Business

9:54am

Sat July 6, 2013
National Security

Defense Contractors See Their Futures In Developing World

Originally published on Sat July 6, 2013 5:12 pm

A mannequin in night-vision goggles is part of a display at a border-security expo in Pheonix last year. Defense companies are seeking growth in markets in the developing world, or in homeland and cybersecurity.
Amanda Meyers AP

Defense manufacturers worldwide are facing tough times ahead, as tight budgets force Western governments to cut spending. But while the West is cutting back, developing countries around the world are spending more on defense — a lot more.

Last fall, defense contractors warned of massive layoffs if the U.S. government enacted the automatic budget cuts known as sequestration. Now, sequestration is in effect, but job losses are limited, in part because many Pentagon contracts were already in place and will keep assembly lines rolling for much of this year.

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9:54am

Sat July 6, 2013
Economy

June Job Numbers Perk Up Optimists

Transcript

(SOUNDBITE OF MUSIC)

LINDA WERTHEIMER, HOST:

This is WEEKEND EDITION from NPR News. I'm Linda Wertheimer.

The economy added 195,000 jobs in June. That was a surprise and a delight to both economists and Wall Street. But the unemployment rate was stuck at 7.6 percent.

NPR's Sonari Glinton reports that the economic recovery continues at a slow but steady pace.

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6:24am

Sat July 6, 2013
Around the Nation

With Bullets Scarce, More Shooters Make Their Own

Originally published on Sat July 6, 2013 9:05 pm

Since the Newtown school shooting in December, gun stores nationwide have had difficulty keeping ammunition, like these .223-caliber rifle bullets, in stock.
Justin Sullivan Getty Images

Gun stores around the country have had difficulty keeping up with demand for ammunition in recent months. Fears of government tightening of gun and ammunition controls have meant that retailers, from Wal-Mart to mom-and-pop gun shops, haven't been able to keep bullets on the shelves.

Cliff Poser's gun shop, Cliff's Guns, Safes and Reloading in Boise, Idaho, is one of them. Business has been so crazy lately that he has to keep a special stash of ammunition, just so customers who buy guns from him can also buy bullets.

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5:45pm

Fri July 5, 2013
Economy

Jobs Keep Growing. How Soon Should The Fed Stop Helping?

Originally published on Tue July 9, 2013 12:37 pm

Many economists are encouraged by the latest jobs report because the stronger growth doesn't appear to be just a one-month blip.
Kevork Djansezian Getty Images

The latest employment report is encouraging to many economists because the stronger job growth doesn't appear to be just a one-month blip. But some worry that it's so strong the Federal Reserve may pull back efforts to boost the economy.

The Labor Department's newest data released Friday shows the U.S. added 195,000 jobs in June. The prior two months were also revised upward — above 190,000 for both April and May.

That's three months of more-robust job growth.

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4:25pm

Fri July 5, 2013
Social Entrepreneurs: Taking On World Problems

At Cambodia Hotel, The Workers Are The Boss

Originally published on Tue July 9, 2013 12:37 pm

Traffic passes in front of the Soria Moria Boutique Hotel in Siem Reap, Cambodia.
Will Baxter for NPR

This story is part of NPR's ongoing series about social entrepreneurs — people around the world who are dreaming up innovative ways to develop communities and solve social problems.

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3:23pm

Fri July 5, 2013
Planet Money

How To Spend $442 On A 15-Minute Cab Ride

Originally published on Tue July 9, 2013 12:37 pm

Don Emmert AFP/Getty Images

Say you're in Midtown Manhattan at rush hour. You need to go a mile uptown, and you can't find a cab. A pedicab, a taxi-bicycle hybrid (like the one in the picture) may not be a bad option.

Riding through the middle of Manhattan on the back of a bike, dodging buses and cabs, feels like the Wild West of transportation options. The pricing feels that way too: Unlike buses or cabs, pedicabs don't charge a set fee. It's whatever the rider and the driver agree to. And, like in the Wild West, innocents often get fleeced.

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12:37pm

Fri July 5, 2013
Business

June Jobs Report Exceeds Expectations, But Concerns Remain

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with the jobs report.

(SOUNDBITE OF MUSIC)

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9:02am

Fri July 5, 2013
The Two-Way

Better Than Expected Job Growth In June

Originally published on Fri July 5, 2013 10:48 am

At a job fair in Los Angeles last month, job seekers filled out applications.
Kevork Djansezian Getty Images

More jobs were created last month than economists had expected, but the unemployment rate held steady.

The Bureau of Labor Statistics reported Friday that employers added 195,000 jobs to public and private payrolls. That's better than the gain of 165,000 that forecasters had predicted.

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8:54am

Fri July 5, 2013
All Tech Considered

At Tech-Free Camps, People Pay Hundreds To Unplug

Originally published on Fri July 5, 2013 12:17 pm

Camp Grounded is located in Northern California.
Courtesy of Scott Sporleder

The overwhelming and endless stream of electronic alerts and messages on our computers, phones and tablets is driving demand for a new kind of summer camp for adults. "Technology-free" camps that force their campers to surrender their gadgets, wallets and that nagging "fear of missing out" — FOMO — are booking up fast.

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5:33am

Fri July 5, 2013
Economy

Jobless Rate For June Expected To Hover Around 7.6 Percent

Originally published on Fri July 5, 2013 10:14 am

The Labor Department reported Friday that the nation's unemployment rate held steady at 7.6 percent in June, as employers added 195,000 jobs, and more people started to look for work.

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