Business

10:00am

Mon December 2, 2013
Shots - Health News

Uninsured Fret About Getting Health Coverage By New Year's Day

Originally published on Mon December 2, 2013 12:07 pm

For Tambra Momi, who has Dercum's disease, health coverage can't come soon enough.
Courtesy of Tambra Momi

Tambra Momi has been eagerly awaiting the promise of guaranteed health insurance.

Since 2011, she has battled Dercum's disease, a rare and painful condition in which noncancerous tumors sprout throughout her body, pressing against nerves.

Jobless and in a wheelchair, Momi needs nine different drugs, including one costing $380 a month, to control the pain and side effects. No insurer has been willing to cover her, she says, except a few that have taken her money and then refused to pay for her medications.

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9:04am

Mon December 2, 2013
The Two-Way

Delivery By Drone? Amazon Says A New Era Looms

Originally published on Mon December 2, 2013 12:21 pm

In an image taken of a test flight, an Amazon Prime Air drone carries a package. The online retailer could begin 30-minute deliveries within four to five years, CEO Jeff Bezos told 60 Minutes Sunday.
Amazon

Amazon is looking at drastically reducing its delivery times — to 30 minutes or less — as it plans a new service called Prime Air that it says could debut in a few years. In an interview on CBS' 60 Minutes, CEO Jeff Bezos said the giant online retailer plans to use semi-autonomous drones to carry purchases to customers.

That's got tech experts buzzing about whether the idea will fly.

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4:50am

Mon December 2, 2013
Business

Companies Revisit 'Rank And Yank' of 1980s

Originally published on Mon December 2, 2013 1:27 pm

Longtime General Electric CEO and management icon Jack Welch popularized a management style in the 1980s that critics dubbed "rank and yank." The system ranks employees — with under-performers getting yanked from their jobs or the company. This old practice is in the news again. Microsoft recently did away with it. But other companies are embracing it.

4:50am

Mon December 2, 2013
Business

Besides The Olympics, What Will $50 Billion Get You?

Originally published on Mon December 2, 2013 1:27 pm

Transcript

STEVE INSKEEP, HOST:

Now let's try to put that nearly $50 billion price tag for the Sochi games in context. And we've turned to the website BuzzFeed for help with this. Our last word in business today is: $50 billion.

That's enough to buy all 32 NFL teams, we're told.

RENEE MONTAGNE, HOST:

Or it's more than the entire economy of Costa Rica.

INSKEEP: It is almost five times Hollywood's domestic box office.

MONTAGNE: It's enough for 18 Oprahs.

INSKEEP: Although, can you really put a price tag on Oprah? I don't think so.

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4:50am

Mon December 2, 2013
Business

Russian Companies Fret Over Cost Of Sochi Games

Originally published on Mon December 2, 2013 1:27 pm

Transcript

RENEE MONTAGNE, HOST:

In just a couple of months, the Russian Black Sea resort of Sochi will host the Winter Olympics. Russia is reportedly spending nearly $50 billion on those games, which would be an Olympic record. To finance venues and housing, one of Russia's state-owned banks lent about $7.5 billion to an elite group of industrialists who are helping bankroll the games. Now, those investors are getting a little nervous.

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4:50am

Mon December 2, 2013
Business

Planet Money Explores The Economics Of T-Shirts

Originally published on Thu December 5, 2013 2:19 pm

NPR

Our Planet Money team is making a T-shirt and following the shirt around the world as it gets manufactured — from the farms where the cotton is grown to the factories where the shirts are sewn together. All this week on Morning Edition and All Things Considered we'll be hearing stories about the fascinating world behind that T-shirt.

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4:50am

Mon December 2, 2013
Business

Coast Guard Proposes Rule For Transporting Fracking Leftovers By Barge

Originally published on Mon December 2, 2013 1:27 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with fracking leftovers.

(SOUNDBITE OF MUSIC)

INSKEEP: Fracking, I said fracking. The controversial process used to extract natural gas produces millions of gallons of wastewater. Now to cut costs, energy companies want to transport that leftover water on barges. But, the U.S. Coast Guard has concerns.

Katie Colaneri of member station WHYY reports.

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2:56am

Mon December 2, 2013
Business

Could Hawaii Become A Same-Sex Wedding Destination?

Originally published on Mon December 2, 2013 1:27 pm

Sunset on the Hawaiian island of Maui.
iStockphoto

Starting Monday, same-sex marriage is legal in Hawaii. The state has long been a destination for weddings and honeymoons. And now state officials, as well as hotels and restaurants, are hoping the latest marriage-equality law will spur a new market for wedding tourism.

Wedding planner Keane Akao is showing off a secluded beach wedding site, one of several on the Hawaiian island of Oahu.

"You can use the beach for pictures," he tells a couple, "and this is actually called Secret Beach."

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5:44pm

Sun December 1, 2013
Business

Bentley, Once An Exclusive Car, Trying To Become 'Mainstream'

Originally published on Sun December 1, 2013 7:55 pm

Transcript

ARUN RATH, HOST:

It's ALL THING CONSIDERED from NPR West. I'm Arun Rath.

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8:24am

Sun December 1, 2013
Economy

Planet Money Makes A T-Shirt

Originally published on Mon December 2, 2013 8:55 am

Transcript

RACHEL MARTIN, HOST:

This is WEEKEND EDITION from NPR News. I'm Rachel Martin. Earlier this year, NPR's Planet Money team decided to make a T-shirt for their fans.

ZOE CHANCE, BYLINE: What does it say?

UNIDENTIFIED MAN: Let meput it on. Planet Money. Wow.

MARTIN: But this bit of public radio garb was different. This shirt would come with an autobiography. The Planet Money team set out to understand how the T-shirt was made and just who made it - from cotton field to final stitch. Alex Blumberg of Planet Money explains.

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