Business

1:46pm

Mon February 4, 2013
The Two-Way

'Meaningful' Ads Stood Out As Super Bowl Favorites

Originally published on Mon February 4, 2013 4:55 pm

Budweiser's Super Bowl spot won top favorite among many.
Budweiser YouTube

The Super Bowl XLVII TV ads told viewers they love animals, laughs and America.

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12:53pm

Mon February 4, 2013
The Two-Way

Canada Bids Its Penny Goodbye; Should The U.S.?

Canadian pennies. They're not going to be put into circulation anymore.
Fred Greenslade Reuters /Landov

Canada is changing its change.

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11:43am

Mon February 4, 2013
Planet Money

A Union Vote For Chinese Workers Who Assemble iPhones

Originally published on Mon February 4, 2013 12:12 pm

Workers at a Foxconn plant in Shenzhen, China, in 2010.
AFP AFP/Getty Images

The Chinese workers who assemble iPhones, iPads and tons of other electronic devices may soon be able to elect their own union representatives, the FT reports.

Labor unions technically do exist in Chinese factories, but they're typically controlled by management and the government. So a union run by democratic vote of the workers would be a huge shift.

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11:27am

Mon February 4, 2013
The Salt

Small Farmers Aren't Cashing In With Wal-Mart

Originally published on Tue February 5, 2013 8:21 am

Wal-Mart claims that 11 percent of the produce in its stores now comes from local farms.
Abbie Fentress Swanson Harvest Public Media

When Wal-Mart calls, Herman Farris always finds whatever the retailer wants, even if it's yucca root in the dead of winter. Farris is a produce broker in Columbia, Mo., who has been buying for Wal-Mart from auctions and farms since the company began carrying fruits and vegetables in the early 1990s.

During the summer and fall, nearly everything Farris delivers is grown in Missouri. That's Wal-Mart's definition of "local" — produce grown and sold in the same state. In winter, it's a bit tougher to source locally.

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7:19am

Mon February 4, 2013
Business

Canadian Government Retires Its Penny

Originally published on Mon February 4, 2013 12:09 pm

The Canadian mint stops distributing pennies on Monday. Canada stopped making one-cent coins last year to cut costs, since each penny cost 1.6 cents to make. Most stores will round out change to the nearest five cents.

5:19am

Mon February 4, 2013
Economy

U.S., E.U Bilateral Trade Deal 'Is Within Our Reach'

Originally published on Mon February 4, 2013 12:09 pm

Transcript

DAVID GREENE, HOST:

NPR's business news starts with talk of a free-trade zone.

(SOUNDBITE OF MUSIC)

GREENE: All right. With both sides of the Atlantic suffering economic woes, there is new interest in a free-trade zone between the United States and the European Union.

As Teri Schultz reports, the idea has come up before and hasn't gone anywhere.

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5:19am

Mon February 4, 2013
Business

The Last Word In Business

Originally published on Mon February 4, 2013 12:09 pm

Transcript

DAVID GREENE, HOST:

One of the product spots that went viral during the Super Bowl was not seen on television and did not cost millions of dollars.

And that brings us to today's last word in business: Oreo.

RENEE MONTAGNE, HOST:

Oreo took advantage of last night's stadium blackout to tweet an image of the cookie submerged in darkness with the caption: You Can Still Dunk in the Dark.

Sarah Hofstetter is president of the ad agency 360i.

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5:19am

Mon February 4, 2013
Business

SodaStream Criticized For West Bank Plant

Originally published on Sun February 10, 2013 8:48 am

Transcript

RENEE MONTAGNE, HOST:

And let's think about the Super Bowl once again. Last night was big for the Ravens and for an Israeli company called SodaStream. It ran its first Super Bowl ad.

The original spot it hoped to air was rejected. And as NPR's Larry Abramson reports, there are much bigger controversies facing that company.

(SOUNDBITE OF MUSIC)

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3:36am

Mon February 4, 2013
Crisis In The Housing Market

Foreclosure Process Hammers Florida's Housing Market

Originally published on Mon February 4, 2013 12:09 pm

A sign hangs outside a house in Miami in 2010. Currently, Florida's foreclosure legal process can take a couple of years, which critics say is hurting the housing market.
Joe Raedle Getty Images

A decade ago, speculators in Florida were pumping up a huge housing bubble.

"You couldn't go wrong," Tampa real estate attorney Charlie Hounchell says. In that overheated period from 2001 to 2006, "you could buy a house and make $100,000 a year later by selling it," he says.

But the party ended in 2007 and the hangover persists. The state now has the highest foreclosure rate in the country, beating out Nevada for the first time in five years.

Experts say the legal process in Florida is the key reason for the sluggish pace of foreclosures there.

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6:52am

Sat February 2, 2013
Business

The Dow's Big Day Rounds Out Big Week In Business News

Originally published on Sat February 2, 2013 3:07 pm

Transcript

SCOTT SIMON, HOST:

This is WEEKEND EDITION, from NPR News. I'm Scott Simon. And the U.S. stock market's on a tear. The Dow Jones Industrial Average closed above 14,000 yesterday, for the first time in more than five years. Investors seized on encouraging news about factory orders and auto sales. They chose to look past a report that unemployment inched up last month, too, to 7.9 percent. NPR's Scott Horsley reports.

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