Business

11:44am

Tue October 23, 2012
Economy

Homeowners' Deductions: Economic Boost Or Burden?

Transcript

MICHEL MARTIN, HOST:

And now to matters of personal finance. As we head to the last lap of the election, you might be getting familiar by now with some of the issues being talked about over and over again by the candidates.

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10:59am

Tue October 23, 2012
The Salt

How Fly Farming May Help More Fish Stay In The Sea

Originally published on Wed October 24, 2012 4:19 pm

The fly larvae in the AgriProtein factory feed on cow blood and bran.
Courtesy of Jason Drew

What's the lowly house fly got to do with the $60 billion fish farming industry?

Quite a lot, says Jason Drew, a jet-setting British entrepreneur who is so enthusiastic about the potential of flies, he's just written a book called The Story of the Fly and How It Could Save the World. He thinks flies can solve one of aquaculture's most vexing issues: what to feed the growing ranks of farmed fish.

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10:06am

Tue October 23, 2012
The Two-Way

Apple Expected To Announce A Smaller Version Of Its iPad

Originally published on Tue October 23, 2012 2:35 pm

Apple Senior Vice President of Worldwide product marketing Phil Schiller announces the new iPad Mini during an Apple special event at the historic California Theater on Tuesday.
Kevork Djansezian Getty Images

Update at 1:52 p.m. ET. Introducing iPad Mini:

Philip W. Schiller, the senior vice president of worldwide marketing at Apple, announced a new, smaller and cheaper version of its popular tablet, just minutes ago in San Jose, Calif.

"So, what can you do with an iPad mini that can't do with an iPad?" Schiller asked. "You can hold it in one hand."

The iPad mini is as thin as a pencil, weighs 0.68 pounds and has a 7.9 inch screen, Schiller said. The iPad has a 9.7 inch screen.

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5:53am

Tue October 23, 2012
Europe

Greek Grocers Get New Rules For Expired Food

A new regulation in Greece is requiring supermarkets to label and reduce prices of nonperishable food sold after the recommended day of consumption. The government says such goods have been sold since 1989, but at the same price as nonexpired perishable goods. Now, supermarkets must set the goods aside on a separate shelf and mark the price down. Are Greeks welcoming the change or suspicious about lax regulation?

5:53am

Tue October 23, 2012
Media

'Newsweek' Editor Brown On Print Edition's Demise

Originally published on Tue October 23, 2012 6:51 pm

Transcript

STEVE INSKEEP, HOST:

The word tenacious can also describe Tina Brown, editor of Newsweek and the Daily Beast, and also a regular guest on this program. She had made headlines at many magazines over the years and also made headlines on those magazines. Last week, Brown announced that Newsweek will end its print edition in January. But instead of going out of business, she says she wants to go on. She wants to turn Newsweek into an electronic magazine for tablet readers, like the iPad, supported by advertising and reader subscriptions.

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5:53am

Tue October 23, 2012
Media

BBC Roiled By Jimmy Savile Sex Abuse Scandal

The BBC is dealing with its worst crisis in decades. At the heart of the affair: allegations that the late BBC entertainer Jimmy Savile serially sexually abused underage women. The BBC now is having to defend how it handled an investigative report into the charges.

5:53am

Tue October 23, 2012
Business

Deal Makes Russian Oil Company Biggest Producer

Transcript

STEVE INSKEEP, HOST:

Two of the world's biggest oil companies have announced a deal that will slurp up millions of barrels of crude and billions of dollars in earnings, if it works. The move would make Russia's state-owned company Rosneft the biggest publicly traded oil producer in the world - and it would give the British energy giant BP more opportunities in Russia.

NPR's Corey Flintoff reports from Moscow.

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5:43am

Tue October 23, 2012
Business

Study: Being Popular May Boost Your Income

Originally published on Tue October 23, 2012 5:53 am

The most popular kids in high school go on to earn higher wages than the least popular — as much as 10 percent 40 years after graduation, according to a new study published by the National Bureau of Economic Research. Researchers say students with better social skills do better when they enter the workplace.

5:41am

Tue October 23, 2012
Business

Yahoo's Profits Spiked In Third Quarter

Originally published on Tue October 23, 2012 5:53 am

Yahoo's new CEO Marissa Mayer got a lot of attention recently for her decision to cut short her maternity leave and return to work. But she returned to some good news: The troubled online company earned more than $3 billion, beating industry predictions.

4:38am

Tue October 23, 2012
All Tech Considered

Microsoft, An Empire Under Siege, Makes Its Next Moves

Originally published on Tue October 23, 2012 6:49 pm

Microsoft CEO Steve Ballmer speaks at a Microsoft event in San Francisco in July. This week, Microsoft launches Windows 8, a radical redesign of its operating system, as well as a new set of tablet computers.
Jeff Chiu AP

Microsoft, the company that defined the PC, is still enormously profitable — but not as profitable as it once was.

This week, Microsoft will try to regroup. It is rolling out the largest upgrade of its Windows software in more than a decade. All of this is meant to help the company break into the exploding market for mobile.

While the company still commands a formidable computing empire, it is now under attack.

Microsoft's CEO is Steve Ballmer, a big, bombastic, balding guy. These days he's riled up about Windows 8.

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