Business

4:52pm

Wed January 29, 2014
Economy

Income Inequality, As Seen From Two Angles

Originally published on Thu January 30, 2014 11:00 am

Transcript

ROBERT SIEGEL, HOST:

Economic inequality was a key theme of the president's State of the Union address. Clearly, it's a subject that he is determined to get the country talking about and talking about in a different way; more broadening of opportunity, less talk of raising taxes on the rich. Here's part of what he said last night.

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3:25pm

Wed January 29, 2014
All Tech Considered

A Boarding Pass Design That's So Much Better Than What We Have

Originally published on Thu January 30, 2014 11:58 am

The better boarding pass design.
Pete Smart

In our "Weekly Innovation" blog series, we explore an interesting idea, design or product that you may not have heard of yet. Do you have an innovation to share? Use this quick form.

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2:24pm

Wed January 29, 2014
The Two-Way

Fed Will Continue To Taper Its Stimulus Program

Originally published on Wed January 29, 2014 4:14 pm

Because the economy continues to improve since it started tapering its stimulus program, the Federal Reserve said it would continue to slow the pace of its bond-buying programs.

In a statement released on Wednesday, the Federal Open Market Committee said:

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1:36pm

Wed January 29, 2014
Around the Nation

How Industrial Chemical Regulation Failed West Virginia

Originally published on Wed January 29, 2014 7:55 pm

Jonathan Steele, owner of Bluegrass Kitchen, fills a jug with bottled water from a tank he installed in the back of his Charleston restaurant.
Steve Helber AP

On Jan. 9, people in and around Charleston, W.Va., began showing up at hospitals: They had nausea, eye infections and some were vomiting. It was later discovered that around 10,000 gallons of toxic chemicals had leaked into the Elk River, just upstream from a water treatment plant that serves 300,000 people. Citizens were told not to drink or bathe in the water, and while some people are now using water from their taps, many still don't trust it or the information coming from public officials.

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1:07pm

Wed January 29, 2014
The Two-Way

Missing For 112 Years, First Porsche Is Found In Warehouse

Originally published on Wed January 29, 2014 2:21 pm

The P1, now known as the "first Porsche."
Juergen Skarwan Porsche.com

Even the famed German automaker concedes that it "may resemble an old horse-drawn carriage."

But the recently rediscovered "first Porsche in the world" — dubbed the P1 — was a technological marvel for its time. It "included a compact electric drive weighing 286 pounds," writes the automotive news site Jalopnik, and could chug along at 22 mph.

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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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