Business

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.

8:16am

Wed March 20, 2013
Economy

Is The Housing Market Finally Back On Track?

For more on the housing industry, Steve Inskeep talks to David Wessel, economics editor of The Wall Street Journal.

8:16am

Wed March 20, 2013
Law

Court:Reselling Books Bought Abroad Isn't A Copyright Violation

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

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with some books for resale.

(SOUNDBITE OF MUSIC)

INSKEEP: Start reading now. The Supreme Court has ruled that buying books overseas and reselling them in the United States does not violate copyright law. Yesterday's six/three decision comes as a relief to companies like eBay and Costco that resell all sorts of foreign goods.

NPR's Dan Bobkoff reports.

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8:04am

Wed March 20, 2013
The Two-Way

Cyprus Scrambles For 'Plan B' Bailout

Originally published on Wed March 20, 2013 8:48 am

German Chancellor Angela Merkel gestures as she leaves a parliamentary session on Wednesday in Berlin.
Johannes Eisele AFP/Getty Images

Cypriot politicians are busy trying to come up with an alternative plan to raise the cash needed to stave off a collapse of its banking sector after they unanimously rejected an international bailout package that would have imposed a levy on the nation's savings accounts.

Here's a quick look at some of Wednesday's developments:

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3:09am

Wed March 20, 2013
Shots - Health News

Law Says Insurers Should Pay For Breast Pumps, But Which Ones?

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

Some insurers prefer to pay for manual breast pumps, but some working moms prefer more expensive, electric models.
iStockphoto.com

Pediatricians and health officials are eager to encourage breast-feeding as one of the best and most economical ways to protect a baby's health.

To that end, the federal Affordable Care Act requires that health insurance plans provide new mothers with equipment and services to help make those feedings easier.

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3:07am

Wed March 20, 2013
Economy

For Some Ready To Buy, A Good Home Is Hard To Find

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

Bove gets text alerts of new homes coming on the market.
Lauren Rock for NPR

The first day of spring typically signals the high season for open houses and home sales.

The season seems to have arrived early in some places where homebuying is already frenzied, and in many markets, the pendulum has swung from an excess of homes on the market a few years ago to a shortage.

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3:06am

Wed March 20, 2013
Financial Basics For Baby Boomers

Annuities Explained: The Choices And Red Flags

Originally published on Wed March 27, 2013 9:32 am

iStockphoto.com

Companies are licking their chops at the prospect of a wave of baby boomers leaving their jobs with trillions of dollars in 401(k)s and other savings accounts, so older Americans may find themselves bombarded with ads for annuities. And younger boomers, too, may be targeted, since many are helping their parents with investment decisions.

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6:21pm

Tue March 19, 2013
Business

Odd Political Bedfellows Agree: Banks Still Too Big To Fail

Originally published on Tue March 19, 2013 7:51 pm

Sen. Elizabeth Warren, D-Mass., questions Federal Reserve Board Chairman Ben Bernanke during a Senate hearing last month. Senators from both ends of the political spectrum argue that financial reforms are insufficient to protect taxpayers from potential risks posed by large banks.
Gary Cameron Reuters/Landov

Amid Washington's dysfunction, one issue has united some liberal Democrats and conservative Republicans: a common concern that "too big to fail" is alive and well.

Despite the Dodd-Frank financial reforms, these lawmakers believe the nation's largest banks still pose a threat to the economy and that the government will step in to bail them out if they get in trouble.

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4:49pm

Tue March 19, 2013
The Salt

Cash Back On Broccoli: Health Insurers Nudge Shoppers To Be Well

A shopper at a branch of South African retailer Pick n Pay in Johannesburg. Health insurer Discovery offers rebates on health food at the chain to its members who enroll in a health promotion program.
SIPHIWE SIBEKO Reuters /Landov

At $2.50 a pound, broccoli may seem too expensive. But cut the price by 25 percent, and our thinking about whether we should buy it may change.

A study published in the American Journal of Preventive Medicine concludes that rebates on healthy food purchases lead to significant changes in what people put in their grocery carts.

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3:46pm

Tue March 19, 2013
The Two-Way

Supreme Court OKs Discounted Resale Of 'Gray Market' Goods

Originally published on Tue March 19, 2013 7:51 pm

People stand in line outside the U.S. Supreme Court on Monday.
Chip Somodevilla Getty Images

The Supreme Court ruled on Tuesday that U.S. companies that make and sell products abroad cannot prevent those items from being resold in the U.S.

The 6-3 decision — likely worth billions, even trillions of dollars — could have repercussions that extend from U.S. trade policy to local yard sales.

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