Business

4:31am

Thu August 8, 2013
Around the Nation

Sioux Falls' Rapid Business Growth Gains National Attention

Originally published on Thu August 8, 2013 8:51 am

Sioux Falls, S.D., gains thousands of new residents each year. Leaders point to business opportunities, diversity and quality of life as reasons for its growth. This kind of boom comes with conflict, and Sioux Falls faces challenges to continuing development.

4:31am

Thu August 8, 2013
Business

Love Boat Reaches Its Final Destination

Originally published on Thu August 8, 2013 6:38 am

The cruise ship made famous by the TV show The Love Boat will end up in a scrap heap on the Turkish coast. A ship recycling company in Turkey bought the cruise liner for a little more than $3 million and will strip it for its parts and metal.

3:20am

Thu August 8, 2013
Shots - Health News

Obamacare Foes Make Final Push To Stop Health Law's Implementation

Originally published on Thu August 8, 2013 10:47 am

A screenshot from the FreedomWorks website, which is urging citizens opposed to the Affordable Care Act to opt out of the law's requirement to have insurance. It asks Americans to symbolically "burn your Obamacare card." In reality, no such card will exist.
FreedomWorks

3:19am

Thu August 8, 2013
Business

The 787 Returns, And Boeing Is Watching Its Every Move

Originally published on Tue February 25, 2014 6:58 pm

Boeing is using advanced, real-time tracking of its flagship 787 as it returns to service after being grounded for months.
Charles Rex Arbogast AP

Aviation experts continue to follow up on a number of recent accidents and incidents: the Asiana crash; a botched landing by a Southwest jet; and problems with an emergency beacon on a Boeing 787.

The entire fleet of 787s was grounded earlier this year for battery problems. Now, the aircraft are back in service, and Boeing is monitoring them around the clock.

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3:15am

Thu August 8, 2013
Business

California's New Rules Could Change The Rideshare Game

Originally published on Thu August 8, 2013 8:55 am

In cities across the nation, people are turning to ridesharing apps like Lyft — whose cars are adorned with pink mustaches — instead of traditional cab companies.
Jeff Chiu AP

By now, you've probably heard of Internet-based ridesharing apps like Uber and Sidecar that let you hail a ride with the touch of a screen. They're often cheaper than taxis and because of that, they're in most major cities and their popularity is booming.

For years, cities and states — bodies that regulate transportation — have struggled to figure out what to do about them. Recently, California took the first steps towards legitimizing them.

In Los Angeles, Lyft is one of the biggest ride-sharing companies.

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5:36pm

Wed August 7, 2013
U.S.

For One-Time Tech Exec, Leading D.C. Charity Is No Small Job

Originally published on Wed August 7, 2013 6:43 pm

Patty Stonesifer once watched Martha's Table serve food to the homeless outside the Washington, D.C., offices of the Bill and Melinda Gates Foundation. When the top post at the charity came open, she knew it was the job for her.
John W. Poole NPR

On a recent morning, Patty Stonesifer sat cross-legged on the floor of a day care classroom, laughing as pre-schoolers clambered into a fire truck made out of a cardboard carton.

This is a far cry from Stonesifer's old life. She made her fortune in the tech world, where she rose through the ranks at Microsoft to become its highest-ranking female executive.

Later, she became the founding CEO of the Bill and Melinda Gates Foundation — the largest philanthropic organization in the world, with huge, global goals and an endowment of $34 billion when she left in 2008.

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5:13pm

Wed August 7, 2013
Business

The History — And Future — Of Cable's Bundling

Originally published on Thu August 8, 2013 6:13 pm

Though you'd never see it listed on your monthly cable bill, nearly every channel you get has a secret price.
iStockphoto.com

For Time Warner Cable customers in major cities, the battle for the future of television is playing out before their eyes.

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4:14pm

Wed August 7, 2013
The Salt

Bring Home The Bacon Or Put It In A Meat Locker?

Originally published on Fri August 9, 2013 12:44 pm

Time for a meat locker? One Flickr user's freezer after purchasing a large share of a pig.
Cowgirl Jules via Flickr

Why buy 1 pound of hamburger meat from a local farmer when you can buy 5 pounds — plus another 20 pounds of stew meat, steaks and roast — for as little as half the price of what it all goes for at the market?

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2:52pm

Wed August 7, 2013
The Salt

After Immigration Bust, Herb Grower Tries A New Path

Originally published on Wed August 7, 2013 10:58 pm

Ted Andrews, CEO of HerbCo International, says the H-2A agricultural guest worker program needs improvements.
Liz Jones for NPR

The ongoing immigration debate in Congress often spotlights the job market for people living in the U.S. illegally. Not long ago, that market included one of the country's top organic herb farms — until an immigration bust forced the business, based in Washington state, to clean up its payroll.

Ted Andrews, owner of HerbCo International, says he's learned some tough lessons during the transition to a legal workforce. Lesson No. 1: "There are events that can destroy a business in the snap of a finger," he says. "This was one of them."

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11:24am

Wed August 7, 2013
The Two-Way

Freddie Mac Earns $5 Billion In 3 Months; To Pay U.S. $4.4 Billion

Originally published on Wed August 7, 2013 11:54 am

Freddie Mac racked up a $5 billion profit in the second quarter, the mortgage backer said in its quarterly report Wednesday. The earnings are the second-highest in the history of Freddie Mac, which has now extended its streak of profitable quarters to seven in a row.

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