Business

5:06pm

Fri December 28, 2012
U.S.

Major Port Strike Averted — For Now

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish. A strike has been averted at many of the nation's busiest shipping ports, at least temporarily. The union representing longshoremen at ports along the East Coast and the Gulf of Mexico have threatened to walk off the job starting Sunday. But as we hear from NPR's Jim Zarroli, port operators and the union have reached agreement on one of their most contentious issues.

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12:26pm

Fri December 28, 2012
The Two-Way

Port Strike Averted As Dock Workers, Terminal Operators Agree To Extension

Originally published on Fri December 28, 2012 4:46 pm

Longshoremen and East Coast and Gulf Coast port operators have agreed to an extension on labor negotiations, a federal mediator said Friday, averting a potentially crippling strike that would have halted container traffic at many of the nation's largest seaports.

Update at 4:45 p.m. ET: The temporary deal extends the contract to Feb. 6.

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6:50am

Fri December 28, 2012
Planet Money

The 'Fiscal Cliff' And The Art Of Negotiating

The tortuous negotiations involved in the "fiscal cliff" talks are like a chess game. The opponents follow rules and techniques. Negotiating is part science, part art, and everyone does it in their daily lives.

6:48am

Fri December 28, 2012
Politics

'Fiscal Cliff' Countdown: 4 Days Until The Plunge

So far there are no signs of a breakthrough in talks between Democrats and Republicans in Washington to stave off the tax hikes and spending cuts set to take effect on New Year's Day. President Obama has summoned top congressional leaders for talks at the White House on Friday.

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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