Business

6:26am

Wed April 3, 2013
Business

Fannie Mae Posts Record Profit

Originally published on Wed April 3, 2013 9:44 am

For all of last year, Fannie Mae posted net income of $17.2 billion. Just a year earlier, it had lost nearly the same amount. The company that finances home mortgages is still under government conservatorship.

6:26am

Wed April 3, 2013
Business

The Last Word In Business

Originally published on Wed April 3, 2013 8:19 am

Clarke started at the magazine in 1956. He drew cover boy Alfred E. Neuman and features like Spy Vs Spy. Editors said his legacy was "massive." and he will be greatly missed.

6:26am

Wed April 3, 2013
Business

Jay-Z Delves Into Sports Management

Originally published on Wed April 3, 2013 5:33 pm

Transcript

STEVE INSKEEP, HOST:

Some other news - Jay-Z is expanding his business empire. Music is not enough; his newest venture is sports management services. NPR's Wendy Kaufman reports.

(SOUNDBITE OF SONG, "DIAMONDS FROM SIERRA LEONE")

JAY-Z: (Rapping) I'm not a businessman. I'm a business, man.

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6:26am

Wed April 3, 2013
Business

Travel Guide Books Moved To Online

Originally published on Wed April 3, 2013 5:13 pm

Transcript

DAVID GREENE, HOST:

Hey Siri, can I take a shower on the Trans-Siberian Railway?

(SOUNDBITE OF BEEPING)

SIRI: I found 15 places matching the trend, southern of Denmark. They're pretty far from Railroad, Pennsylvania.

GREENE: Mm-hmm. OK. Not that accurate, Siri. Well, you know, what might work better than an iPhone? A travel guidebook, the good old fashion kind. Let me see I'm looking to see what it says in "Trans-Siberian Railway Guide" from Lonely Planet: There are no showers on passenger carriages except for a few top-quality trains.

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3:04am

Wed April 3, 2013
Shots - Health News

In South Jersey, New Options For Primary Care Are Slow To Take Hold

Originally published on Wed April 3, 2013 8:19 am

Dr. Madhumathi Gunasekaran examines John Pike at the Northgate II clinic in Camden, N.J.
Emma Lee

Camden, N.J., has serious health problems, with too many people going to local emergency rooms unnecessarily. But progress is being made, albeit slowly.

John Pike, 53, is a Camden resident who used to be a frequent flier at the ER.

Pike has a smoker's cough, and when that cough or pain in his bad hip flared up, he'd go to the ER — maybe eight or nine times a year. But when he did, ER staffers didn't really remember him or his medical history.

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2:58am

Wed April 3, 2013
Planet Money

H1-B Visa Applications As An Economic Indicator

Originally published on Wed April 3, 2013 8:19 am

The demand from American companies for high-skilled immigrants seems to be up this year. And that could mean something is about to change for the overall economy.

There is a cap on the number of visas the government gives out for these kind of workers every year. Lately, that cap has been 85,000. Demand always outstrips supply, but for the past couple of years, it has taken at least a few months to hit the quota. But this year, the H-1B visas might be gone by the end of the week.

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6:28pm

Tue April 2, 2013
The Two-Way

No April Fool's Joke: Samoa Air Charges Passengers By Weight

Originally published on Tue April 2, 2013 9:00 pm

A screen grab of Samoa Air's website.
www.samoaair.ws

OK, we've checked the date, and it's April 2, but this story from the Pacific island nation of Samoa left us scratching our heads: Samoa Air says it's charging passengers based on what they weigh.

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5:17pm

Tue April 2, 2013
Business

For Legal Pot Sellers, A Big Tax Problem

Originally published on Tue April 2, 2013 9:56 pm

Erica Freeman of Choice Organics weighs medical marijuana for a customer.
Grace Hood for NPR

An obscure tax code provision crafted for drug dealers is giving state-licensed medical marijuana dispensaries a headache.

In Colorado, federal income tax rates for dispensaries can soar as high as 70 percent because of a tax code section that does not allow businesses to claim certain deductions.

The section is known as 280E, and it was originally written for illegal drug traffickers. But today it's a thorn in the side of licensed dispensary owners like Erica Freeman.

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12:47pm

Tue April 2, 2013
The Two-Way

In Spain, A Mattress That Lets Your Money Rest Easy

Originally published on Tue April 2, 2013 12:57 pm

My Mattress Safe retails for about $1,120.
Courtesy of Descanso Santos Suenos

Spaniards wary of trusting their life savings to their country's shaky banking system can now buy a mattress that has an armored safe equipped with a keypad combination lock hidden in one end.

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11:59am

Tue April 2, 2013
Shots - Health News

The Hidden Limitations Of Health Savings Accounts

Originally published on Tue April 2, 2013 12:20 pm

In order to get the tax advantages of a health savings account, the health plan it's linked to has to meet certain criteria.
iStockphoto.com

Health plan deductibles keep getting higher — the proportion of workers with a deductible that topped $1,000 for single coverage nearly tripled in the past five years, to 34 percent.

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