Business

10:54am

Fri August 30, 2013
Business

More Americans Are In The Mood To Travel For Labor Day

Labor Day weekend travel may rise by 4.2 percent to the highest level since before the recession, according to AAA Travel.
Scott Olson Getty Images

After years of sticking close to home, more Americans are eager to shake off the recession's remnants and have a final summer adventure, according to experts who track travel.

"We've noticed that vacation plans increased quite a bit in August," compared with June, said Chris Christopher, an economist who focuses on consumer markets for IHS Global Insight, a forecasting firm.

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4:46am

Fri August 30, 2013
Business

Secret U.S. Spy Budget Revealed

Originally published on Fri August 30, 2013 9:51 am

Transcript

(SOUNDBITE OF MUSIC)

LINDA WERTHEIMER, HOST:

NPR's business news starts a black budget illuminated.

(SOUNDBITE OF MUSIC)

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3:07am

Fri August 30, 2013
Author Interviews

Honest Tea Founders Tell Their Story Of Not-Too-Sweet Success

Originally published on Fri August 30, 2013 9:51 am

Barry Nalebuff (left) and Seth Goldman cofounded Honest Tea in 1997. Goldman is the company's TeaEO. Nalebuff is a professor at Yale School of Management.
Crown Business

If you want to know what prompted Seth Goldman and Barry Nalebuff to cofound Honest Tea, here's the simple answer they give on their website: They were thirsty. Goldman had taken Nalebuff's class at the Yale School of Management, and they were both tired of the super sweet iced teas available in stores. So in the late 1990s, they started their own company based on the hunch that other people out there felt the same way.

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3:06am

Fri August 30, 2013
Shots - Health News

Money May Be Motivating Doctors To Do More C-Sections

Originally published on Tue September 3, 2013 8:57 am

Pregnant doctors are less likely than other women to deliver their babies via C-section, recent research suggests. Economists say that may be because the physician patients feel more empowered to question the obstetrician.
iStockphoto.com

Obstetricians perform more cesarean sections when there are financial incentives to do so, according to a new study that explores links between economic incentives and medical decision-making during childbirth.

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3:00am

Fri August 30, 2013
StoryCorps

Following In The Family Footsteps

Originally published on Fri August 30, 2013 9:51 am

Mackenzie Byles graduated in 2010 from Mount Ida College with a degree in Funeral Home Management. She's taking over the family business from her dad, Don.
StoryCorps

Don Byles, 65, is a funeral director in New London, Conn. His grandfather started the family's business, Byles-MacDougall Funeral Service, in 1904. Now, Byles is getting ready to hand it over to his 25-year-old daughter Mackenzie.

"You have to teach me a lot of stuff before you can retire," Mackenzie tells her dad during a recent visit to StoryCorps. "I'm a little nervous about being on my own here. I've got big shoes to fill with you."

Click on the audio link above to hear their StoryCorps conversation.

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6:01pm

Thu August 29, 2013
The Salt

Antibiotic Use On The Farm: Are We Flying Blind?

Originally published on Mon November 18, 2013 5:26 pm

Piglets in a pen on a hog farm in Frankenstein, Mo.
Jeff Roberson AP

There's a heated debate over the use of antibiotics in farm animals. Critics say farmers overuse these drugs; farmers say they don't.

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4:58pm

Thu August 29, 2013
The Record

Can Streaming Services Make Money?

Originally published on Thu August 29, 2013 7:48 pm

On June 15, the day that Pandora became a publicly traded company, traders on the floor of the New York Stock Exchange wore the company's insignia.
Spencer Platt Getty Images

Every time you turn around it seems like there's a new streaming music service. Pandora was among the first a decade ago. Rdio launched in 2010. Spotify came to the U.S. in the summer of 2011. Apple and Google plan to join the fray this year. Music producer Jimmy Iovine is launching a service tied to his headphone brand Beats by Dr. Dre.

What's odd is they are all jumping into a business that, so far, doesn't seem to be turning a profit.

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4:51pm

Thu August 29, 2013
Business

Threat Of U.S. Strike In Syria Drives Up Oil Prices

Originally published on Thu August 29, 2013 6:01 pm

Crude oil prices are up about 20 percent over the past two months. On Tuesday, the price of the U.S. benchmark, West Texas Intermediate, hit $109. Events in Syria are driving the price spike. Syria doesn't produce much oil, but there is great concern that the conflict there might spill over and involve other Persian Gulf nations such as Iran and Saudi Arabia.

3:50pm

Thu August 29, 2013
The Two-Way

Nasdaq Gives Detail On Cause Of Last Week's Trading Halt

People in New York City walk by the Nasdaq stock market one day after the the electronic exchange experienced a a three-hour trading delay due to a technical problem.
Spencer Platt Getty Images

Nasdaq OMX Group Inc. issued a deeper explanation for the technical problems that halted trading for three hours last week.

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2:43pm

Thu August 29, 2013
Shots - Health News

How Money Worries Can Scramble Your Thinking

Originally published on Fri August 30, 2013 3:29 pm

Worrying about finances can tax the brain just as much as staying up all night.
Illustration by Katherine Streeter for NPR

There's no question that dealing with mortgages, car payments and other bills takes up time and energy. But having a tight budget may also zap our ability to think clearly, scientists report Thursday in the journal Science.

In a series of clever experiments involving farmers in India and shoppers in New Jersey, scientists found that people are worse at solving puzzles — similar to those on the IQ test — when they're first reminded of money problems.

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