Business

2:09pm

Sun November 24, 2013
Economy

Many Americans Will Be Giving Thanks For Lower Prices

Originally published on Mon November 25, 2013 1:11 pm

Gas prices are down compared with last year, but slumping consumer confidence could dampen Thanksgiving holiday travel.
Julio Cortez AP

When Americans drive to their Thanksgiving gatherings this week, they will have one more blessing to count: lower costs.

Gasoline is cheaper than last year. Turkey prices are down, too. And retailers are joining in, offering big discounts on TVs and other goods.

For people who watch every penny, this Thanksgiving will be a good time for pinching.

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5:51pm

Sat November 23, 2013
Business

What Have Mortgage Settlements Done For Homeowners Lately?

Originally published on Sun November 24, 2013 2:51 pm

JPMorgan Chase & Co. agreed to a $13 billion settlement over faulty mortgage securities with the Justice Department on Tuesday, though it did not admit any wrongdoing.
Emmanuel Dunand AFP/Getty Images

This week, JPMorgan Chase agreed to a $13 billion settlement with the Justice Department over the sale of faulty mortgage securities that led to the financial crisis. It's the largest settlement with a single company in U.S. history.

From that settlement, $4 billion must go to help the millions of families who saw the values of their homes plummet and who still struggle to keep up with mortgage payments.

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4:38pm

Sat November 23, 2013
Business

Electric Bus Fleet Brings Chinese Manufacturing To America

Originally published on Sat November 23, 2013 7:15 pm

BYD's North American headquarters is located in Los Angeles. Next year, the Chinese-based auto manufacturer will roll out electric buses in LA and Long Beach.
Daniel Hajek NPR

Public transit vehicles may be the key to China's success in the U.S. auto market. Chinese company BYD, based in Shenzhen, is manufacturing electric buses. It's an appealing option for a place like California, where emission standards are strict.

At BYD's North American headquarters in Los Angeles, one of the 40-foot electric K9 buses sits on display. BYD Fleet Sales Manager James Holtz sits in the driver's seat and pushes the power button on the dashboard.

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1:46pm

Sat November 23, 2013
The Salt

Pepsi Pressured To Fight Big Sugar's 'Land Grab'

Originally published on Sun November 24, 2013 12:15 pm

Tractors sit on a sugarcane plantation on the land of a Guarani-kaiow√° indigenous community in Brazil.
Tatiana Cardeal Courtesy Oxfam

The anti-poverty group Oxfam is asking Pepsi's shareholders to approve a resolution that, if passed, would force the company to disclose its sugar suppliers and investigate whether those suppliers are implicated in "land grabs" that unfairly take land from the poor.

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7:35am

Sat November 23, 2013
Economy

Who Gets JPMorgan's Settlement Cash?

Originally published on Sat November 23, 2013 11:18 am

Of the $13 billion settlement between JPMorgan and the Justice Department, $1.5 billion will go to underwater homeowners to help them avoid foreclosures. Host Scott Simon speaks with NPR economics correspondent Chris Arnold about how the settlement will be spent.

7:35am

Sat November 23, 2013
Health Care

Obamacare Offers New Ways To Invest

Originally published on Sat November 23, 2013 11:18 am

Transcript

SCOTT SIMON, HOST:

While there is widespread frustration over the rollout of the health insurance exchanges, some people see opportunities. Venture capitalists are thinking a lot about what the health care industry may look like in the future while they invest today. Annie Lamont has been a health care venture capitalist for over 30 years. She's a managing partner at Oak Investment Partners. And we asked her what opportunities she sees coming up in her field.

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5:57pm

Fri November 22, 2013
All Tech Considered

Hard-Core And Casual Gamers Play In Different Worlds

Originally published on Fri November 29, 2013 6:49 pm

Kelly Kelley, who goes by the gaming pseudonym MrsViolence, streams her play nightly for her many fans to watch.
Twitch.TV screenshot

This holiday season, the video game industry is looking to reignite sales as two game titans, Sony and Microsoft, launch the next generation of game consoles.

Their target demographic is the group of dedicated players known as hard-core gamers. Dive into the wide world of video game culture on YouTube and you'll hear that term being thrown about.

So what exactly is a hard-core gamer?

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5:01pm

Fri November 22, 2013
Business

JPMorgan Says It Broke No Law. So Why Pay The $13 Billion?

Originally published on Sat November 23, 2013 1:20 am

The U.S. government says JPMorgan Chase & Co. knowingly sold faulty mortgage-backed securities in the years leading up to the financial crisis. The bank says it's broken no laws.
Emmanuel Dunand AFP/Getty Images

State and federal regulators have hailed Tuesday's $13 billion settlement with JPMorgan Chase & Co. over faulty mortgage assets it sold in the years leading up to the financial crisis as a big victory for the judicial system.

But like other big settlements to emerge from the financial crisis, the deal leaves unclear just what the bank did wrong.

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5:01pm

Fri November 22, 2013
All Tech Considered

To Test-Drive A Concept Car, Fire Up The PlayStation

Originally published on Fri November 22, 2013 7:21 pm

Mercedes-Benz introduced its AMG Vision Gran Turismo concept vehicle at the Los Angeles Auto Show this week. This is just a model of the car; the fully functioning version is virtual.
Jae C. Hong AP

Drifting is one of those crazy things you should only do in a video game, but I got to experience it in real life at Willow Springs racetrack in the California desert with race car driver and expert drifter Dai Yoshihara.

Drifting, Yoshihara explains, is "a controlled slide through a series of corners at very high speed."

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3:03pm

Fri November 22, 2013
The Two-Way

$1.1 Million Dune Buggy: Youabian Makes Splash At LA Car Show

Originally published on Fri November 22, 2013 7:54 pm

The Youabian Puma has turned heads at the LA Auto Show, where attendees have been startled by its 20-foot length and unusual design.
Frederic J. Brown AFP/Getty Images

Some cars are meant to be beautiful; some cars are meant to serve a purpose. The makers of the Youabian Puma say their car was created with one goal: "to stand out and be unique." And that's what they've done, as dozens of howling headlines attest.

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