Business

5:17am

Fri April 26, 2013
Politics

FAA Expected To Gain Flexibility On Budget Cuts

Originally published on Fri April 26, 2013 6:59 pm

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION from NPR News. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Now that automatic spending cuts are causing wider pain, Congress has begun finding ways to adjust some of them.

MONTAGNE: Today the House is expected to take up a bill the Senate has already approved. It's called the Reducing Flight Delays Act of 2013, and it comes after a week of flight delays and outrage from members of Congress, linked to the furloughs the FAA air traffic controllers.

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3:03am

Fri April 26, 2013
Space

Can You Hear Me Now? Cellphone Satellites Phone Home

Originally published on Fri April 26, 2013 6:59 pm

Three PhoneSats, like the one seen here during a high-altitude balloon test, were launched into space on Sunday. The slightly modified cellphone satellites cost a few thousand dollars in parts.
NASA Ames Research Center

Smartphones can check e-mail, record videos and even stream NPR. Now NASA has discovered they make pretty decent satellites, too. Three smart phones launched into space this past Sunday are orbiting above us even now, transmitting data and images back to Earth. The PhoneSats, which cost just a few thousand dollars each, could usher in big changes for the satellite industry.

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5:15pm

Thu April 25, 2013
Media

China's CCTV America Walks The Line Between 2 Media Traditions

Originally published on Thu April 25, 2013 8:16 pm

Before joining CCTV America, Phillip T.K. Yin was an anchor and reporter for Bloomberg Television.
CCTV America

At a time when so many major American news organizations are cutting back, foreign news agencies are beefing up their presence abroad and in the U.S. One of the biggest new players arrives from China and, more likely than not, can be found on a television set near you.

CCTV, or China Central Television, is owned by the Chinese government. With more than 40 channels in China and an offshoot in the U.S., the broadcaster has been highly profitable for the country's ruling Communist Party, which is liking profits a lot these days.

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4:59pm

Thu April 25, 2013
Around the Nation

Making Room: Can Smaller Apartments Help New York City Grow?

Originally published on Thu April 25, 2013 8:16 pm

Some housing experts say New York's zoning code has discouraged the building of affordable housing by requiring that all apartments be at least 400 square feet. The city is interested in finding ways to rewrite the rules.
iStockphoto.com

New York City is notoriously crowded, and it's only getting more so. The city estimates it will have 1 million more people by the year 2030, many of them single. Where to place all these newcomers is a major challenge.

Mayor Mike Bloomberg has announced plans to put up an experimental building of micro-apartments that could be replicated throughout the city. And the Museum of the City of New York is looking at ways to make better use of the city's housing stock.

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3:01pm

Thu April 25, 2013
The Two-Way

Still In The Middle Class, But Standing On A Banana Peel

Most U.S. workers fit snugly into the middle class, but they worry a lot about falling out of it, according to a poll released Thursday.

After years of watching home prices slide and job creation stall, 6 in 10 Americans say they fear tumbling from the middle class in the next few years, the Allstate-National Journal Heartland Monitor Poll suggests.

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2:25pm

Thu April 25, 2013
Economy

Signing Up For Food Stamps: The Choice And The Stigma

Transcript

NEAL CONAN, HOST:

This is TALK OF THE NATION. I'm Neal Conan in Washington. Another promising report today suggests that the economy in general and employment in particular continue to improve, but there's another statistic that's more troubling. More Americans than ever participate in the Supplemental Nutrition Assistance Program, commonly known as food stamps.

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11:22am

Thu April 25, 2013
The Two-Way

Google Agrees To Change Display Of Search Results In Europe

Originally published on Thu April 25, 2013 12:16 pm

Google makes a deal with the EU.
Adam Berry Getty Images

Google has agreed to modify the way it displays search results in Europe as part of a deal to end a probe by the EU's antitrust body. But rivals Microsoft, Nokia and Oracle will first have to sign off on the changes, reports say.

As ZDNet writes:

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9:46am

Thu April 25, 2013
The Two-Way

Anger Rises Along With Death Toll At Bangladesh Factory

Originally published on Thu April 25, 2013 11:31 pm

Volunteers use a length of textile as a slide to move victims Thursday from the rubble of a collapsed building in Savar, Bangladesh.
AFP/Getty Images

Update at 11:28 p.m. ET: Toll At 275

Authorities said early Friday that 275 bodies have been recovered from the site.

Brig. Gen. Mohammed Siddiqul Alam Shikder, head of the rescue operation, said 61 people had been rescued since Thursday afternoon, according to The Associated Press. More than 2,000 people have been rescued since the building's collapse on Wednesday.

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9:23am

Thu April 25, 2013
The Two-Way

Weekly Jobless Claims Dip To Near Five-Year Low

Originally published on Thu April 25, 2013 10:07 am

Will there soon be more signs like this? A "now hiring" advertisement in San Francisco last year.
Justin Sullivan Getty Images

There were 339,000 first-time claims for unemployment insurance last week, down 16,000 from the week before, the Employment and Training Administration says.

The drop brought claims down to around their lowest level since early 2008, when the latest recession was just getting started and before the downturn got its grip on the economy.

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5:37am

Thu April 25, 2013
Business

House Panel Examines Government Loan To Fisker Automotive

Originally published on Fri April 26, 2013 2:46 am

Transcript

RENEE MONTAGNE, HOST:

Auto executives got a grilling on Capitol Hill yesterday. Not the usual suspects from Detroit's Big Three. Think much, much smaller. Executives from the hybrid carmaker Fisker testified about hundreds of millions of dollars in loans Fisker got from the government. Today, the company is on the verge of collapse.

NPR's Sonari Glinton reports.

SONARI GLINTON, BYLINE: Fisker, the car company, isn't dead yet. But Congress has already begun the autopsy.

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