Business

4:38am

Wed April 10, 2013
Business

Ford Claims Top Spot In Global Sales Race

Originally published on Wed April 10, 2013 7:20 am

The Focus is the best-selling "nameplate" worldwide, followed by the Toyota Corolla, new data shows. Ford's sales have jumped in recent years as it dropped unsuccessful models and adopted a single global manufacturing system.

4:38am

Wed April 10, 2013
Business

Goodyear Updates Its 'Aerial Ambassador' The Blimp

Originally published on Wed April 10, 2013 7:20 am

One of the oldest billboards in American advertising is getting an update. The Goodyear blimp has been used for company promotions since 1925. A new model is being assembled in Akron, Ohio, by a crew from Goodyear and the German company Zeppelin.

4:38am

Wed April 10, 2013
Business

Business News

Originally published on Wed April 10, 2013 5:35 pm

Transcript

DAVID GREENE, HOST:

We'll begin NPR's business news with a $3.6 billion payback.

(SOUNDBITE OF MUSIC)

GREENE: Starting this week, the nation's largest banks begin sending out checks to borrowers forced into home foreclosure during the robo-signing scandal. Over four million people will receive payments - ranging from $300 to $125,000 - as part of settlements made with the federal government.

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4:38am

Wed April 10, 2013
Business

The Last Word In Business

Originally published on Wed April 10, 2013 7:20 am

That's the goal of an investment firm in Helsinki. That's the term for a video game controlled by brainwaves. The Wall Street Journal reports the agency is bringing together neuroscientists and game developers.

4:38am

Wed April 10, 2013
Education

Survey: More Pell Grant Recipients Are Nontraditional Students

Originally published on Wed April 10, 2013 1:01 pm

The federal government each year gives needy college students billions of dollars they don't have to pay back — $34.5 billion to be exact. More than 9 million students rely on the Pell Grant program. But a new study says much of the money is going to people who never graduate.

Sandy Baum, an expert on student financial aid, has been leading a group in a study of the 48-year-old Pell Grant program. Their report, commissioned by the nonprofit College Board, confirms what many have known for years about grant recipients.

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4:38am

Wed April 10, 2013
Politics

White House To Unveil 2014 Budget Plan

Originally published on Wed April 10, 2013 7:20 am

President Obama formally releases his budget for fiscal 2014 Wednesday. But it's not clear if anyone in the Republican leadership is even willing to negotiate the details.

4:38am

Wed April 10, 2013
Business

Businesses Seek Out Areas With 'Culture Of Health'

Originally published on Wed April 10, 2013 7:20 am

Businesses looking to relocate are making the health of a state's population part of their decision-making process. One Fortune 500 CEO explains it can save millions in reduced health insurance claims and absenteeism. Colorado's economic development officials are already trying to improve the health and fitness of the next generation of workers in order to stay competitive.

3:20am

Wed April 10, 2013
Business

Construction Booming In Texas, But Many Workers Pay Dearly

Originally published on Thu April 11, 2013 1:12 pm

Marchers at the state capitol building in Austin, Texas, in February protest working conditions in the state's construction sector.
Jason Cato Courtesy of Workers Defense Project

Like almost everything in the Texas, the construction industry in the Lone Star State is big. One in every 13 workers here is employed in the state's $54 billion-per-year construction industry.

Homebuilding and commercial construction may be an economic driver for the state, but it's also an industry riddled with hazards. Years of illegal immigration have pushed wages down, and accidents and wage fraud are common. Of the nearly 1 million workers laboring in construction here, approximately half are undocumented.

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3:19am

Wed April 10, 2013
Financial Basics For Baby Boomers

Debt And The Modern Parent Of College Kids

Originally published on Wed April 10, 2013 9:44 am

How will you pay for your kids' college?
iStockphoto.com

It's college touring season, and many parents are on the road with their teenagers, driving from school to school and thinking about the college application — and financial aid — process that looms ahead.

Many baby boomers have already been through this stage with their kids, but because the generation spans about 20 years, others still have kids at home. So how should boomers plan to pay for school when, on average, students graduate from college in the U.S. with $25,000 in debt?

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6:46pm

Tue April 9, 2013
Your Money

Will You Be Chained To A Smaller Check In Retirement?

Opponents of President Obama's expected proposed changes to Social Security rallied at the White House on Tuesday. Among them were lawmakers like Minnesota Democratic Rep. Rick Nolan.
J. David Ake AP

When President Obama on Wednesday unveils his blueprint for the government's 2014 budget, he'll offer lots of ideas for changes in taxes and spending.

But the proposal likely to grab the most attention will be the one dealing with cost-of-living adjustments for Social Security recipients. Many economists would applaud a change in the way Social Security officials measure inflation, but many older Americans may hiss, fearing a new formula will cut their benefits.

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