Business

10:51am

Wed May 1, 2013
Business

Chuck E. Cheese Slims Down Along With Restaurant's Profits

Transcript

DAVID GREENE, HOST:

Good morning. I'm David Greene. If you're like me you remember some great birthdays at Chuck E. Cheese. The mascot at the pizza joint, an oversized rodent, gave the best birthday hugs. But these days Chuck E. is just not himself. It looks like he's been on a major diet. The restaurant chain has had a few tough years.

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8:35am

Wed May 1, 2013
The Two-Way

Slow Growth In April: 119,000 Jobs Added, Survey Shows

Originally published on Wed May 1, 2013 8:59 am

In Denver last month, a recruiter (right) talked with a job seeker at a health care career fair. There was job growth in April, according to a new survey, but the pace was modest.
Rick Wilking Reuters /Landov

A relatively weak 119,000 jobs were added to private employers' payrolls last month as federal spending cuts and tax increases began to bite, according to the latest ADP National Employment Report.

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6:01am

Wed May 1, 2013
Business

The Last Word In Business

Originally published on Wed May 1, 2013 2:36 pm

Transcript

DAVID GREENE, HOST:

Ah, suitors, makes me think of this. Cue it.

(SOUNDBITE OF THEME SONG TV SHOW, "DOWNTON ABBEY")

GREENE: "Downton Abbey," it's our last word in business today. The hit PBS program is expanding into the world of merchandise.

RENEE MONTAGNE, HOST:

CNBC reports the costume drama, set in Edwardian England, will soon launch a line of fashion, furniture, wallpaper and beauty products. The show's popularity has already created a boost in sales for items from the era, like gloves, fur capes and old-fashioned sherry.

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6:01am

Wed May 1, 2013
Business

Apple Sells Bonds

Originally published on Wed May 1, 2013 10:51 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a scramble for Apple bonds.

(SOUNDBITE OF MUSIC)

MONTAGNE: Apple, yesterday, sold $17 billion worth of bonds - which is a new industry record. Apple issued the bonds to take advantage of low interest rates as it prepares to make a payout of $100 billion to shareholders by 2015. Transcript provided by NPR, Copyright NPR.

5:54am

Wed May 1, 2013
Business

Foreign Factory Audits, Profitable But Flawed Business

Originally published on Wed May 1, 2013 11:11 am

A Bangladeshi soldier walks through rows of burnt sewing machines Nov. 25, after a fire in the nine-story Tazreen factory in Savar, near Dhaka. The fire killed 112 people.
AFP/Getty Images

A factory collapse in Bangladesh last week killed more than 400 people, mostly garment workers. Hundreds more are still missing, making it one of the largest manufacturing disasters in history. It's just the latest horrific accident in the garment industry despite more than a decade of auditing aimed at improving working conditions.

In September 2012, a fire at the Ali Enterprises factory in Pakistan killed nearly 300 workers. Six weeks later, in November, a fire in the Tazreen factory in Bangladesh killed 112 people. Then, last week, there was the Rana Plaza collapse.

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5:54am

Wed May 1, 2013
Business

J.C. Penney Wins Legal Fight Over Martha Stewart

Originally published on Wed May 1, 2013 10:51 am

Transcript

RENEE MONTAGNE, HOST:

Proof of Martha Stewart's ongoing commercial appeal has been on display in a New York courtroom. Yesterday, an appeals court decided that department store J.C. Penney can continue selling a new line of housewares designed by Stewart. But the ruling keeps Macy's from having the exclusive rights to the brand.

NPR's Sonari Glinton reports.

SONARI GLINTON, BYLINE: There is one reason why both J.C. Penney and Macy's want Martha Stewart.

MARSHAL COHEN: She's had a history of having success.`

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3:21am

Wed May 1, 2013
Your Money

Automatic-Enrollment IRAs Get A Test Run In California

Originally published on Wed May 1, 2013 10:51 am

iStockphoto.com

With all of the controversy over entitlement reform, there's one thing both sides can agree on: Social Security alone does not provide enough money for a comfortable retirement. For these workers, the Obama administration is proposing automatically enrolling workers in IRAs through their employers.

California adopted a version of this last year. Democratic state Sen. Kevin de Leon sponsored the bill to automatically enroll workers in an individual retirement account. The inspiration, he says, was his Aunt Francisca, who's 74.

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3:20am

Wed May 1, 2013
Business

Would You Pay A Higher Price For 'Ethical' Clothing?

Originally published on Wed May 1, 2013 10:51 am

The Joe Fresh store in New York City. Some of the clothes made in the building that collapsed last week in Bangladesh were destined for the brand.
Stephen Lovekin Getty Images

Look at photographs from the Bangladesh garment factory collapse, and you can see clothing in the rubble destined for a store called Joe Fresh, one of the many retailers using supercheap fashions made overseas to keep shoppers buying often.

But in the aftermath of the tragedy, would customers pay more if they knew the clothes were made by workers treated fairly and safely?

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7:40pm

Tue April 30, 2013
The Two-Way

Yahoo's Marissa Mayer Expands Parental Leave

Yahoo CEO Marissa Mayer on Feb. 20, 2013. Under Mayer, Yahoo is ending its remote work policy for employees.
Peter Kramer ASSOCIATED PRESS

Yahoo CEO Marissa Mayer, who sparked plenty of discussion about work-life balance when she prohibited telecommuting this past winter, took a step in the opposite direction, Tuesday: Mayer expanded Yahoo's parental leave policy.

Reuters reports:

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3:16pm

Tue April 30, 2013
The Two-Way

NBA Player Jason Collins Could Snag Endorsements, Speaking Gigs

Originally published on Tue April 30, 2013 4:04 pm

Jason Collins of the Washington Wizards rebounds against the Chicago Bulls at the United Center earlier this month in Chicago.
Jonathan Daniel Getty Images

For Jason Collins, coming out just might prove a winning career strategy.

Before this week, the NBA center seemed like just another second-tier professional athlete, slouching toward retirement while still in his 30s. But all that changed overnight when Collins acknowledged he was gay in an interview with Sports Illustrated magazine published Monday.

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