Business

5:37am

Wed January 16, 2013
Business

The Last Word In Business

Originally published on Wed January 16, 2013 6:56 am

The online retailer Cafe Press is happy to sell you inaugural mouse pads, shot glasses, and mugs. And the merchandise is bipartisan, including a sweatshirt with the message: "I was Anti-Obama Before It Was Cool."

3:07am

Wed January 16, 2013
Planet Money

Is Herbalife A Pyramid Scheme?

Originally published on Wed January 16, 2013 6:34 pm

Susan Goldman AP

Herbalife, a company that sells weight loss shakes, vitamins and other similar products, is worth billions of dollars. The company has been around for more than 30 years, and it's traded on the New York Stock Exchange.

Bill Ackman thinks the whole thing is a pyramid scheme.

Ackman manages a hedge fund that has shorted more than a billion dollars' worth of Herbalife stock. If the stock falls — and Ackman says he thinks it will fall all the way to zero — the fund will make money.

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2:09am

Wed January 16, 2013
All Tech Considered

'It's About Time': Facebook Reveals New Search Feature

Originally published on Wed January 16, 2013 8:47 am

Facebook CEO Mark Zuckerberg speaks at Facebook headquarters in Menlo Park, Calif., on Tuesday.
Jeff Chiu AP

Facebook has launched a new feature that will let its users search for more detailed information across the social network. Soon, you'll be able to find the restaurants and TV shows your friends like or see every picture they've taken at the Grand Canyon.

As much as users may like the new features, the company hasn't exactly been a Wall Street darling. So, the new feature may be less about you and me and more about Facebook's bottom line.

"It's about time," Nate Elliott, an analyst at Forrester Research, said about the new feature. "It should have been there all along."

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5:47pm

Tue January 15, 2013
Business

Wal-Mart Offers Jobs To Any New Veterans With An Honorable Discharge

Originally published on Tue January 15, 2013 7:54 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

Wal-Mart said today that it will soon begin offering a job to any newly discharged veteran who wants one. The offer comes at a time when new veterans are having a tough time finding work. Also, Wal-Mart CEO Bill Simon promised the company will increase the amount of products it buys from domestic sources.

NPR's Jim Zarroli tells us more about both announcements.

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3:29pm

Tue January 15, 2013
The Two-Way

Facebook Unveils Graph Search, Adding A New 'Pillar' To Services

Originally published on Wed January 16, 2013 6:48 am

A sample search of Facebook's new Graph Search feature shows users' photographs. The company says users can also look for music.
Facebook

Users of Facebook will soon have a new search tool at their disposal, the leaders of the company announced Tuesday during a live event. The new Graph Search feature will let those on Facebook sift through photos, people, places, and business pages.

The new search ability will join Facebook users' newsfeed and timeline as "pillars" of their experience, said Facebook CEO Mark Zuckerberg, who predicted Graph Search would become an "amazing resource."

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1:47pm

Tue January 15, 2013
The Two-Way

Breweries Must Share 'Budweiser' Name, British Court Rules

Originally published on Wed January 16, 2013 6:54 am

A glass of Czech Budweiser beer is seen at the the Budejovicky Budvar brewery in southern Bohemia. Britain's highest court has ruled that the "Budweiser" name must be shared by two companies.
Michal Cizek AFP/Getty Images

The word "Budweiser" will continue to mean two different things in Britain, where the brand name has been a bone of contention for more than a decade. The U.K. Supreme Court has ruled against Anheuser-Busch InBev's request to stop Czech brewery Budvar from selling beer under the Budweiser name.

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1:39pm

Tue January 15, 2013
The Salt

Matching Diners To Chefs, Startups Hatch Underground Supper Clubs

Originally published on Wed January 16, 2013 1:36 pm

Japchae, a cooking class and Korean supper club held in 2012 in Ballston, Va., was organized through the site Feastly.
Courtesy of Noah Karesh

Remember all that hype about "underground" supper clubs a few years back? They lure adventurous diners into homes and makeshift spaces where fledgling chefs cook up feasts for pay. The hosts trade in secrecy and exclusivity, and play up food specificity with themes like "Pig Every Which Way," "Jewish Soul Food" and "A Taste Of Tripoli" (because there is no Libyan restaurant in town). And, on top of the food, attendees can revel in the novel experience of eating face-to-face, side-by-side with total strangers.

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12:22pm

Tue January 15, 2013
Economy

Has Obama Leveled The Economic Playing Field?

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Coming up, we get an update on developments in Mali in West Africa. That's a country known to many for its cultural heritage. French soldiers have started an assault to repel Islamist militants who have already taken northern territory. NPR's Ofeibea Quist Arcton is going to bring us up to date in just a few minutes.

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12:22pm

Tue January 15, 2013
Money Coach

Buy Shoes On Wednesday To Save Money

Transcript

MICHEL MARTIN, HOST:

And now, we turn to matters of personal finance and, as we are about midway through January, we thought we'd ask, how's that new year's resolution going? According to a poll from Marist University, spending less and saving more money is one of the top five resolutions Americans made for 2013.

But what if you just can't resist those cute pumps or that stress-relieving massage or you really need some new sheets and towels or that oil change? It turns out that there are actually optimal times in the year to buy certain things.

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10:07am

Tue January 15, 2013
The Two-Way

Wal-Mart Offers Veterans Jobs, Expects To Hire 100,000 Over Five Years

Originally published on Tue January 15, 2013 12:28 pm

The scene in a Wal-Mart store in Alexandria, Va.
AP

Saying that "hiring a veteran can be one of the best business decisions you make," Wal-Mart U.S. CEO Bill Simon confirmed this morning that the retail giant is launching a plan to hire more than 100,000 recently discharged veterans over the next five years.

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