Business

8:37am

Sat January 4, 2014
The Two-Way

'Cheers And Jeers' As Boeing Machinists Narrowly OK Contract

Many of the machinists were not happy late Friday when it was announced that Seattle-area workers had approved a new contract with Boeing.
David Ryder Reuters/Landov

There were "cheers and jeers" from rank-and-file union members late Friday when it was announced that a key new contract with aircraft maker Boeing had been approved by a bare majority vote, our colleagues at Seattle's KPLU report.

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4:43pm

Fri January 3, 2014
Arts & Life

'Playboy' Gets Pranked: Group Flips The Script On Sex

Originally published on Fri January 3, 2014 8:43 pm

You can't buy these panties at your local Victoria's Secret. While they mimic the look of that brand's Pink line, they're actually part of a project by FORCE: Upsetting Rape Culture.
Courtesy of FORCE

Rebecca Nagle sometimes finds herself asking the question: What would Hugh Hefner say?

"The only sex that is good is when it's good for everyone," she says, laughing. "And I've only ever had good sex."

Hefner didn't actually say that. Nagle wrote it.

"But you can really imagine Hugh Hefner saying that," she insists.

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4:43pm

Fri January 3, 2014
Business

How NAFTA Helped The Mexican Billionaires' Club

Originally published on Mon January 6, 2014 3:50 pm

Carlos Slim Helu (left) talks with Steve Forbes of Forbes magazine. The magazine lists the Mexican telecom mogul as the world's richest man, with a net worth of $73 billion.
Jeremy Piper AP

When the North American Free Trade Agreement was being negotiated, supporters promised it would increase the income of Mexicans. And the middle class did grow in Mexico over the past two decades. But it's clear that Mexico's ultrarich are among its big winners.

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12:23pm

Fri January 3, 2014
The Two-Way

Ford Tops Resurgent U.S. Car Industry, 2013 Sales Results Show

Originally published on Fri January 3, 2014 1:58 pm

Ford says it sold the most F-series trucks since 2006. Here, a 2014 F-150 goes through quality control on the assembly line at Ford's Dearborn Truck Plant.
Bill Pugliano Getty Images

Ford and GM are calling 2013 the best year for U.S. auto sales in at least five years. On Friday, they reported double-digit annual gains, while Chrysler reported an increase of 9 percent for its strongest year since 2007.

The new sales figures reflect a continuing turnaround from the struggles that led to a federal bailout in recent years. Here are highlights from each company's report:

Ford

  • Retail sales were up 14 percent in 2013, as Ford sold 2,493,918 vehicles.
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11:03am

Fri January 3, 2014
Economy

Could Salary Bump Mean Economic Slump?

Minimum wage workers in 13 states will see a bump in their paychecks this year. Host Michel Martin talks about the possible ripple effects of raising minimum wages. She's joined by Bloomberg Businessweek contributor Roben Farzad and NPR Senior Business Editor Marilyn Geewax.

7:06am

Fri January 3, 2014
Business

Beanie Baby Creator Faces Jail Time For Evading Taxes

Originally published on Fri January 3, 2014 7:51 am

H. Ty Warner has asked a judge for probation. He's scheduled to be sentenced later this month for evading taxes on a secret Swiss bank account.

6:55am

Fri January 3, 2014
Business

Cybersecurity Merger Ups FireEye's Stock Price

Originally published on Fri January 3, 2014 7:51 am

Transcript

DAVID GREENE, HOST:

NPR's business news begins with securing cyberspace.

(SOUNDBITE OF MUSIC)

GREENE: All right, we're talking about a $1 billion deal here. The cybersecurity company FireEye has bought Mandiant. Mandiant gained some fame last year. They exposed a secretive branch of the Chinese military that was hacking into the computer networks of over 100 multinational companies.

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4:39am

Fri January 3, 2014
Business

Visitors To Colorado Will Find Few Legal Places To Smoke Pot

Originally published on Fri January 3, 2014 7:51 am

Transcript

DAVID GREENE, HOST:

Recreational marijuana has been on sale in Colorado for a couple days now. And pot shops there have been surprised by the long lines of customers. Many people have been coming in from out of state hoping to be among the first to buy recreational pot legally.

But as Colorado Public Radio's Ben Markus reports, tourists are finding there are few legal places to smoke it.

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4:39am

Fri January 3, 2014
Business

Machinists To Vote On Boeing's Latest Contract Offer

Originally published on Fri January 3, 2014 7:51 am

Transcript

RENEE MONTAGNE, HOST:

And a vote takes place today that could have a major impact on the economy in and around Seattle. The giant airplane maker Boeing is threatening to move thousands of jobs away from the Seattle region unless 30,000 unionized Boeing workers vote to accept cuts to retirement and health benefits.

Ashley Gross of member station KPLU has the story.

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8:43pm

Thu January 2, 2014
The Two-Way

Consortium Threatens To Pull Plug On Panama Canal Expansion

Originally published on Fri January 3, 2014 10:09 am

Men sit by the side of the Panama Canal as a ship sails past in Gamboa near Panama City, last month. The expansion project is aimed at accommodating the world's largest container ships.
Arnulfo Franco AP

Cost overruns are threatening to shut down a multibillion-dollar expansion of the Panama Canal aimed at allowing the world's largest ships to pass through the short cut between the Caribbean and the Pacific Ocean.

A European consortium funding the project says it won't continue the work until Panama coughs up the extra cash — which amounts to $1.6 billion over and above an original $3.2 billion bid to build a third set of locks.

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