Business

5:11am

Tue May 7, 2013
Economy

Portugal Struggles To Avoid 2nd Bailout

Originally published on Tue May 7, 2013 11:04 am

Transcript

DAVID GREENE, HOST:

Europe is debating whether austerity - with its deep budget cuts and tax hikes - is the right cure for the continent's debt crisis. But in Portugal, one of the first countries bailed out by the European Union, the austerity drive goes on. The government there is struggling to repay its loans, and has announced more steep job and benefit cuts, as the country struggles to avoid what was Greece's fate - a second bailout.

Here's Lauren Frayer reports.

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5:11am

Tue May 7, 2013
Business

The Last Word In Business

Originally published on Tue May 7, 2013 11:04 am

Transcript

DAVID GREENE, HOST:

And in our last word in business today, we remember a woman who inspired one of TVs most famous moms.

(SOUNDBITE FROM TV SHOW, "THE SIMPSONS")

JULIE KAVNER: (as Marge Simpson) Oh, I've never been so proud. You both deserve a big, big reward.

STEVE INSKEEP, HOST:

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5:11am

Tue May 7, 2013
Business

Business News

Originally published on Tue May 7, 2013 11:04 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with record fines for PG&E.

(SOUNDBITE OF MUSIC)

INSKEEP: Regulators have recommended that the utility company Pacific Gas and Electric - that's PG&E pay a $2.25 billion penalty for a natural gas explosion in San Bruno, California.

DAVID GREENE, HOST:

That fire, blamed on poor maintenance on an aging pipeline, it killed eight people, injured dozens and destroyed 38 homes in the San Francisco suburb.

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5:11am

Tue May 7, 2013
Business

Tile Business Owners: Web Sales Tax Would Be A 'Nightmare'

Originally published on Tue May 7, 2013 11:04 am

Transcript

DAVID GREENE, HOST:

Right now online you can buy virtually anything: shoes, books, jewelry, tools, and you pay no state sales taxes. Well, that might soon change.

STEVE INSKEEP, HOST:

Yesterday the Senate overwhelmingly approved the Marketplace Fairness Act. That bill gives states the power to enforce their sales tax laws on online retailers making more than $1 million per year.

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5:11am

Tue May 7, 2013
Business

Casino Gambling Indicates Economic Turnaround Is Solid

Originally published on Tue May 7, 2013 11:04 am

Transcript

STEVE INSKEEP, HOST:

Here's a sign of economic recovery: Americans are gambling again. People apparently have enough money to throw some of it away. After a drop during the slowdown, casino revenues are up nationwide. In fact, up to pre-recession levels.

NPR's Nina Gregory reports.

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3:03am

Tue May 7, 2013
National Security

U.S. Turns Up Heat On Costly Commercial Cybertheft In China

Originally published on Wed May 8, 2013 1:04 pm

Chinese cyber-espionage is threatening U.S. economic competitiveness.
Andy Wong AP

American companies that do business with China make good money. They also lose a lot of money there to cyberthieves, who routinely hack into the computers of the U.S. firms and steal their trade and technology secrets.

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2:59am

Tue May 7, 2013
Joe's Big Idea

Envisioning The Future With Cori Lathan

Originally published on Tue May 7, 2013 11:04 am

AnthroTronix Founder and CEO Corinna Lathan, at the company's offices in Silver Spring, Md.
Courtesy of AnthroTronix, Inc.

Computers were created to be useful tools, but all too often it's still a chore to get technology to do our bidding.

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6:19pm

Mon May 6, 2013
Business

Some Net Retailers Aren't Buying Online Sales Tax Proposal

Originally published on Mon May 6, 2013 9:00 pm

The Senate on Monday approved a bill to allow states to collect sales taxes from online retailers. Proponents say sellers will get help navigating tax collection, but many retailers says complying will be burdensome and opens the door for unforeseen problems.
iStockphoto.com

Congress is considering a bill that would allow states to collect sales taxes from online retailers. Proponents say a law is necessary to level the playing field with brick-and-mortar stores and to raise revenue for states.

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4:57pm

Mon May 6, 2013
Technology

Tech Week Ahead: YouTube's Subscription Service

Originally published on Mon May 6, 2013 9:00 pm

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block.

AUDIE CORNISH, HOST:

I'm Audie Cornish. And it's time now for All Tech Considered.

(SOUNDBITE OF THEME MUSIC)

CORNISH: YouTube, the website that made its name as the place where you can broadcast yourself, is on the verge of launching a subscription service. NPR's Laura Sydell joins us now to talk more about it. And, Laura, what is YouTube up to?

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4:57pm

Mon May 6, 2013
U.S.

Another Vote Ahead For Pot In Colorado: This Time, On Taxes

Originally published on Mon May 6, 2013 9:00 pm

Medical marijuana has been legal in Colorado for more than a decade. Coloradans voted to legalize recreational use in November, but lawmakers say the industry can be properly regulated only if voters approve a new tax.
Brennan Linsley AP

This week, Colorado lawmakers hope to pass the first comprehensive set of recreational pot regulations in the country. The proposed rules involve who can sell it, where and to whom, and also include a big new tax — one that voters must go back to the polls to approve.

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