Business

2:28pm

Thu May 9, 2013
The Two-Way

Feds Charge Alleged New York Cell In International Cyber Heist

Originally published on Thu May 9, 2013 5:39 pm

Cybercriminals allegedly hacked into databases for prepaid debit cards and used the compromised data to steal from ATMs around the world.
Damien Meyer AFP/Getty Images

Eight people in New York have been charged as part of what prosecutors say was a global ring of cybercriminals who stole $45 million by hacking into prepaid credit card accounts and then using the data to get cash from thousands of ATMs around the world.

U.S. Attorney for the Eastern District of New York Loretta Lynch described the alleged scheme as "a massive 21st century bank heist that reached across the Internet and stretched around the globe. In the place of guns and masks, this cybercrime organization used laptops and the Internet."

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11:25am

Thu May 9, 2013
Monkey See

PBS Continues The March Into Streaming Programming

Antiques Roadshow is one of the programs available from PBS's new Roku channel.
PBS

Let's start with a brief tour of streaming television online.

For quite a while, streaming television meant sitting and watching it on your computer. It wasn't ideal, for obvious reasons. Then, it got easier to sit and watch it on your phone. That wasn't ideal, either, if you liked the living-room experience. Tablets do a better job than phones of delivering a portable but less tiny experience.

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9:07am

Thu May 9, 2013
The Two-Way

Jobless Claims Stay Near 5-Year Low

Originally published on Thu May 9, 2013 10:16 am

There were 323,000 first-time claims for unemployment insurance last week, down 4,000 from the week before, the Employment and Training Administration says.

Note: As often happens, the previous week's figure is a slight revision from what was reported earlier. Initially, the ETA said there had been 324,000 first-time claims during the week ending April 27. Now, it says there were 327,000 that week.

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6:14am

Thu May 9, 2013
Business

U.S. Foreclosure Rate Dips To 6-Year Low

Home foreclosure filings in the U.S. have fallen to their lowest levels in more than six years. They're down more than 20 percent from last year, according to the company RealtyTrac. Inexpensive mortgages and a rising demand for homes seem to be at play here.

6:08am

Thu May 9, 2013
Education

Perry's Vision For University Of Texas Criticized

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION from NPR News. I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. It's college graduation season, a time when young people stop worrying about final exams and start worrying about getting a job. In a minute we'll hear some popular career advice dished out by commencement speakers. First, there's an ongoing debate over how well universities are preparing graduates for the real world and whether colleges themselves should operate more like businesses.

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6:05am

Thu May 9, 2013
Politics

Lawmakers Use Web To Request Help Simplifying Tax Code

Steve Inskeep talks with Senate Finance Committee Chairman Max Baucus of Montana and House Ways and Means Chairman Dave Camp of Michigan about their bipartisan efforts to rewrite the tax code. On Thursday, the lawmakers launched TaxReform.gov in an effort to solicit direct input from Americans on simplifying the tax code.

5:56am

Thu May 9, 2013
Business

Shell Digs Deep To Tap Into Lucrative Oil, Gas Reserves

Transcript

STEVE INSKEEP, HOST:

One reason the world is not yet running out of oil and gas is that energy companies keep finding ways to extract those resources from more and more difficult places, including far under the ocean. Royal Dutch Shell announced plans, yesterday, for the world's deepest offshore floating oil and gas facility.

NPR's Debbie Elliott reports.

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5:51am

Thu May 9, 2013
Business

The Last Word In Business

Originally published on Thu May 9, 2013 6:49 am

The Internet spreads information too quickly for some people — especially people who don't want to find out the ending of a show they haven't seen yet. A high school senior in New Hampshire has solved that problem with an app.

5:51am

Thu May 9, 2013
Planet Money

I Know I'm Supposed To Follow My Passion. But What If I Don't Have A Passion?

Originally published on Thu May 9, 2013 9:47 am

Climb every mountain? Really?
Jean-Pierre Clatot AFP/Getty Images

A while back, Max Kornblith sent the following email to Tyler Cowen, an economist who blogs at Marginal Revolution:

1) As a fairly recent graduate of an Ivy League institution (with a bachelor's degree), most of my classmates seemed to have some idea that career and life path choice should be driven by a "passion" such that the right choice is self-evident to the chooser. What does this belief mean to you as a social scientist? ...

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3:33am

Thu May 9, 2013
All Tech Considered

Consumers Facing Subscription Service Overload Will Only Get More Choices

Originally published on Thu May 9, 2013 4:02 pm

YouTube is expected to announce in the coming days that it will launch paid subscription channels, a first for the online video platform that's been around since 2005. But, with the growing number of subscription services available for entertainment, shopping and news, some consumers say they're reaching digital subscription overload.

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