Business

4:33pm

Thu May 30, 2013
Business

Drive-Ins Soon Face Hollywood's Digital Switch

Originally published on Thu May 30, 2013 5:48 pm

Many drive-ins and mom and pop theaters will soon have to make the switch from film to digital after putting it off because of the high cost of new projectors.
John Kuntz The Plain Dealer/Landov

Pull into the Bourbon Drive-In just off U.S. Highway 68 near Paris, Ky., and it's like stepping back in time. Patricia and Lanny Earlywine own the 7-acre drive-in. It's been connected to the family since the theater opened in 1956. Even the popcorn machine is original.

"To do a drive-in, it sort of gets in your blood. You have to love it," Patricia says.

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4:33pm

Thu May 30, 2013
Business

Kellogg's Agrees To Settlement In Frosted Mini-Wheats Suit

Originally published on Thu May 30, 2013 5:09 pm

Robert Siegel speaks with Tim Blood, managing partner of the law firm Blood, Hurst & O'Reardon, about the class-action suit accusing Kellogg's of making false claims in its Frosted Mini-Wheats advertisements, as well as other cases he's pursued. Blood talks about what kind of people file these suits, and why.

4:33pm

Thu May 30, 2013
Business

Retired Gen. David Petraeus Heads To Wall Street

Originally published on Thu May 30, 2013 6:32 pm

Retired Gen. David Petraeus, former CIA chief, speaks at the University of Southern California in Los Angeles on March 26. Petraeus announced Thursday that he was joining the private equity firm KKR.
Reed Saxon AP

Retired Gen. David Petraeus is headed to Wall Street where he will join Kohlberg Kravis Roberts, a firm that invests globally in everything from real estate to coffee to biotech.

Over nearly four decades in the military, Petraeus traveled the world on diplomatic and intelligence missions. Even then, he says in a video posted Thursday on KKR's website, he occasionally viewed these trips through an investor's lens.

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3:02pm

Thu May 30, 2013
The Two-Way

Ubuntu Marks 'Bug No. 1' As Fixed, After Nearly Nine Years

Since it was first filed in August of 2004, Ubuntu's Bug #1 attracted many comments. With comment number 1834, Mark Shuttleworth declared the issue fixed today.
Launchpad

In the more than eight years since it was written, the open-source operating system Ubuntu's "Bug #1" has been seen as a rallying call. After all, the bug's title is "Microsoft has a majority market share."

But the entry was officially closed Thursday, partly because the "broader market has healthy competition" as Ubuntu leader Mark Shuttleworth writes in his comments on closing the bug today.

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9:04am

Thu May 30, 2013
The Two-Way

New Data Confirm The Economy Isn't Growing As Fast As Hoped

Originally published on Thu May 30, 2013 10:57 am

The U.S. economy grew at a 2.4 percent annual rate in the first quarter, the Bureau of Economic Analysis reported Thursday morning.

That basically confirms what the agency said a month ago, when it released its initial estimate for gross domestic product growth in the quarter. Then, it reported the economy had expanded at a 2.5 percent pace.

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6:25am

Thu May 30, 2013
Asia

Examining China's Investment Record In U.S. Companies

Originally published on Thu May 30, 2013 8:19 am

How many Chinese companies have already bought U.S. businesses? David Greene talks to Dexter Roberts, Beijing bureau chief for Bloomberg Businessweek, about Chinese investment in the U.S.

6:25am

Thu May 30, 2013
Animals

Ga. Center Takes Pets When Families Have To Evacuate

Originally published on Thu May 30, 2013 8:19 am

Transcript

RENEE MONTAGNE, HOST:

Even as parts of the U.S. are being devastated by tornadoes, hurricane season it just beginning - officially this Saturday. One of the toughest decisions for people when a storm is approaching is whether to evacuate. Pets add to that dilemma, since most shelters don't accept animals. Georgia Public Broadcasting's Adam Ragusea tells us about a new evacuation center that's trying to change that.

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6:06am

Thu May 30, 2013
Business

The Last Word In Business

Originally published on Thu May 30, 2013 8:19 am

Amazon asked subscribers of its video-streaming service to do the jobs usually left to focus groups and executives. The company released 14 pilot TV shows, then looked at customer reviews and view counts. Amazon announced five pilots have been approved for a full season.

6:06am

Thu May 30, 2013
Business

Investors Approve Empire State Building IPO

Originally published on Thu May 30, 2013 8:19 am

Transcript

DAVID GREENE, HOST:

If you've ever wanted to own a piece of the Empire State Building, I guess now is your chance. The building's investors have approved a plan to turn the iconic New York high-rise into a publicly-traded company. This could mark the end of a bitter struggle over the buildings future.

Here's NPR's Dan Bobkoff.

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6:06am

Thu May 30, 2013
Politics

Select Senators Stall Budget Process

Originally published on Thu May 30, 2013 8:18 am

Transcript

DAVID GREENE, HOST:

OK. The nomination we just heard about involves reaching across the aisle. That's not something we hear much about. When it comes to the federal budget, if it feels like we haven't heard about the budget in a while, there's a reason for that. The process is stalled. Back in March, the House and Senate passed vastly different spending plans. In theory, the next step would be a conference committee to hash out the differences, but a handful of senators are blocking that from happening.

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