Business

2:57am

Fri July 26, 2013
Parallels

Citing Dignity, Greek Workers Take Over Factory

Originally published on Fri July 26, 2013 7:33 am

Makis Anagnostou, a worker and union leader, bottles lavender-scented fabric softener at VIO.ME, a former tile materials factory that went bust and has been revived by its staff as a collective making environmentally-friendly detergent.
Joanna Kakissis/NPR

The financial crisis in Greece has devastated the country's manufacturing sector, which has lost more than 30 percent of its jobs in the past three years. But at one factory in an industrial center in the north, workers have taken matters into their own hands.

Inside the cavernous factory on the outskirts of Thessaloniki, eight middle-aged men are filling bottles with a vinegar-based fabric softener that's scented with fresh lavender.

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6:01pm

Thu July 25, 2013
Business

U.S. Carmakers Are Riding High, But Detroit May Not Feel It

Originally published on Thu July 25, 2013 7:19 pm

Jeff Caldwell, a chassis assembly line supervisor, checks a vehicle on the assembly line at the Chrysler Jefferson North Assembly plant in Detroit on May 8.
Paul Sancya AP

The news out of Detroit has been grim of late, but there are some bright spots coming from one corner of the Motor City. On Thursday, General Motors posted its 14th straight profitable quarter since emerging from bankruptcy. Ford announced its 16th consecutive profitable quarter Wednesday, and Chrysler is expected to offer good news soon as well.

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5:43pm

Thu July 25, 2013
Law

DOJ Accuses Hedge Fund SAC Capital Of Major Insider Trading

Federal prosecutors finally brought their case against SAC Capital, the giant hedge fund that for years has outperformed almost all of its competitors. Prosecutors say they know why. The firm encouraged the use of illegal insider information and trading on that information became a part of the firm's culture, according to the indictment.

5:04pm

Thu July 25, 2013
The Salt

Palm Oil In The Food Supply: What You Should Know

Originally published on Thu July 25, 2013 6:42 pm

Much of the palm oil imported into the U.S. ends up in snack foods such as cookies, crackers and microwave popcorn.
Heather Rousseau NPR

Remember the battle over trans fats? Yeah, the fats that did our hearts no favors.

As we've reported, the push to get these cholesterol-raising fats out of the food supply has been pretty successful. And now most packaged snacks are labeled as having zero grams of trans fat.

So what are food manufacturers using instead? One alternative is palm oil. But it's not an ideal replacement.

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4:59pm

Thu July 25, 2013
All Tech Considered

The Reply To Email Overload? Prioritize — Or Turn It Off

Originally published on Fri July 26, 2013 7:33 am

Steven Cohen, the billionaire hedge fund manager of SAC Capital Advisors, didn't see a key email because he gets 1,000 messages a day, his lawyers say.
Jenny Boyle AP

In the high-profile civil case against Wall Street titan Steven Cohen, federal authorities accuse the hedge fund head of allowing insider trading within his ranks. Cohen's lawyers offered up a defense fit for the digital age: They claim he didn't see a key, incriminating email because he gets too many messages — an estimated 1,000 a day, and opens only 11 percent of them.

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1:56pm

Thu July 25, 2013
The Two-Way

Cowboys Stadium No More: With Deal, It Is Now AT&T Stadium

Originally published on Thu July 25, 2013 3:30 pm

The sun sets behind Cowboys Stadium in Arlington, Texas.
Ronald Martinez Getty Images

After what is rumored to be a multimillion-dollar naming deal, the iconic Cowboys Stadium will be called AT&T Stadium from now on.

In a press release, AT&T said part of its attraction to the deal was that Dallas is the company's home. Cowboys owner Jerry Jones said in a statement that the naming deal ties the team with "one of the world's strongest and most innovative companies."

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12:40pm

Thu July 25, 2013
The Salt

The FDA Doesn't Want Chickens To Explore The Great Outdoors

Originally published on Wed July 31, 2013 3:51 pm

Free-range chickens feed in a pasture on an organic farm in Illinois.
Seth Perlman AP

Organic egg farmers are divided in their reaction to a new FDA proposal that's intended to reduce the risk of salmonella infection among free-roaming chickens. They even disagree about what the document, called "Guidance for Industry," actually requires.

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12:18pm

Thu July 25, 2013
Business

Government Charges SAC In Insider Trading Case

Federal prosecutors have filed criminal charges against one of the most famous and successful hedge funds in the world. The government alleges that SAC Capital Advisors is criminally responsible for insider trading that went on at the firm.

12:06pm

Thu July 25, 2013
Politics

White House Talks Income Gap: New Ideas About Old Problems?

President Obama's economic speaking tour seems reminiscent of campaign speeches in 2008. Guest host Celeste Headlee asks NPR's Ron Elving why the White House is sending this message again.

12:06pm

Thu July 25, 2013
Economy

White House Economics: Growing 'From The Middle Class Out'

President Obama is putting out a message of economic revitalization, starting with the middle class. Cecilia Munoz, Director of the White House Domestic Policy Council, explains why the executive branch is pushing the message now. She speaks with guest host Celeste Headleee.

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