Business

12:13pm

Fri September 6, 2013
The Two-Way

Antitrust Monitor Ordered For Apple Over E-Book Price Fixing

Originally published on Fri September 6, 2013 12:44 pm

Amazon's Kindle e-reader. Apple has been ordered to submit to a monitor to ensure it doesn't fix prices on e-books in future.
David McNew Getty Images

A federal judge who found Apple guilty of colluding with publishers in an e-book price-fixing scheme ordered the tech giant on Friday to modify its contracts and submit to oversight to make sure it doesn't happen again.

The injunction issued by U.S. District Judge Denise Cote in Manhattan against orders the iPad maker to hire an external compliance monitor for two years to supervise the company's antitrust compliance efforts, The Associated Press reports.

Cupertino, Calif.-based Apple says it plans to appeal.

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12:04pm

Fri September 6, 2013
Economy

Five Years After Wall Street Collapsed, What's Changed?

Originally published on Mon September 16, 2013 10:36 pm

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. Later, it sounds like a bad walks-into-a-bar joke, but it wasn't. Recently, a representative of the KKK had a sit-down with members of the NAACP. This took place in Casper, Wyoming. Reporter Jeremy Fugleberg was there for the whole thing, and tells us what happened. That's in just a few minutes.

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8:45am

Fri September 6, 2013
The Two-Way

Jobless Rate Ticks Down To 7.3 Percent; 169,000 Jobs Added

Originally published on Fri September 6, 2013 2:30 pm

A recruiter for Cigna greets a job seeker at a career fair in Philadelphia over the summer.
Mark Makela Reuters /Landov

The nation's jobless rate dipped to 7.3 percent in August from 7.4 percent in July as 169,000 jobs were added to public and private payrolls, the Bureau of Labor Statistics estimated Friday morning.

The figures were roughly in line with what economists had been expecting to hear.

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7:51am

Fri September 6, 2013
The Two-Way

'Pretty Solid Jobs Report' Likely; Will Fed Then Dial Back?

Originally published on Fri September 6, 2013 9:35 am

The scene last month at a "Beyond the Dream" job fair in Brooklyn, N.Y. Data on the month's job growth and unemployment rate are due Friday morning.
Spencer Platt Getty Images

Economists expect to hear that about 180,000 jobs were added to payrolls and that the nation's unemployment rate held steady at 7.4 percent last month when the Bureau of Labor Statistics issues its highly anticipated report about the August employment situation at 8:30 a.m. ET.

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6:39am

Fri September 6, 2013
Parallels

Istanbul, Madrid, Tokyo Vie For Olympics, But Is It Worth It?

Originally published on Fri September 6, 2013 8:47 am

Fireworks at closing ceremony of the 2012 Summer Olympics in London.
Alastair Grant AP

The International Olympic Committee will decide Saturday on the host of the 2020 Summer Games. Istanbul, Madrid and Tokyo are vying for the honor.

As our reporters noted on Morning Edition, these are all world-class cities with strong selling points, but they also face some serious challenges.

Istanbul

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5:05am

Fri September 6, 2013
Business

Millennials Force Car Execs To Rethink Business Plans

Originally published on Fri September 6, 2013 12:40 pm

Transcript

STEVE INSKEEP, HOST:

Let's focus like a laser on this next story. For the last month, NPR and Youth Radio have been reporting on the changing relationship between the millennial generation and the automobile.

UNIDENTIFIED WOMAN: When I try to imagine my dream car, I draw a blank and then I reach for my phone.

UNIDENTIFIED MAN #1: The symbol of freedom isn't the car anymore.

UNIDENTIFIED MAN #2: I'm not sure that any car company really understands this generation of buyers.

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5:05am

Fri September 6, 2013
Business

Bidding War Breaks Out For Small Strip Of Land

Originally published on Fri September 6, 2013 12:40 pm

Transcript

RENEE MONTAGNE, HOST:

And today's last word in business is: Bidding War.

The real estate market has been heating up in some popular locations - like the Hamptons.

STEVE INSKEEP, HOST:

And this week, two Wall Street types competed for a narrow lot bordering both of their properties there. And when we say narrow, the strip of land is almost 1,900 feet long - 1900 feet long and one foot wide.

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5:05am

Fri September 6, 2013
Parallels

India's New Central Banker Steps Into A Perfect Storm

Originally published on Fri September 6, 2013 8:54 pm

Raghuram Rajan, the new head of the Reserve Bank of India, has his work cut out for him. India's economic growth has crashed, its currency has plunged and prices are up.
Rajanish Kakade AP

Raghuram Rajan, the new governor of India's central bank, swept into office this week infusing a sense of optimism.

He announced hard-headed measures Wednesday that remove uncertainty that has characterized the Reserve Bank of India's moves.

By Friday, Indian equities and the rupee were clawing back.

But analysts say the exuberance — and honeymoon with the suave MIT-trained economist — is unlikely to last.

After decadelong high growth rates, India is now the sick man of Asia.

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5:05am

Fri September 6, 2013
Economy

Fed Watches Friday's Jobless Data For Signs To End Stimulus

Originally published on Fri September 6, 2013 12:40 pm

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Good morning.

Let's try to figure out what today's unemployment report means. NPR's John Ydstie has been following the story. He's in our studios. John, good morning once again.

JOHN YDSTIE, BYLINE: Good morning, Steve.

INSKEEP: OK. What are the numbers first?

YDSTIE: Well, 169,000 new jobs were added to payrolls in August, according to the government report.

INSKEEP: OK.

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5:05am

Fri September 6, 2013
Business

G-20 Fears An End To Fed's Quantitative Easing

Originally published on Fri September 6, 2013 12:40 pm

Transcript

STEVE INSKEEP, HOST:

Leaders of the world's largest economies complete their summit in St. Petersburg, Russia today.

NPR's Corey Flintoff reports this meeting has been marked by a growing divide between the most highly developed nations and emerging economies.

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