Business

5:12am

Fri March 15, 2013
Energy

Could Tapping Undersea Methane Lead To A New Gas Boom?

Originally published on Fri March 15, 2013 10:38 am

This photo from a Kyodo News helicopter shows a flame of natural gas from a Japanese deep-sea drilling ship on Tuesday. This successful extraction of methane from the seafloor was a world first.
Kyodo Landov

The new boom in natural gas from shale has changed the energy economy of the United States. But there's another giant reservoir of natural gas that lies under the ocean floor that, theoretically, could dwarf the shale boom.

No one had tapped this gas from the seabed until this week, when Japanese engineers pulled some up through a well from under the Pacific. The gas at issue here is called methane hydrate. Methane is natural gas; hydrate means there's water in it. In this case, the molecules of gas are trapped inside a sort of cage of water molecules.

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5:12am

Fri March 15, 2013
Business

JPMorgan In Hot Seat Over London Whale Losses

Transcript

RENEE MONTAGNE, HOST:

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5:12am

Fri March 15, 2013
Author Interviews

'Bankers' New Clothes' Leave Too Little Skin In The Game

Originally published on Fri March 15, 2013 6:50 am

At a hearing in Washington on March 6, Attorney General Eric Holder admitted to senators why it has been hard to go after big bank executives:

"It does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy. And I think that is a function of the fact that some of these institutions have become too large."

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5:12am

Fri March 15, 2013
Pop Culture

Angry Birds TV, Coming To A Mobile Screen Near You

Originally published on Fri March 15, 2013 11:57 am

A scene from the upcoming animated series based on the popular game Angry Birds. The show will be distributed to existing users of the digital game.
Rovio

People of all ages have been passing the time playing Angry Birds on their mobile devices. Now Rovio, the company that created the best-selling app, is offering fans a new cartoon series based on the game, which has so far been downloaded 1.7 billion times.

The concept behind Angry Birds is extremely simple: There are these colorful cartoon birds that are angry because some green pigs are after their eggs. Players of the digital game use slingshots to catapult the birds — who don't fly — to destroy structures hiding the pigs.

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5:35pm

Thu March 14, 2013
Planet Money

Colleges Offering Bigger Merit Scholarships Is A Problem (If You Don't Get One).

Originally published on Thu March 21, 2013 10:37 am

Kenyon College is a liberal arts college in central Ohio.
Kenyon College

A bunch of private colleges have been in a financial aid arms race for years now, offering bigger and bigger merit scholarships to lure the best students.

This is nice for the students who get big merit scholarships. But it's not so nice for everybody else. Colleges have to come up with the money for those merit scholarships somehow — and they've done it in part, by jacking up tuition. (We did a story on this last year.)

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4:28pm

Thu March 14, 2013
The Fast World Of Fast Fashion

Showing Off Shopping Sprees, Fashion 'Haulers' Cash In Online

Originally published on Thu March 14, 2013 6:49 pm

Abigail Moscaritolo holds up a recent fashion find on a "haul video." The YouTube trend has become so popular that fashion retailers are approaching haulers to promote their products online.
AbbyLynn401/YouTube

3:24pm

Thu March 14, 2013
Media

Jake Tapper Takes A Host Chair At CNN

The veteran reporter has recently moved from ABC News to CNN where he now hosts his own show and serves as Chief Washington Correspondent. In Part II of this interview, Tapper talks about fact-checking the Swift Boat Veterans for Truth and blow back from the White House after asking tough questions.

8:44am

Thu March 14, 2013
The Two-Way

Jobless Claims Drop; Wholesale Prices Rise

The number of people filing first-time claims dropped by 10,000 last week from the week before, to 332,000, the Employment and Training Administration says.

That means claims continue to run at their lowest pace since January 2008. They've now fallen for three straight weeks.

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7:48am

Thu March 14, 2013
The Two-Way

Book News: Apple CEO Ordered To Testify In E-Book Price Fixing Case

Originally published on Thu March 14, 2013 8:10 am

Apple CEO Tim Cook has reportedly been ordered to testify for four hours in the U.S. government's case against the company.
Justin Sullivan Getty Images

The daily lowdown on books, publishing, and the occasional author behaving badly.

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5:26am

Thu March 14, 2013
Business

GM's Archive Offers Glimpse Of Its Past And Future

Originally published on Thu March 14, 2013 1:12 pm

Cars at the GM Heritage Center in Sterling Heights, Mich., include a 1951 Le Sabre concept, at left.
General Motors

Transcript

RENEE MONTAGNE, HOST:

Let's consider a company, now, that's had lots of ups and downs - General Motors. Most of GM's history is in the form of cars, and that history is housed in a nondescript warehouse in a suburb of Detroit. It's called the GM Heritage Center. Not open to the public, it's an automotive archive.

NPR's Sonari Glinton got a tour.

SONARI GLINTON, BYLINE: There's probably no better job for a car nut than to be in charge of a vast auto archive for one of the biggest and oldest car companies.

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