Business

4:47am

Fri November 8, 2013
Asia

China's Challenge: How To Keep Economic Boom Alive

Originally published on Fri November 8, 2013 7:44 pm

Office workers walk past China Dream propaganda boards, showing messages pushed by current Chinese President Xi Jinping's administration, on display near a construction site in Beijing on Oct. 8. The country's leaders are meeting this weekend to chart China's economic course.
Andy Wong AP

How do you keep the world's longest economic win streak alive?

That's the question China's leaders face at a meeting that opens Saturday in Beijing. The meeting, known as the Third Plenary Session of the 18th Communist Party of China Central Committee, is the most important of its kind in years, and for the planet's second-largest economy, a lot hangs in the balance.

In decades past, meetings like this have been game changers. Consider the one in 1978, when Deng Xiaoping officially shut the door on the chaotic Mao era.

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3:06am

Fri November 8, 2013
Shots - Health News

Persistence Pays Off For Uninsured Alaskan

Originally published on Fri November 8, 2013 10:17 am

Hairdresser Lara Imler used to be an accountant. She doesn't miss her old job, except for the insurance.
Annie Feidt

Despite all the problems with HealthCare.gov, a few dozen Alaskans have managed to enroll in a health plan through the marketplace. Lara Imler is one of them.

Imler, a 37-year-old hair stylist in Anchorage, ditched her office job as an accountant in 2004. She says she loves making people feel better about themselves and is a lot happier cutting hair than she was sitting in front of a computer. But she does miss one big thing about her old job: "I had health insurance, and it was wonderful."

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4:45pm

Thu November 7, 2013
All Tech Considered

On Twitter's IPO Day, A Look At How 5 Tech Stocks Have Fared

Originally published on Thu November 7, 2013 6:09 pm

Rick Wilking Reuters/Landov

As eyes turned to the markets on Twitter's first day of trading, NPR wondered how some other tech stocks have performed since their IPOs. (Twitter closed at $44.90 Thursday, about 73 percent above its IPO price of $26 a share.)

Some of these stocks have soared. Others have stumbled.

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4:32pm

Thu November 7, 2013
Planet Money

What Happened To Those TV Ads For Payday Loans?

Originally published on Thu November 7, 2013 6:51 pm

Western Sky

On TV this summer, you might have seen this ad with a smiling young woman offering help for all those troublesome bills.

"The problem-solver from Western Sky. Get up to $10,000 without collateral. Enough to pay off your payday advances, once and for all," she says.

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4:32pm

Thu November 7, 2013
All Tech Considered

Nick Bilton On Twitter's Creation Myth & 'Forgotten Founder'

Originally published on Fri November 8, 2013 10:21 am

A worker unveils a floor mat bearing the logo of Twitter on the floor of the New York Stock Exchange.
Andrew Burton Getty Images

On arguably the biggest day in Twitter's history, we wanted to look back to find out just how it all started, because like many Silicon Valley companies, its origin story is fraught.

That's the subject of Nick Bilton's new book, Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal. On Thursday, he chatted with All Things Considered host Audie Cornish about the 140-character service's complicated history, how Twitter made his book reporting easier and the forgotten founder of Thursday's stock darling.

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12:45pm

Thu November 7, 2013
The Two-Way

Super Mario Cut Interest Rates Today And That's Huge News

Originally published on Thu November 7, 2013 1:04 pm

Mario Draghi, president of the European Central Bank. Some say he's super.
Daniel Reinhardt DPA/LANDOV

Twitter's IPO is Thursday's sexy business story.

But the really big business news is that "the European Central Bank startled investors Thursday with a surprise cut in its benchmark interest rate." As The Associated Press adds, "The bank lowered the benchmark refinancing rate to a record low 0.25 percent from 0.5 percent."

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10:46am

Thu November 7, 2013
The Two-Way

Lululemon Founder: Our Pants Won't Work For Some Women

Originally published on Thu November 7, 2013 11:04 am

Some of the clothes at a Lululemon store in Pasadena, Calif., earlier this year.
Kevork Djansezian Getty Images

Eight months after the company he founded had a big public relations problem because too much of some women's backsides could be seen through its yoga pants, Lululemon founder Chip Wilson has put the story back in the news.

"Quite frankly, some women's bodies just actually don't work" in Lululemon's pants, Wilson said this week on Bloomberg Television's Street Smart.

"It's about the rubbing through the thighs," he added, and "how much pressure is there."

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10:10am

Thu November 7, 2013
Business

Twitter Makes Market Debut

The New York Stock Exchange is at the center of attention Thursday morning as Twitter goes public at $26 per share. That means company is expected to raise almost $2 billion. For the latest on this highly anticipated IPO, NPR's Zoe Chace talks with host David Greene.

8:27am

Thu November 7, 2013
The Two-Way

At First Glance, Economy Grew More Than Expected In 3Q

Originally published on Thu November 7, 2013 10:37 am

Looking for work: The scene at a job fair in Emeryville, Calif., last month.
Justin Sullivan Getty Images

This post was updated at 8:40 a.m. ET

The U.S. economy grew at a better-than-expected 2.8 percent annual rate in the third quarter, the Bureau of Economic Analysis reported Thursday morning.

That's a bit faster than the 2.5 percent pace of the second quarter. According to the BEA, consumer spending, inventory investment and exports helped fuel slightly stronger growth.

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6:56am

Thu November 7, 2013
The Two-Way

Twitter Pops To $44.90 A Share In Debut On Wall Street

Originally published on Thu November 7, 2013 6:43 pm

Will it fly? The Twitter bird logo was decorating a post on the floor of the New York Stock Exchange Wednesday.
Richard Drew AP

6 p.m. ET: Twitter Shares Close At $44.90

At the end of its first day of public trading, shares of Twitter were valued at $44.90, reflecting a market value of more than $31 billion. The company sold 70 million shares of stock, raising $1.82 billion in the process.

Earlier Thursday, the company's shares soared from their initial public offering price of $26.

2:35 p.m. ET:

As you can see if you click on the player below, Twitter's stock has been trading around $47 a share in recent minutes.

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