Business

1:40pm

Tue February 5, 2013
Planet Money

When Companies Agree To Huge Penalties But Don't Admit Doing Anything Wrong

Originally published on Tue February 5, 2013 5:07 pm

Francis Twitty/ iStockPhoto.com

It happens all the time: The government announces some giant settlement with a company that's been accused of doing something wrong. The company agrees to pay some massive fine. Then, in the fine print, there's something along the lines of: "The company neither admits nor denies any wrongdoing."

Recently, though, some powerful people have been pushing back, rejecting deals that include this kind of fine print.

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1:28pm

Tue February 5, 2013
Digital Life

The Twitter Ads Spawned By Super Bowl Blackout

Originally published on Tue February 5, 2013 2:05 pm

Transcript

NEAL CONAN, HOST:

This is TALK OF THE NATION. I'm Neal Conan.

And now, a look beyond Baltimore and Beyonce to the enduring possibilities of an ephemeral event. When the lights went out at Superdome on Sunday, Twitter lit up. Advertising teams from several companies tried to capitalize with instant ads. Like many of the regular ads, almost of these flopped, but one produced an idea that people are still buzzing about, Oreo cookies. If you work in the ad business, how does social media changed the game? Give us a call, 800-989-8255. Email: talk@npr.org.

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11:27am

Tue February 5, 2013
NPR Story

Score More Dates By Improving Your Credit

Originally published on Tue February 5, 2013 12:03 pm

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin, and this is TELL ME MORE from NPR News. Coming up, people often talk about the struggle to get into college but for many students, finishing is really the big challenge. Our next guest has some practical tips for students, to help them make it to the finish line.

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9:48am

Tue February 5, 2013
The Two-Way

Dell Seals $24.2 Billion Buyout Deal; Founder Among Buyers

Originally published on Tue February 5, 2013 12:56 pm

Matt Rourke AP

"Slumping personal computer maker Dell is selling itself for $24.4 billion to its founder and a group of investors that includes Microsoft," The Associated Press writes, in "the largest deal of its kind since the Great Recession dried up financing for risky maneuvers like this."

The wire service adds that "the complex agreement announced Tuesday will end Dell Inc.'s nearly 25-year history as a publicly traded company. Shareholders are receiving $13.65 per share for their stock. ... Founder Michael Dell will remain the company's CEO and largest shareholder."

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6:26am

Tue February 5, 2013
Business

The Last Word In Business

Originally published on Tue February 5, 2013 1:47 pm

Transcript

STEVE INSKEEP, HOST:

And our last word in business is: America's pizza crisis solved.

For decades, Pizza Hut has been researching ways to improve the flawed pizza consumption process. Until recent years, Americans were forced to hold the slice two-handed, you know, with the finger up under the point, or fold it in half like Spike Lee in "Do the Right Thing." Pizza Hut has never felt that was good enough, and they're trying for something better.

RENEE MONTAGNE, HOST:

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6:26am

Tue February 5, 2013
Business

Business News

Originally published on Tue February 5, 2013 1:47 pm

Transcript

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

NPR's business news starts with a slip for BP.

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

The British oil company, BP, announced its 4th quarter earnings today, and its net profit was about a billion dollars lower than a year earlier. BP has been shrinking as assets have been sold off to pay for its liabilities tied to the 2010 Gulf of Mexico oil spill.

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6:26am

Tue February 5, 2013
Business

Reports: Dell To Become Private Company

Originally published on Tue February 5, 2013 1:56 pm

A $24.4 billion buyout that would take computer maker Dell private was announced Tuesday. The group negotiating to buy the company includes private equity firm Silver Lake, Microsoft and Dell's founder Michael Dell.

6:26am

Tue February 5, 2013
Business

S&P To Face Fraud Suit Over Mortgage-Backed Securities

Originally published on Tue February 5, 2013 1:47 pm

Transcript

STEVE INSKEEP, HOST:

The U.S. Justice Department plans to file a civil suit this week accusing the credit rating company Standard and Poor's of fraud. Standard and Poor's is the company that famously downgraded U.S. debt in 2011. This investigation focuses on S and P's actions before the financial crisis. The civil action accuses S and P of fraudulently inflating the ratings of mortgage investments, setting them up for the crash that lead to the great recession. The investigation is the focus of today's Business Bottom Line, and here's NPR's Jim Zarroli.

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6:26am

Tue February 5, 2013
Business

FCC Proposes Public WiFi Network

Originally published on Tue February 5, 2013 1:47 pm

Transcript

RENEE MONTAGNE, HOST:

The federal government has proposed an ambitious plan to build public WiFi networks throughout the country. The idea is to boost innovation and make the Internet cheaper and more accessible.

STEVE INSKEEP, HOST:

The Federal Communications Commission wants to do this by acquiring wireless spectrum from television broadcasters, including certain airwaves and set them aside for public use.

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3:22am

Tue February 5, 2013
U.S.

One-Way Tickets To Florida: Puerto Ricans Escape Island Woes

Originally published on Tue February 5, 2013 6:09 pm

Miguel Fontanez Sr., the owner and founder of Pioco's Chicken in Kissimmee, Fla., serves customers at his restaurant. He opened the restaurant 11 years ago, and it has become a hub for the area's large Puerto Rican community.
John W. Poole NPR

Puerto Rico's population is dropping. Faced with a deteriorating economy, increased poverty and a swelling crime rate, many citizens are fleeing the island for the U.S. mainland. In a four-part series, Morning Edition explores this phenomenon, and how Puerto Rico's troubles are affecting its people and other Americans in unexpected ways.

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