Business

6:00pm

Tue July 9, 2013
Business

After Asiana Crash, Pilot Training Gets New Scrutiny

Originally published on Tue July 9, 2013 7:40 pm

Much of the training for pilots for major airlines is conducted on sophisticated flight simulators, like this Boeing 787 simulator operated by an All Nippon Airways captain. Pilots are also trained to communicate clearly about problems they may encounter in flight.
Yoshikazu Tsuno AFP/Getty Images

Investigators are continuing to examine the training and experience of the cockpit crew of the Asiana flight that crashed Saturday in San Francisco. The pilot at the controls had nearly 10,000 hours of experience flying large jets, but only 43 hours in that particular plane, a Boeing 777. Saturday was also the pilot's first 777 landing at San Francisco International.

Pilots transition from flying one airplane model to another all the time; it's a regular part of the job as airlines add new aircraft and pilots fly new routes or get promotions to piloting bigger jets.

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4:54pm

Tue July 9, 2013
Economy

Dollar-Euro Exchange Rate Can Reveal Pulse Of Global Economy

Originally published on Tue July 9, 2013 6:00 pm

Transcript

ROBERT SIEGEL, HOST:

And now for our regular primer on global economics, no student loan required. Remember the European economic crisis? Just months ago, there was near panic that the euro zone would collapse, bringing down with it the entire international economy, again. So, how is Europe doing now and what is the overall state of the global economy? Well, one place economists look for answers to those questions is in the exchange rate between dollars and euros.

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4:54pm

Tue July 9, 2013
Business

Despite Scandal, Wall Street Lines Up To Bid For LIBOR

Originally published on Tue July 9, 2013 6:00 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

On Wall Street, many things are bought and sold, including, occasionally, interest rates. That happened today. The owner of the New York Stock Exchange bought LIBOR, a hugely influential benchmark rate that is set in London. LIBOR is used to set many other interest rates, from credit cards to derivatives contracts.

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1:56pm

Tue July 9, 2013
The Two-Way

Kroger Buys Harris Teeter In $2.5 Billion Grocery Deal

Originally published on Tue July 9, 2013 6:30 pm

In a merger of grocery chains, Kroger Co. is buying Harris Teeter Supermarkets Inc., the companies announced Tuesday. The move expands the reach of Kroger, already the nation's largest grocery chain, into the Mid-Atlantic region. The buyout values Harris Teeter at $49.38 per share, a premium of more than 33 percent over its share price earlier this year.

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11:29am

Tue July 9, 2013
Shots - Health News

Who's Watching When You Look For Health Information Online?

Originally published on Tue July 9, 2013 11:54 am

Down the online privacy rabbit hole.
NPR

When it comes to sensitive health information, government-run websites appear to do a better job protecting your privacy than many news and commercial sites.

A brief survey published online by JAMA Internal Medicine looked at how 20 health-related websites track visitors. They ranged from the sites of the National Institutes of Health to the health news section of The New York Times online.

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5:01am

Tue July 9, 2013
Business

Barnes & Noble CEO William Lynch Resigns

Originally published on Tue July 9, 2013 7:01 am

Lynch's exit comes just two weeks after the bookseller announced it was shelving its goal of becoming a player in the tablet business. Lynch has a tech background, and as CEO focused his attention on the Nook digital business. But the quarter that just ended showed huge losses for the digital devices.

5:01am

Tue July 9, 2013
Business

Companies Cash In On Royal Baby Watch

Originally published on Tue July 9, 2013 7:18 am

Britain's latest royal may arrive this weekend. Advertising Age reports Harrod's, the venerable British department store, is selling royal baby china. Others getting in on the action: Krispy Kreme is offering doughnuts with pink or blue filling, which color you get is a surprise — just like the baby's gender.

5:01am

Tue July 9, 2013
Business

Alcoa Kicks Off Earnings Season

Originally published on Tue July 9, 2013 5:56 am

Over the next few weeks, thousands of U.S. based publicly traded corporations will be reporting their quarterly results. Within days though, judgments will start to be made on whether the economy is holding up well enough to justify stock prices that are approaching a new peak. Alcoa says it lost more money than expected during the second quarter of this year because of restructuring costs.

3:43am

Tue July 9, 2013
Games & Humor

A Zombie Horror Game, Inspired By ... A Nature Documentary?

Originally published on Tue July 9, 2013 11:20 am

In The Last of Us, a fungus called Cordyceps that commonly infects insects has jumped over to humans, creating a fungal zombie apocalypse.
Naughty Dog

The Last of Us is a new survival horror video game and it features — no big surprise — zombie-like creatures. But these are not the same old zombies that have dominated movie and TV screens in the past few years.

Neil Druckmann, creative director for The Last of Us, says he wanted a fresh new way to wipe out humanity — and he found it in a BBC documentary series called Planet Earth, which depicts the scary effects of the Cordyceps fungus.

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3:42am

Tue July 9, 2013
U.S.

Employers Face Changes After Same-Sex-Marriage Ruling

Originally published on Tue July 9, 2013 10:45 am

The Supreme Court's decision striking down the Defense of Marriage Act will bring changes to retirement plans, health care and other benefits.
iStockphoto.com

There are an estimated 225,000 Americans in legally recognized same-sex marriages. The Supreme Court's recent ruling striking down a key provision of the Defense of Marriage Act means they are now eligible for the same federal benefits as straight couples.

Many of those benefits touch the workplace, and employers are beginning to think about the changes they will have to make.

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