Business

5:03am

Tue February 18, 2014
Around the Nation

California Toasts 2013's Record Wine Grape Harvest

Originally published on Tue February 18, 2014 3:03 pm

Chardonnay grapes are picked in the Stelling Vineyard at Far Niente winery Wednesday morning, Aug. 28, 2013 in Oakville, Calif.
Eric Risberg AP

California may be stricken by drought, but this month it's also celebrating a record wine grape harvest for 2013.

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5:03am

Tue February 18, 2014
Business

Black Market Tobacco Sales Hurt New York Businesses

Originally published on Tue February 18, 2014 11:03 am

Transcript

DAVID GREENE, HOST:

When CVS announced it would stop selling tobacco products later this year, industry experts predicted that other drugstore chains might follow suit - which makes you wonder if this means more business for other places that sell cigarettes.

Reporter Kaomi Goetz checked in with some of the grocery stores, newsstands and other small shops in New York City.

(SOUNDBITE OF CROWD CHATTER)

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5:03am

Tue February 18, 2014
Business

Japan's Central Bank Tries To Encourage More Lending

Originally published on Tue February 18, 2014 11:03 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with the Bank of Japan.

(SOUNDBITE OF MUSIC)

MONTAGNE: This morning, Japan's Central Bank doubled incentives it offers to banks in an effort to encourage more lending. The move is meant to weaken the yen, which would make Japanese goods more affordable - in turn, encouraging Americans and Chinese to buy those goods.

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3:33am

Tue February 18, 2014
Around the Nation

Battling Blight: Detroit Maps Entire City To Find Bad Buildings

Originally published on Tue February 18, 2014 11:39 am

A map of Detroit is spread on a table; on laptops, workers see the same map, overlaid with a grid of the city and blue dots representing surveyors in the field.
Dawn Uhl-Zifilippo

Inside one in a series of abandoned homes along a blighted block of Detroit's Brightmoor neighborhood, filmmaker Tom McPhee walks through the remnants of a life — broken furniture, scattered knickknacks and a flooded basement.

"This is fresh water that's coming into the basement here," McPhee points out. "All of that plumbing has been ripped away 'cause someone found a value in it, so they don't care that it's running. This is all over the city."

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4:43pm

Mon February 17, 2014
Business

Demographic Shifts Contribute To The Changing Face Of Retail

Originally published on Mon February 17, 2014 7:59 pm

Retailers, including Wal-Mart, are trying to adapt their models to suit urban areas, including this mixed-use retail and residential development in Washington, D.C.
Meredith Rizzo NPR

So far this year, retail chains have announced some heavy cuts. J.C. Penney said it would close 33 stores. Macy's said it would lay off 2,500 workers. Sears will close its flagship Chicago store in April.

That's creating a glut of excess space. But that's just one of several forces changing the face of retail.

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4:43pm

Mon February 17, 2014
All Tech Considered

Hurting For Cash, Online Porn Tries New Tricks

Originally published on Mon February 17, 2014 7:59 pm

Porn has a distinct problem that less racy media companies don't have: Users are afraid of leaving a digital record. Paid sites are trying to lure viewers out of the shadows and into credit card payments.
iStockphoto

I hit the streets of San Francisco to ask strangers their favorite search terms for online pornography. It was not hard to get answers, even on the record.

"Teacher porn, student-teacher fantasy," Jason Ravel says at a coffee shop. "That's who I was around most often in grade school. I was a really good student."

Chanelle Dorton, who's passing by a train station, is into ebony lesbian sex. "I don't like straight porn," she says.

Cab driver Neel Bell likes "heterosexual porn that doesn't involve porn stars. It lets you think that it's a real-life situation more."

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7:57am

Mon February 17, 2014
Business

Founder Of Hair And Skin-Care Line Aveda Dies

Horst Rechelbacher died over the weekend at age 72 at his farm in Wisconsin. He was diagnosed with pancreatic cancer three years ago. Aveda was among the first to use organic ingredients for hair and skin.

6:20am

Mon February 17, 2014
Business

So Far, 2014 Is A Good Year For Precious Metals

Originally published on Mon February 17, 2014 7:57 am

Gold has reached a price of more than $1,300 an ounce — the highest since early November. Gold is up 10 percent this year after a 28 percent drop in 2013. Silver has posted even greater gains – it's up 12 percent.

5:23am

Mon February 17, 2014
Business

Compounding Pharmacies Called On To Make Execution Drugs

Originally published on Mon February 17, 2014 7:57 am

Transcript

DAVID GREENE, HOST:

This week, a federal judge in Oklahoma is considering whether a particular drug used to carry out lethal injections amounts to cruel and unusual punishment. The drug in question is prepared by a compounding pharmacy, a business that's asked to mix specific drugs - in this case, with the intention of executing a prisoner. David Miller of the International Academy of Compounding Pharmacists says this is not a service they're eager to provide.

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3:39am

Mon February 17, 2014
Shots - Health News

Finessing Health Coverage: When To Buy Insurance For A New Baby

Originally published on Mon February 17, 2014 9:59 am

Daniel Horowitz for NPR

We're heading into the home stretch to sign up for insurance under the Affordable Care Act this year. The open enrollment period ends March 31 for most people.

But there are exceptions. And they are the subject of many of our questions this month.

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