Business

11:04am

Wed January 29, 2014
The Great Plains Oil Rush

Oil Boom: See A Modern-Day Gold Rush In Motion

Originally published on Wed January 29, 2014 2:30 pm

Ritter Brothers, a jewelry shop in Williston, N.D., sells novelties that might appeal to those benefiting from the region's recent oil boom.
Annie Flanagan for NPR

If you've seen any coverage of North Dakota's oil boom, you've seen the images — oil rigs, truck traffic, "man camps," miles of temporary housing.

But there is something about this place that just can't be captured by a still photograph. It's a feeling you get when you cruise down an endless highway under a vast, big sky — until suddenly: BOOM. You're wedged between semitrucks dwarfing what was once a quiet farm town.

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7:05am

Wed January 29, 2014
Business

Interpol On The Case Of Stolen Stradivarius

Originally published on Wed January 29, 2014 12:49 pm

Transcript

STEVE INSKEEP, HOST:

And our last word in business is: the $6 million heist.

Frank Almond of the Milwaukee Symphony Orchestra had just finished a performance Monday night with his Stradivarius violin from 1715, when the violin was stolen from him.

RENEE MONTAGNE, HOST:

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5:17am

Wed January 29, 2014
Business

Cold Temperatures Boost Demand For Natural Gas

Originally published on Wed January 29, 2014 12:49 pm

Transcript

STEVE INSKEEP, HOST:

President Obama used the State of the Union speech to talk up the state of the domestic fuel industry.

(SOUNDBITE OF SPEECH)

PRESIDENT BARACK OBAMA: Today, America is closer to energy independence than we have been in decades. One of the reasons why is natural gas.

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4:43am

Wed January 29, 2014
Business

Product Launches Expected To Drag Ford's 2014 Profits Down

Originally published on Wed January 29, 2014 12:49 pm

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a strong finish.

(SOUNDBITE OF MUSIC)

MONTAGNE: Ford Motor Company closed the books on 2013 with higher than expected profits. The Detroit automaker's net earnings for the year surpassed $7 billion.

But as Michigan Radio's Tracy Samilton reports, Ford is warning that 2014 will be more challenging.

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4:43am

Wed January 29, 2014
Business

NCAA To Fight Football Team's Decision To Unionize

Originally published on Wed January 29, 2014 12:49 pm

Transcript

STEVE INSKEEP, HOST:

As we start this next story, let's remember that college football is big business, TV contracts, million dollar coaching salaries, game day revenues and more. Everybody profits except the players who may get treated like royalty and get all sorts of benefits on campus, but technically, are not supposed to be paid. So are they students or are they employees risking their health and the service of a big business?

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4:24pm

Tue January 28, 2014
Planet Money

Who Are The Long-Term Unemployed? (In 3 Graphs)

Originally published on Thu February 6, 2014 12:54 pm

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When you are out of work and looking for 27 weeks or longer, you become part of a group the Bureau of Labor Statistics calls long-term unemployed. The share of long-term unemployed workers hit its peak in May 2010, when 46 percent of the unemployed were long-term unemployed. It has hovered around 40 percent of the unemployed in the three years since.

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3:57pm

Tue January 28, 2014
Business

A Chinese Company Brings Hope To Former GM Workers In Ohio

Originally published on Tue January 28, 2014 6:55 pm

An abandoned General Motors automotive assembly plant near Dayton, Ohio, will soon become home to Fuyao Auto Glass, a Chinese windshield maker.
AFP/Getty Images

For years, industrial cities across the U.S. have watched factories pack up and leave, taking their operations to Mexico or China. But here's something relatively new: increasing numbers of Chinese companies are bringing manufacturing to the United States.

Just south of Dayton, Ohio, a Chinese auto-glass maker now plans to open up shop in what used to be a large General Motors truck plant.

The announcement is a big deal for this former factory town.

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3:00pm

Tue January 28, 2014
The Two-Way

Illinois Train Conductor's Challenge: Keep The Beer From Freezing

Originally published on Tue January 28, 2014 8:18 pm

In an Illinois railyard, train cars carrying beers such as Corona and Pacifico are at risk of spoiling their cargo if freezing temperatures take hold.
Scott Olson Getty Images

In a railyard outside Chicago, the deep cold of winter can threaten a Midwest staple: beer. The large distribution hub regularly holds more than 1 million cases, according to Crain's Chicago Business. A Crain's reporter spent a night on the job with the man who must keep the beer safe.

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11:27am

Tue January 28, 2014
Shots - Health News

How A Divorce Can Boost Health Insurance Subsidies

iStockphoto

As the enrollment period continues for health coverage on the state health insurance marketplaces, people continue to have many questions about buying a plan there.

What happens with premium tax credits if a couple gets divorced? If the premium tax credit is based on the previous year's income when the couple filed taxes jointly, many wouldn't qualify. But once someone is divorced, one individual might have little income. What is the subsidy based on in that situation?

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10:50am

Tue January 28, 2014
All Tech Considered

One Way Lawmakers Are Trying To Prevent Government IT Disasters

Rep. Anna Eshoo, D-Calif., is a co-sponsor of the new bill.
Charles Dharapak AP

HealthCare.gov's infamous failure to launch has inspired some fresh legislation that aims to organize and streamline the currently scattered — and expensive — approach to multimillion-dollar technology projects built by the government and its contractors.

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