Business

9:20am

Mon December 3, 2012
The Two-Way

Murdoch's News Corp. Shuts Down 'The Daily'

Originally published on Mon December 3, 2012 10:01 am

News Corp. CEO Rupert Murdoch in February 2011, when The Daily was launched. Now, it's in shutdown mode.
Spencer Platt Getty Images

Saying that "we could not find a large enough audience quickly enough to convince us the business model was sustainable in the long-term," News Corp. CEO Rupert Murdoch said this morning that The Daily will "cease standalone publication" on Dec. 15.

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4:57am

Mon December 3, 2012
Business

The Last Word In Business

Originally published on Mon December 3, 2012 7:11 am

Transcript

DAVID GREENE, HOST:

Well, the subject of our last word in business today may not change the world, but it is kind of snazzy. It is called the Air Umbrella. Now, picture an umbrella handle and nothing else, sort of like a wand.

RENEE MONTAGNE, HOST:

Yeah. We are entering a magic world, here. That wand apparently keeps you dry by releasing a shield of air. The tech website Mashable says it's still a design concept, but in theory, you could adjust the power and size of your invisible air shield depending on how heavily it's raining.

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4:57am

Mon December 3, 2012
Business

Business News

Originally published on Mon December 3, 2012 7:04 am

Transcript

DAVID GREENE, HOST:

NPR business news starts with a deal up in the air.

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4:57am

Mon December 3, 2012
Around the Nation

Dallas Residents Weigh In On Fiscal Cliff Talks

Originally published on Mon December 3, 2012 1:30 pm

The battle over the looming spending cuts and tax increases known as the "fiscal cliff" begins this week where it ended last week — deadlocked. While there is no agreement on how lawmakers should work out the details of a compromise, there is widespread consensus that a deal must get done for the good of the country.

3:26am

Mon December 3, 2012
It's All Politics

Pick A Number: Let's Play 'Cap Those Deductions'

Originally published on Mon December 3, 2012 8:35 am

In the presidential debate on Oct. 16, Mitt Romney presented a hypothetical way to cap deductions and raise revenue.
Spencer Platt Getty Images

Treasury Secretary Timothy Geithner says it's up to congressional Republicans to take the next step in budget talks to avoid the pending automatic spending cuts and tax increases at the end of the year.

Appearing on the Sunday talk shows, Geithner said there's "no path to an agreement" until Republicans are willing to accept higher tax rates on the rich.

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3:24am

Mon December 3, 2012
All Tech Considered

In Eye Control, A Promise To Let Your Tablet Go Hands-Free

Originally published on Mon December 3, 2012 4:57 am

In an image from an Eye Tribe video, a man uses his eyes to play the Fruit Ninja game, slicing fruit in half as it appears on the screen.
The Eye Tribe

3:22am

Mon December 3, 2012
All Tech Considered

The Next Workplace? Behind The Wheel

Originally published on Mon December 3, 2012 4:57 am

The 2013 Bentley Mulsanne features drop-down iPad workstations. More cars are being outfitted to operate as mobile offices.
Bentley Motors

Brad Hines is a building contractor in Los Angeles who spends a good eight hours a day in his 2008 Dodge Ram. He talked to us from his truck — hands-free, of course.

"I do everything in my truck. I drive from job site to job site. I take calls. I try to get on the computer and clean up daily reports. I answer emails on my phone. I use my truck as a mobile office," Hines says.

The idea of the mobile office is far from new — Willy Loman; the Avon Lady; plumbers; electricians. Now, technology is taking the idea of working from the road to a whole new level.

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3:41pm

Sat December 1, 2012
Business

Beauty Pageant Economics: The Sash Isn't Cheap

Originally published on Mon December 3, 2012 10:03 am

Jessica Bermudez, 24, models a dress at Deja Vu in Alexandria, Va. Bermudez is competing for the title of Miss District of Columbia USA, and says she regularly enters beauty pageants.
Coburn Dukehart NPR

Miss America's walk might look effortless, but her road to success probably cost more than you think.

Ten-thousand women will compete in a Miss USA-sponsored pageant this year. That organization is just one of more than 15 small circuits, each with its own local, state and national competitions. It's a big industry. From the organizers, designers and coaches, lots of people make money — except the contestants.

Twenty-four women are in the running to become the latest Miss District of Columbia USA.

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6:28am

Sat December 1, 2012
Business

Trouble Stirs In Hewlett Packard's Board Room

Originally published on Mon December 3, 2012 8:25 am

Transcript

SCOTT SIMON, HOST:

Now for the next installment in what's becoming a long-running tale about one of America's highest profile tech companies. Hewlett-Packard was back in the headlines last week when its CEO claimed that Autonomy, a company it acquired last year for more than $11 billion in cash, had lied about its revenues to increase its sale price. Joe Nocera of The New York Times has been watching all of this unfold. He joins us from Sag Harbor, New York. Joe, thanks very much for being with us.

JOE NOCERA: Thanks for having me, Scott.

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6:28am

Sat December 1, 2012
Planet Money

Sorry, Mom: The Toyota Avalon Is The Most American Car Made Today

Originally published on Sat December 1, 2012 3:26 pm

Mark Lennihan AP

I grew up in a car family. Not car enthusiasts; car makers. My grandfather worked for General Motors in Detroit on the assembly line beginning in the 1940s. My mother was a middle manager at Ford's Chicago assembly plant in the '70s. I worked at the same plant during summers in the '90s. Today, one of my cousins works for Chrysler and another works for an auto supplier.

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