Business

5:21am

Tue February 26, 2013
Business

The Last Word In Business

Originally published on Tue February 26, 2013 9:44 am

Transcript

LINDA WERTHEIMER, HOST:

If you were to open a new brick-and-mortar bookstore, New York City would be a very pricey place to do it. Manhattan boasts some of the world's most valuable land - and, as it turns out - air. And that is our last word in business this morning.

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3:25am

Tue February 26, 2013
All Tech Considered

Seeking A 'Field Of Dreams' For A Rising Drone Industry

Originally published on Mon May 12, 2014 11:18 am

Joe Kummer, president of Propulsive Wing in Elbridge, N.Y., is rooting for having a drone test site in upstate New York. He says it could save him trips to the West Coast to try out new drone prototypes.
Ryan Delaney WRVO

In three years, the federal government is expected to open the skies for the civilian use of drones. But before that, the Federal Aviation Administration will set up six drone test sites around the country. Stiff competition to get one of the sites is anticipated — driven by hopes of attracting thousands of new jobs.

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3:21am

Tue February 26, 2013
Business

Technology Upends Another Industry: Homebuilding

Originally published on Tue February 26, 2013 9:44 am

The recession forced Mid-Atlantic Builders Executive Vice President Stephen Paul to cut the company's staffing. But he says the firm is being efficient with half the original number of employees.
Marie McGrory NPR

Years into the economic recovery, hiring remains slow. Many businesses learned to do more with less during the recession, so they don't need to bring on as many people now.

These new efficiencies have led to what economists call "labor displacement," which is taking place around the country. One business in Rockville, Md., is doing the same amount of work with half its original staff.

Two things are noticeably absent from the offices of Mid-Atlantic Builders: people and paper.

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5:53pm

Mon February 25, 2013
Economy

Too Soon To Blame Payroll Tax For Stagnant Retail Sales?

Originally published on Mon February 25, 2013 7:23 pm

Wal-Mart is one of several large retailers that say an increase in the payroll tax may hurt U.S. sales in the months ahead.
Daniel Acker Bloomberg via Getty Images

For Darden Restaurants, the company behind Olive Garden and Red Lobster, its earnings projections out last week were not pretty. Sales will fall, it said, and company CEO Clarence Otis called higher payroll taxes a "headwind."

After a two-year tax break, the payroll tax, which funds Social Security payments, went back up to 6.2 percent on Jan. 1. The 2-percentage-point increase is an extra $80 a month in taxes for someone earning $50,000 a year.

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5:01pm

Mon February 25, 2013
Law

Civil Trial Against BP Seeks To Place Blame For Gulf Oil Spill

Originally published on Mon February 25, 2013 7:23 pm

The long-awaited BP trial opened Monday in New Orleans. The oil giant is in court to determine how much it should pay because of the massive 2010 Gulf of Mexico oil spill. Audie Cornish talks to Jeff Brady.

5:01pm

Mon February 25, 2013
Business

To Become 'One Yahoo,' Tech Company Bans Telecommuting

Originally published on Mon February 25, 2013 7:23 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish, and it's time now for All Tech Considered.

(SOUNDBITE OF MUSIC)

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2:50pm

Mon February 25, 2013
Governing

The Scramble Over The Sequester Showdown

If Congress fails to make a deal on government spending and taxation before Friday, federal cuts of more than 85 billion dollars will be enacted. NPR White House correspondent Scott Horsley discusses the politics of a potential deal and the options for avoiding sequestration.

2:48pm

Mon February 25, 2013
The Opinion Page

Op-Ed: It's Time To Raise The Minimum Wage

Transcript

JENNIFER LUDDEN, HOST:

This is TALK OF THE NATION. I'm Jennifer Ludden.

Now, the Opinion Page. It's a no-brainer, that's how secretary - former Secretary of Labor Robert Reich described President Obama's recent proposal to raise the federal minimum wage. The plan would boost minimum pay from 7.25 an hour to $9. In a syndicated column, Reich wrote, a mere $9 an hour translates into about $18,000 a year, still under the poverty line.

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1:13pm

Mon February 25, 2013
All Tech Considered

Working From Home: The End Of Productivity Or The Future Of Work?

Yahoo CEO Marissa Mayer on Feb. 20, 2013. Under Mayer, Yahoo is ending its remote work policy for employees.
Peter Kramer ASSOCIATED PRESS

In its bid to reshape itself for the future, Yahoo is returning to a workplace culture of the tech industry's past. The Internet giant has reportedly notified its employees they'll no longer be allowed to work from home.

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10:19am

Mon February 25, 2013
The Salt

Horsemeat Found In IKEA's Meatballs

Originally published on Mon February 25, 2013 11:36 am

For many, Swedish meatballs are part of the allure of shopping at Ikea.
Marit & Toomas Hinnosaar/Flickr

Bad news for those whose shopping trips at Ikea are partly motivated by the allure of the store's famous meatballs: The giant Swedish furniture retailer on Monday said it had recalled a batch of frozen meatballs sent to more than a dozen European countries after tests detected traces of horse meat.

Food inspectors in the Czech Republic discovered the horse meat DNA last week in 2.2-pound packs of frozen meatballs labeled as beef and pork and sold under the name Kottbullar.

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