Business

5:58am

Wed December 12, 2012
Business

Do Unions Still Have Clout In Michigan?

Originally published on Wed December 12, 2012 7:27 am

Transcript

RENEE MONTAGNE, HOST:

The contentious fight over labor rights has been unfolding throughout the Midwest in the last couple of years. Michigan is only the latest example.

NPR's national political correspondent Don Gonyea joins us now to explore the broader impact of all this. Good morning, Don.

DON GONYEA, BYLINE: Good morning.

MONTAGNE: So how is what has happened in Michigan different from what we've seen over the past couple of years in Wisconsin and Ohio, where Republican governors also took on labor unions?

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5:58am

Wed December 12, 2012
Business

Federal Reserve Update

Originally published on Wed December 12, 2012 7:07 am

Federal Reserve officials were meeting this week to decide how much more credit to pump into the U.S. economy. To find out what they're likely to do — and why — Renee Montagne talks to David Wessel, economics editor of The Wall Street Journal.

5:27pm

Tue December 11, 2012
Business

Big Stores Changed Retail With Hands-On Shopping

Originally published on Tue December 11, 2012 9:34 pm

Transcript

AUDIE CORNISH, HOST:

We're going to get a little help now from Ebenezer Scrooge to set up this next conversation.

(SOUNDBITE OF MOVIE, "A CHRISTMAS CAROL")

UNIDENTIFIED MAN: (as Ebenezer Scrooge) I will live in the past, the present and the future. The spirits of all three shall strive within me. I will not shut out the lessons that they teach.

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5:26pm

Tue December 11, 2012
Business

HSBC Officials Knowingly Dealt With Iranian Banks

Originally published on Wed December 12, 2012 4:57 pm

Transcript

ROBERT SIEGEL, HOST:

More now on the HSBC case and, more broadly, on what banks are obliged to do and what HSBC did not do. Jimmy Gurule is a professor of law at Notre Dame University law school, used to be undersecretary for enforcement at the Department of the Treasury. Welcome to the program.

JIM GURULE: Thank you.

SIEGEL: And first, someone makes a big deposit at a big bank. What must the bank do and what must it know about that deposit?

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5:21pm

Tue December 11, 2012
Business

Small Businesses Might Still Hire If Taxes Are Raised

Originally published on Tue December 11, 2012 9:34 pm

Transcript

ROBERT SIEGEL, HOST:

Now to one of the big sticking points in Washington these days. Much of the debate over impending tax hikes and budget cuts centers on the tax rate for top earners. President Obama argues the tax rate for income over $250,000 a year should be allowed to go up. Republicans say there should be no change in tax rates. When Democrats talk about raising taxes on the wealthy, Republicans hear it as raising taxes on small businesses and killing jobs.

Well, NPR's S.V. Date has been exploring that argument.

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5:18pm

Tue December 11, 2012
Business

U.S. Officials Hope HSBC Penalty Sends A Message

Originally published on Wed December 12, 2012 4:55 pm

Transcript

ROBERT SIEGEL, HOST:

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

AUDIE CORNISH, HOST:

And I'm Audie Cornish. It is the biggest penalty ever paid by a bank to the U.S. government. HSBC, a British company, will hand over $1.9 billion to settle a money laundering case. The Justice Department says HSBC violated the bank secrecy act and the trading with the enemy act by doing business with the likes of Iran.

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2:16pm

Tue December 11, 2012
Law

What Changes In Right-To-Work States?

Originally published on Tue December 11, 2012 4:26 pm

Transcript

NEAL CONAN, HOST:

This is TALK OF THE NATION. I'm Neal Conan in Washington.

(SOUNDBITE OF PROTEST)

CONAN: That was the scene this morning outside the Michigan statehouse in Lansing as activists protested the legislature's work on two bills to rewrite the state's labor laws and make Michigan the 24th state in the country to become a right to work state. Rick Pluta, the managing editor and statehouse bureau chief for Michigan Public Radio Network, joins us now by phone from the statehouse. Nice to have you on the program today.

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11:56am

Tue December 11, 2012
Money Coach

'Tis The Season To Avoid Charity Scams

Originally published on Thu December 20, 2012 11:13 am

Transcript

MICHEL MARTIN, HOST:

Now we'd like to talk about those new unemployment numbers. Last week, we learned that the national unemployment rate has dropped to 7.7 percent. That's the lowest level in four years. But the cheering hasn't started for one group of people, the youngest workers, or would-be workers.

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11:56am

Tue December 11, 2012
Economy

You're Hired! Apprenticeships And Unemployed Youth

Originally published on Thu December 20, 2012 11:13 am

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin, and this is TELL ME MORE, from NPR News. Later in the program, you might think of apprenticeships as something out of the era of blacksmithing and barrel-making, but our next guest says it's time for this type of employment to make a comeback.

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11:56am

Tue December 11, 2012
Economy

Are 'Fiscal Cliff' Conversations Going Anywhere?

Originally published on Tue December 11, 2012 4:08 pm

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE, from NPR News. I'm Michel Martin. The latest unemployment numbers are out and while things are getting slightly better overall, younger people who want to work are still having a very tough time. We reached out to an economist who says apprenticeships might offer one way to offer more opportunity to the younger trying to get into the world of work. We'll talk more about that in just a few minutes.

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