Business

5:14pm

Thu February 14, 2013
Business

Berkshire Hathaway And Private Equity Firm To Buy Heinz For $23 Billion

Originally published on Thu February 14, 2013 5:40 pm

Warren Buffett's Berkshire Hathaway and the private equity firm 3G Capital are set buy ketchup giant Heinz.

2:20pm

Thu February 14, 2013
The Two-Way

With GDP Slip, German Economy 'Finally Lost Its Invincibility'

Originally published on Thu February 14, 2013 2:42 pm

Today we got more troubling news for the world economy: Germany's GDP slipped 0.6 percent in the final quarter of 2012, sending the Eurozone deeper into recession.

The Guardian spoke to Carsten Brzeski and analyst for ING, who said:

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1:46pm

Thu February 14, 2013
Business

Will The US-American Merger Make The Skies Less Friendly?

Transcript

NEAL CONAN, HOST:

This is TALK OF THE NATION. I'm Neal Conan in Washington. You can soon add US Airways to a long list that includes TWA, Pan Am, Eastern, Western, Braniff and so many others. US Airways will merge with American. The new American Airlines will be the world's largest, and after decades of consolidation, one of just four major airlines in the U.S.

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1:30pm

Thu February 14, 2013
The Salt

When Resistance Is Futile: Bring In The Robots To Pull Superweeds

Originally published on Thu February 14, 2013 2:08 pm

An illustration imagines what a weed-seeking robot could look like, armed with different tools to attack different problem plants.
Courtesy Steve Young

A future without weeds would be a kind of farmer utopia, but currently, herbicide-resistant "superweeds" are part of today's reality. Some researchers, though, are looking for a solution that seems ripped from science fiction: weed-seeking robots.

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12:01pm

Thu February 14, 2013
The Two-Way

'It Could Be A Lot Worse,' Triumph Passenger Says; Cruise Ship Docking At Ala. Port

Originally published on Fri February 15, 2013 2:21 am

Makeshift tents are seen on the deck of the Carnival cruise ship Triumph, in a photo taken Sunday, the first day it spent without engine power. The image was provided by Kalin Hill of Houston.
Kalin Hill AP

The Carnival cruise ship Triumph docked in Mobile, Ala., late Thursday night, as the job of towing the stricken 100,000-ton ship hundreds of miles across the Gulf of Mexico took longer than expected. The ship's 3,143 passengers had coped with sewage problems and a lack of ventilation since Sunday, when the Triumph was crippled by an engine room fire.

Updated 2:15 a.m. ET Friday: All Passengers Disembarked

A spokesman for Carnival says all passengers have left the cruise ship that was stranded for days without power and running water.

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11:15am

Thu February 14, 2013
Business

How The American-US Airways Merger Might Affect You

Originally published on Thu February 14, 2013 5:24 pm

A US Airways plane rests near two American Airlines jets at Ronald Reagan Washington National Airport last year. The combined carrier would be named American Airlines.
Jim Watson AFP/Getty Images

American Airlines and US Airways on Thursday announced they plan to merge to create the country's largest airline, with a route network stretching from coast to coast, and covering large swaths of Latin America, Europe, Canada, the Caribbean and Africa.

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10:22am

Thu February 14, 2013
Business

Buffett's Berkshire Hathaway To Buy Heinz

Originally published on Fri February 15, 2013 3:05 am

Warren Buffett is teaming up with another big investor in the $28 billion deal. Berkshire Hathaway has been looking for places to invest, with other recent deals involving consumer icons Coca-Cola and Mars.

9:49am

Thu February 14, 2013
The Two-Way

Warren Buffett Puts Heinz In His Pantry

J.B. Reed Landov

The Oracle of Omaha is again showing he's got a taste for companies that make the kinds of food many Americans love.

Warren Buffett's Berkshire Hathaway is joining with the Brazilian investment group 3G Capital to buy H.J. Heinz Co. for $23.3 billion. Add in the debt that the new owners will assume and the deal's value grows to $28 billion, Buffett's company says.

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9:05am

Thu February 14, 2013
The Two-Way

Jobless Claims Fell By 27,000 Last Week

The number of people filing first-time clams for unemployment insurance fell by 27,000 last week, to 341,000 from 368,000 the week before.

The Employment and Training Administration also reports that the "4-week moving average was 352,500, an increase of 1,500." That average, in theory, gives a better picture of the trend.

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6:05am

Thu February 14, 2013
Business

Business News

Originally published on Fri February 15, 2013 3:05 am

Transcript

RENEE MONTAGNE, HOST:

NPR business news starts with healthier retirement accounts.

The nation's largest administrator of 401(k) accounts says the average account balance grew by 12 percent last year. Two-thirds of that growth is attributed to the surging stock market. The other factor is increased contributions from workers and their companies. Transcript provided by NPR, Copyright NPR.

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