Business

11:43am

Tue June 4, 2013
Money Coach

Why Your Boss Should Update Your 401(k) Plan

Originally published on Tue June 4, 2013 1:48 pm

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin, and this is TELL ME MORE from NPR News. Later in the program, we'll talk about a new poll about attitudes of African-Americans about issues like work, health, and relationships. It turns a lot of what you've been hearing in popular media on its head, so we hope you'll stick around for that conversation.

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9:52am

Tue June 4, 2013
The Two-Way

Lululemon's Pants Return With 'More Fabric Across The Bum'

Originally published on Tue June 4, 2013 10:19 am

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

See-through pants brought Lululemon (and some of its customers) unwanted attention back in March, as we reported at the time. They were pulled from shelves.

Now the yoga and running clothier says that thanks to "more fabric across the bum" and other design changes, the black pants are coming back to stores this month.

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9:21am

Tue June 4, 2013
The Two-Way

Another Report Shows Home Prices Taking A Big Jump

Originally published on Tue June 4, 2013 10:18 am

A sale pending sign in front of a home in San Francisco on May 28.
Justin Sullivan Getty Images

One week after the S&P/Case-Shiller indices showed a 10.9 percent jump in U.S. home prices from March 2012 to March 2013 — the biggest year-over-year gain in that data since April 2006 — there's another report showing a similar jump in April.

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5:30am

Tue June 4, 2013
Business

Business News

Originally published on Tue June 4, 2013 8:10 am

Transcript

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

NPR's business news starts with GM's continued revival.

Four years after being kicked out of the Standard & Poor's 500, General Motors returns to the index this week. The Detroit automaker will rejoin both the S&P 100 and 500 indices this Thursday after the stock market closes. GM replaces H.J. Heinz, which will no longer be a publicly traded company.

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5:30am

Tue June 4, 2013
Business

See-Through Problem Corrected, Lululemon Pants Are Back

Originally published on Tue June 4, 2013 8:10 am

Transcript

RENEE MONTAGNE, HOST:

And today's last word in business is back in black.

The news-making black yoga pants by the label Lululemon are back on store shelves and online. The sportswear company was forced to recall the pants two months ago because they were too sheer.

LINDA WERTHEIMER, HOST:

Lululemon blamed the see-through blunder on a style change and production problems. The retailer hired a new team to make the pants more opaque. The company said the fabric of the new pants has been put through an exhaustive range of tests.

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5:30am

Tue June 4, 2013
Business

Once High-Flying Game Company Zynga To Lay Off 520 Workers

Originally published on Tue June 4, 2013 8:10 am

Transcript

LINDA WERTHEIMER, HOST:

Things are not going do well for the online game maker Zynga. The once high-flying gaming company has been struggling and now plans to lay off almost 20 percent of its staff; that's more than 500 employees.

NPR's Wendy Kaufman reports.

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5:30am

Tue June 4, 2013
Business

Apple: Price-Fixing Charges 'Not True'

Originally published on Tue June 4, 2013 4:29 pm

Transcript

RENEE MONTAGNE, HOST:

Lawyers for Apple will be back in court today, defending the company against government charges that it conspired with publishers to fix eBook prices. All the major publishing houses settled months ago with the Justice Department.

But as NPR's Laura Sydell reports, Apple's lawyer told the court the company won't settle because it did nothing wrong.

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5:30am

Tue June 4, 2013
Business

Jello Tries Out Edgy Social Media Campaign

Originally published on Tue June 4, 2013 8:10 am

Transcript

LINDA WERTHEIMER, HOST:

Jell-O is jiggling up the Twitter-verse.

NPR's Travis Larchuk reports the wholesome brand has an edgy new social media campaign.

TRAVIS LARCHUK, BYLINE: Jell-O's classic commercials end on these five letters...

(SOUNDBITE OF JINGLE)

UNIDENTIFIED PEOPLE: (Singing) J-E-L-L-O!

LARCHUK: But on Twitter, the company's pared it down to just three letters, F-M-L.

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3:27am

Tue June 4, 2013
Parallels

High-Tech Sensors Help Old Port City Leap Into Smart Future

Originally published on Tue June 4, 2013 1:53 pm

The Spanish city of Santander is using a network of sensors to help improve services and save money. Incidents reported to Santander's command-and-control center, where the city manages data from sensors and smartphone reports made by citizens, are plotted on a map of the city.
Courtesy of the University of Cantabria

Aside from the occasional ferry down from England, the old Spanish port city of Santander doesn't get too many foreign visitors. So imagine the locals' surprise when delegations from Google, Microsoft and the Japanese government all landed there recently, to literally walk the streets.

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4:14pm

Mon June 3, 2013
Business

Investigation Continues At Troubled Hedge Fund

Originally published on Mon June 3, 2013 6:53 pm

Transcript

AUDIE CORNISH, HOST:

The federal probe of a hugely successful hedge fund may have investors ready to pull out much of their money. SAC Capital is under investigation for insider trading. Several published reports indicate outside investors are worried about that investigation and whether it will touch Steven Cohen, the firm's founder.

NPR's Jim Zarroli reports.

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