Business

8:53am

Tue January 28, 2014
The Two-Way

Obama To Raise Minimum Wage For Federal Contracts

Originally published on Tue January 28, 2014 11:06 am

President Obama, working at his desk Monday night on the eve of his 2014 State of the Union address.
Jacquelyn Martin AP

News broke this morning that President Obama will announce during his State of the Union address tonight that he's going to sign an executive order raising the minimum wage in new federal contracts.

And as stories about that were popping up on news sites, one of the president's top advisers was on Morning Edition saying that Obama has "warmed up to" the idea of using such executive orders to advance his agenda.

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7:37am

Tue January 28, 2014
Business

P&G To Roll Out Chocolate-Flavored Crest

Originally published on Tue January 28, 2014 8:20 am

Mint Chocolate Trek is one of three new flavored toothpastes P&G has announced. The other two: Lime Spearmint Zest and Vanilla Mint Spark. Procter and Gamble says the dessert flavored toothpastes are as effective on teeth as any toothpaste.

4:58am

Tue January 28, 2014
Business

Paid Leave Laws Catch On Across the Nation

Originally published on Tue January 28, 2014 12:55 pm

Activists hold signs during a rally for paid sick leave at New York's City Hall last year.
Mary Altaffer AP

This month, Rhode Island became the third state in the nation to offer workers paid family leave to care for a loved one. And on Tuesday, Newark, N.J., became the latest in a small wave of cities to mandate paid sick leave.

The policies cover both public and private sector workers, and a dozen more areas are considering some variation of them.

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4:58am

Tue January 28, 2014
Politics

Capitol Hill Lawmakers Reach Bipartisan Farm Bill

Originally published on Tue January 28, 2014 8:20 am

Transcript

STEVE INSKEEP, HOST:

All that took was a two year delay. House and Senate negotiators last night reached a compromise on the Farm Bill. That legislation deals with agriculture, of course, and also governs the federal food stamp program, from which billions will be cut. Derek Wallbank of Bloomberg News has been covering this story. He's on the line. Welcome to the program.

DAVID WALLBANK: Thank you very much for having me.

INSKEEP: So what took Congress so long?

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4:58am

Tue January 28, 2014
Planet Money

White House Reminds Firms Not To Overlook Long-Term Jobless

Originally published on Tue January 28, 2014 8:20 am

Transcript

STEVE INSKEEP, HOST:

Here's another item likely to be part of tonight's State of the Union address: helping the long term unemployed. The president is expected to announce that some of America's firms have signed a pledge not to discriminate against the long term unemployed when they're hiring. This week, the president plans to meet with many of the CEOs of those companies. NPR's Zoe Chace from our Planet Money team reports on the surprising experiment that, in part, lead to this meeting.

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4:58am

Tue January 28, 2014
Economy

Researchers Examine Gap Between Rich And Poor

Originally published on Tue January 28, 2014 8:20 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with income inequality.

(SOUNDBITE OF MUSIC)

INSKEEP: President Obama has dropped a few hints that one of the themes of his State of the Union address tonight will be the growing gap between the rich and the poor. He recently called economic mobility and inequality the defining challenge of our times. So is it?

Harvard researchers have been examining this question, including a co-author of a study, Nathan Hendren.

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9:19pm

Mon January 27, 2014
All Tech Considered

Tech Leader Quasi-Apologizes For His Nazi Rampage Analogy

Originally published on Wed January 29, 2014 4:09 pm

Tom Perkins is a prominent Silicon Valley venture capitalist and the author of the novel, Sex and the Single Zillionaire.
Eric Risberg AP

Multi-millionaire Silicon Valley venture capitalist Tom Perkins tried to apologize — kind of — for comparing the protests against the techno-affluent to Kristallnacht, the 1938 Nazi rampage that led to 91 killings and 30,000 Jews sent to concentration camps.

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5:56pm

Mon January 27, 2014
Economy

The Middle Class Took Off 100 Years Ago ... Thanks To Henry Ford?

Originally published on Wed January 29, 2014 1:17 pm

Ford's use of a moving line reduced a car's assembly time from 12 hours to 93 minutes, but this made the work repetitive for workers like the ones here, who are making flywheels. So Ford paid workers $5 a day, an extraordinary amount at the time.
AP

The home of the Ford Model T is now an abandoned factory complex along busy Woodward Avenue in Highland Park, Mich., and there's not much to distinguish this place from Detroit's other industrial ruins.

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5:32pm

Mon January 27, 2014
The Two-Way

U.S. Agencies, Tech Firms Agree To Rules On Surveillance Info

Originally published on Mon January 27, 2014 6:53 pm

Internet companies that receive U.S. government requests for information about their customers will be able to disclose more details about surveillance than has been allowed, according to a deal announced today by the Justice Department.

The shift will allow technology and communications companies "to publish the aggregate data ... relating to any orders issued pursuant to the Foreign Intelligence Surveillance Act (FISA)" — and in more ways than had been previously allowed.

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1:28pm

Mon January 27, 2014
The Two-Way

NYT: NSA Can Exploit Mobile Apps For Information

Originally published on Mon January 27, 2014 4:53 pm

The National Security Agency, along with its British counterpart, the GCHQ, can exploit sometimes very personal data that leaks from popular phone apps.

That's according to The New York Times, which is basing its reporting on secret British documents obtained by former NSA contractor Edward Snowden.

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