Business

5:47pm

Wed November 28, 2012
Business

Propeller Planes Come Back Amid High Fuel Prices

Originally published on Wed November 28, 2012 6:41 pm

Turboprop planes make up the entire fleet at Silver Airways. Airlines are increasingly using propeller planes to cut costs.
Courtesy of Silver Airways/SBPR

Record-high fuel prices have hammered airlines, forcing executives to eliminate flights, cut back on unprofitable routes and make passengers pay for many perks that used to be free.

Now the airlines are looking at other ways to save money. That means a new opportunity for a plane from the past.

On a typical day at Atlanta's Hartsfield-Jackson International Airport, the "Plane Train" ferries some 200,000 travelers a day between terminals. One of those passengers, Rebecca Hamilton, is on her way home to Florida.

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4:43pm

Wed November 28, 2012
Energy

EPA Bans BP From Bidding On Federal Contracts

Originally published on Wed November 28, 2012 5:47 pm

The Environmental Protection Agency announced on Wednesday that it is temporarily banning BP from doing new business with the federal government. The agency cites BP's lack of business integrity as a reason, pointing to the company's conduct during the 2010 Gulf of Mexico disaster. The suspension doesn't affect current contracts.

4:33pm

Wed November 28, 2012
The Salt

No Simple Recipe For Weighing Food Waste At Mario Batali's Lupa

Originally published on Fri November 30, 2012 9:44 am

Glen Osterberg (right) and another line cook at Lupa learn how to use the LeanPath waste tracking software.
Eliza Barclay NPR

Every year, restaurants throw away as much as 10 percent of the food they buy, as we reported yesterday, yet food waste ranks low on most chefs' list of priorities. But some restaurants want to do something about food waste in their quest to go green. That includes Mario Batali's Lupa Osteria Romana, one of New York's trendiest restaurants.

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2:29pm

Wed November 28, 2012
The Two-Way

Economy Is Growing At A 'Measured Pace,' Federal Reserve Says

Shoppers at a Target store in Westbury, N.Y., last week. Consumer spending drives the economy. And the holiday shopping season is crucial for retailers.
Shannon Stapleton Reuters /Landov

The nation's economy "expanded at a measured pace" in recent weeks, the Federal Reserve Board reports in its latest anecdotal look at how things are going across the U.S.

The central bank's Beige Book review of conditions in its 12 bank districts finds that:

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12:37pm

Wed November 28, 2012
The Two-Way

EPA Temporarily Halts New Federal Contracts For BP

The Deepwater Horizon oil rig burned on April 21, 2010.
U.S. Coast Guard Getty Images

Citing a "lack of business integrity," the Environmental Protection Agency announced it was temporarily suspending the oil giant BP from entering into new contracts with the federal government.

In a press release, the EPA said BP demonstrated the lack of integrity during the Deepwater Horizon "blowout, explosion, oil spill and response." This kind of suspension, the EPA explained, is "standard practice when a responsibility question is raised by action in a criminal case."

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10:35am

Wed November 28, 2012
The Two-Way

New Home Sales Dipped A Bit In October, But Were Well Above Year Before

A sold sign at a new home site in Danville, Calif., earlier this year.
David Paul Morris Getty Images

Sales of new homes edged down 0.3 percent in October from September, but were a healthy 17.2 percent above the pace of October 2011, the Census Bureau and Department of Housing and Urban Development report.

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10:11am

Wed November 28, 2012
The Two-Way

Mine Disaster Probe Leads To Conspiracy Charges Against Former Executive

Originally published on Wed November 28, 2012 12:36 pm

Mine helmets and painted crosses at the entrance to Massey Energy's Upper Big Branch coal mine, as a memorial to the 29 miners killed there.
Jeff Gentner AP

Federal prosecutors in West Virginia stepped higher up the corporate ladder at Massey Energy Wednesday with new criminal charges stemming from the investigation of the 2010 coal mine explosion that killed 29 workers.

David C. Hughart was president of Massey's Green Valley Resource Group, a major coal mining subsidiary based in Leivasy, W. Va., from 2000 to 2010.

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7:33am

Wed November 28, 2012
Business

Rock Star Parking? Hong Kong Spot Going For $88,000

Originally published on Wed November 28, 2012 8:08 am

Hong Kong is trying to cool its housing market, so investors are looking for other places to put their money. One Hong Kong developer recently sold 500 spaces for $167,000 each. The $88,000 spot goes on the auction block Thursday.

7:33am

Wed November 28, 2012
Business

As Battery Demand Falls, Can Energizer Keep Going?

Originally published on Wed November 28, 2012 6:15 pm

Transcript

DAVID GREENE, HOST:

And now, let's turn to today's business bottom line. As more people buy smartphones and other devices that run on rechargeable batteries - this will come as no surprise - sales of single-use, disposable batteries are dropping; and that is not without consequences. Energizer announced this month that the company will close three plants because of decreased demand. That is a 10 percent cut of its global workforce. Vermont Public Radio's Kirk Carapezza reports on one community that is feeling the pain.

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7:33am

Wed November 28, 2012
Business

HP Mired In Messy Allegations

Originally published on Wed November 28, 2012 7:48 am

Transcript

RENEE MONTAGNE, HOST:

For decades, Hewlett Packard was a Silicon Valley icon. Today, the company is mired in messy allegations about accounting irregularities at a software firm it bought called Autonomy.

From Silicon Valley, NPR's Steve Henn reports Autonomy allegedly inflated its earnings prior to that sale.

STEVE HENN, BYLINE: Last week, HP's CEO Meg Whitman told investors the company was writing off more than $8 billion in losses, largely because of what happened at Autonomy.

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