Business

5:07am

Mon November 25, 2013
Health Care

Health Exchanges Brace For A December Deluge

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

The race is on to get the federal insurance website HealthCare.gov working smoothly by the end of November.

And it's not just because that's what federal officials have promised. December could see a surge in demand for health insurance.

"There is an avalanche coming," says Bryce Williams, managing director for exchange solutions at the benefits consulting firm Towers Watson.

Read more

5:07am

Mon November 25, 2013
Business

China Pits Hollywood Blockbusters Against Each Other

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

The 3D space epic Gravity made $35.5 million over its first weekend in China. Catching Fire, the second in the Hunger Games franchise opened two days later. The China Film Group says it does that to "create a space for domestic movies to survive and grow."

2:55am

Mon November 25, 2013
Code Switch

Hollywood's New Strategy: Supporting Chinese-Made Blockbusters

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

Hollywood's version of Iron Man 3 shown in China played down the rather unfortunately named baddie, The Mandarin, played by Ben Kingsley.
Marvel

If you've seen the 2012 science fiction movie Looper, you might remember a telling exchange when a time-traveling hitman (Bruce Willis) sits down with a young version of himself (Joseph Gordon-Levitt) and offers some advice.

"You should go to China," Willis says firmly.

Gordon-Levitt resists: "I'm going to France."

Read more

2:52am

Mon November 25, 2013
Middle East

Crippled By Sanctions, Iran's Economy Key In Nuclear Deal

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

A man pushes his cart loaded with fuel containers in Tehran, Iran. Sanctions on Iran's oil have put a serious dent in the country's economy, pushing up the inflation rate to 40 percent.
Vahid Salemi AP

Some of the sanctions against Iran will be eased under an agreement reached between Iran and six world powers over the weekend. In return, Iran promises to temporarily curb part of its nuclear program.

There's widespread agreement that sanctions have worked, squeezing Iran financially and bringing its leaders to the negotiating table. Iran's economy is, by any measure, in terrible shape.

Read more

5:52pm

Sun November 24, 2013
Business

Reviving Las Vegas With Less Sin, More City

Originally published on Mon November 25, 2013 7:38 am

In Nevada, there is no income tax. And if you've ever been to Las Vegas then you know why — they don't need one.

More than 30 million tourists a year stumble down the Las Vegas Strip, and many of those tourists come to gamble, leaving behind a ridiculous amount of money. For decades, business boomed.

Read more

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.

Read more

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.

Read more

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.

Read more

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-kaiowá 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.

Read more

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.

Pages