Business

5:01am

Wed March 6, 2013
Business

Martha Stewart Testifies About J.C. Penney Deal

Originally published on Wed March 6, 2013 11:18 am

Martha Stewart took the stand Tuesday in a lawsuit that involves her company Martha Stewart Living Omnimedia, Macy's and J.C. Penney Co. Macy's is suing J.C. Penney and Stewart's company for breach of contract.

4:45am

Wed March 6, 2013
Business

Digital Locks Limit Access To Copyrighted Works

Originally published on Wed March 6, 2013 11:18 am

Transcript

RENEE MONTAGNE, HOST:

What it means to own something in the digital age is being re-negotiated. Few of us own the music we listen or the movies we watch, in the same way as we did a decade ago. And today, if you get a smartphone from a cell phone company what you can legally do with it - how and where you can use it - may be restricted, even if that phone is fully bought and paid for.

NPR's Steve Henn explains. And we'll also find out a little bit about his music taste.

(SOUNDBITE OF SONG, "INVINCIBLE")

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4:45am

Wed March 6, 2013
Business

Business News

Originally published on Wed March 6, 2013 11:18 am

Transcript

RENEE MONTAGNE, HOST:

NPR business news starts with markets on fire.

(SOUNDBITE OF MUSIC)

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4:45am

Wed March 6, 2013
Business

The Last Word In Business

Originally published on Wed March 6, 2013 11:18 am

Transcript

STEVE INSKEEP, HOST:

It may seem like the tech company is squeezing every cent out of you, but our last word in business is the story of a man who let some money go. A University of Delaware student stepped up to an ATM and asked for $40 - two 20s, that's what would normally come out.

RENEE MONTAGNE, HOST:

Two bills arrived but there were hundred dollar bills, and then more bills arrived, and more. Devon Gluck received $1,800.

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3:42am

Wed March 6, 2013
Working Late: Older Americans On The Job

For Midwife, 71, Delivering Babies Never Gets Old

Originally published on Thu March 7, 2013 2:30 pm

Colorado midwife Dian Sparling, 71, meets with Lisa Eldridge and her baby, Colton James.
John W. Poole NPR

Increasingly, people are continuing to work past 65. Almost a third of Americans between the ages of 65 and 70 are working, and among those older than 75, about 7 percent are still on the job. In Working Late, a series for Morning Edition, NPR profiles older adults who are still in the workforce.

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6:20pm

Tue March 5, 2013
Business

As Construction Picks Up, American Truck Makers Race

Originally published on Thu March 7, 2013 7:34 pm

Ford unveils the F-150 Atlas concept pickup during January's North American International Auto Show in Detroit. Experts say the boom in construction will boost pickup sales.
Carlos Osorio AP

Economists look at many tea leaves as they try to determine the health of the economy. One of the most important surrounds vehicle sales, and more specifically pickup truck sales, which are tied to the construction industry. And as last month's sales rose 18 percent, the auto industry is betting big on a real estate rebound.

It's arguable that the Ford F-150 is the most important vehicle to come out of Detroit since the Model-T. It's also built where many parts for the old Model-T were made in Dearborn, Mich.

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5:29pm

Tue March 5, 2013
Technology

Lithium Ion Battery Makers Have Trouble Marketing Them After Boeing Incidents

Originally published on Tue March 5, 2013 6:20 pm

Federal stimulus money has helped cut the high cost of lithium-ion batteries, but not nearly enough to make electric cars affordable. Now there's an abundance of advanced battery manufacturers and not enough major companies to buy them. Many plants in the United States, South Korean, Japan and China that got government subsidies aren't producing many batteries, if at all. Three years ago Michigan's governor touted the state as the new battery capital of the world. There were five new advanced battery plants in the works, all of which were to get major tax breaks and some federal grants.

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5:29pm

Tue March 5, 2013
U.S.

Dreamliner's Battery Woes A Deja Vu Moment For Aviation Industry

Originally published on Tue March 5, 2013 6:20 pm

Lithium-ion batteries sparked a crisis for Boeing's Dreamliner 787 — but the crisis is not an unprecedented one. Four decades ago, a very similar transition to new battery technology in airplanes yielded similar problems. Audie Cornish describes what happened then — and what lessons might be learned as lithium-ion batteries become the next generation that power planes.

2:49pm

Tue March 5, 2013
The Salt

Who Grew Your Pint? How Craft Brews Boost Local Farmers

Originally published on Wed March 6, 2013 5:27 pm

Throwback Brewery in New Hampshire is one of almost 20 New England breweries using malts from Massachusetts' micro-malt house Vally Malt.
Courtesy of Throwback Brewery

Brent Manning is a maltster on a mission. The co-founder of Riverbend Malt House in Asheville, N.C., wants people to be able to taste local grains in North Carolina's beers, just as vino aficionados can identify the provenance of fine wines.

"In the wine industry ... they will tell you that the No. 1 Syrah grape grows on this hillside over here because it's a bit rockier," Manning explains. "It's that very same connection to the soil and the underlying geology that creates these nuances in flavors."

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12:22pm

Tue March 5, 2013
The Two-Way

VW Introduces 'World's Most Efficient' Car At Geneva Motor Show

Originally published on Tue March 5, 2013 12:32 pm

Two new Volkswagen hybrid XL1 model cars are displayed during a preview of Volkswagen ahead of the Geneva Car Show in Geneva.
Fabrice Coffrini AFP/Getty Images

At the Geneva Motor Show on Tuesday, Volkswagen introduced a futuristic-looking car that the company says is the "world's most efficient."

VW's XL1 is a two seater, plug-in, diesel hybrid that the company says gets 261 miles per gallon "with an all-electric driving range of a little over 30 miles," CNN reports.

CNN adds:

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