Business

10:55am

Wed August 14, 2013
All Tech Considered

Man Learns How Not To Launch A Site For Women

Originally published on Wed August 14, 2013 3:02 pm

Bryan Goldberg is founder and CEO of Bustle.com, a new site targeting female audiences.
Courtesy of Bryan Goldberg

Bustle.com is a new women's site staffed by editors and writers from traditionally female-oriented organizations like Glamour and Seventeen but founded and led by a man, Bryan Goldberg. His previous venture was the multimillion-dollar sports site Bleacher Report. In announcing the launch of his new lady-targeted venture Tuesday, he wrote:

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9:54am

Wed August 14, 2013
The Two-Way

Is Europe's Recession Really Over? It's Too Soon To Say

Originally published on Wed August 14, 2013 11:29 am

The line outside an employment office in Madrid last October. Spain's economy has been among the hardest hit in Europe.
Dominique Faget AFP/Getty Images

These headlines this morning make it sound like Europe's economy is up and running again:

-- "Euro Area Exits Longest Recession on Record." (Bloomberg News)

-- "Euro Zone Emerges from Recession." (The Wall Street Journal)

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7:45am

Wed August 14, 2013
The Two-Way

AOL CEO Apologizes For Public Firing

Originally published on Wed August 14, 2013 12:51 pm

Tim Armstrong, the CEO of AOL.
Michael Kovac Getty Images for AOL

After several days of brutal criticism and commentary about the brutal way he fired a man during a conference call, AOL CEO Tim Armstrong is now apologizing.

"I am writing you to acknowledge the mistake I made last Friday during the Patch all-hands meeting when I publicly fired Abel Lenz," Armstrong says in an email to AOL employees, which Mashable has posted here.

Armstrong adds that:

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5:36am

Wed August 14, 2013
Latin America

Top Foreign Real Estate Buyers In Miami Are Brazilians

Originally published on Wed August 14, 2013 9:16 am

Transcript

GREG ALLEN, BYLINE: I'm Greg Allen, in Miami. To gauge the impact of Brazilians here, you only need to go downtown and look up.

(SOUNDBITE OF MACHINERY)

ALLEN: Just a few years after the housing downturn, in Miami, once again, cranes and construction crews are hard at work building high-rise condominiums. Thousands of units are going up all over town, and many are being built for Brazilians.

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5:36am

Wed August 14, 2013
Business

Eurozone Shows Signs Of Economic Improvement

Originally published on Wed August 14, 2013 9:16 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with growth in the eurozone.

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

It looks like Europe's long recession is finally over. Statistics out this morning shows signs of growth across the eurozone after a year and a half of declining numbers.

GREENE: It will take time and stronger growth to reverse the high unemployment of many countries but politicians are hailing the figures as an end to the dark years.

NPR's Eleanor Beardsley sent this report.

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5:36am

Wed August 14, 2013
Business

Does More Vacation Mean Happier Workers?

Originally published on Wed August 14, 2013 9:16 am

August means many parts of the world are virtually shut down with many workers off on summer holiday. A recent blog post in The Atlantic took on the question: Does more vacation mean happier workers? Some data suggests not so much.

5:36am

Wed August 14, 2013
Law

Feds Sue To Block Proposed Airline Merger

Originally published on Wed August 14, 2013 9:16 am

Transcript

DAVID GREENE, HOST:

And let's hear now about a proposed airline merger. In a surprise move, the Justice Department announced yesterday that it will try to stop American Airlines and U.S. Airways from becoming one. This is largely because of two other mergers that made both Delta and United Airlines much bigger. Those deals were approved back in 2008 and 2010. Now, as NPR's Wade Goodwyn reports from Dallas, the government seems determined to change course.

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5:36am

Wed August 14, 2013
Business

Heard It Through The Grapevine: Raisin Grower Goes Rogue

Originally published on Fri August 16, 2013 6:26 am

Transcript

DAVID GREENE, HOST:

Now, the story of a man many call an outlaw. His crime: growing raisins and then deciding to sell them all. His case made it all the way to the Supreme Court.

Planet Money's Zoe Chace has the story.

ZOE CHACE, BYLINE: You might imagine that such an ordinary thing like a raisin works the same way lots of other stuff works. The raisin grower takes his sun-dried grapes and sells them, as many as he can to whoever wants them. That's not what happens.

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3:05am

Wed August 14, 2013
The Salt

Listeria Outbreak Still Haunts Colorado's Cantaloupe Growers

Originally published on Wed August 14, 2013 1:48 pm

A melon washing station sprays cantaloupes with clean water and sanitizer.
Kristin Kidd

Two years after cantaloupe were linked to one of the worst foodborne outbreaks in U.S. history, lawyers have filed a fresh round of lawsuits. Meanwhile, farmers are trying to win back customers after their signature crop was tarred by a broad brush.

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3:04am

Wed August 14, 2013
The Record

Why Steinway Is Likely To Be Sold To A Hedge Fund Manager

Originally published on Tue September 10, 2013 11:16 am

The Steinway Musical Instruments factory in Queens, N.Y.
Ilya Marritz

Steinway & Sons, the 160-year-old musical instrument maker, is set to change hands.

Last month, a private equity firm emerged as the company's likely buyer. But a mystery bidder — rumored to be hedge fund manager John Paulson — has swooped in at the last minute, and now looks likely to take control of one of the oldest manufacturers in the United States. Paulson made billions betting against the housing market at a time when many thought housing prices could only go up. His reported offer for the company is $458 million.

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