Business

3:10pm

Fri November 1, 2013
All Tech Considered

Tech Week That Was: Kids And Screens, NSA And Our Data

Originally published on Fri November 1, 2013 4:52 pm

A protester appears behind Gen. Keith Alexander, director of the National Security Agency, at a hearing of the House intelligence committee this week in Washington.
Alex Wong Getty Images

Each week, we round up the tech and culture stories from NPR and beyond. Let's do this, folks.

ICYMI

Read more

11:44am

Fri November 1, 2013
Parallels

London Wants To Be A Center Of Islamic Finance. Why?

Originally published on Fri November 1, 2013 1:56 pm

London's Shard building was built with Islamic financing.
Karen Prinsloo EPA /Landov

British Prime Minister David Cameron announced this week that he wanted London to become "one of the great capitals of Islamic finance anywhere in the world."

Cameron said Britain will issue sukuk, or Islamic bonds, valued at $320 million as early as next year.

But what does all that mean? We take a look:

What are Islamic bonds?

Read more

3:21am

Fri November 1, 2013
Planet Money

How Much Is NPR's Brand Worth? $400 Million!*

Originally published on Fri November 1, 2013 6:19 pm

Charles Dharapak AP

*This number is a very, very rough approximation

How much is a brand worth? Not the stuff a company sells, or the buildings and factories it owns. Just, basically, the name of the company — and all of the customer loyalty attached to that name.

Oscar Yuan's job is to answer this question. He's a vice president at the brand consulting firm Millward Brown Optimor.

Read more

3:17am

Fri November 1, 2013
The Salt

Can Starbucks Do For Tea What It Has Done For Coffee?

Originally published on Fri November 1, 2013 11:59 am

A pot of tea sits at the newly opened Teavana tea bar in New York City.
Spencer Platt Getty Images

Starbucks, which revolutionized the coffee industry, is now taking on tea. It has opened its first tea bar, and it's creating mixed tea beverages, some even more complex and customized than the coffee beverages we all know.

This first store, on Madison Avenue in Manhattan, has minimalist decor: gray soft seats, charcoals, chestnut browns. Teavana teas line one wall. Beakers filled with colored liquids greet you at the entrance.

Read more

5:34pm

Thu October 31, 2013
Business

More Foreign Firms Look To Make It In The USA

Originally published on Fri November 1, 2013 1:44 pm

Acura MDX sport utility vehicles roll off the assembly line at a Honda plant in Lincoln, Ala., in May. Overseas investors have U.S. assets totaling nearly $4 trillion, including auto plants, banks and mines.
Joe Songer AL.com/Landov

When many Americans hear the word "globalization," they think: "jobs going overseas."

And sometimes it does mean just that.

But as globalization knits nations closer together, foreign companies increasingly are creating jobs in the United States, not luring them away. Despite the Great Recession, slow recovery and political dysfunction in Washington, the United States remains a top destination for the world's wealth.

Read more

5:08pm

Thu October 31, 2013
Business

Delta CEO: Washington's Fiscal Gridlock Is Holding U.S. Back

Originally published on Thu October 31, 2013 6:01 pm

With economic uncertainties in Washington, how is big business planning for the future? Robert Siegel talks to Delta Airlines CEO Richard Anderson about whether he's planning to grow his company or put off investments until the economy evens out.

5:08pm

Thu October 31, 2013
Economy

Economic, Political Volatility Cloud Housing Recovery

Originally published on Thu October 31, 2013 8:30 pm

Despite a strong housing market this year, experts say the recent economic drama has contributed to less stability in real estate.
Steven Senne AP

Housing has been one of the bright spots in the economy this year. This week, a report showed that home prices in the top 20 cities continued their robust upward march in August. There are also far fewer foreclosure sales and other signs of distress in the market.

But the Federal Reserve expressed concern Wednesday about the slowing housing market. Pending home sales fell far more than expected. And housing experts are bracing for some volatility.

Read more

4:12pm

Thu October 31, 2013
Parallels

Thinking Of Working Abroad? Read This

Originally published on Fri November 1, 2013 11:33 am

This is one reason why Thailand is so popular with expats: Michal Navratil of the Czech Republic dives during the 2013 Red Bull Cliff Diving World Series in Krabi, Thailand, last week.
Dean Treml Red Bull/Getty Images

Thinking of living and working abroad for the experience? For those already doing it, Asia seems to be the preferred destination.

The HSBC 2013 Expat Survey asked 7,000 expatriates in 100 countries to rate nations on three factors: economics, experience and raising children.

China topped the list, followed by Germany, Singapore, Cayman Islands and Australia. The U.S. was No. 12.

Read more

4:11pm

Thu October 31, 2013
Parallels

The Billionaire Who Personified Brazil's Boom Goes Bust

Originally published on Thu October 31, 2013 6:14 pm

Batista appears with Brazilian President Dilma Rousseff during a ceremony in celebration of the start of oil production by OGX, Batista's oil and gas company, in 2012. The company filed for bankruptcy Wednesday.
Ricardo Moraes Reuters /Landov

He was boastful, he was brash and he came to represent a booming Brazil that was finally taking its place as an economic powerhouse on the world stage.

Eike Batista had the cars: a Mercedes McLaren worth a quarter of a million dollars parked in his living room; the boat, called "the Pink Fleet," and the women: He was married to a former Playboy model and a Carnival queen.

Read more

3:08pm

Thu October 31, 2013
The Salt

Candy Sales Are Flat; The Industry Blames The Weather

Halloween candy is offered for sale at a Walgreens store on September 19, 2013 in Wheeling, Illinois.
Scott Olson Getty Images

Halloween candy sales have been flat over the last few years. And candy makers point to several reasons, including one I hadn't thought of: bad weather.

"The past two years have been plagued with major weather disruptions in key celebration regions," Jenn Ellek of the National Confectioners Association tells us in an email.

Read more

Pages