Business

3:43am

Tue February 4, 2014
All Tech Considered

Facebook At 10: Amid Doubters, Company Eyes Next Growth Phase

Originally published on Thu February 6, 2014 8:12 am

Facebook co-founder and CEO Mark Zuckerberg told James Bennet, editor in chief of The Atlantic, in September that he wasn't worried about whether Facebook is "cool." "We're almost 10 years old, and we're definitely not a niche thing at this point," Zuckerberg said.
Win McNamee Getty Images

Ten years ago, when Mark Zuckerberg launched Facebook at Harvard, Noah Buyon was only nine years old.

Facebook started out as a site exclusively for college students, so it took Buyon a few years to find out about it. But when his older brothers got accounts, he wanted one too.

"It became kind of the cool thing to have," Buyon says. "I couldn't hold out any more — and I got it, and I've been saddled with it ever since."

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3:03am

Tue February 4, 2014
Parallels

Istanbul's Mega-Projects: Bigger Is Better, Or A 'Crazy Canal'?

Originally published on Thu February 6, 2014 8:12 am

The pillars for the Yavuz Sultan Selim Bridge, commonly known as the "Third Bridge" rise from the Anatolian and European sides of the Bosphorus, above the fishing harbor of Poyrazkoy. When completed, the bridge will be over two kilometers in length, making it the longest combination railway/highway bridge in the world.
Jodi Hilton for NPR

Istanbul has long been a city of historical layers and sharp contrasts: ancient monuments share the skyline none too comfortably with modern skyscrapers, and charming cobbled streets run alongside massive highway traffic snarls.

Those contrasts have multiplied under Prime Minister Recep Tayyip Erdogan, and his love of giant building projects hasn't abated after more than a decade in power.

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6:14pm

Mon February 3, 2014
The Salt

All Hail The Asparagus Queen! How Ag Pageants Lure New Contestants

Originally published on Mon February 3, 2014 7:33 pm

The 2011 Asparagus Queen, Megan Roskan, and runner-up Christine Merten wave to spectators during an Independence Day parade in Whitehall, Mich. With interests waning in agricultural pageants, organizers are relaxing the requirements to encourage more people to apply.
Courtesy of Phil Squattrito

Forget Miss USA and Miss Universe.

Think you've got what it takes to be the Asparagus Queen?

Mainstream beauty pageants still get tons of applicants every year (even after the dip in participation during the 2008 recession). The same can't be said for the rural festival pageant circuits, The Wall Street Journal's Lindsay Gellman tells Audie Cornish on All Things Considered.

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5:42pm

Mon February 3, 2014
The Two-Way

Stocks Head Lower; Investors Wonder What's Next

Originally published on Mon February 3, 2014 6:44 pm

Traders work on the floor of the New York Stock Exchange at the end of the trading day on Monday in New York City.
Spencer Platt Getty Images

If your New Year's resolution was, "I am going to prepare for retirement by moving my savings into stocks," then you must be very sad now.

Broncos-fan-level sad.

On Monday, the Dow Jones industrial average plunged an additional 326 points, down about 2 percent to 15,373. That was the seventh triple-digit drop so far this year. Back on Dec. 31, the Dow was at 16,577.

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4:52pm

Mon February 3, 2014
Business

Lots Of Little Credit Charges Add Up To One Big Scam

Originally published on Mon February 3, 2014 11:29 pm

Many consumers don't check their credit card bills carefully — which makes it easy to miss fraudulent charges.
iStockphoto

Would you notice an unexpected charge of $10 or less on your credit card statement? Lots of consumers don't — and scammers count on that, says Steve Barnas, president and CEO of the Better Business Bureau in northern Illinois.

But Barnas says the Better Business Bureau is now hearing from consumers across the country about $9.84 credit charges for what look to be very innocuous purchases. But while they may seem legitimate, many are not.

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4:02pm

Mon February 3, 2014
The Two-Way

'Time Is Short' On Debt Ceiling, Treasury Secretary Says

Originally published on Mon February 3, 2014 7:33 pm

Treasury Secretary Jacob Lew on Monday.
Saul Loeb AFP/Getty Images

Warning that "simply delaying action on the debt limit can cause harm to our economy," Treasury Secretary Jacob Lew repeated Monday that he believes Congress should act soon to raise that limit so the federal government avoids even looking like it might default on its debts.

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11:31am

Mon February 3, 2014
Your Money

MyRA: Understanding President Obama's Retirement Savings Plan

Originally published on Mon February 3, 2014 2:23 pm

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. We'd like to start the week talking about a subject that might be on your mind as you start preparing your taxes and you're pull out those bank statements. We want to talk about planning for retirement. Almost half of households in this country don't have enough savings to cover their retirement or even unexpected emergencies, that according to a new report from a group called the Corporation for Enterprise Development.

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11:25am

Mon February 3, 2014
The Two-Way

Yellen Becomes Fed Chair, And Bernanke Heads To Think Tank

Janet Yellen smiles Monday before being sworn in as Federal Reserve Board chair at the Federal Reserve in Washington, D.C.
Charles Dharapak AP

Just as Janet L. Yellen was sworn in as the first woman to head the Federal Reserve, Ben Bernanke announced his next move on Monday.

The former fed chief, who saw the country through a recovery from the worst financial crisis since the Great Depression, will join Brookings' Hutchins Center on Fiscal and Monetary Policy.

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11:18am

Mon February 3, 2014
Shots - Health News

10 Places Where Health Insurance Costs The Most

Originally published on Mon February 3, 2014 2:12 pm

Health insurance premiums in Aspen, Colo., are among the highest in the country.
Andrew Wilz AP

If you are buying health coverage in the Colorado ski resort towns, the Connecticut suburbs of New York City or a bunch of otherwise low-cost rural regions of Georgia, Mississippi and Nevada, you have the misfortune of living in the most expensive insurance marketplaces under the new health law.

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7:05am

Mon February 3, 2014
The Two-Way

Budweiser's 'Puppy Love' Ad Wins Super Bowl Viewers' Hearts

Originally published on Mon February 3, 2014 2:29 pm

Puppy + Clydesdale = awww.
Anheuser-Busch.com

The Super Bowl sure didn't live up to expectations. Pigskin prognosticators told us it would be a close game between the NFL's two best teams.

Instead, Seattle won a 43-8 laugher. Denver was never really in it.

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