Business

3:10pm

Thu February 21, 2013
The Salt

One In Three Fish Sold At Restaurants And Grocery Stores Is Mislabeled

Originally published on Mon February 25, 2013 12:24 pm

Escolar, right, is often substituted for more expensive Albacore tuna (left), a report on mislabeled seafood found.
Yoon S. Byun Boston Globe via Getty Images

There are so many fish in the sea. But from a diner's viewpoint, peering down at a sliver of white fish atop a bed of sushi rice, a lot of them look the same.

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2:29pm

Thu February 21, 2013
The Salt

Former Peanut Firm Executives Indicted Over 2009 Salmonella Outbreak

Originally published on Fri February 22, 2013 10:26 am

A sign outside the Peanut Corp. of America's processing plant in Blakely, Ga.
Ric Feld AP

Four former executives from Peanut Corp. of America and a related company are facing federal criminal charges for covering up information that their peanut butter was contaminated with salmonella bacteria.

The charges are related to a nationwide outbreak of salmonella back in 2009. More than 700 people became ill, and federal investigators traced the source of the bacteria to peanut butter manufactured in Blakely, Ga., by the Peanut Corp. of America. The company is no longer in business.

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1:31pm

Thu February 21, 2013
The Two-Way

In Wal-Mart's Earnings Report, A Lesson On The Tax Code

A Walmart store in Paramount, Calif. in November of 2012.
Frederic J. Brown AFP/Getty Images

The New York Times points out something rather interesting about an otherwise mundane business story. Wal-Mart's fourth-quarter earnings report tells the tale of how changes in the tax code has both helped corporations and hurt them.

As the Times puts it, during the fourth quarter of last year, "the tax code gave and the tax code took away."

The paper explains:

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10:46am

Thu February 21, 2013
The Two-Way

Existing Home Sales Rise Again; 'Seller's Market Is Developing,' Realtors Say

A "for sale" sign in San Francisco last summer.
Justin Sullivan Getty Images

Sales of existing homes rose 0.4 percent in January from December and were up 9.1 percent from January 2012, the National Association of Realtors reports.

The trade group also says "a seller's market is developing and home prices continue to rise."

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8:51am

Thu February 21, 2013
The Two-Way

Who's Been Hacked By China? Better Question Might Be: Who Hasn't?

This week's stories about alleged cyberthieves based in China have news outlets chasing related angles. Today's include:

-- "Chinese Cyberspies Have Hacked Most Washington Institutions, Experts Say."

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8:48am

Thu February 21, 2013
The Two-Way

Inflation Was In Check Last Month; Jobless Claims Jumped Last Week

Gasoline prices at a station in Encinitas, Calif., earlier this week.
Mike Blake Reuters /Landov

Consumer prices were flat in January, the Bureau of Labor Statistics says. But a driving force behind that good news has reversed itself since then. According to BLS, gasoline prices fell 3 percent last month. In February, though, gas prices have risen sharply. So watch for next month's BLS report on consumer prices to tell a different story.

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5:52am

Thu February 21, 2013
Business

New York Times Co. To Sell 'Boston Globe'

Originally published on Thu February 21, 2013 6:30 am

The company said it wanted to focus on The New York Times — its flagship newspaper. The Times bought the Globe for a record $1.1 billion in 1993.

5:52am

Thu February 21, 2013
Business

Google Invites Ideas For Its High Tech Eyewear

Originally published on Thu February 21, 2013 8:37 am

Google says it will select several thousand "Glass Explorers" to test drive its augmented technology eyewear. The company is running a contest to find "bold, creative" people with imaginative ideas about how they would use the technology.

5:52am

Thu February 21, 2013
Business

Follow Report on H-1B Visa Story

Originally published on Thu February 21, 2013 6:28 am

Two days ago, Morning Edition aired a story about the H-1B program which grants temporary work visas to foreigners with special skills like computer programming. In the story, it was reported that employers have to show they tried to recruit Americans first. But as it turns out, many companies bypass American applicants.

5:52am

Thu February 21, 2013
Business

The Last Word In Business

Originally published on Thu February 21, 2013 6:55 am

Sony has sold about 77 million PlayStation 3s since its launch in 2006, starting at $500 each. The new model is expected to be cheaper, and it should be available in time for the holidays. The company says the PlayStation 4 will focus on social networking features and cloud-based games.

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