Business

3:01am

Thu March 7, 2013
Planet Money

Andrew Sullivan Is Doing Fine

Originally published on Thu March 7, 2013 7:24 am

Andrew H. Walker Getty Images

Two months ago, the popular political blogger Andrew Sullivan left the comfortable world of big media and struck out on his own. His bold new plan: Ask readers to pay $19.99 a year or more to subscribe to his blog.

"It was either quit blogging, or suck it up and become a businessman," he told me.

The usual way bloggers make money (if they make money at all) is to sell advertising. But Sullivan figured he could get his devoted reader base to pay. Within the first week, he'd raised half a million dollars. By the end of about two months, the total had crept up to $625,000.

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5:35pm

Wed March 6, 2013
Economy

Time For The Fed To Take Away The Punch Bowl?

Originally published on Thu March 7, 2013 11:49 am

Federal Reserve Chairman Ben Bernanke testifies before the Senate Banking Committee in Washington last month. Some analysts wonder if he and other policymakers have kept interest rates too low for too long.
Carolyn Kaster AP

The stock market's long climb from its recession bottom has some people concerned it may be a bubble about to burst — a bubble artificially pumped up by the Federal Reserve's easy-money policy. That's led to calls — even from within the Fed — for an end to the central bank's extraordinary efforts to keep interest rates low.

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5:15pm

Wed March 6, 2013
Planet Money

If The Catholic Church Were A Business, How Would You Fix It?

Originally published on Thu March 7, 2013 11:49 am

Now that Pope Benedict XVI has officially gone into retirement, the next leader of the Catholic Church has a lot to consider, including finances.
Oli Scarff Getty Images

The next pope will be the spiritual leader of the world's Catholics. He will also be leading a multibillion-dollar financial empire. And from a business perspective, the Catholic Church is struggling.

We talked to several people who study the business of the church. Here are a few of the issues they pointed out.

1. Globally, the church's employees are in the wrong place.

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4:50pm

Wed March 6, 2013
The Salt

Can Milk Sweetened With Aspartame Still Be Called Milk?

Originally published on Fri March 8, 2013 10:45 am

Morgan Barnett, 7, drinks from containers of 1 percent milk and chocolate milk during lunch at a school in St. Paul, Minn., in 2006.
Eric Miller AP

The dairy industry has a problem. Despite studies demonstrating milk's nutritional benefits, people are drinking less and less of it.

Even children are increasingly opting for water or other low-cal options — including diet soda and artificially sweetened sports drinks.

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4:30pm

Wed March 6, 2013
Business

Dow's 'Record Highs' Misleading Without Including Inflation

Originally published on Thu March 7, 2013 11:49 am

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED from NPR News . I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

And a record close. That's what we've been hearing both today and yesterday as the Dow Jones industrial average climbs upwards.

BLOCK: That may be an ear-grabbing headline after a recession and years of unimpressive growth. But we begin this hour with a different take from Adam Davidson of NPR's Planet Money. Hey, Adam.

ADAM DAVIDSON, BYLINE: Hey, Melissa.

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4:30pm

Wed March 6, 2013
Television

Online TV Shows A Treasure Trove For Data-Mining Viewer Habits

Originally published on Thu March 7, 2013 11:49 am

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

Here are some of the new original shows hitting your small screen later this year.

(SOUNDBITE OF TV SHOW, "HEMLOCK GROVE")

UNIDENTIFIED MAN #1: (as character) There are things that look like you and me. (Unintelligible) beating heart, these things are only (unintelligible) hiding the creature beneath.

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2:56pm

Wed March 6, 2013
The Two-Way

Economy Growing At 'Modest To Moderate Pace,' Fed Says

There was "modest to moderate" economic growth across the nation as the year began, the Federal Reserve says in its latest "beige book" review of conditions around the nation.

According to the central bank, five of its 12 districts "reported that economic growth was moderate in January and early February." Those five: Dallas, New York, Minneapolis, Richmond and St. Louis.

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2:26pm

Wed March 6, 2013
All Tech Considered

Spring Break For Geeks: SXSW Interactive Starts Friday

Originally published on Wed March 6, 2013 3:01 pm

At SXSW 2012, the app "Highlight" was touted but failed to break out like Foursquare or Twitter in years prior.
Jack Plunkett AP

Every year, the South By Southwest music, film and interactive festival gets larger, and navigating the blur of panels, parties and shows gets more daunting. The girth of it all is enough to keep many SXSW old-timers away from Austin this year.

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12:37pm

Wed March 6, 2013
The Two-Way

Europe Hits Microsoft With $731 Million Fine Over Browser Options

Microsoft Corp CEO Steve Ballmer speaks during a keynote address at the 2013 International CES in January.
David Becker Getty Images

Some sloppy coding on an update to Microsoft's Windows 7 two years ago has cost the computer giant a $731 million fine to the European Commission.

Microsoft said Wednesday it would not contest the fine, imposed for what the commission said was the company's abuse of its market dominance to stifle competitors' Web browsers.

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11:55am

Wed March 6, 2013
Politics

Exit Interview: US Trade Representative Ron Kirk

Look around your kitchen table and you'll see the work of Ambassador Ron Kirk. He's the United States Trade Representative, which is a cabinet-level position, and he's negotiated trade deals all around the world. Host Michel Martin talks to him about why he's choosing to step down from his post and the importance of U.S. trade.

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