Business

6:37am

Fri December 28, 2012
Business

SEC Filing Reveals Apple CEO's Pay Package

Originally published on Fri December 28, 2012 7:14 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with a big pay cut.

(SOUNDBITE OF MUSIC)

GREENE: Apple hit a big milestone this year when it became the most highly valued public company in history. So it may be a surprise to hear that Apple's CEO, Tim Cook, saw a big dip in salary - like, a 99 percent dip.

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6:37am

Fri December 28, 2012
Business

The last Word In Business

Originally published on Fri December 28, 2012 7:18 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business has the Second City coming in first, but I have a feeling this will not be a source of pride. In 2013, Chicago will have the most expensive parking meters in North America.

DAVID GREENE, HOST:

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6:37am

Fri December 28, 2012
Business

What's In Store For The Airline Industry In 2013?

Events in the new year could include the biggest airline merger ever. For months, a deal between American Airlines and U.S. Airways has been talked about. The new year is also likely to bring slightly higher domestic ticket prices and some new planes.

6:37am

Fri December 28, 2012
Environment

Administrator Lisa Jackson To Leave EPA

Originally published on Fri December 28, 2012 3:32 pm

Transcript

RENEE MONTAGNE, HOST:

Also last month, the head of the Environmental Protection Agency joked to an environmental law conference: Everyone who wants my job, stand up. Yesterday, Lisa Jackson turned serious and made it official: She's leaving the EPA next month.

As NPR's Selena Simmons-Duffin reports, there are mixed feelings about Jackson's departure.

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4:23pm

Thu December 27, 2012
Books

E-Books Destroying Traditional Publishing? The Story's Not That Simple

Originally published on Thu December 27, 2012 9:40 pm

Publishers are finding that flexible pricing on e-books can help bring in new readers.
iStockphoto.com

What counts as a book these days, in a world of Kindles, Nooks and iPads — and eager talk about new platforms and distribution methods?

Traditional publishers are traveling a long and confusing road into the digital future. To begin with, here's the conventional wisdom about publishing: E-books are destroying the business model.

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4:23pm

Thu December 27, 2012
It's All Politics

Federal Government Prepares For Uncertain Landing After 'Fiscal Cliff'

Originally published on Thu December 27, 2012 9:40 pm

With negotiations to avoid the "fiscal cliff" uncertain at best, the Obama administration is trying to tamp down anxiety in the federal workforce.

The administration's message to various federal agencies is that there will be little immediate effect on public employees from the budget cuts scheduled to take effect next week if a deal is not reached. Treasury Department employees, for instance, were told not to expect "day to day operations to change dramatically on or immediately after January 2."

For workers, of course, that's good news.

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8:45am

Thu December 27, 2012
The Two-Way

Jobless Claims Fell By 12,000 Last Week

The line at a job fair earlier this month in Manhattan.
John Moore Getty Images

There were 350,000 first-time claims for unemployment benefits last week, down 12,000 from the week before, the Employment and Training Administration reports. That's the lowest level since early March 2008.

The agency adds that "the 4-week moving average," which tends to smooth out some of the volatility that comes with the weekly figures, "was 356,750, a decrease of 11,250 from the previous week's revised average of 368,000."

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4:34am

Thu December 27, 2012
Business

The Last Word In Business

Originally published on Thu December 27, 2012 6:34 am

Transcript

DAVID GREENE, HOST:

Now, if you have BlackBerry at the bottom of the drawer, it turns out it's also at the bottom of the 2012 list of smartphone makers.

Our last word in business is: Bad Call.

The company that makes BlackBerry, Research in Motion, had only 5 percent of the global smartphone market in 2012. That was down from 11 percent the year before. That's according to the market research firm iSuppli. Also in the 5 percent club: Nokia and HTC.

That's the business news on MORNING EDITION, from NPR News. I'm David Greene.

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4:34am

Thu December 27, 2012
Economy

5 Days Left To Avoid 'Fiscal Cliff" Extremes

Originally published on Thu December 27, 2012 5:06 am

President Obama returns to Washington Thursday as do members of the U.S. Senate. They're cutting holiday plans short in hopes of coming up with a deal to avoid the tax hikes and budget cuts set to take effect on Jan. 1.

4:34am

Thu December 27, 2012
Business

What Does Your Desk Drawer Reveal About You?

Originally published on Thu December 27, 2012 5:07 am

What do you keep in your desk drawer at work? Financial Times columnist Lucy Kellaway recently investigated what was in her colleagues' desk drawers, and wrote a column about her findings. She talks to Renee Montagne about some of the items people have, and why they hold on to them.

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