Business

11:39am

Wed December 11, 2013
The Two-Way

Lululemon Bets New Leaders Will Help It See Through Woes

Originally published on Wed December 11, 2013 12:27 pm

Lululemon clothes at a store in Pasadena, Calif.
Kevork Djansezian Getty Images

Yoga clothier Lululemon began the year with an embarrassing problem — pants that allowed way too much of women's bottoms to be seen through their sheer fabric.

Read more

11:37am

Wed December 11, 2013
The Salt

Robots Could Help Farmers Rein In Fertilizer Pollution

Originally published on Wed December 11, 2013 12:00 pm

Rowbot is designed to fit in between the rows of crops. Moving up and down each row, a fleet of 20 bots could fertilize and monitor the corn crops during the growing season.
Courtesy of Kent Cavender-Bares

Lately, robots have been taking over all kinds of jobs that humans used to do on the farm — from thinning lettuce to harvesting spinach.

Read more

7:19am

Wed December 11, 2013
Business

GM's New CEO Marks A Return To Tradition

Originally published on Wed December 11, 2013 10:10 am

Transcript

RENEE MONTAGNE, HOST:

And here's even bigger news from General Motors, it has chosen a woman as its next chief executive officer, a first in America's auto industry. She's an engineer at the company insider - which could be a lot more important to GM's future than her gender.

Michigan Radio's Tracy Samilton reports.

TRACY SAMILTON, BYLINE: Mary Barra follows in the wake of two CEOs from outside the auto industry. Dan Akerson ran a large private equity fund before taking the helm of GM. Before him, it was Ed Whitaker - a telecommunications guy.

Read more

6:56am

Wed December 11, 2013
Business

NYC Subway's Tardy Notes Take Off

Originally published on Wed December 11, 2013 10:10 am

New York's Metropolitan Transportation Authority says it provided over 8,000 subway delay verifications to commuters in October.

6:56am

Wed December 11, 2013
Business

It's The End Of The Road For VW's Iconic Van

Originally published on Wed December 11, 2013 10:10 am

The iconic Volkswagen van goes out of production this month in Brazil because of new government-imposed safety requirements. Some of the last of the hippy buses are now rolling off the line.

6:56am

Wed December 11, 2013
Business

GM Plans To Leave Australia

Originally published on Wed December 11, 2013 10:10 am

General Motors says high costs and a small market were behind its decision to stop making cars in Australia by 2017. This is fueling fears Toyota will follow suit, effectively killing Australia's auto industry. The GM move could see up to 40,000 auto workers lose their jobs.

6:14pm

Tue December 10, 2013
The Salt

Congressional Work On Farm Bill Likely To Spill Into 2014

Originally published on Tue December 10, 2013 7:14 pm

Senate Agriculture Committee Chairwoman Sen. Debbie Stabenow, D-Mich., and House Agriculture Committee Chairman Rep. Frank Lucas, R-Okla., during a Dec. 4 break in negotiations on the farm bill. On Tuesday, Stabenow said the bill likely won't pass Congress until January.
J. Scott Applewhite AP

House and Senate negotiators working to finish a farm bill say it is unlikely their work will be completed before the end of the year. The House is only in session for the rest of the week, and according to one of the negotiators, this week's snowy weather has delayed some numbers-crunching needed to figure out how much elements of a possible deal will cost.

"We're going to pass it in January," said Senate Agriculture Committee Chairwoman Debbie Stabenow, D-Mich., as she left a closed-door meeting to negotiate details of the five-year farm bill.

Read more

5:12pm

Tue December 10, 2013
Business

GM Gives A Woman The Keys To Drive Its Future

Originally published on Tue December 10, 2013 5:29 pm

Mary Barra speaks at the North American International Auto Show in Detroit earlier this year. General Motors has picked her to lead the company.
Rebecca Cook Reuters/Landov

She's not the first woman to head a global corporation.

Ginni Rometty runs IBM, and Indra Nooyi heads PepsiCo. Don't forget Ursula Burns at Xerox and Meg Whitman at Hewlett-Packard. There's Marissa Mayer at Yahoo.

Read more

4:49pm

Tue December 10, 2013
Shots - Health News

To Fight Meningitis Outbreak, Princeton Tries European Vaccine

The Ivy League school has begun vaccinating nearly 6,000 students to try to stop an outbreak of type B meningitis in an unusual federal government-endorsed administration of a drug not generally approved for use in the U.S.
Mel Evans AP

Princeton University has started vaccinating students against type B meningitis in an effort to stop an outbreak that's infected at least eight people.

The vaccine isn't approved for general use in the United States, though it is available in Europe, Australia and Canada. But the meningitis strain that hit the New Jersey campus isn't fazed by the vaccines typically used in the U.S. The Food and Drug Administration is allowing a Novartis vaccine that's usually sold in other countries to be administered on the Princeton campus.

Read more

4:29pm

Tue December 10, 2013
Business

Volcker Rule Sets Tough Standards, High Regulatory Expectations

Originally published on Wed December 11, 2013 12:30 pm

Transcript

AUDIE CORNISH, HOST:

For more on just how the Volcker rule will work and how it will be enforced, we're joined by Simon Johnson. He's professor at the MIT Sloan School of Management, and he's a member of the FDIC's systemic resolution advisory committee. Welcome to the program.

SIMON JOHNSON: Thanks for having me.

CORNISH: So let's talk more about proprietary trading. Give us some specific examples of this.

Read more

Pages