Business

2:53am

Fri July 12, 2013
Planet Money

Will A Health Insurer Sponsor The Next 'Jackass' Movie?

Originally published on Fri July 12, 2013 5:13 am

Soon, most Americans will have to buy health insurance or pay a fine. This sounds like a marketer's dream: Captive shoppers directed by the government to buy your product. But when the product you're selling is health insurance, there are some pitfalls. Your customers may not love you. In fact, they may despise you.

"I think it may be too little too late for health insurance companies to now come out, like, 'Hey,we were just kidding the last 50 years!,'" says James Percelay, co-founder of the viral marketing firm ThinkModo in New York.

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6:21pm

Thu July 11, 2013
Planet Money

Where The Jobs Are (And Where They Aren't), In 1 Graph

Jobs and wages
NPR

It's been five and a half years since the recession started, and four years since the recovery began. It's been a brutal time for the U.S. job market (obviously), and the picture is still pretty bleak.

But when you look at individual industries, you see a more nuanced picture. Many industries have lost jobs, but others are employing more people than ever.

To see how the jobs picture has changed since the start of the recession, we created the graph below. Here's how it works:

  • The size of the circle represents the number of jobs in each industry today.
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3:55pm

Thu July 11, 2013
The Two-Way

Report: Microsoft Helped NSA, FBI Get Around Encryption

Originally published on Fri July 12, 2013 5:53 am

Microsoft CEO Steve Ballmer announces Microsoft's purchase of Skype in 2011, in San Francisco.
AFP/Getty Images

The latest in The Guardian's series of reports on secret U.S. electronic surveillance efforts claims to detail the extent of Microsoft's cooperation with the National Security Agency, with the tech giant reportedly allowing agents to circumvent its own encryption system to spy on email and chats, as well as its cloud-based storage service.

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1:52pm

Thu July 11, 2013
The Two-Way

Bernanke's Comments Lift Stocks To Record Highs

Originally published on Thu July 11, 2013 5:29 pm

Stocks surged Thursday after the chief of the Federal Reserve sent signals that the central bank wasn't in a hurry to stop helping the economy. When the markets closed, the Standard & Poor's 500 Index was at a record high. Other U.S. indexes were also up, including the Dow Jones Industrial Average, which rose nearly 170 points to a record 15,460.92.

Update at 5 p.m. ET: We've updated some figures in this post to reflect the markets' closing.

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9:36am

Thu July 11, 2013
The Two-Way

Jobless Claims Rose Last Week

Originally published on Thu July 11, 2013 11:55 am

There were 360,000 first-time claims for unemployment benefits filed last week, up 16,000 from the week before, the Employment and Training Administration says.

The "four-week moving average," which gives a sense of the recent trend, "was 351,750, an increase of 6,000 from the previous week's revised average of 345,750."

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5:53am

Thu July 11, 2013
Politics

Senators Express Concerns About Smithfield Foods Merger

Originally published on Thu July 18, 2013 4:52 pm

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION from NPR News. I'm Renee Montagne.

DAVID GREENE, HOST:

And I'm David Greene. Good morning. Pork was on the menu on Capitol Hill yesterday, but not the kind Congress produces. Lawmakers on the Senate Agriculture Committee were focused on the takeover of Smithfield Foods by a big Chinese company.

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5:00am

Thu July 11, 2013
Business

New Law Creates Business Opportunities In China

Originally published on Thu July 11, 2013 12:13 pm

Transcript

RENEE MONTAGNE, HOST:

In Chinese culture, filial piety is the virtual of respect for one's elders. In fact, a new Chinese law requires adults to provide financial and emotional support to their elderly relatives, which brings us to today's last word in business: outsourcing tender loving care.

DAVID GREENE, HOST:

That's right. This new law is giving entrepreneurs a business opportunity. The Wall Street Journal reports that China's version of eBay now has listings that offer services like running errands or standing in line.

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5:00am

Thu July 11, 2013
Business

Wal-Mart Fumes Over D.C. Council Wage Vote

Originally published on Thu July 18, 2013 4:52 pm

Transcript

RENEE MONTAGNE, HOST:

Wal-Mart is changing its plans for the nation's capital. The company says it won't be building stores in Washington, D.C., after the city council passed a law requiring big-box retailers to pay what's known as a living wage.

Patrick Madden of member station WAMU has the story.

PATRICK MADDEN, BYLINE: Before the vote, Wal-Mart issued city lawmakers an ultimatum: kill the living wage bill, or it would pull the plug on three stores it has planned to build in the nation's capital.

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5:00am

Thu July 11, 2013
Business

Data From RealtyTrac Indicates Housing Market Is Improving

Originally published on Thu July 11, 2013 12:13 pm

Transcript

DAVID GREENE, HOST:

NPR's business news starts with fewer foreclosures.

(SOUNDBITE OF MUSIC)

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4:50pm

Wed July 10, 2013
Business

Wal-Mart, Gap Join Bangladesh Factory Safety Group

Originally published on Wed July 10, 2013 5:29 pm

Transcript

ROBERT SIEGEL, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

Some of the country's biggest retailers have unveiled an initiative they say will improve conditions for workers on the other side of the world. The move by Wal-Mart, Target, and others is intended to boost safety in Bangladesh garment factories.

NPR's Jim Zarroli reports the plan is a response to the devastating building collapse that killed more than 1,100 people in April.

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