Business

11:50am

Wed November 20, 2013
All Tech Considered

Russian App Wants E-Book Piracy To End, Happily Ever After

Originally published on Wed November 20, 2013 3:55 pm

Moscow-based app Bookmate has a subscription e-book service — similar to others on the U.S. market, but with more of a focus on targeting piracy in emerging literary markets.
Courtesty of Bookmate

In our Weekly Innovation series, we pick an interesting idea, design or product that you may not have heard of yet. Got an innovation you think we should feature? Fill out our form.

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11:35am

Wed November 20, 2013
All Tech Considered

Tech Team Podcast Episode 2: The Sharing Economy

Originally published on Wed November 20, 2013 5:13 pm

NPR correspondents Laura Sydell and Steve Henn introduce this week's tech team podcast from a garage in Silicon Valley.
Cindy Carpien NPR

Keeping with our just-started tradition, all the features that we do during our themed reporting week get a new home in a podcast on SoundCloud. The first episode featured kids and technology, this time around, our four stories on the sharing economy get freshened up and hosted by our Silicon Valley correspondents, Steve Henn and Laura Sydell. Just press play or download for your device.

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5:16am

Wed November 20, 2013
Business

DOJ Signals JPMorgan Deal Could Be Model For Other Cases

Originally published on Wed November 20, 2013 7:34 am

The Justice Department on Tuesday announced a landmark $13 billion settlement with JPMorgan Chase. That's the largest settlement the federal government has ever made with a single company. It's three times the BP Deepwater Horizon Oil Spill settlement.

4:44am

Wed November 20, 2013
Business

One By One, Businesses Reopen In Typhoon-Hit Tacloban

Originally published on Wed November 20, 2013 9:50 am

Since the typhoon hit the Philippines, doing business in the hardest-hit city of Tacloban has been next to impossible But on Wednesday, five gas stations, two hardware stores and several banks reopened.

4:44am

Wed November 20, 2013
Business

N.Y. Warehouse Owner Whitewashes Over Graffiti Haven

Originally published on Wed November 20, 2013 7:34 am

The paint covered up decade's worth of graffiti. The building, known as 5 Pointz, was one of the few legal places in New York for artists to practice graffiti.

4:44am

Wed November 20, 2013
Business

Ohio Wal-Mart Conducts Thanksgiving Food Drive For Its Workers

Originally published on Wed November 20, 2013 7:34 am

Transcript

STEVE INSKEEP, HOST:

Here in the United States, Wal-Mart is trying to play down accusations that it underpays its staff. An effort by employees at an Ohio Wal-Mart to collect food for fellow workers' Thanksgiving dinners has gone viral - and not in a good way.

M.L. Schultze, from member station WKSU, reports some see the food drive simply as people helping people.

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4:44am

Wed November 20, 2013
Business

Johnson & Johnson Said To Reach Deal On Artificial Hip Suits

Originally published on Wed November 20, 2013 7:34 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a giant hip check.

(SOUNDBITE OF MUSIC)

INSKEEP: You know, sort of like you'd have in basketball or hockey. Johnson & Johnson has agreed to pay out $2.5 billion to settle a lawsuit over faulty artificial hips. The medical products maker will reportedly pay 8,000 American patients $250,000 each for new hip replacement surgery. An additional $475 million will cover other health problems caused by the faulty device which is called the articular service replacement or ASR.

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4:44am

Wed November 20, 2013
Politics

Obama Concedes Botched Insurance Website Rollout Cost Time

Originally published on Wed November 20, 2013 7:34 am

The Obama administration is asking for people who've been turned off by the government's problem-plagued insurance website to come back. Officials say the website is working better now, though it's still far from fixed.

4:40pm

Tue November 19, 2013
Energy

California, Colorado Consider Tough Oil And Gas Regulations

Originally published on Tue November 19, 2013 5:54 pm

Colorado and California both just proposed new regulations for oil and gas production in their states. Both states have been pushed by environmental concerns to establish rules tougher than federal requirements. If Colorado's proposal goes ahead, it would be the first state in the nation to directly regulate methane. California also says its proposed rule would be the toughest in the nation. It regulates the engineering technique called hydraulic fracturing, or fracking.

4:40pm

Tue November 19, 2013
Business

Landmark Deal Will Force JPMorgan To Help Fight Blight

Originally published on Tue November 19, 2013 5:54 pm

A portion of the $13 billion JPMorgan Chase mortgage settlement will go to anti-blight measures across the country. One of the groups that might receive some of those funds is the Thriving Communities Institute in Cleveland, Ohio. Melissa Block talks with the non-profit's director, Jim Rokakis, about how the group tries to fight blight by establishing land banks, demolishing vacant properties and finding new ways to use the land.

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