Business

2:00pm

Mon February 11, 2013
Around the Nation

Gas, Oil Booms Bring Complications To Small Towns

Originally published on Mon February 11, 2013 3:39 pm

Transcript

NEAL CONAN, HOST:

This is TALK OF THE NATION. I'm Neal Conan in Washington. There's a new generation of boom towns across the American West sparked by the explosive growth of oil and natural gas. When these industries move in, small towns near the fields change almost overnight. Once-sleepy main streets suddenly boast improved schools, libraries and community centers. Quiet rural airports expand to take corporate jets. Restaurants and motels and hardware stores all thrive.

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12:16pm

Mon February 11, 2013
The Two-Way

Cruise Ship Drifts In Gulf Of Mexico, Will Be Towed To Port

Originally published on Mon February 11, 2013 12:49 pm

In a photo from 1999, the Carnival Cruise line Carnival Triumph, foreground, arrives in Miami. Measuring 893 feet in length, the ship has been adrift in the Gulf of Mexico for more than 24 hours, after a fire hit its engines.
Andy Newman AP

More than 3,000 cruise ship passengers who thought they'd be heading home today have instead been told they'll remain in the Gulf of Mexico until Wednesday, stranded by an engine fire that set their ship, the Triumph, adrift. Onboard power and sewer system outages have been reported. The ship, which was 150 miles north of the Yucatan Peninsula when the fire struck early Sunday, has a crew of more than 1,000.

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9:05am

Mon February 11, 2013
The Salt

Gastro-Nomics: Hunting for A Good Meal In Puerto Rico

Originally published on Mon February 11, 2013 3:27 pm

You'd think tropical fruit would be everywhere on a Caribbean island. But we had to search fairly hard to find these beauties.
Coburn Dukehart NPR

To be clear, the trip I took a couple of weeks ago to Puerto Rico with an NPR team was not about food. We headed down to the island to report on the economic and crime troubles that are driving people off the island and to Florida in record numbers. And though we did tons of advance research about census figures and crime statistics, none of us really looked up good places to eat.

In a tropical, Latin land, we assumed we'd be practically stumbling over savory local meals and exotic fruits.

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5:36am

Mon February 11, 2013
Business

The Last Word In Business

Originally published on Mon February 11, 2013 11:41 am

Transcript

RENEE MONTAGNE, HOST:

Let's move on from pretzels to potato chips with our last word in business. Why not - as in - why not make potato chips that taste like chicken and waffles or cheesy garlic bread?

STEVE INSKEEP, HOST:

Or hot sauce? Why not? We imagine that's what someone at Lays Potato Chips said because these chip flavors are apparently real.

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5:36am

Mon February 11, 2013
Business

Business News

Originally published on Mon February 11, 2013 11:41 am

Transcript

STEVE INSKEEP, HOST:

Let's take off as we begin NPR's business news.

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5:36am

Mon February 11, 2013
Energy

U.S. Natural Gas Exports Stirs Debate

Originally published on Mon February 11, 2013 11:41 am

Transcript

STEVE INSKEEP, HOST:

Now, tomorrow President Obama delivers his State of the Union address, and may well discuss energy, as he did four years ago. But energy analyst Sarah Ladislaw says a daunting goal is getting trickier.

SARAH LADISLAW: This administration did not come in with small plans for energy markets or for energy policy. Their big plan was to try and de-carbonize the energy sector.

INSKEEP: Reduce carbon emissions by relying less on coal, oil and gas.

LADISLAW: Primarily done for the purpose of battling climate change.

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3:33am

Mon February 11, 2013
Asia

Auntie Anne's Pretzels In Beijing: Why The Chinese Didn't Bite

Originally published on Mon February 11, 2013 11:41 am

The China Twist by Wen-Szu Lin chronicles the author's (ultimately unsuccessful) attempt to bring Auntie Anne's pretzels to China.
Courtesy

The lure of the China market is legendary. The dream: Sell something to 1.3 billion people, and you're set.

The reality is totally different.

Ask the MBAs from the University of Pennsylvania's Wharton School who tried to launch Auntie Anne's pretzels in China. The result is a funny, instructive and occasionally harrowing journey that is now the subject of a new book, The China Twist.

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4:54pm

Sun February 10, 2013
Space

To Infinity And Beyond: Would-Be Astronauts Keep Faith In Uncertain Era

Originally published on Sun February 10, 2013 4:58 pm

A child poses for a picture in front of an astronaut space suit at the Kennedy Space Center on the eve of the launch of Space Shuttle Endeavour July 14, 2009 in Cape Canaveral, Fla.
Chip Somodevilla Getty Images

Space exploration has stirred imaginations and piloted hopes and dreams, but the future of space travel looks very different from the age in which Neil Armstrong made it to the moon.

Since NASA is no longer doing manned missions, astronaut hopefuls have turned their sites on the private sector.

Private Adventurism

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6:34am

Sun February 10, 2013
Business

Bloomingdale's Lays Out Welcome Mat To Chinese Shoppers

Originally published on Sun April 7, 2013 8:04 pm

To mark the Lunar New Year, Bloomingdale's is catering to affluent Chinese tourists with an array of pop-up shops.
Courtesy of Bloomingdale's

A number of luxury retailers are rolling out tactics this year to mark the beginning of the Lunar New Year. For Bloomingdale's in New York City, though, reaching out to Asian shoppers during the cultural celebration is a decades-long tradition.

The upscale department store's marketing strategy traces back to 1971, the year President Nixon lifted the U.S. trade embargo with the People's Republic of China. Immediately, Marvin Traub, then-president of Bloomingdale's, decided he wanted to sell Chinese goods in his flagship store on the Upper East Side.

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5:09am

Sat February 9, 2013
Economy

For Rural Towns, Postal Service Cuts Could Mean A Loss Of Identity

Originally published on Sat February 9, 2013 12:11 pm

Brookfield, Vt., residents fear that Postal Service changes will eventually lead to the closing of their small town post office. About 1,300 people live in Brookfield, according to 2010 U.S. Census figures.
Steve Zind Vermont Public Radio

In rural Vermont, the U.S. Postal Service decision to discontinue Saturday letter delivery is yet another blow to an institution that's long been a fixture of village life.

Last year, the U.S. Postal Service abandoned plans to close thousands of small post offices, opting instead to cut hours. But there are fears the cuts will continue until the rural post office is no more.

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