Business

1:21pm

Tue January 29, 2013
Latin America

For Your Next Caribbean Vacation, Haiti ... Maybe?

Originally published on Mon February 4, 2013 2:29 pm

Mont Joli Hotel looks out over Cap-Haitian in northern Haiti. The owner says he's usually fully booked and plans to double the hotel's capacity. Haiti is trying to expand its tourism infrastructure and tap in to the multibillion-dollar Caribbean travel market.
David Gilkey NPR

Haiti used to be a tourist hot spot in the Caribbean. Former U.S. President Bill Clinton regularly recounts how he and Hillary honeymooned in Haiti in 1975. There used to be a hopping Club Med just outside Port-au-Prince, but it closed in the '90s.

Now, the Haitian government is trying to revive some of its former allure, launching an aggressive campaign to market the poorest country in the hemisphere as a vacation hub.

President Michel Martelly says tourism could be a major driver of economic growth and could help lift Haitians out of poverty.

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12:08pm

Tue January 29, 2013
Your Money

Retirement Accounts: Don't Rob Peter To Pay Paul!

Originally published on Tue January 29, 2013 12:17 pm

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin, and this is TELL ME MORE, from NPR News. Coming up, we have the latest installment in our series Social Me. We'll talk about how educators could use their students' social media habits to figure out how they learn.

But first, to matters of personal finance: We want to talk about retirement. While earlier generations might have had a pension, now millions of Americans, if they have any savings, probably have some kind of retirement account like a 401K.

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12:02pm

Tue January 29, 2013
The Salt

Why Chicken Wings Dominate Super Bowl Snack Time

Blame sports bars for the chicken wing boom, especially on Super Bowl Sunday.
jeffreyw Flickr.com

Take a look at this remarkable graph — is it the stock market? Home sales?

Nope. Click on the blue box in the lower right-hand corner and you'll see that the blue line tracks the number of chicken wings that Americans bought at grocery stores over the last year. See that mighty surge of wing-buying in early February? Apparently, you just cannot have a Super Bowl party without chicken wings — millions and millions of chicken wings.

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10:19am

Tue January 29, 2013
The Two-Way

Consumer Confidence Drops; All Of 2012's Gains Gone

Though there have been other signs to indicate that the economy is on the upswing, many Americans aren't feeling all that good about how things are going.

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10:17am

Tue January 29, 2013
The Two-Way

Home Prices Continue To Rise; Housing Is Now Economic 'Bright Spot'

A sign of the times in Boca Raton, Fla. (November 2012 file photo.)
Joe Raedle Getty Images

There's more good news about the housing market this morning.

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8:36am

Tue January 29, 2013
Business

Battery Maker For Boeing Gets Regulator Clearance

When all Boeing 787 Dreamliners were grounded for electrical issues, it sent the stock of the company that makes the plane's batteries into a tailspin. Now that company, GS Yuasa, is seeing its stock bounce back. The Japanese Civil Aviation Bureau cleared the company of all responsibility for Boeing's electrical issues.

5:10am

Tue January 29, 2013
Media

Facebook Co-Founder Chris Hughes Redesigns 'New Republic'

Originally published on Tue January 29, 2013 12:58 pm

North Carolina-born Chris Hughes attended Harvard University, where he shared a room with his Facebook co-founder, Mark Zuckerberg. He bought a majority stake in the venerable magazine The New Republic in 2012, and is the magazine's publisher and editor-in-chief.
Jason Gardner The New Republic

Chris Hughes, 29, is the co-founder of Facebook, a former adviser to the Obama campaign, and now the publisher of the 98-year-old magazine The New Republic.

He's facing the same challenges other print media owners do: how to marry in-depth news articles with screens that seem to be getting smaller and smaller. Hughes tells NPR's Steve Inskeep it's a task he's prepared to tackle.

Interview Highlights

On redesigning to fit the way we read

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5:10am

Tue January 29, 2013
Business

Yahoo Earnings Beat Wall Street Expectations

Originally published on Tue January 29, 2013 8:36 am

While CEO Marissa Mayer is getting praise, it's unclear which part of Yahoo's business, if any, will turn the once-flagging company around. Yahoo is making more money from users clicking ads while searching but less money on display ads.

5:10am

Tue January 29, 2013
Business

The Last Word In Business

Originally published on Tue January 29, 2013 8:36 am

The nickel — with Lady Liberty on the front and the Roman numeral V on the reverse — shows the date 1913. The problem is the liberty head was replaced by the buffalo head in 1912. Making this nickel a bootleg — one of five allegedly cast at the Philadelphia Mint by a crooked employee. One nickel is expected to sell for more than $2 million at an auction this spring.

3:40am

Tue January 29, 2013
The Record

Rising Postal Rates Squeeze Small Record Labels

Originally published on Tue January 29, 2013 10:51 am

Prices on mail sent through the U.S. Postal Service increased this week — the price of a first-class stamp now costs 46 cents, up a penny. But for small businesses that ship products overseas, like many independent record labels, the costs could be much larger.

Brian Lowit, who has worked at Washington, D.C.'s Dischord Records for 10 years, says that while a postage rate hike is a familiar bump in the road, "I've never seen one this drastic."

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