Business

5:00am

Fri July 11, 2014
Business

FTC Sues Amazon Over In-App Purchases Made By Kids

Originally published on Fri July 11, 2014 8:01 am

Amazon is facing charges by the Federal Trade Commission that it willingly allowed children to make millions of dollars in purchases inside apps without parental consent.

3:31am

Fri July 11, 2014
Planet Money

When Ikea Raises Its Minimum Wage, Where Does The Money Come From?

Originally published on Fri July 11, 2014 3:04 pm

Flickr user: dahlstroms

Ikea, a company famous for keeping its costs down, recently announced that it would raise the average minimum wage for its retail workers to $10.76 an hour. Why would the company volunteer to pay its workers more?

"By taking better care of our coworkers," says Rob Olson, the acting president of Ikea U.S., "they will take better care of our customers, who will take better care of Ikea. We see it as a win-win-win opportunity."

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4:59pm

Thu July 10, 2014
Business

Picketing Truckers Raise Tensions At LA Port Amid Dockworker Talks

Originally published on Thu July 10, 2014 7:04 pm

Picketers supporting independent truck drivers at the ports of Los Angeles and Long Beach stand outside a container terminal.
Kirk Siegler NPR

Labor tensions are high at the largest port complex in the country — Los Angeles and Long Beach — which handles nearly half of all the cargo coming into the United States.

Short-haul truck drivers are striking. They're the independent, contract truckers who bring the containers off the ships to nearby warehouses for companies like Wal-Mart and Costco. At the twin ports, their numbers hover around 10,000.

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4:08pm

Thu July 10, 2014
All Tech Considered

A New Device Lets You Track Your Preschooler ... And Listen In

Originally published on Thu July 10, 2014 6:51 pm

KizON went on sale in South Korea this week, with North America and Europe to follow later this year. Its price has not yet been announced.
LG

I was always thankful that my parents didn't "leash me" at the mall or grocery store when I was a child — but you'll never guess what parents can strap on their kids nowadays.

LG Electronics introduced a device Wednesday called the KizON. Meant for those in preschool and primary school, it's essentially a kid-tracking wristband.

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3:15pm

Thu July 10, 2014
The Two-Way

Eileen Ford, Creator Of The Supermodel, Dies At 92

Originally published on Thu July 10, 2014 7:58 pm

Eileen Ford with two of her famous models, Cheryl Tiegs (left) and Cristina Ferrare, in New York in 1983. Ford died on Wednesday at age 92.
Marty Lederhandler AP

Eileen Ford, who is credited with inventing the modern modeling business and in the process launching the careers of supermodels such as Lauren Hutton, Christie Brinkley and Naomi Campbell, has died at 92.

A spokeswoman who handles public relations for Ford Models confirmed Wednesday's death, which follows a fall Ford took last week at her New York apartment.

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1:22pm

Thu July 10, 2014
The Two-Way

Samsung Faces Allegation That A Chinese Supplier Used Child Labor

Originally published on Fri July 11, 2014 3:14 pm

Electronics giant Samsung is facing allegations that a supplier in China used child labor to meet the company's production targets.
Michael Conroy AP

One of electronics giant Samsung's suppliers in China used child labor to meet the South Korean company's production targets, a labor watchdog said in a report Thursday.

New York-based China Labor Watch says the Shinyang Electronics factory in Dongguan, China, hired child labor and underage student workers, altering "the strictness of hiring practices in order to adapt to Samsung's demands."

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6:57am

Thu July 10, 2014
Around the Nation

Detroit Shuts Off Water As It Tries To Collect Millions Owed

Originally published on Thu July 10, 2014 11:30 am

Transcript

STEVE INSKEEP, HOST:

Let's follow up now on the water war in Detroit. So far this year, the water utility has shut off the spigots to 17,000 customers. It wants people to do pay their overdue bills. Many residents are upset with how the city is doing this and ask if some are getting special treatment. Here's Sarah Cwiek of Michigan Radio.

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6:52am

Thu July 10, 2014
Politics

Contraceptive Ruling Becomes Campaign Trail Flashpoint

Originally published on Thu July 10, 2014 11:30 am

Transcript

RENEE MONTAGNE, HOST:

Democrats in the Senate have unveiled legislation to override the recent Supreme Court decision on contraceptives.

STEVE INSKEEP, HOST:

In that decision, the court sided with the owners of Hobby Lobby, a chain of craft stores, ruling that many businesses do not have to pay for health insurance to cover contraceptives if they object on religious grounds.

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5:35am

Thu July 10, 2014
Asia

China's Booming Real Estate Market Finally Begins To Slide

Originally published on Thu July 10, 2014 11:38 am

Villas in a luxury compound in Wuxi, in China's eastern Jiangsu province, sit empty after a year while more apartment blocks rise in the distance.
Frank Langfitt NPR

After years of stunning growth, China's go-go real estate market is now in retreat.

Prices fell last month in 79 out of 100 cities, according to the China Real Estate Index run by SouFun Holdings, a real estate website. Land sales dropped nearly 30 percent this spring from a year earlier.

Real estate has been one of the engines driving the world's second-largest economy, which is why economists in China and around the world are watching the market closely these days.

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5:01am

Thu July 10, 2014
Business

Fed May End Bond-Buying Program In October

Originally published on Thu July 10, 2014 11:30 am

Transcript

STEVE INSKEEP, HOST:

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