NPR's business news starts with a boost from Caterpillar.
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MONTAGNE: Caterpillar is reporting a big increase in its profits - up 67 percent for the second quarter. The world's largest manufacturer of heavy construction and mining equipment is on pace to rake in record profits this year. But that hasn't motivated Caterpillar to sweeten its offer to union workers who are on strike at a plant outside of Chicago.
While the job market remains sluggish, temporary work is one area that's done very well in the economic recovery. Companies are keeping their temps longer and are even using them to fill professional and high-ranking positions.
The average daily number of temporary workers employed during the first quarter of 2012 was more than 2.5 million. That's up from a low of 2.1 million in early 2009, according to the American Staffing Association.
Bagpipes and Scotland? Aye, it's a natural association: Played for centuries, the instrument is especially identified with the Scottish military and traditional Scottish dress, tartan kilts and shawls.
But bagpipes and Pakistan? Nae, you say? Think again.
Turns out no place in the world manufactures more bagpipes than Pakistan. And no city in Pakistan makes more of them than Sialkot.
Treasury Secretary Timothy Geithner was on Capitol Hill Wednesday to talk about the implementation of Dodd Frank. But the questions focused on why the New York Fed, under Geithner, didn't act more aggressively when it first learned about possible manipulation of a key interest rate.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
AUDIE CORNISH, HOST:
And I'm Audie Cornish. We begin this hour with the drought and how it could affect your grocery bill. Today, the U.S. Agriculture Department designated 76 more counties as disaster areas because of the drought and excessive heat. And it said that severe drought will likely affect prices for corn and other field crops, although it's too soon to know how much prices will go up.