Business

5:53pm

Thu January 17, 2013
Crisis In The Housing Market

Homebuilding Is Booming, But Skilled Workers Are Scarce

Originally published on Thu January 17, 2013 6:29 pm

New homebuilding reached a 4 1/2 year high in December, welcome news for an industry that lost 2 million jobs during the downturn. Despite those job losses, the sector is experiencing a labor shortage in some parts of the U.S.
Tony Dejak AP

The construction industry in the U.S. is staging a comeback. In one indicator, the Commerce Department announced Thursday that new homebuilding has reached its highest level in 4 1/2 years.

While that's a promising sign for the industry, more than 2 million construction jobs have been lost in the sector since employment hit its peak. While some might expect that means plenty of people are ready to fill the new jobs, many markets around the country are actually experiencing a shortage of construction workers.

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5:38pm

Thu January 17, 2013
All Tech Considered

Bump On The Road For Driverless Cars Isn't Technology, It's You

Originally published on Fri January 18, 2013 1:07 am

Car companies are picking up automobile concepts such as this Lexus SL 600 Integrated Safety driverless research vehicle, shown at the Consumer Electronics Show in early January in Las Vegas.
Julie Jacobson AP

4:57pm

Thu January 17, 2013
Business

Beleaguered American Airlines Looks For A Fresh Start With New Look

Originally published on Thu January 17, 2013 6:10 pm

American Airlines unveiled the first change to its logo and the look of its planes since 1968 on Thursday.

1:50pm

Thu January 17, 2013
The Two-Way

Calling Obamacare 'Fascisim' Was 'Poor Choice Of Words,' Whole Foods CEO Says

Originally published on Thu January 17, 2013 3:06 pm

John Mackey is co-CEO and co-founder of Whole Foods Market and co-founder of the nonprofit Conscious Capitalism, Inc.
Whole Foods Market Courtesy Harvard Business Review Press

When The Salt posted Wednesday that Whole Foods CEO John Mackey told Morning Edition that President Obama's health care overhaul isn't socialism, it's "fascism," there was quite a response. The post has more than 500 comments, so far.

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10:05am

Thu January 17, 2013
Economy

In Connecticut, Two Sides Of A Deep Economic Divide

Originally published on Tue January 22, 2013 9:21 am

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For more on this GlobalPost series, click here.
GlobalPost

8:45am

Thu January 17, 2013
The Two-Way

Jobless Claims At Five-Year Low; Home Building Hit Five-Year High In 2012

Originally published on Thu January 17, 2013 2:53 pm

Going up in Chicago: Row houses under construction.
Scott Olson Getty Images

There were 335,000 first-time claims for unemployment insurance last week, down 37,000 from the week before, the Employment and Training Administration reports.

That's the lowest total for any one week since January 2008.

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5:37am

Thu January 17, 2013
Business

The Last Word In Business

Originally published on Thu January 17, 2013 11:11 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: outsourcing.

When an American-based company noticed that somebody had been logging onto their computer system from China, day after day, they worried it was hackers so they called in some telecom risk experts from Verizon.

RENEE MONTAGNE, HOST:

And what they discovered was surprising. The activity from China was all being done with the logon of one of the firms' top software developers. Turns out the unnamed employee was outsourcing his job to several Chinese consulting companies.

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5:37am

Thu January 17, 2013
Author Interviews

Part 2: 'Conscious Capitalism'

Originally published on Thu January 17, 2013 11:11 am

Steve Inskeep continues his conversation with Whole Foods CEO John Mackey, who in 2009 denounced President Obama's proposed health care law. Mackey's new book is Conscious Capitalism.

5:37am

Thu January 17, 2013
Business

Business News

Originally published on Thu January 17, 2013 11:11 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with another ominous sign from Europe.

We've told you, in recent days, how car sales in the United States have really surged as people finally had some money to spend or finally made a long delayed purchase.

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5:37am

Thu January 17, 2013
Around the Nation

FAA Grounds Boeing's New Jetliner In The U.S.

Originally published on Thu January 17, 2013 11:11 am

Transcript

RENEE MONTAGNE, HOST:

Still more trouble for Boeing's newest passenger jet, the 787, known as the Dreamliner. The FAA has grounded all U.S.-owned 787s because of safety concerns. This follows an earlier move by Japan doing the same. NPR's Wendy Kaufman reports for today's Business Bottom Line.

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