Business

7:23am

Tue September 3, 2013
The Two-Way

For Microsoft, Nokia's Phones Are 'Key To Everything'

Originally published on Tue September 3, 2013 12:52 pm

That's a Nokia Lumia 820 smartphone snapping an image of a Windows icon.
Dado Ruvic Reuters/Landov

Here's why Microsoft says its $7.2 billion deal to buy Nokia's smartphone business as well as that company's patents and services makes sense.

"It all starts with the phone," writes PCWorld, in a piece that analyzes why "the phone is key to everything."

According to the magazine:

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5:39am

Tue September 3, 2013
Business

New York's Dairy Farmers Squeezed By Greek Yogurt Boom

Originally published on Tue September 3, 2013 2:01 pm

The recent yogurt boom of upstate New York has meant more jobs in places like the Chobani plant in South Edmeston, but it has not led to a bigger dairy herd in the state.
Mike Groll AP

Upstate New York has lugged around the Rust Belt identity for decades now.
But today, the region is trying on a new reputation as the king of yogurt — especially the high-protein Greek yogurt that consumers crave.

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5:37am

Tue September 3, 2013
Business

Verizon Buys Out Vodafone To Acquire Wireless Company

Originally published on Tue September 3, 2013 10:54 am

Transcript

(SOUNDBITE OF THEME MUSIC)

STEVE INSKEEP, HOST:

NPR News business news starts with Verizon in total control.

At least for the wireless network. Yesterday, we told you Verizon was on the way to approving one of the biggest deals in the history of the telecommunications business. And now we can tell you the deal is sealed. The company will pay $130 billion in cash and stock to the British company Vodafone to acquire Vodafone's share of their joint wireless venture.

NPR's Jim Zarroli reports.

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5:29am

Tue September 3, 2013
Business

Will Microsoft's Nokia Deal Shake Up Mobile?

Originally published on Tue September 3, 2013 1:30 pm

Nokia was the only large phone manufacturer in the world to commit to selling phones running Microsoft's operating system. Now Microsoft is buying Nokia's mobile phone business.
Timothy Clary AFP/Getty Images

Nokia was once the largest mobile phone manufacturer in the world, the most valuable company in Europe and an icon in its home base of Finland. But the rise of Apple and Android smartphones knocked the company on its heels.

Now comes news that Microsoft is buying Nokia's mobile phone business for $7.2 billion. NPR's Steve Henn answers some questions about the deal.

So what is Microsoft getting here?

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5:15am

Tue September 3, 2013
Business

Lava Lamp Turns 50

Originally published on Tue September 3, 2013 10:54 am

Transcript

STEVE INSKEEP, HOST:

OK. Our last word in business has to be said just the right way. The word is: Groovy. But you have to say it this way - groovy baby.

RENEE MONTAGNE, HOST:

Groovy...

(LAUGHTER)

MONTAGNE: ...baby. Well, in the '60s, the grooviest thing around was the Lava Lamp. And we're mentioning it just now because it turns 50 today.

INSKEEP: Groovy. The fluorescent lamp, with its hypnotic moving liquid blob center, helped to define the psychedelic era. It first hit stores in Britain on this day in 1963.

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7:02pm

Mon September 2, 2013
The Two-Way

Time Warner And CBS Reach Deal To End Programming Blackout

Originally published on Tue September 3, 2013 10:07 am

Time Warner Cable announced Monday that the company has reached a deal with CBS over a contract dispute that had left several major cities blacked out from CBS programming since Aug. 2.

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4:45am

Mon September 2, 2013
Business

Verizon Poised To Gain Full Control Of Wireless Business

Originally published on Mon September 2, 2013 6:32 am

Verizon and Vodafone are joint owners of the nation's No. 1 wireless provider Verizon Wireless. Over the weekend, the two companies were in talks to finalize the terms of a $130 billion deal. That's how much Vodafone is asking for its 45 percent stake in the company.

4:45am

Mon September 2, 2013
Around the Nation

In Maine, Even With A GPS, You Can't Get There From Here

Originally published on Mon September 2, 2013 10:58 am

If you're planning that last summer road trip, you might want to pull those maps out of the attic.
iStockphoto.com

Once a standard fixture at every gas station, good old fashioned paper maps have all but folded in the digital age. But, there are places that can baffle your high tech gadgets.

Getting yourself lost in a rural state is an easy thing to do. Pavement turns into dirt track, and before you know it, you're driving through miles of woods and boulders, and your GPS isn't helping.

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4:45am

Mon September 2, 2013
Business

One Direction Heats Up Labor Day Box Office

Originally published on Tue September 3, 2013 1:40 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: boy band. Because what's better than one teenage heartthrob? Five of them. In 3-D.

The Irish-English pop group One Direction helped Hollywood break a Labor Day weekend record. Their 3-D concert film "One Direction: This is Us" grossed $17 million in its first three days to top the weekend box office. That's a nice take for the Morgan Spurlock music documentary, which cost a modest $10 million to make.

(SOUNDBITE OF MOVIE, ONE DIRECTION: THIS IS US")

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3:23am

Mon September 2, 2013
U.S.

Cincinnati's Airport: Best In The U.S.?

Originally published on Mon September 2, 2013 4:45 am

A passenger rides an escalator to Terminal A at the Cincinnati/Northern Kentucky International Airport in Erlanger, Ky.
Paul Sancya AP

In the grand days of railroad travel, passengers arrived in monumental terminals. There was grandeur, style and comfort — qualities that today's equivalent for long-distance travel, the airport, mostly lack. Especially in the United States.

In a survey of international travelers by the British firm Skytrax, not a single U.S. airport ranked anywhere near the top of the list. Singapore got top honors, while the best the United States could do was Cincinnati's airport — which came in at No. 30.

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