Business

5:10am

Thu March 21, 2013
Business

The Last Word In Business

Originally published on Thu March 21, 2013 9:23 am

Marmageddon is the term coined by the media to describe the shortage of Marmite in New Zealand, which resulted after the 2011 earthquake in Christchurch damaged the country's only Marmite factory. After many delays, the factory has reopened. Love it or hate it, the dark brown spread made from yeast extract is back on store shelves.

3:03am

Thu March 21, 2013
Planet Money

Why Cyprus Matters

Originally published on Thu March 21, 2013 10:25 am

People wait in line to use the ATM at a bank in the Cypriot capital Nicosia.
Patrick Baz AFP/Getty Images

Banks on Cyprus remain closed today. The Cypriot Parliament has rejected the terms of a bailout from the European Union. The finance minister is in Moscow looking for financial help from the Russians.

Cyprus has about as many residents as the Bronx. When you add up all the country's banks, they don't even match the 30th largest bank in the U.S. But people all over the world have good reason to be freaked out over what's happened there this week.

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2:58am

Thu March 21, 2013
All Tech Considered

Samsung's On A Roll, But Can It Beat Apple?

Originally published on Thu March 21, 2013 9:32 am

The new Samsung Galaxy S4 has been the subject of buzz in the tech media.
UPI /Landov

Samsung has been on a roll. The hype surrounding its latest smartphone, the Galaxy S4, created a buzz in the tech media — and chatter that Samsung was poised to eat Apple's lunch. But Samsung's long-term position in the smartphone market is more complicated.

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4:58pm

Wed March 20, 2013
Business

Lululemon's Too-Sheer Yoga Pants Reveal Problems In Company's Supply Chain

Originally published on Wed March 20, 2013 6:43 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

The retailer Lululemon has turned pricey yoga clothes into fashion. But now, some of its yoga pants have revealed problems for the company. As NPR's Wendy Kaufman explains, the pants are, well, see-through.

UNIDENTIFIED WOMAN: Inhale all the way over to your left wrist.

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4:58pm

Wed March 20, 2013
Business

JCPenney Hopes Joe Fresh Partnership Will Reboot Sales With New Customers

Originally published on Thu March 21, 2013 9:40 am

J.C. Penney's latest turnaround idea is an old one — the store within a store. But signing a deal is the easy part. Making it work for both parties is the hard part.

1:34pm

Wed March 20, 2013
The Two-Way

Ahead Of Federal Reserve Statement, Stocks Are Up

Originally published on Wed March 20, 2013 2:27 pm

Update at 2:03 p.m. ET. Rates Unchanged:

Following a meeting of the Federal Open Market Committee, the Federal Reserve said in a policy statement today that it is continuing with its "highly accommodative stance of monetary policy."

That means that it will stay the course with its aggressive stimulus, buying $85 billion of bonds a month.

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11:48am

Wed March 20, 2013
Monkey See

Men Are From Mars, Women ... Love Cup Holders?

Originally published on Wed March 20, 2013 12:37 pm

iStockphoto.com

When you read the words of Clotaire Rapaille, a "French-born psychiatrist-turned-marketer" quoted in yesterday's interesting Slate article about the marketing of cars to women, it's hard not to read them in a voice that's sultry and French and not entirely serious, as if he's some kind of sales expert crossed with Pepe Le Pew (despite the fact that this doubtless has no basis in reality).

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10:44am

Wed March 20, 2013
The Two-Way

Chinese Solar Panel Maker Suntech Goes Bankrupt

Originally published on Wed March 20, 2013 2:25 pm

Workers at a Suntech plant in Wuxi last month.
Peter Parks AFP/Getty Images

The future doesn't look so bright for China-based Suntech, one of the world's largest makers of solar panels: On Wednesday, it was forced into bankruptcy after missing a $541 million payment to bondholders.

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9:52am

Wed March 20, 2013
Planet Money

Is It Legal To Sell Your Old MP3s?

Originally published on Wed March 20, 2013 2:12 pm

Brenda Chase Newsmakers

Say you buy a textbook in another country, where textbooks are cheap. Then you bring the book back to the U.S. and sell it at a profit. Did you break the law?

No, you didn't. In a ruling that came down yesterday, the Supreme Court ruled in favor of a student who had his friends and relatives buy textbooks in Thailand which he later re-sold in the U.S. on eBay.

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8:16am

Wed March 20, 2013
Business

Judge Approves Hostess Snack Food Sales

Originally published on Wed March 27, 2013 9:30 am

Twinkies, Ho Hos and Ding Dongs will go to a pair of private equity firms. Wonder Bread will be sold to snack food maker Flowers Food. The Beefsteak brand of bread will go to a Mexican company.

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