Business

5:09pm

Mon December 30, 2013
All Tech Considered

$0 Profits Couldn't Hold Back This Year's Tech Darlings

Originally published on Mon December 30, 2013 6:30 pm

Twitter made its debut on the New York Stock Exchange in November. Both the social media giant and the relative newcomer Snapchat are valued in the billions, but neither company has yet turned a profit.
Emmanuel Dunand AFP/Getty Images

Zero. That's the total amount of revenue created by Snapchat in 2013. It's the total profit collected by Twitter. And it's roughly how much Apple's stock price has increased between early last December and now.

Which makes you wonder: With all these zeros piling up, how are so many people in Silicon Valley making so much money from technology?

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4:38pm

Mon December 30, 2013
Business

Looking Ahead At The Next Top Tech IPOs

Every year, research firm CB Insights offers up a report on the fastest growing and most highly valued private companies in technology — basically, the ones most likely to go public. Audie Cornish speaks with Anand Sanwal, CB Insights' CEO, for a look at the top tech IPO's expected in 2014.

4:38pm

Mon December 30, 2013
Business

Mexican Auto Industry Revs Up For Big Year

Industry officials say they are on course to boost production to as many as 4 million autos annually. That's good news for Mexico but has many in the U.S. worried, especially as Audi gets ready to build a new luxury line plant in Mexico and not in the U.S.

3:17pm

Mon December 30, 2013
All Tech Considered

5 New Year's Resolutions From Women To Watch

Maya Penn
Marla Aufmuth TED

New Year's resolutions: Sometimes we make them; usually we break them. The annual goals are intended to bring out the best in us — but what if you're already extremely accomplished?

These five women have worked hard to help others, through businesses, innovation and writing. Four of them were speakers at the TEDWomen conference earlier in December in San Francisco (Katrina Alcorn was an attendee).

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6:02am

Mon December 30, 2013
Business

Japanese Vending Machines Sell Bras

Originally published on Mon December 30, 2013 7:42 am

In Japan, you can buy an incredible range of things from vending machines: bags of rice, fishing tackle or fresh flowers. And now you can add bras to that list — in particular the wireless "Fun Fun Week" bra.

5:53am

Mon December 30, 2013
Business

French High Court Approves 75 Percent Tax For Top Earners

Originally published on Mon December 30, 2013 7:42 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with a tax hike for la creme de la creme.

Yesterday, French President Francois Hollande's millionaires tax got the official go-ahead from the nation's Constitutional Council. Now all salaries over a million euros will be taxed at a rate of 75 percent.

Part of the tax hike will be shouldered by companies who are paying the higher salaries. Business leaders complain the new tax will only drive more entrepreneurs and wealthy into exile.

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5:25am

Mon December 30, 2013
Politics

If The NAFTA Vote Were Held Today, How Would It Fare?

Originally published on Mon December 30, 2013 7:42 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. It's been 20 years since President Bill Clinton signed into law a trade pact that wiped out many of the commercial barriers between the U.S., Canada and Mexico. The North American Free Trade Agreement was controversial. Although Congress in the end approved NAFTA, it divided lawmakers, and on both sides of the aisle.

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5:16am

Mon December 30, 2013
Number Of The Year

JPMorgan Chase Faces Regulatory issues

Originally published on Mon December 30, 2013 7:42 am

Morning Edition has been looking back at the year through numbers — and the number for today is $15 billion. That's the approximate amount JP Morgan Chase has agreed to pay out in various fines and settlements this year. The company is widely seen as a well-managed bank but it faces big regulatory problems and its legal bills are mounting.

3:22am

Mon December 30, 2013
Shots - Health News

$1,000 Pill For Hepatitis C Spurs Debate Over Drug Prices

Originally published on Thu February 6, 2014 3:43 pm

Federal regulators this month opened a new era in the treatment of a deadly liver virus that infects three to five times more people than HIV. Now the question is: Who will get access to the new drug for hepatitis C, and when?

The drug Sovaldi will cost $1,000 per pill. A typical course of treatment will last 12 weeks and run $84,000, plus the cost of necessary companion drugs. Some patients may need treatment for twice as long.

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3:22am

Mon December 30, 2013
All Tech Considered

Can Robots Manage Your Money Better Than You? Startups Say Yes

Originally published on Mon December 30, 2013 11:14 am

Several Silicon Valley entrepreneurs are developing services that manage consumers' investment portfolios with algorithms rather than people.
iStockphoto

Millions of people are turning their thoughts to self-improvement and New Year's resolutions this week. And one of the most common resolutions, after promises to lose weight or get in better shape, is to be better about money.

A handful of entrepreneurs in the Bay Area have taken note — and they believe the time has come for you to try a different way of managing your money.

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