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5:14am

Thu September 20, 2012
Business

Business News

Originally published on Thu September 20, 2012 6:32 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news begins with good news for Google.

(SOUNDBITE OF MUSIC)

INSKEEP: The search giant is expected to be the top firm in online display advertising revenue this year, according to analysts at the industry news site eMarketer. If their prediction comes true - if - Google will unseat the reigning online ad champ Facebook, which would be a blow for Facebook, which only last year managed to beat back the previous top-earner, Yahoo.

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5:14am

Thu September 20, 2012
Business

The Last Word In Business

Originally published on Thu September 20, 2012 6:43 am

Transcript

RENEE MONTAGNE, HOST:

Our last word in business today is: the rich getting richer.

Forbes magazine just came out with its yearly list of the 400 richest Americans. Their combined net worth increased 13 percent since last year.

STEVE INSKEEP, HOST:

Here are some of the people who can certainly afford any kind of phone they want: Bill Gates, Warren Buffett, Larry Ellison, the Koch brothers and the children of Wal-Mart founder Sam Walton.

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5:14am

Thu September 20, 2012
Business

Correction To Taxpayer Stories

Originally published on Thu September 20, 2012 5:19 am

Transcript

STEVE INSKEEP, HOST:

We also have a correction for you this morning. Two reports in our air in recent days listed Americans who do not pay income taxes, and those lists included mentions of active duty-military service members. Those statements were too broad.

RENEE MONTAGNE, HOST:

Military personnel do pay federal income tax. But there are exemptions for some, including those who are serving in designated combat zones.

(SOUNDBITE OF MUSIC)

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5:14am

Thu September 20, 2012
Business

American Airlines Warns Its Eliminating Jobs

Originally published on Thu September 20, 2012 5:27 am

American Airlines is notifying more than 11,000 employees that they might get laid off. The move is part of the company's ongoing bankruptcy reorganization which continues to be rocky.

5:14am

Thu September 20, 2012
Business

Samsung Keeps Up Patent Fight Against Apple

Apple and Samsung remained locked in their high stakes patent dispute. A Silicon Valley jury last month ordered Samsung to pay Apple more than $1 billion for infringing on its patents. Samsung is fighting in court and with a new aggressive marketing campaign for its Galaxy smartphones.

3:32am

Thu September 20, 2012
Planet Money

Insurance Companies Send Out Rebate Checks; Economists Get Nervous

Originally published on Thu September 20, 2012 5:41 pm

Credit iStockphoto.com

Nearly 13 million Americans have gotten, or will soon be getting, rebates from their health insurance companies. This is because of a provision in the Affordable Care Act (aka Obamacare) that's supposed to force insurance companies to run better.

But while the idea of getting a check from your health insurance company may sound great, some economists worry this rule could actually make health insurance more expensive.

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4:33pm

Wed September 19, 2012
The Two-Way

Google, Amazon, eBay, Facebook Among Those Forming New Lobbying Group

Originally published on Wed September 19, 2012 4:55 pm

The big names on the Internet are forming a new lobbying group they hope will influence lawmakers when it comes to privacy and piracy.

The Washington Post reports that Google, Amazon, eBay, Facebook and 10 other Web companies formed the Internet Association to counter any efforts to issue new rules for their industry.

The Post adds:

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3:21pm

Wed September 19, 2012
U.S.

Smoke Cleared, Texas Gun Owners Remain Wary

Originally published on Wed September 19, 2012 8:09 pm

Texas state Rep. Wayne Christian was born two blocks from where he now lives in what is called Deep East Texas.

"We were not wealthy people, [we were] common laborers, but that was typical in rural East Texas at that time," he says.

When he was growing up, Christian says, by first or second grade, an East Texas boy would accompany his father or grandfather on a hunting trip. But before a boy got a gun, he had to learn how to act — how to address the other men respectfully, to watch how it worked.

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1:13pm

Wed September 19, 2012
The Two-Way

Chick-fil-A Welcome In Chicago, Alderman Says, After Renewed Pledge Of Respect

Originally published on Wed September 19, 2012 3:23 pm

Credit Tom Pennington / Getty Images

Chicago Alderman Proco "Joe" Moreno, who led the opposition in his city to the opening of a Chick-fil-A restaurant there because of company President Dan Cathy's outspoken stand against same-sex marriage, now says he won't stand in the fast-food chain's way.

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11:10am

Wed September 19, 2012
The Salt

McRib Fans May Have To Wait Till Christmas For Their Sandwich Fix

Originally published on Wed September 19, 2012 12:21 pm

Credit Ruocaled / Flickr.com

It's not quite as iconic as falling leaves, crisp air, and football, but the McDonald's McRib is usually something folks look forward to enjoying in the autumn months. Not happening this year, according to a company memo obtained by Advertising Age.

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