Business

3:33am

Fri April 12, 2013
Media

Startup CEO Wields Small Antenna In TV Streaming Battle

Originally published on Fri April 12, 2013 1:30 pm

Aereo CEO Chet Kanojia
Dan Bobkoff NPR

A top executive at News Corp. dropped a bombshell this week when he said the company is considering taking Fox's over-the-air network to cable. The announcement follows a court win for a startup company that streams broadcast channels online.

That startup's CEO, arguably the most feared man in television right now, is soft-spoken and rather techy.

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3:28am

Fri April 12, 2013
Planet Money

The Tax Code, Translated Into Plain English

Originally published on Fri April 12, 2013 10:55 am

Tim Boyle Getty Images

The tax code is full of complicated loopholes and deductions that require professional translation. So I called a bunch of accountants and tax lawyers and asked them: What are your favorite, most confusingly named deductions — and what do they actually mean?

Intangible Drilling Costs

"The government will pay you to dig a hole in the ground," says Howard Rosen, a CPA in St. Louis. "You can write it all off immediately."

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3:27am

Fri April 12, 2013
Latin America

In The Wake Of Brazil's Boom, Prices To Match

Originally published on Fri April 12, 2013 10:56 am

Tatiana Coelho buys fruit from a vendor in a favela in Rio de Janeiro, Brazil, on Sept. 20, 2012. Prices, especially for food, are skyrocketing in Brazil.
Melanie Stetson Freeman Christian Science Monitor via Getty Images

In Sao Paulo, Brazil's largest city, a Starbucks coffee shop looks as it would in the United States. It has the same jazzy music; the same items on the menu.

There is one thing that is different, though: the prices.

"Everyone told me it's expensive, but when you see it yourself it's shocking," says one customer, Thierry, who is from Geneva and is in town for a wedding.

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5:49pm

Thu April 11, 2013
Business

Japan's Big Stimulus Move Shocks Globe's Market Watchers

Passersby watch share prices spike in Tokyo on April 4, the day Japan's central bank announced a massive purchase of government bonds. The bank hopes the scale of the effort will boost Japan's slow-moving economy.
Yoshikazu Tsuno AFP/Getty Images

Currency traders were stunned last week by aggressive action from Japan's central bank. The Bank of Japan embarked on a bond-buying program that, by one measure, is twice the size of the extraordinary moves by Ben Bernanke and the Federal Reserve in the United States. The BOJ's move is an effort to shock the Japanese economy out of more than a decade of sluggish growth and deflation.

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5:01pm

Thu April 11, 2013
Business

Joint Airbag Recall Affects More Than 3 Million Cars

Originally published on Fri April 12, 2013 2:56 pm

Transcript

AUDIE CORNISH, HOST:

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

MELISSA BLOCK, HOST:

And I'm Melissa Block.

More than three million cars and trucks worldwide are being recalled. Honda, Toyota, BMW, Mazda, Nissan, and Pontiac all say some of their vehicles made between 2001 and 2003 could potentially have faulty airbags.

NPR's Sonari Glinton reports.

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4:17pm

Thu April 11, 2013
The Salt

A Legal Twist In The Effort To Ban Cameras From Livestock Plants

Originally published on Mon April 15, 2013 4:38 pm

Cows wait to be milked at a California dairy farm.
Justin Sullivan Getty Images

For years, undercover videos documenting animal cruelty at farms and slaughterhouses have cast the nation's meat and dairy farmers in a grim light.

In response, the livestock industry supported legislative efforts in multiple states designed to keep cameras from recording without permission in livestock plants. The Salt reported on these efforts, which activists call "ag gag" bills, last year.

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4:11pm

Thu April 11, 2013
The Two-Way

Price Tag On Cyprus Bailout Goes Up

Originally published on Thu April 11, 2013 6:08 pm

It's going to cost more to bail out Cyprus than originally projected, with officials now saying the cost will be $30 billion instead of the original estimate of $23 billion.

"It's a fact the memorandum of November talked about 17.5 billion [euros] in financing needs. And it has emerged this figure has become 23 billion [euros]," government spokesman Christos Stylianides was quoted by the BBC as saying on Thursday.

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11:40am

Thu April 11, 2013
Books

Hotel Magnate Bill Marriott On Life's Lessons

Originally published on Thu April 11, 2013 3:36 pm

In the 1920s, a man passing through Washington, D.C., noticed something about the city in September: It was sweltering, and there were few places to seek relief. He figured you could make a lot of money selling ice-cold drinks.

That first business venture set J.W. "Bill" Marriott Jr. on a road to riches.

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10:51am

Thu April 11, 2013
The Two-Way

Tepid Reception To Windows 8 Blamed For Drop In PC Sales

Originally published on Thu April 11, 2013 4:21 pm

Visitors tried out Windows 8 last month at the 2013 CeBIT technology trade fair in Hanover, Germany.
Sean Gallup Getty Images

Sales of new PCs plummeted nearly 14 percent globally in the first three months of the year, and much of the blame is being placed on Microsoft's new Windows 8 operating system.

International Data Corp. reported Wednesday that shipments of PCs totaled 76.3 million worldwide in the first quarter of 2013, down 13.9 percent from the same period the previous year.

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10:47am

Thu April 11, 2013
The Two-Way

Why Does Anyone Care About Minutes Of Weeks-Old Fed Meetings?

Originally published on Thu April 11, 2013 12:30 pm

The Federal Reserve's headquarters in Washington, D.C. What goes on inside there is of intense interest to investors.
Karen Bleier AFP/Getty Images

There's been a bit of a brouhaha over the Federal Reserve's inadvertent early release Tuesday evening of minutes from its closed-door March 19-20 policy meeting.

As The Associated Press writes, "employees at JPMorgan Chase, Goldman Sachs Group, Wells Fargo and Citigroup were among those to receive [the] market-sensitive information."

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