Business

7:37am

Tue February 11, 2014
Business

Bad Weather Hurts McDonald's U.S. Sales

Originally published on Tue February 11, 2014 1:28 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a Big Mac slump.

(SOUNDBITE OF MUSIC)

INSKEEP: McDonald's says its sales in the United States fell for the third straight month. The world's largest burger chain reports bad weather hurt its U.S. sales in January, which fell 3.3 percent. McDonald's fared better overseas. Global sales rose 1.2 percent, as the fast food chain continues to expand abroad.

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7:03am

Tue February 11, 2014
First Reads

Exclusive First Read: 'Young Money' By Kevin Roose

Originally published on Tue February 11, 2014 2:21 pm

Most people who follow the headlines are aware of the lifestyles of Wall Street's titans — and the vast bonuses that fund those lives of luxury. Kevin Roose's new Young Money looks at the bottom of that ladder: the college kids who arrived on Wall Street after the economic crash of 2008, prepared to put their noses to the grindstone in the hopes of making it big — or just making a decent living.

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4:55am

Tue February 11, 2014
Business

'New York Times' Veteran Bill Keller Joins Marshall Project

Originally published on Tue February 11, 2014 1:28 pm

Transcript

RENEE MONTAGNE, HOST:

A well-known name at The New York Times is making the change to digital. After 30 years at The Times as foreign correspondent, executive editor and columnist, Bill Keller announced yesterday he is leaving the paper. He joins journalist and former Wall Street money manager Neil Barsky to report on the criminal justice system. The new venture is called The Marshall Project.

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4:55am

Tue February 11, 2014
Media

eBay Co-Founder's Media Company Launches Digital Magazine

Originally published on Tue February 11, 2014 1:28 pm

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne. Good morning.

In the coming weeks, NPR media correspondent David Folkenflik will tell us about media outlets grappling with how to report and present the news, and how to pay for that reporting amid major changes in the industry. In this, his first story, David reports on a new news organization called First Look Media, which made its debut yesterday.

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4:55am

Tue February 11, 2014
Business

Pipeline Regulators Move To Ease Propane Distribution Issue

Originally published on Tue February 11, 2014 1:28 pm

Transcript

RENEE MONTAGNE, HOST:

and we've been hearing in recent weeks about a propane shortage, which is really more about distribution. Companies are having trouble transporting their gas from where it's stored to where it's needed. Now the agency that regulates pipelines is taking an unprecedented step to try to fix that problem.

NPR's Jeff Brady reports.

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4:55am

Tue February 11, 2014
Business

AOL Reverses Changes To Retirement Contribution

Originally published on Tue February 11, 2014 1:28 pm

Transcript

STEVE INSKEEP, HOST:

AOL drew much criticism after it fumbled the rollout of changes to its employee retirement plan last week. The protests grew so loud the company had to reverse itself, and the CEO issued an apology.

From member station WNYC, Ilya Marritz reports.

ILYA MARRITZ, BYLINE: AOL got in trouble, not so much for the changes it tried to make, but for its explanation for why those changes were necessary.

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6:58pm

Mon February 10, 2014
The Two-Way

GM Says New CEO Will Earn 60 Percent More Than Male Predecessor

New CEO of General Motors Mary Barra.
Michael Probst AP

General Motors took the unusual step of releasing full details of their new CEO's pay package.

All told, Mary Barra could make $14.4 million this year, or about 60 percent more than her male predecessor.

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12:05pm

Mon February 10, 2014
Economy

Worker Productivity Is Up, But Are Employers Sharing The Wealth?

Originally published on Mon February 10, 2014 2:06 pm

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. We'd like to start the program today by talking about Friday's jobs report which was once again disappointing. The report also shared bad news for people who are working that wages remain stagnant.

There was good news, though, for employers. Worker productivity has gone up. We wanted to talk more about what productivity means and what this whole issue means for the economy, so we've called once again on NPR's senior business editor Marilyn Geewax. Welcome back, Marilyn.

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7:33am

Mon February 10, 2014
Business

'Dumb Starbucks' Mocks Coffee Behemoth

Originally published on Mon February 10, 2014 7:45 am

"Dumb Starbucks" opened on Friday, serving free "dumb lattes" and other coffee drinks all weekend. The coffeehouse categorizes itself as a parody, protected by the "fair use" doctrine.

6:23am

Mon February 10, 2014
Europe

Hollande's U.S. Visit To Send Signal To French Entrepreneurs

Originally published on Mon February 10, 2014 7:45 am

French President Francois Hollande arrives in the U.S. on Monday. In addition to a stop at Thomas Jefferson's Monticello in Virginia, Hollande will travel to Silicon Valley. The French president has been seen as anti-business, but he is trying to send a positive signal to French entrepreneurs with his visit to the world's high-tech capital.

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