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6:04am

Tue October 16, 2012
Business

Manufacturers Financially Support Hiring Vets

Originally published on Tue October 16, 2012 10:45 am

Transcript

RENEE MONTAGNE, HOST:

And four major manufacturers say they will start offering financial support for the training of military veterans. The corporations are taking part in a program called Get Skills to Work Coalition. It has said its initial goal at training 15,000 vets.

NPR's Yuki Noguchi reports.

YUKI NOGUCHI, BYLINE: Unemployment among veterans has been falling, as it has for everyone else. The jobless rate among vets serving after 2001 now stands at 9.7 percent, but that's still about 2 percentage points higher than the general population.

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5:58am

Tue October 16, 2012
Television

A Check On How The Fall TV Season Is Going

Originally published on Tue October 16, 2012 10:45 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

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4:52am

Tue October 16, 2012
Business

The Last Word In Business

Originally published on Tue October 16, 2012 10:50 am

Snoop Dogg — who announced his reincarnation as Snoop Lion over the summer — is the newest spokesman for the microwaveable processed turnovers. In 2004, he had a hit, "Drop It Like It's Hot." Now he sings "Pocket Like It's Hot."

4:52am

Tue October 16, 2012
Business

Business News

Originally published on Tue October 16, 2012 10:45 am

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

NPR's business news starts with some shopping season indicators.

Black Friday, the height of the holiday shopping season, is a month and a half away but companies are already announcing significant seasonal hiring plans. The National Retail Federation says it expects strong holiday sales this year. Today, Amazon announced it is hiring 50,000 workers, thousands of whom it says, it will keep on after the holidays.

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3:01am

Tue October 16, 2012
Crisis In The Housing Market

Renters No More: Newbies Lured To Homeownership

Originally published on Tue October 16, 2012 10:45 am

Credit Wendy Kaufman / NPR

In many American communities, buying a home is now less expensive than renting. And with the economics tilting in favor of homeownership, many first-time buyers are jumping into the market.

After eight years of renting, Kitsy Roberts and her husband, Janko Williams, are practically giddy about their new Seattle home. And like proud parents, they are eager to show it off, from its historic details to its fresh paint.

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5:07pm

Mon October 15, 2012
Business

Red Bull's Brand As Powerful As Its Beverage

Originally published on Mon October 15, 2012 10:10 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

Yesterday millions of people watched a man free fall from 24 miles above earth, breaking the sound barrier, and then watched as Felix Baumgartner glided down into the New Mexico desert.

UNIDENTIFIED MAN #1: Here he's coming. And there you can see by the approaching shadow, he's just about there. (Unintelligible) the world record holder.

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5:05pm

Mon October 15, 2012
Business

Sprint Born From Railroad, Telephone Businesses

Originally published on Mon October 15, 2012 6:46 pm

Melissa Block explores the long family history of the companies that comprise what became Sprint. It all began in Kansas in the late 19th century and came to include a long distance system created by the Southern Pacific Railroad Internal Network Telecommunications, or SPRINT.

5:05pm

Mon October 15, 2012
Business

Softbank Buys $20 Billion Stake In Sprint-Nextel

Originally published on Mon October 15, 2012 6:46 pm

Japan's Softbank has announced it will spend $20 billion to take a majority stake in Sprint-Nextel. The deal will provide Sprint, the third largest carrier in the U.S. market, with some much needed cash. It also gives Softbank the opening it's been looking for to break into the U.S. market.

5:02am

Mon October 15, 2012
Business

Survey: Economy To Grow But Not Add A Lot Of Jobs

Originally published on Mon October 15, 2012 7:59 am

The U.S. economy will continue to grow throughout the rest of the year and in 2013, but at a tepid rate that fails to lower unemployment, according to a new survey of business economists. The forecast, from the National Association of Business Economists, also expects consumer spending to weaken.

4:52am

Mon October 15, 2012
Business

Softbank To Buy Majority Of Sprint Nextel

Originally published on Mon October 15, 2012 7:59 am

Japanese mobile phone company Softbank has announced it has agreed to buy 70 percent of Sprint Nextel for $20 billion. The deal would make Sprint Nextel a tougher competitor against its bigger rivals, Verizon Wireless and AT&T.

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