Business

5:16am

Fri March 1, 2013
Business

The Last Word In Business

Originally published on Fri March 1, 2013 7:10 am

Todd Duffey is suing the publisher Perseus which sells a book and a collection of buttons called the Office Space Box of Flair, inspired by the 1999 movie. Duffey doesn't like that his face appears on the cover of the book and on one of the buttons in the collection.

5:16am

Fri March 1, 2013
Economy

Economists Debate Sequestration's Effect On Economy

Originally published on Fri March 1, 2013 1:47 pm

The Congressional Budget Office estimates the automatic budget cuts that go into effect Friday will shave 0.6 percent from the economy's annual growth rate. That might not be a big worry if the economy were growing at 3 or 4 percent. But growth is a paltry 2 percent, so the impact may be noticeable.

5:16am

Fri March 1, 2013
Science

Energy Start-Up Banks On Compressed Air Over Batteries

Originally published on Mon March 4, 2013 9:34 am

Transcript

STEVE INSKEEP, HOST:

Many states want to increase the amount of electricity that comes from wind and solar energy. One challenge is that renewables are not reliable. The wind doesn't always blow, the sun doesn't always shine. So companies are now trying to develop better ways to store energy.

New Hampshire Public Radio's Sam Evans-Brown reports on a company that is working on a storage system that uses compressed air.

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3:01am

Fri March 1, 2013
Planet Money

Sales Are Like Drugs. What Happens When A Store Wants Customers To Quit?

Originally published on Fri March 8, 2013 12:27 pm

Formerly known as "clearance."
Scott Olson Getty Images

Last year, J.C. Penney saw what every big retailer had been seeing for years: the threat of Amazon and other new competitors rising to destroy their business.

So J.C. Penney brought in a bold new CEO. Ron Johnson had already created Apple Store, a chain of physical stores where people flocked to shop. Before that, he had revamped Target.

And Johnson had a plan for J.C. Penney: Tell customers they don't have to spend time anymore clipping coupons or waiting for sales to happen. Instead, the store would offer fair prices on its merchandise every day.

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2:59am

Fri March 1, 2013
Business

Stay-At-Home Workers Defend Choice After Yahoo Ban

Originally published on Fri March 1, 2013 1:51 pm

Yahoo's sweeping edict against telecommuting has been felt as a personal attack by some of the two-thirds of Americans who regularly work from home.

Lawyer Shannan Higgins of Washington, D.C., finds one line of the company memo outlining the policy change particularly offensive: "Speed and quality are often sacrificed when we work from home."

For nearly a decade, Higgins has worked one day a week from the basement office in her rowhouse, where she takes pride in her work and is obsessed with efficiency.

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6:32pm

Thu February 28, 2013
The Two-Way

Two For One: Groupon Replaces CEO Mason With Board Members

Originally published on Fri March 1, 2013 6:48 am

Andrew Mason, a co-founder of Groupon, has been ousted by the company's board, one day after a disappointing earnings report. Here, he's seen at a 2012 conference in Germany.
Johannes Simon Getty Images

Hear Laura Sydell's report for Morning Edition by clicking the audio link.

Groupon co-founder Andrew Mason has been fired as the daily-deal company's CEO, one day after Groupon posted financial results that showed it lost $67.4 million during 2012. Board chairmen Eric Lefkofsky and Ted Leonsis will jointly fill the CEO post on an interim basis.

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6:01pm

Thu February 28, 2013
Business

Texas Study Points To A Longer Natural Gas Boom

Originally published on Thu February 28, 2013 6:59 pm

A natural gas drilling rig just east of downtown Fort Worth, Texas. A new decade-long study finds the region's Barnett Shale formation has sufficient gas reserves to last another 25 years.
David Kent MCT/Landov/Fort Worth Star Telegram

There are few things in life more joyful than discovering a giant oil or natural gas field in Texas. You're suddenly rich beyond your wildest dreams. When the scope and size of the natural gas reservoir in the Barnett Shale in North Texas first became apparent, there were predictions that the find would last 100 years.

Well, that was over the top. But University of Texas geology professor Scott Tinker, who designed and authored a new study of the Barnett Shale, says there's still a lot of gas down there, even after a decade of drilling.

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5:33pm

Thu February 28, 2013
The Two-Way

The Pope Emeritus' New Shoes And The Mexican Man Who Makes Them

Originally published on Fri March 1, 2013 8:42 am

Armando Martin DueƱas shows replicas of the hand-crafted loafers given to Pope Benedict XVI.
Alfredo Valadez AP

As Pope Benedict XVI left the Vatican and his papacy, he slipped out of his trademark red shoes and put on a pair of Mexican leather loafers. The shoes, actually three pairs, two burgundy and one brown, were a gift to the Pope during his trip last year to Mexico.

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2:29pm

Thu February 28, 2013
Around the Nation

After The Spill: The Environment And Economy Of The Gulf

Originally published on Thu February 28, 2013 2:30 pm

Transcript

NEAL CONAN, HOST:

This is TALK OF THE NATION. I'm Neal Conan in Washington. This week the federal government and Gulf Coast states took BP and its contractors to court seeking billions in civil damages for the disaster that began almost three years ago now, with the explosion of the Deepwater Horizon oil rig. Some call it the trial of the century.

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2:17pm

Thu February 28, 2013
Around the Nation

On Heels Of Sequestration, The Business Of Spending Cuts

Originally published on Thu February 28, 2013 4:56 pm

Transcript

NEAL CONAN, HOST:

This is TALK OF THE NATION. I'm Neal Conan in Washington. The metaphors become unbearably trite: the debt ceiling; the fiscal cliff and now the meat cleaver of the sequestration. Details are important, we'll get to those in a moment, but underlying the repeated rounds of budgetary crisis, lies a deeper political paralysis.

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