Business

2:58am

Tue November 5, 2013
Shots - Health News

Call Centers Got Big Deals Under Health Law, But How Big?

Originally published on Tue November 5, 2013 5:08 am

Do you have questions about the bronze plan?
iStockphoto.com

Before the Affordable Care Act was even open for enrollment, Viviana Alvarado was already taking calls from people who wanted to know more.

She and about 40 of her colleagues are staffing the phones for Maximus, the company Connecticut has contracted to run its call center.

The government contractors running the troubled HealthCare.gov website have been under intense scrutiny in the past month, but those businesses aren't the only ones being paid to rollout Obamacare.

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5:46pm

Mon November 4, 2013
Business

SAC Capital To Pay $1.2 Billion Insider Trading Settlement

Originally published on Mon November 4, 2013 7:42 pm

Transcript

AUDIE CORNISH, HOST:

As we mentioned a few minutes ago, the hedge fund company SAC Capital has agreed to plead guilty to criminal charges of insider trading. The agreement with the Justice Department also calls for a huge fine, $1.2 billion. And as NPR's Jim Zarroli reports, the company will also be barred from taking money from outside investors.

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5:46pm

Mon November 4, 2013
Business

Johnson & Johnson To Pay $2.2 Billion Settlement

Originally published on Mon November 4, 2013 7:42 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish at NPR West in California.

MELISSA BLOCK, HOST:

I'm Melissa Block in Washington, D.C.

And we begin this hour with news of two huge corporations, each of them resolving criminal and civil allegations in two separate cases. One is the hedge fund SAC, pleading guilty to insider trading. The other, pharmaceutical giant Johnson & Johnson, paying $2.2 billion to settle criminal and civil investigations. And we'll start with that story.

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5:46pm

Mon November 4, 2013
Business

Twitter Ups Share Price Ahead Of IPO

Originally published on Mon November 4, 2013 7:42 pm

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block in Washington.

AUDIE CORNISH, HOST:

And I'm Audie Cornish at the studios of NPR West in Culver City, California. We're going to kick things off this hour with All Tech Considered because much of my focus out here this week will be tech. In a moment, I'll introduce you to a Silicon Valley company that has revolutionized the way we watch sports on TV, but first, to the week's biggest tech story.

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4:31pm

Mon November 4, 2013
All Tech Considered

Sportvision Wants To Take You (Home) To The Ballgame

Originally published on Tue November 5, 2013 3:26 pm

Sportvision uses helicopter and water-based platforms to superimpose the national flags of competing teams over broadcasts of the America's Cup sailing competitions.
Courtesy of Sportvision

These days, you'd be forgiven if you're more excited about watching the "big game" — whether that's football, basketball, hockey — on TV rather than from inside a sports arena. At least, that's a trend that the Chicago-based sports graphics company Sportvision is banking on.

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2:45pm

Mon November 4, 2013
Shots - Health News

Johnson & Johnson To Pay $2.2 Billion In Marketing Settlement

Originally published on Mon November 4, 2013 4:00 pm

The schizophrenia drug Risperdal was at the heart of government investigations into improper marketing that stretched back more than a decade.
JB Reed Bloomberg via Getty Images

Like professional baseball, the drug industry may need to slap asterisks next to some of its standout sales accomplishments.

Johnson & Johnson became the latest drugmaker to reach a costly agreement with the federal government over charges of improper marketing. The widely anticipated settlement, unveiled Monday, covers Natrecor, a drug for congestive heart failure, and antipsychotics Risperdal and Invega.

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12:07pm

Mon November 4, 2013
Business

SAC Capital Agrees To Plead Guilty To Insider Trading

Originally published on Mon November 4, 2013 5:28 pm

Transcript

DAVID GREENE, HOST:

NPR's business news starts with a guilty plea.

(SOUNDBITE OF MUSIC)

GREENE: SAC Capital Advisors is expected to plead guilty to securities fraud today. The hedge fund company has agreed to pay $1.8 billion to settle charges of insider trader. It's said to be the biggest fine ever in a case like this. The settlement will be announced at a news conference later today in New York City. And that's where we've reached NPR's Jim Zarroli. And Jim, explain for us, if you can, what SAC has actually agreed to here.

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12:07pm

Mon November 4, 2013
Business

BlackBerry Abandons Plans To Sell Itself, Replaces CEO

Originally published on Mon November 4, 2013 12:39 pm

A few weeks ago, the smartphone maker announced it had signed a letter of intent to sell the company valued at $4.7 billion to Fairfax Financial Holdings. Instead, in a statement released Monday, BlackBerry announced it will receive a $1 billion investment from Fairfax Financial and others. BlackBerry CEO Thorsten Heins will step down and be replaced by interim CEO John Chen.

11:23am

Mon November 4, 2013
The Two-Way

Pop In A Cassette And Celebrate? Chrysler's Minivans Are 30

It was radical in its day: Chrysler's minivans first rolled off assembly lines in November 1983. This is one of those original model year 1984 editions.
AP

Depending on how many hours you spent in the backseat being tortured by a sibling or how many hours you spent in the driver's seat being forced by your kids to listen to Beat It, this may not be an anniversary you wish to celebrate.

And the honoree has many critics who say it was just darn ugly when it debuted in 1983.

But there are those who seem to be looking back with fondness on the now 30-year-old life of the Chrysler minivan. After all, it's a vehicle that basically created a market that didn't exist, was imitated by others and became a cultural icon.

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9:17am

Mon November 4, 2013
The Two-Way

BlackBerry Abandons Sales Plans, Will Replace CEO

Originally published on Mon November 4, 2013 10:43 am

BlackBerry's CEO Thorsten Heins officially unveils the Z10 smartphone in January.
Timothy A. Clary AFP/Getty Images

BlackBerry says it is abandoning a $4.7 billion deal to sell the struggling mobile company to a consortium of investors lead by Fairfax Financial Holdings Limited.

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