Business

5:30am

Tue December 24, 2013
Business

Target's Troubles Mount After Payment Data Breach

Originally published on Wed December 25, 2013 7:24 am

Transcript

DAVID GREENE, HOST:

NPR's business news begins with a legal bullseye on Target.

OK. More than a dozen customers have now filed lawsuits against the retail giant. This is after Target's security was breached and information from nearly 40 million credit and debit cards were stolen.

NPR's Sonari Glinton reports that the company is in full defense mode.

SONARI GLINTON, BYLINE: Target has offered credit monitoring to its consumers. It's taken to every social medium to get out its story. That's while the first lawsuits have begun to poor in.

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2:56am

Tue December 24, 2013
All Tech Considered

Check Out These Gorgeous, Futuristic Tech Company Headquarters

Originally published on Wed December 25, 2013 7:24 am

Architect's rendering of Apple's new facility
Courtesy of City of Cupertino

This past year, many of the best known technology firms were actively designing and building new corporate offices. It's the first time Silicon Valley giants like Apple, Google and Facebook have done so from the ground up. The same is true for Amazon, which is building in Seattle.

All of these projects are still in their early stages, but perhaps the most talked about and architecturally ambitious project that broke ground this year is the Apple headquarters building in Cupertino, Calif. It was a project near and dear to the late Steve Jobs.

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4:32pm

Mon December 23, 2013
Digital Life

How To Protect Yourself And Your Data After Target Hacker Breach

Originally published on Mon December 23, 2013 5:56 pm

It was reported that some 40 million people may have been victims of a hacking spree at Target recently. What should people who may have been in that group do now to protect themselves and their accounts? Robert Siegel speaks with Mark Rasch, a security expert and former Department of Justice cyber crime prosecutor, for more advice for those who may have been affected.

4:31pm

Mon December 23, 2013
Economy

The President And A Majority of Americans Want A Minimum Wage Hike

Originally published on Tue December 24, 2013 1:16 pm

Transcript

ROBERT SIEGEL, HOST:

Here's a number for you: 725. That's the minimum hourly wage in the United States, as set by the federal government. It hasn't budged in four-and-a-half years. President Obama is pushing to increase it. Some state and local governments are doing that on their own. As 2013 draws to a close, we're hearing about the year in numbers

Today, NPR's Scott Horsley on 725.

SCOTT HORSLEY, BYLINE: 725 is a number that Mary Coleman knows all too well.

MARY COLEMAN: I work at Popeye's here in Milwaukee. I make $7.25 an hour.

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4:29pm

Mon December 23, 2013
Economy

1.3 Million Americans Prepare For Life After Unemployment Checks

Originally published on Thu December 26, 2013 10:52 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

American economic numbers have been stronger lately. Consumer spending rose in November, according to the Commerce Department today. Last week, there were strong growth numbers and unemployment in November sank to a five-year low, seven percent. For many Americans that is not reassuring. We'll hear in this segment about those who are still not working and those making minimum wage.

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4:22pm

Mon December 23, 2013
Health Care

Insurers Dismayed Over Obamacare Rule Changes

Originally published on Mon December 23, 2013 5:56 pm

At the last minute, the Obama administration gave consumers more time to sign up for health insurance starting Jan. 1. People will now have until the end of Christmas Eve, giving them an additional day. The administration hopes a late surge of enrollments will boost numbers, which have lagged far behind expectations. The insurance industry is hoping the same thing. But it is also expressing dismay over recent changes to the law that allow some people to opt out of the individual mandate or purchase plans otherwise prohibited under the law.

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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