Business

4:24pm

Thu July 18, 2013
Europe

Investigators Take Action Following Heathrow Fire

Originally published on Thu July 18, 2013 6:31 pm

Nearly one week ago, a fire erupted inside a parked Ethiopian Airlines Boeing 787 at London's Heathrow Airport. Thursday, the British Air Investigation Branch issued a bulletin urging the deactivation of an emergency transmitter on all 787s. The British investigators stopped just short of blaming the Emergency Locator Transmitter for the fire. But they did recommend that the Federal Aviation Administration order the deactivation of beacons on 787s under FAA authority. Melissa Block talks with NPR's Wendy Kaufman.

12:04pm

Thu July 18, 2013
All Tech Considered

Tech Companies Issue Loud Call For Surveillance Transparency

Originally published on Thu July 18, 2013 12:44 pm

A Ukrainian activist protests the NSA Internet surveillance program.
Sergei Supinsky Getty Images

Apple, Google, Microsoft and a broad coalition of major tech companies are making a loud call for greater government disclosure of digital communications monitoring.

In a letter out today, an alliance of 63 companies and groups are calling for dramatically increased transparency around U.S. government surveillance efforts. This comes as the companies — and individual Americans — continue to grapple with recent revelations of a sweeping surveillance program led by the National Security Agency.

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8:29am

Thu July 18, 2013
Economy

Part-Time Workers Say Schedules Are Getting More Erratic

Part-time jobs have been proliferating this year as employers hold back on hiring.
iStockphoto.com

In the 1980s, a popular fast-food commercial touted chicken-breast sandwiches — and mocked chicken nuggets sold by competitors.

In the ad, a competitor's doofus clerk explains nuggets. "All the parts are crammed into one big part," he said. "And parts is parts."

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5:07am

Thu July 18, 2013
Politics

Congress Takes Renewed Aim At Fannie Mae, Freddie Mac

Originally published on Thu July 18, 2013 7:45 am

Transcript

RENEE MONTAGNE, HOST:

For the first time since the housing crash, lawmakers are getting serious about dismantling the mortgage giants Fannie Mae and Freddie Mac. They were rescued with $190 million bailout. Two prominent senators - a Democrat and a Republican - have a bill that's attracting some bipartisan support. A separate Republican bill is being introduced in the House today and a third may soon come from Democrats. NPR's Chris Arnold reports.

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5:07am

Thu July 18, 2013
Business

Nike Apologizes For Carolina Mix-Up

Originally published on Thu July 18, 2013 7:45 am

Transcript

RENEE MONTAGNE, HOST:

OK. Let's stick with the sports theme. Nike put out a new T-shirt for fans of North Carolina's pro-football team, the Carolina Panthers.

DAVID GREENE, HOST:

But there was a bit of a problem, which brings us to our last word in business: A map mishap.

MONTAGNE: The shirt design featured the Panthers logo with the letters NC - all framed by the outline of that other Carolina, South Carolina.

GREENE: Nike has apologized for this error and pulled the remaining shirts.

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5:07am

Thu July 18, 2013
Business

Game Over For NCAA And Electronic Arts

Originally published on Thu July 18, 2013 7:45 am

Transcript

DAVID GREENE, HOST:

OK, for financial analysts, the Fed chairman's voice is certainly a familiar one. For sports nuts, football fans, video game players, there's this voice.

UNIDENTIFIED MAN #1: EA Sports. It's in the game.

GREENE: But that stamp might not be part of one game for much longer.

The NCAA announced Wednesday it is not renewing their contract with EA or Electronic Arts, the maker of the hugely popular college football video game series.

Here's NPR's Nathan Rott.

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5:07am

Thu July 18, 2013
Business

Wall Street Poised For Bernanke's Senate Panel Testimony

Originally published on Thu July 18, 2013 7:45 am

Federal Reserve Chairman Ben Bernanke continues his two-day monetary policy testimony on Capitol Hill. On Wednesday, the chairman appeared before the House Financial Services Committee.

5:07am

Thu July 18, 2013
Business

Intel's Earnings Are Down For 4th Straight Quarter

Originally published on Thu July 18, 2013 10:29 am

The computer chip maker is facing a tough reality with its latest earnings report. Intel's second quarter profit was down 29 percent compared to last year. One reason is that more and more consumers and businesses are switching from traditional computers to smart phones and tablets.

5:07am

Thu July 18, 2013
Television

'House of Cards' Picks Up 9 Emmy Nominations

Originally published on Thu July 18, 2013 10:55 am

The Netflix series is the first digitally distributed show to get nominated for a major category. For best drama, "House of Cards" joins nominees "Homeland," "Game of Thrones," "Breaking Bad," "Downton Abbey" and "Mad Men." Jon Weisman of Variety talks about the nominations, announced Thursday.

5:23pm

Wed July 17, 2013
Planet Money

The 'Ask Your Uncle' Approach To Economics

Originally published on Wed July 17, 2013 7:11 pm

The Federal Reserve, home of the Beige Book.
Karen Bleier AFP/Getty Images

The Beige Book is weird. It's an economic report released by the Federal Reserve every few months, but it doesn't have many numbers in it. Mostly, it's a bunch of stories gathered by talking to businesses around the country. A Fed economist once described it as the "Ask Your Uncle" approach to figuring out what's going on in the economy.

In the Beige Book released today, for example, we learned that:

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