Business

3:43am

Mon December 23, 2013
Planet Money

A Locked Door, A Secret Meeting And The Birth Of The Fed

Originally published on Mon December 23, 2013 12:01 pm

J.P. Morgan: Not a pussycat.
Hulton Archive Getty Images

In 1907, the U.S. economy was in the grip of a financial crisis. Unemployment was up. The stock market was down.

People started panicking. They were lining up overnight to pull their money out of healthy banks. This can be deadly for an economy: Healthy banks have to shut down, businesses can't get credit, they lay people off, and the economy gets worse.

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3:27am

Mon December 23, 2013
Shots - Health News

Colorado Takes Health Plans To People Shopping For Groceries

Originally published on Mon December 23, 2013 11:38 am

The Colorado health exchange van stops at a shopping center in Fort Collins.
Eric Whitney for NPR

Despite White House and state efforts to promote the Affordable Care Act, some people still don't have health insurance, or any idea how to sign up for it.

Take Corryn Young, a 32-year-old dental hygienist in Fort Collins, Colo. She knows she needs to get health insurance but is a little vague on the details.

"What my income would qualify me for, when I need to be signed up, what type of deductibles they have to offer — that kind of stuff overwhelms me," Young says.

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3:24am

Mon December 23, 2013
Energy

Could Big Batteries Be Big Business In California?

Originally published on Mon December 23, 2013 11:12 am

Strong gusts in Palm Springs, Calif., generate plenty of energy, thanks to turbine farms. But being able to store all of that energy is just as important.
Kevork Djansezian Getty Images

The California Public Utilities Commission has called on utilities and private companies to install about $5 billion worth of batteries and other forms of energy storage to help the state power grid cope with the erratic power supplied by wind and solar energy.

The need to store energy has become urgent because the state is planning to get a third of its electricity from renewable sources by the end of the decade. And the shift in strategy could open up some big opportunities for small startups, including one called Stem.

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2:30am

Mon December 23, 2013
Business

After Target's Data Breach, Customer Incentive Disappoints

Originally published on Mon December 23, 2013 9:06 am

Justin Sullivan Getty Images

Target is trying to get back in its customers' good graces after a massive data breach affecting some 40 million credit and debit account holders. The giant retail chain offered its customers a 10 percent discount over the weekend as an act of atonement, but business was said to be down anyway.

The breach affected customers who used their credit and debit cards at one of Target's 1,750 stores during a three-week period after Thanksgiving.

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5:00pm

Sun December 22, 2013
Games & Humor

In The World Of Pinball, An Underdog Takes On The Giant

Originally published on Sun December 22, 2013 6:53 pm

For more than a decade, Stern Pinball was the only manufacturer of pinball machines. The Chicago-based company's last rival closed down in 1999.

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10:05am

Sun December 22, 2013
Economy

Shark Attacks And Economic Growth: A Correlation Theory

Originally published on Sun December 22, 2013 2:33 pm

In studying the connection between economics and yearly trends in what he calls "shark-human interactions," shark attack expert George Burgess spotted a pattern. NPR's Rachel Martin asks Burgess about going to the beach.

5:10am

Sun December 22, 2013
The Salt

Flying This Holiday? Here Are A Few Tips To Survive Airline Food

Originally published on Thu December 26, 2013 9:56 am

Dan Pashman of The Sporkful podcast suggests saucy pastas over meat: "They tend to hold up better to the chilling and reheating process."
iStockphoto

When you think about a scrumptious meal, airline food does not come to mind.

There are plenty of challenges to tasty airline meals, like the fact that many airlines now charge you for anything more than a tiny bag of chips and a plastic cup of non-alcoholic drink, at least on domestic flights. Plus, you can't cook on an airplane, so anything you're served has probably been chilled, then reheated. And flight delays certainly don't help with the freshness factor.

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5:14pm

Sat December 21, 2013
The New And The Next

The Secrets Of Great Cooking And Great Business

Originally published on Sat December 21, 2013 10:28 pm

Aya Brackett

The online magazine Ozy covers people, places and trends on the horizon. Co-founder Carlos Watson joins All Things Considered regularly to tell us about the site's latest feature stories.

This week, Watson tells host Arun Rath about an Iranian-American chef hoping to bring basic cooking genius to the masses, and the "CEO Whisperer" who is a secret weapon for many powerful business leaders.

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5:46pm

Fri December 20, 2013
Number Of The Year

The Cost To Keep The Home Team At Home May Not Be Worth It

Originally published on Mon December 30, 2013 7:52 pm

Atlanta Mayor Kasim Reed announces that the city will demolish Turner Field after Major League Baseball's Atlanta Braves leave for a new stadium in the suburbs in 2017. Reed says it was a hard decision but he thinks the city will be better for it.
David Goldman AP

$498 million — that's how much the state of Minnesota and the city of Minneapolis have agreed to pay as their share of a new, nearly $1 billion football stadium for the Minnesota Vikings. Team owner Ziggy Wilf says he believes Minnesotans got a fair deal.

And as it turns out, the deal is pretty standard. But is it fair? Increasingly, privately owned sports teams aren't just asking for newer, fancier digs. They're also asking the public to pay half — or more — of the bill.

Hidden Costs Add Up

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5:42pm

Fri December 20, 2013
Planet Money

Will A Computer Decide Whether You Get Your Next Job?

Originally published on Sat December 21, 2013 6:46 pm

In an effort to hire better job candidates, some companies are replacing paper resumes with tests designed to collect big data from job applicants.
Mark Lennihan AP

Xerox runs 175 call centers around the world. In all, the centers employ more than 50,000 customer service agents who deal with questions about everything from cellphone bills to health insurance.

Teri Morse, who is in charge of recruiting all those people, says the company had a problem: It was hiring people who just weren't a good fit.

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