Business

4:42am

Mon April 15, 2013
Business

After Years Of Climbing, Gold Prices Slide

Originally published on Mon April 15, 2013 1:28 pm

Transcript

DAVID GREENE, HOST:

And let's stay on the topic of billionaires.

STEVE INSKEEP, HOST:

Sure.

GREENE: Bloomberg News is reporting that billionaire investor John Paulson has lost more than $300 million as a result of the slide in gold prices. After climbing for years, gold has recently lost considerable ground. And it's widely expected to fall even further this week.

Here's NPR's Jim Zarroli.

Read more

4:42am

Mon April 15, 2013
Business

Business News

Originally published on Mon April 15, 2013 1:28 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with billion-dollar paychecks.

(SOUNDBITE OF THEME MUSIC)

INSKEEP: Institutional Investor's Alpha, a publication focusing on hedge funds, releases its annual Rich List today.

And that list estimates the world's top 25 fund managers who earned a combined $14.4 billion last year - which is down slightly from the year before.

DAVID GREENE, HOST:

Read more

4:42am

Mon April 15, 2013
Business

The Last Word In Business

Originally published on Mon April 15, 2013 2:21 pm

Transcript

DAVID GREENE, HOST:

And our last word in business today is: The Cicada Index.

Every 17 years, these nasty, loud, little insects known as Brood 2 cicadas emerge in staggering numbers - as many as on billion per square mile from the Carolinas to Connecticut.

STEVE INSKEEP, HOST:

They have a grinding song. They have an endless appetite for vegetation, and most people along the East Coast dread their arrival. But savvy investors know better.

Read more

2:25am

Mon April 15, 2013
Around the Nation

Tax Day Is This Statue Of Liberty's Last Day Of Work

Originally published on Mon April 15, 2013 1:28 pm

Robert Oliver, 27, dances on the corner of 28th and Crenshaw in west Los Angeles, dressed in a Statue of Liberty costume outside the offices of Liberty Income Tax.
David Gilkey NPR

The intersection of Crenshaw Boulevard and 28th Street looks like a lot of intersections in Los Angeles: There's a Taco Bell on one corner and a strip mall with a liquor store and a Liberty Tax Service office on the other. And out in front, as traffic speeds by, 27-year-old Robert Oliver is hard at work — dancing.

"So, chest movements like this, this is called bucking," he says. His chest bounces to the beat. His Bluetooth headphones are on. And his feet glide across the hot sidewalk like he's on ice. "I come up in here and I go down, and that's called a kill-off."

Read more

2:15pm

Sun April 14, 2013
The Two-Way

Beer Bust: Yankees Rename 'Craft Beer' Stand At Stadium

Originally published on Wed April 17, 2013 3:39 pm

The New York Yankees' "Craft Beer Destination" met with derision online, after fans noted the beers were all MillerCoors products — and one of them is a cider. The stand now has a new title, the "Beer Mixology Destination."
Amanda Rykoff

The baseball season is still young, but the New York Yankees have already faced harsh public criticism. No, we're not referring to their lackluster record. Instead, the Yanks were accused of trying to hoodwink beer drinkers with a new "Craft Beer Destination" concession stand at their Bronx stadium.

Read more

7:28am

Sun April 14, 2013
Business

Tax Tips For Procrastinators, And You Know Who You Are

Originally published on Mon April 15, 2013 12:40 pm

A customer goes over tax documents at a post office in New York City on last year's Tax Day.
Justin Sullivan Getty Images

Still haven't filed your taxes, eh?

Well, you have until 11:59 p.m. Monday to get it all done — or at least file for an extension that gets you off the hook until Oct. 15. To help all of you procrastinators, here are answers to a few of your questions.

If I'm filing by mail, can I come skidding into the post office at 11:58 p.m. and still make the deadline?

Read more

5:02pm

Sat April 13, 2013
Author Interviews

'Market Power' And The American Author

Originally published on Sat April 13, 2013 6:09 pm

Many authors struggle to make a living in America, thanks to smaller advances, shrinking royalties and the merging of publishing houses and the impact of e-books. The challenges are embraced by some and make others wary. Writer Scott Turow, who's also president of the Authors Guild, is in the latter camp. Host Jacki Lyden talks to Turow about his recent New York Times op-ed on the topic.

5:09am

Sat April 13, 2013
It's All Politics

Immigration Debate Puts Farm Workers Union In Spotlight

Originally published on Sat April 13, 2013 9:58 pm

United Farm Workers members were among the crowd that filled the lawn on Capitol Hill during an immigration rights rally Wednesday.
Jacquelyn Martin AP

A new immigration bill is expected to be introduced in the U.S. Senate next week, calling for better border security and a path to citizenship for 11 million immigrants in the United States without legal status.

One big hurdle toward that was cleared this week when the United Farm Workers reached a deal with growers that would address wages and caps the number of visas allowed for new workers.

Read more

4:29pm

Fri April 12, 2013
Media

Great Long-Form Journalism, Just Clicks Away

Originally published on Mon April 15, 2013 11:12 am

As newspapers around the country struggle with declining subscription rates and smaller staffs, passionate, long-form digital storytelling is creating new ways of delivering richly detailed reporting.
Justin Sullivan Getty Images

In the age of hundreds of cable channels, millions of 140-character bulletins and an untold number of cat videos, a fear has been growing among journalists and readers that long-form storytelling may be getting lost.

Read more

10:01am

Fri April 12, 2013
The Two-Way

Judge Rejects $20-Million Severance For American Airlines CEO

Originally published on Fri April 12, 2013 12:56 pm

American Airlines CEO Tom Horton stands next to a control tower at Berlin Brandenburg Airport in March 2012.
Sean Gallup Getty Images

A severance package of $20 million might have seemed reasonable to American Airlines CEO Tom Horton, but a U.S. bankruptcy judge says it's too much.

The proposed payout, part of a deal that would merge American parent AMR and US Airways Group, first caught the attention of U.S. Trustee Tracy Hope Davis, a Department of Justice official monitoring AMR's Chapter 11 bankruptcy.

Read more

Pages