Business

5:27am

Wed June 19, 2013
Around the Nation

Bay Area Residents Forced To Wait For Bridge Repairs

Originally published on Wed June 19, 2013 9:40 am

Transcript

STEVE INSKEEP, HOST:

Let's go next to California, where the largest public works project in the history of that state is running over budget, over time, and has lost the public's confidence. The new eastern span of the San Francisco-Oakland Bay Bridge, with a price tag of $6.4 billion, was scheduled to open on Labor Day. There's still time, but that deadline is in doubt, as questions are raised about safety.

NPR's Richard Gonzales reports.

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5:27am

Wed June 19, 2013
Business

Business News

Originally published on Thu June 20, 2013 7:31 am

Transcript

DAVID GREENE, HOST:

We'll kick off NPR's business news with Chrysler making a U-Turn.

The Detroit automaker is now recalling more than a million and a half Jeeps, after earlier refusing to carry out that move.

In early June, the government told Chrysler to recall almost three million Jeeps made in the 1990s and 2000, saying fuel tanks in the vehicles could explode in rear end collisions.

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5:27am

Wed June 19, 2013
Politics

Liberal Groups Say They Received IRS Scrutiny Too

Originally published on Mon July 8, 2013 1:46 pm

Transcript

STEVE INSKEEP, HOST:

Some other news: We have a more complicated view, this morning, of the scandal at the IRS. An inspector general critiqued the tax agency's targeting of conservative groups, many of them linked with the Tea Party movement. We knew that much.

And now, it's become apparent that more liberal or progressive groups were also targeted. NPR's Tamara Keith reports.

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5:27am

Wed June 19, 2013
Commentary

TV, Movie Streaming Services Want To Grow With Kids

Originally published on Wed June 19, 2013 9:40 am

Transcript

STEVE INSKEEP, HOST:

Netflix offers children's programs which can be screened on computers or TVs. And it says streaming of those programs goes up over the summer, about 30 percent. It's not hard to figure out why - school's out. Screens are on. This month we're focusing on media for kids, and our media critic Eric Deggans says that Netflix - as well as its rival, Prime Instant Video from Amazon - are both trying to capture a big and growing market.

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5:27am

Wed June 19, 2013
Business

Disney World Raises Entrance Price For Magic Kingdom

Originally published on Wed June 19, 2013 9:40 am

Transcript

DAVID GREENE, HOST:

Some of the magic at Disney was always that you could pick a theme park - any theme park - and the price for a day pass would be the same. Well, no more. This month for the first time, Disney began charging more for a day in Magic Kingdom in Orlando than for its other parks.

Matthew Peddie, from member station WMFE, explains why.

MATTHEW PEDDIE, BYLINE: A one-day pass to the Magic Kingdom now costs $95 - compared to $90 for entrance to its other parks: Epcot, Animal Kingdom or Hollywood Studios.

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3:21am

Wed June 19, 2013
Business

U.S. Automakers Are On A Roll, But Hiring Is Slow And Steady

Originally published on Wed June 19, 2013 9:40 am

A worker installs parts on a Chrysler SUV engine at the Jefferson North Assembly Plant in Detroit. Plants in the U.S. are now operating above 90 percent capacity, but automakers are wary of adding large numbers of new workers.
Geoff Robins AFP/Getty Images

There is one basic question that keeps being asked about the U.S. auto industry: Is it on the rebound?

"People ask a lot, is the auto industry back?" says Kristin Dziczek, a director at the Center for Automotive Research. "And it depends on what scale you want to look at."

So if we're looking at scales, let's start with productivity. In this case, how many work hours it takes to build a car. Productivity in U.S. plants is 39 percent higher than it was in 2000. "Productivity has never been this high," Dziczek says.

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3:20am

Wed June 19, 2013
Parallels

Fashion's Victims: An Artist's Focus On Garment Workers

Originally published on Wed June 19, 2013 2:35 pm

A woman tries on a jacket at a Zara store in Madrid. Zara's parent company, Inditex, was among Spanish companies to sign fire and building safety agreements for their factories in Bangladesh following a deadly factory collapse in April, though Inditex was not directly involved in that incident.
Susana Vera Reuters/Landov

On Madrid's posh Gran Vía, thousands of shoppers and tourists visit the flagship stores of some of the biggest names in European fast fashion — Zara, Mango and H&M.

Suddenly, the hordes of bargain-hunters stop dead in their tracks.

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5:34pm

Tue June 18, 2013
The Two-Way

Perk Backlash: Do Surprise Upgrades Make Us Uneasy?

A new study finds that while "receiving unearned preferential treatment does generate positive reactions, it is not always an entirely pleasurable experience." Examples include getting a free upgrade on a hotel room.
iStockphoto.com

Whether it's a free upgrade on a hotel room or skipping ahead in the check-in line, many businesses give preferential treatment to some customers, hoping to make them more loyal. The practice often works — but a new study suggests that when we get perks we didn't earn, negative feelings can result. And they can make a surprise deal a little less sweet.

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5:24pm

Tue June 18, 2013
The Two-Way

'We Were Told To Lie,' Say Bank Of America Employees

Originally published on Tue June 18, 2013 6:13 pm

Employees say Bank of America encouraged them to lie and falsify records to push more accounts into foreclosure.
Chuck Burton AP

Six former employees and one contractor say Bank of America's mortgage servicing unit consistently lied to homeowners, fraudulently denied loan modifications and offered bonuses to staff for intentionally pushing people into foreclosure, according to a Salon.com report.

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4:06pm

Tue June 18, 2013
The Salt

The Mystery Of the Ridiculously Pricey Bag Of Potatoes

Originally published on Tue June 18, 2013 5:39 pm

How much for that bag of potatoes?
iStockphoto.com

On Monday we told you about allegations that America's potato growers had banded together in a price-fixing Potato Cartel.

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