's is an icon of sweet and salty goodness: the peanut butter pretzel. It's a combination so tasty, famed food writer Ruth Reichl once raved, "You haven't lived until you've tried the two together."

But the beloved treats aren't just treasures for the palate — they're a pretty lucrative business worth millions of dollars. And now, Trader Joe's is being sued for allegedly cornering the market on the snack.

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