Business

5:47am

Sat March 9, 2013
The Salt

Gluten Goodbye: One-Third Of Americans Say They're Trying to Shun It

Originally published on Mon March 11, 2013 5:47 pm

Michele Kelly, owner of Pure Knead bakery in Decatur, Ga., is one of many businesspeople catering to soaring demand for gluten-free baked goods.
John Bazemore AP

Sure, we know that gluten-free is the Jennifer Lawrence of food trends. But we were still startled to hear that one-third of Americans say they're trying to avoid gluten. Really?

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3:03pm

Fri March 8, 2013
It's All Politics

When A Good Jobs Report Is Bad For Political Spin

Originally published on Fri March 8, 2013 3:26 pm

Trader Warren Meyers works on the floor of the New York Stock Exchange on Friday. Stocks opened higher after the government reported a burst of hiring last month that sent the unemployment rate to a four-year low. But both the White House and congressional Republicans reacted to the news in less than celebratory fashion.
Richard Drew AP

The February jobs report was just the latest proof that the economy doesn't really care how much it confounds the messaging strategies of Washington's political class.

News that the economy created 236,000 jobs last month and that the unemployment rate fell to 7.7 percent, its lowest level in more than four years, caught nearly everyone by surprise after economists forecast perhaps 171,000 new jobs.

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1:59pm

Fri March 8, 2013
Economy

5 Things The Jobs Report Tells Us About The Economy (Or Not)

Originally published on Fri March 8, 2013 3:02 pm

The job market showed strong growth in February. But questions about low wages, consumer debt and government austerity cloud the sunny picture.
Justin Sullivan Getty Images

If you enjoy having a good argument, Friday's report on the labor market gives you plenty to chew over. Find a debate partner and let's get started.

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1:01pm

Fri March 8, 2013
All Tech Considered

In Open Source Rocket Competition, Collaboration Takes Off

A screenshot shows how a team would track changes to its rocket project on a Sunglass platform.
Sunglass

Here's the challenge: Build a rocket engine. Don't worry, you don't need much.

At the SXSW festival in Austin on Saturday, startup companies DIYRockets and Sunglass are launching a competition to create 3-D-printed rocket engines with open source (read: free) technology.

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11:24am

Fri March 8, 2013
The Salt

Nation's Biggest Honey Packer Admits 'Laundering' Chinese Honey

Originally published on Fri March 8, 2013 11:59 am

A Chinese farmer tends to bees producing honey to supplement her income at a farm in China's Anhui province.
AFP AFP/Getty Images

There was bombshell news from the world of honey two weeks ago, and somehow we missed it. Two big honey packers, including one of the largest in the country — Groeb Farms of Onsted, Mich. — admitted buying millions of dollars worth of honey that was falsely labeled.

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8:39am

Fri March 8, 2013
The Two-Way

Pleasant Surprises: 236,000 Jobs Added; Jobless Rate Dips To 7.7 Percent

Originally published on Fri March 8, 2013 9:54 am

The scene at a job fair in Manhattan earlier this month.
Spencer Platt Getty Images

There were 236,000 jobs added to payrolls in February — many more than expected — and the jobless rate unexpectedly dropped by two-tenths of a point, to 7.7 percent, the Bureau of Labor Statistics reported Friday.

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7:21am

Fri March 8, 2013
All Tech Considered

The Life Cycle Of A Social Network: Keeping Friends In Times Of Change

Originally published on Fri March 8, 2013 12:32 pm

The new look of Facebook's News Feed.
Facebook

Facebook is redesigning its front page. The News Feed — which is what Facebook's roughly 1 billion users see when they log on to the site — will be rolling out a radical new look over the coming months.

The changes are meant to increase user engagement on the site, make it easier to navigate on mobile phones and provide even more highly targeted advertising.

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7:20am

Fri March 8, 2013
The Two-Way

February Jobs And Unemployment News Likely To Be 'More of The Same'

Originally published on Fri March 8, 2013 8:37 am

Hoping to see more of these: A "now hiring" sign in the window of a bank in San Rafael, Calif., in January.
Justin Sullivan Getty Images
  • From 'Morning Edition': Yuki Noguchi and Steve Inskeep preview the jobs report

Update at 8:35 a.m. ET. Things Were Better Than Expected:

"Pleasant Surprises: 236,000 Jobs Added; Jobless Rate Dips To 7.7 Percent."

Our original post:

Slow job growth and little change in the unemployment rate.

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4:48am

Fri March 8, 2013
Business

Ally Financial Only Big Bank To Fail Fed's Test

Originally published on Fri March 8, 2013 11:50 am

Transcript

STEVE INSKEEP, HOST:

Some other news. The country's biggest banks are in much better shape than before the financial crisis, at least according to the Federal Reserve's third round of so-called stress tests.

NPR's Dan Bobkoff reports.

DAN BOBKOFF, BYLINE: The tests simulate a nightmare scenario: How would the banks fare if unemployment topped 12 percent, stock prices were cut in half and housing values fell 20 percent? We all know what happened five years ago when a crisis was more than hypothetical.

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4:39am

Fri March 8, 2013
Business

The Last Word In Business

Originally published on Fri March 8, 2013 11:50 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is this: Lego becomes Legd'oh!

The Wall Street Journal says the Danish company Lego is interested in licensing "The Simpsons." In the long-running cartoon series, a remarkably similar toy company called Blocko makes an appearance in a couple of episodes.

(SOUNDBITE OF TV SHOW, "THE SIMPSONS")

(SOUNDBITE OF MUSIC)

YEARDLEY SMITH: (as Lisa Simpson) I kind of want to create my own thing. Do you sell any just plain sets?

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