Business

2:38pm

Mon June 3, 2013
Economy

Checking In On The Economy, The Good And Sluggish

The U.S. economy started showing signs of recovery in June 2009, according to the National Bureau of Economic Research. Four years later, the economy is slow to recover in some areas. The stock market and housing are showing signs of growth, while unemployment still lags behind.

2:09pm

Mon June 3, 2013
The Salt

Sandwich Monday: Dunkin' Donuts Glazed Donut Breakfast Sandwich

We couldn't wait for Dunkin's Glazed Donut Breakfast Sandwich to go national, so we got the raw materials and made our own.
NPR

Like all great traditional Boston foods — the Boston Cream Pie, Boston Baked Beans, the Chicago Pizza at the Pizzeria Uno near Fenway — the Glazed Donut Breakfast Sandwich is about to go national. Someday, Bostonians will talk about how they heard it play when it was just a cool, local sandwich.

Ian: I never realized how pointless bagels were before.

Miles: I like a breakfast that forces me to take a nap right after waking up.

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1:32pm

Mon June 3, 2013
The Salt

Wal-Mart Pledges Fresher Produce By Cutting Out The Middleman

Originally published on Tue June 4, 2013 4:02 pm

A shopper selects produce at a Wal-Mart in Deptford, N.J.
Matt Rourke AP

The nation's largest retailer announced Monday that it will be delivering produce from farms to stores faster by buying fruits and vegetables directly from growers.

The plan is to source about 80 percent of fresh produce directly, explained Jack Sinclair, executive vice president of the food business for Wal-Mart U.S., during a conference call that we participated in Monday morning.

In many instances, Sinclair says it will be possible to "cut out the middleman," but he added that local wholesalers will continue to "play an important role for us in the areas we serve."

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8:39am

Mon June 3, 2013
The Two-Way

Who Knew? Fed Chairman Ben Bernanke Is A Funny Guy

Originally published on Mon June 3, 2013 10:15 am

Federal Reserve Chairman Ben Bernanke. (2010 file photo.)
Tim Shaffer Reuters /Landov

Hearing that Federal Reserve Chairman Ben Bernanke offered Princeton graduates "10 suggestions" at their commencement ceremony Sunday, we had visions of those in caps and gowns nodding off during a treatise on the fine points of investing in municipal bonds.

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7:46am

Mon June 3, 2013
The Two-Way

Cardboard Bike Creator May Soon Start Peddling His Product

Originally published on Tue June 25, 2013 1:07 pm

Israeli inventor Izhar Gafni and his cardboard bicycle.
Baz Ratner Reuters /Landov

After capturing the imagination of people around the world last year with video of a bicycle made almost entirely out of cardboard, Israeli inventor Izhar Gafni is now hoping to capture money from folks who would like to own one.

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6:13am

Mon June 3, 2013
Business

Trial To Start In Apple Price-Fixing Dispute

Originally published on Mon June 3, 2013 10:23 am

Transcript

RENEE MONTAGNE, HOST:

And Apple faces off with the Justice Department beginning today in a federal court over a price-fixing dispute. Last year, the government accused Apple of conspiring with five major publishing companies to raise prices on electronic books.

NPR's Jim Zarroli reports.

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5:54am

Mon June 3, 2013
Business

Business News

Originally published on Mon June 3, 2013 10:23 am

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with some European optimism.

(SOUNDBITE OF MUSIC)

WERTHEIMER: The president of the European Central Bank, Mario Draghi, says he expects to see a gradual economic recovery in the eurozone nations this year. Speaking in Shanghai yesterday, he acknowledged the region still faces challenges, including record unemployment, but he cited growing European exports and rising regional stock markets as factors indicating better times ahead. Transcript provided by NPR, Copyright NPR.

5:54am

Mon June 3, 2013
Business

The Last Word In Business

Originally published on Mon June 3, 2013 10:23 am

Transcript

RENEE MONTAGNE, HOST:

And today's last word in business is: Fridge for sale.

The seller is New York State and it comes from a Manhattan psychiatric ward.

LINDA WERTHEIMER, HOST:

It's a morgue cooler, and it's available on eBay. The Listing describes its condition as "good." It is big enough, as the New York Post points out, to hold four cadavers or nearly 2,000 cans of beer.

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3:29am

Mon June 3, 2013
Business

Surf Air Offers 'All You Can Fly' For A Monthly Fee

Originally published on Mon June 3, 2013 10:23 am

Surf Air CEO Wade Eyerly stands in front of one of the airline's turboprop planes in Burbank, Calif. Eyerly boasts that Surf Air will offer frequent commuters a corporate jet experience for not much more than regular airline prices.
Wendy Kaufman NPR

A new airline with an innovative, "all you can fly" business model is about to take off. Federal regulators have just given California-based Surf Air permission to begin passenger service.

Surf Air is a big idea with small planes. For a flat monthly fee, subscribers will be able to take all the trips they want among four California cities: San Francisco, Monterey, Santa Barbara and Los Angeles.

The airline's co-founder and CEO Wade Eyerly boasts that Surf Air will offer frequent commuters a corporate jet experience for not that much more than regular airline prices.

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7:03am

Sat June 1, 2013
Code Switch

If This Cute Cheerios Ad Causes Drama, What Won't?

Originally published on Mon June 3, 2013 12:13 pm

Cheerios via YouTube

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