Business

4:45am

Thu January 9, 2014
Politics

50 Years Later, How The Politics Of Poverty Evolved

Originally published on Fri January 10, 2014 10:21 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

This week, and in the coming year, we're marking the anniversary of a famous declaration. It's been 50 years since President Lyndon Johnson called for an unconditional war on poverty in his first State of the Union Address after the assassination of President Kennedy.

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4:35am

Thu January 9, 2014
Business

Macy's To Cut Jobs, Close Stores In Reorganization

Originally published on Fri January 10, 2014 10:21 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with layoffs at Macy's.

(SOUNDBITE OF MUSIC)

MONTAGNE: Macy's has announced it's letting go 2,500 employees and closing five stores as part of a major reorganization. The company says it will save $100 million a year with the changes. It will also move hundreds of employees to its other department stores and to the company's online operation.

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4:34am

Thu January 9, 2014
Politics

Sen. Rubio Proposes States Fight Poverty With Federal Funds

Originally published on Fri January 10, 2014 10:21 am

Republican Sen. Marco Rubio of Florida delivers a speech on reforming antipoverty programs on the 50th Anniversary of President Johnson's declaration of the "War on Poverty."
Kevin Dietsch UPI/Landov

It was a two-step move for Republicans at the Capitol Wednesday: to both praise the sentiment of the War on Poverty – but also to critique it.

"We are here to mark the 50th anniversary of President Johnson's declaration of the War on Poverty," said Rep. Steve Southerland of Florida. "And while this war may have been launched with the best of intentions, it's clear we're now engaged in a battle for attrition."

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3:47am

Thu January 9, 2014
The Salt

Blending Red Wine With Porter Ale: A Crossover Beer Worth The Buzz?

Originally published on Fri January 10, 2014 10:21 am

Sebastian Zutant is the owner of The Red Hen restaurant in Washington, D.C. He's also a sommelier. He and a friend at DC Brau have developed their own beer-wine mashup.
Allison Aubrey NPR

If you're a beer lover and your significant other tends more toward wine, is there a drink that can satisfy both of you?

How about a beer-wine mashup, combining two of mankind's oldest beverages?

"To me, it's kind of the magic in the middle," says Sebastian Zutant, sommelier and owner of the D.C. restaurant The Red Hen.

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3:37am

Thu January 9, 2014
The Salt

The Fruits Of Free Trade: How NAFTA Revamped The American Diet

Originally published on Fri January 10, 2014 10:21 am

Walk through the produce section of your supermarket and you'll see things you'd never have seen years ago — like fresh raspberries or green beans in the dead of winter.

Much of that produce comes from Mexico, and it's the result of the North American Free Trade Agreement — NAFTA — which took effect 20 years ago this month.

In the years since, NAFTA radically changed the way we get our fruits and vegetables. For starters, the volume of produce from Mexico to the U.S. has tripled since 1994.

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2:54am

Thu January 9, 2014
The Two-Way

Loehmann's To Liquidate; Macy's Cuts Jobs In Reorganization

Originally published on Thu January 9, 2014 12:21 pm

Discount retailer Loehmann's, which has been in business for more than 90 years, will begin liquidating its inventory on Thursday.

A bankruptcy court in Manhattan on Wednesday authorized three outside groups to conduct "going out of business" sales for the retailer.

The company blamed its demise on declining economic conditions, intense competition from other off-price and outlet retailers as well as competition online.

Loehmann's has 93 stores in 11 states.

Macy's To Reorganize

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6:06pm

Wed January 8, 2014
Business

News Or Ad? Online Advertisers Hope You'll Click To Find Out

Originally published on Thu January 9, 2014 11:11 am

Buzzfeed is among a growing number of outlets using native advertising online. The ads mimic the site's look and style, and some link to pages almost indiscernible from a typical Buzzfeed page.
screengrab/Buzzfeed.com

The New York Times unveiled a major redesign of its digital offerings Wednesday. With a new scroll feature, readers will never again have to click to read the second half of a story, and the site is crafted to appeal to a mobile audience.

But the redesign has also embraced a controversial shift in journalism: Some posts on the site that look like articles are reported and written by people working for the paper's advertisers.

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5:53pm

Wed January 8, 2014
Economy

As Temps Drop, Gas Prices Rise, Along With Demand For Fuel

Originally published on Mon February 10, 2014 4:18 pm

Propane cylinders sit on the grounds of Blue Rhino, a propane gas company, in Tavares, Fla. In the Midwest, farmers needed more propane for crops that came in later than normal.
Gerardo Mora Getty Images

Cold weather this week has boosted demand for heating fuels across the country. Natural gas prices are up, especially in the Northeast. At one point prices for natural gas into New York City jumped nearly tenfold from an average winter price of $5.68 per million BTU to $55.49, according to Bentek Energy, an analytics company.

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4:21pm

Wed January 8, 2014
The Salt

This GMO Apple Won't Brown. Will That Sour The Fruit's Image?

Originally published on Wed January 8, 2014 10:29 pm

Soon after being sliced, a conventional Granny Smith apple (left) starts to brown, while a newly developed GM Granny Smith stays fresher looking.
Courtesy of Okanagan Specialty Fruits Inc.

If you (or your children) turn up your nose at brown apple slices, would you prefer fresh-looking ones that have been genetically engineered?

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4:07pm

Wed January 8, 2014
All Tech Considered

TV Makers Look To Pack More Pixels Into Your Home TV With 4K

Originally published on Wed January 8, 2014 8:21 pm

Hollywood studios are wary of "ultra HD" or 4K TV making people more picky about what they watch in cinemas. But first, the TVs have to become mainstream.
Gero Breloer AP

Companies from Sony and Samsung to Netflix and Google's YouTube are putting their money into TVs that pack more pixels. Several models are on display at the International Consumer Electronics Show in Las Vegas this week.

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