Business

6:23am

Sun September 16, 2012
The Salt

To Find Truly Wild Rice, Head North To Minnesota

Originally published on Tue September 18, 2012 2:43 pm

Joe Hoagland, left, pushes a canoe through a wild rice bed as 14-year-old Chris Salazar learns how to harvest the rice.
Jim Mone AP

Harvest season is upon us, but in the U.S.'s northern lakes, it's not just the last tomatoes and first pumpkins. Through the end of this month, canoes will glide into lakes and rivers for the annual gathering of wild rice, kick started with the popular Wild Rice Festival in Roseville, Minn., on Saturday.

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6:20am

Sun September 16, 2012
Africa

Rwanda's Economy: An Unlikely Success Story

Originally published on Tue September 18, 2012 9:52 am

Rwanda's President Paul Kagame at the International Fund for Agricultural Development headquarters in Rome in February. Changes in agriculture have been part of the country's economic growth.
Tiziana Fabi AFP/Getty Images

East Africa is a tough place to do business. Want to open shop in Kenya? Prepare for a month of paper work, surly officials and bribes. To the west, in Rwanda, it's a different story.

"Registering a business takes just a matter of hours. It no longer takes months, weeks, as it used to be," says Rwandan President Paul Kagame.

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3:27pm

Fri September 14, 2012
The Salt

Penn State's Latest Woes: There's Something In The Ice Cream

Originally published on Tue September 18, 2012 2:44 pm

An ice cream recall is the latest in a line of Penn State's woes.
slightly everything Flickr.com

As if Penn State didn't have enough problems these days, it looks like someone may be spiking its famous ice cream.

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3:20pm

Fri September 14, 2012
Planet Money

Even If You're All-Powerful, It's Hard To Fix The Economy

Originally published on Tue September 18, 2012 2:43 pm

This guy lives in a computer. Can you get him a job?
Walt Disney Pictures The Kobal Collection

The world inside Mark Zandi's computer model feels pretty familiar. It's full of people who are worried about the economy. Their homes are being foreclosed on. They're paying more for gas. Something like 13 million of them can't find jobs.

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11:48am

Fri September 14, 2012
The Two-Way

What Anti-Islam Film Says About Free Speech And The 'Hecklers Veto'

Originally published on Fri September 14, 2012 1:47 pm

After the deadly attack on the U.S. Consulate in Libya earlier this week, Google took down the YouTube video said to have sparked the violence — but only in Libya and in Egypt, where anti-American protests also flared up.

It's an example of the challenges of balancing U.S. free speech concerns and of something known as the "heckler's veto."

The Innocence of Muslims isn't the only YouTube video that can be seen in the U.S. but not elsewhere. Nazi propaganda is banned in Germany, for example, and slurs against Turkey's founder don't appear in that country.

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6:44am

Fri September 14, 2012
Business

Psy's 'Gangnam Style' Sets Records

Originally published on Fri September 14, 2012 11:43 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: Gangnam Style.

(SOUNDBITE OF MUSIC VIDEO, "GANGNAM STYLE")

PSY: (Rapping) Oppan gangnamseutail.

INSKEEP: That's the music video by the Korean rapper Psy - P-S-Y. Since it was posted in July, it has gotten more than 160 million views - 160 million. The song recently made it onto the Billboard Hot 100 chart. And at the rate it's going it will surpass the summer earworm "Call Me Maybe" in YouTube views.

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6:43am

Fri September 14, 2012
Business

Fed's New Plan Focuses On The Housing Market

Originally published on Fri September 14, 2012 11:43 am

Transcript

STEVE INSKEEP, HOST:

The Federal Reserve in this country is embarking on another unconventional program to strengthen the sluggish economic recovery. This time, the Fed is focused on the housing market, as NPR's John Ydstie reports.

JOHN YDSTIE, BYLINE: At the end of their two day meeting yesterday, Fed officials said they intend to buy $40 billion a month of mortgage backed securities to help the struggling housing market.

Fed chairman Ben Bernanke explained the rationale at his post meeting new conference.

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6:41am

Fri September 14, 2012
Business

Home Depot To Close 7 Stores In China

Originally published on Fri September 14, 2012 11:43 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a do-it-yourself downsizing.

(SOUNDBITE OF MUSIC)

INSKEEP: Home Depot, the U.S.-based home improvement big box chain, says it's going to leave some big boxes behind. It's going to close seven of its stores in China. The company says it's moving away from the do-it-yourself model in China.

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4:24am

Fri September 14, 2012
Economy

Discouraged In Hunt For A Job, Many Stop Looking

Originally published on Fri September 14, 2012 11:43 am

A job fair was held at the The Walter E. Washington Convention Center in Washington, D.C., last month. The U.S. unemployment rate declined in August in part because the number of "discouraged workers" climbed.
Chip Somodevilla Getty Images

The U.S. population is growing. In normal times, the labor force — working or not — would be growing too. But these are not normal times, and the labor force is actually smaller than it was four years ago, meaning millions of people who should be there aren't.

The reasons people drop out of the workforce are myriad. People go back to school. Others have health issues or family priorities that keep them from looking for work. But some stop looking because they are discouraged.

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4:24am

Fri September 14, 2012
U.S.

California Online Sales Tax Faces Enforcement Hurdle

Originally published on Fri September 14, 2012 11:43 am

An Amazon worker sorts packages at a fulfillment center in Goodyear, Ariz.
Ross D. Franklin AP

It's not hard to find online shoppers these days. Take the hipster cafe in San Francisco's Mission District where Shirin Oskooi opens her laptop and ticks off her latest Amazon purchases.

Next to her is Craig Sumner. He opens an Amazon invoice to see how much sales tax he was charged on his latest pair of Levis: none.

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