Business

6:16am

Tue December 25, 2012
Around the Nation

'Morning Edition' Salutes Those Working On Christmas

Originally published on Tue December 25, 2012 9:42 am

Transcript

DAVID GREENE, HOST:

We hope that you're spending this holiday around the people who matter most in your lives. But not everyone has the day off. And we wanted to hear from people who are working today. So, we called out on NPR's Facebook page and we heard back from hundreds of people - from soldiers to snow plow drivers. We called a few of them up and put together this audio portrait of people working today. We're calling it Christmas on the Clock.

LAURA PARKS: Really busy.

BUTCH TRAYLOR: And very hectic.

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5:59am

Tue December 25, 2012
Business

Business News

Originally published on Tue December 25, 2012 9:42 am

Transcript

(SOUNDBITE OF MUSIC)

DAVID GREENE, HOST:

NPR's business news starts with possible port shutdowns.

A federal mediator says port operators and workers will start talking to each other again. The clock is ticking because a contract extension expires Saturday for longshoremen from Maine to Texas. Talks broke down last week. Retailers are pushing hard for mediation. Transcript provided by NPR, Copyright National Public Radio.

5:59am

Tue December 25, 2012
Business

The Last Word In Business

Originally published on Tue December 25, 2012 9:42 am

Transcript

DAVID GREENE, HOST:

And today's last word in business: Dueling Santa Trackers.

We've heard for a while how NORAD tracks Santa's progress on Christmas Eve. Turns out Google is following Santa's path as well. But when NORAD, powered by Microsoft, placed him over Japan, Google cited him over Australia. When Google had him in Iceland, NORAD said no, it was Argentina. Both say he's made all of his drop-offs though, which means he's not using Apple Maps.

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

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5:59am

Tue December 25, 2012
Business

The Finale Of '12 Days Of Tax Deductions'

Originally published on Tue December 25, 2012 9:42 am

Transcript

DAVID GREENE, HOST:

Now each day we've been looking at those gifts - big and small - that the government gives us in the form of tax benefits and we have finally hit the final day in our series that we've called the Twelve Days of Tax Deductions.

(SOUNDBITE OF SONG, "TWELVE DAYS OF CHRISTMAS")

GREENE: And so on this 12th day of tax deductions, we thought we would just dig into a grab bag of a lot of deductions you may or may not even know about.

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5:59am

Tue December 25, 2012
Business

Is Wall Street's Love Affair With Apple Over?

Originally published on Tue December 25, 2012 9:42 am

Transcript

(SOUNDBITE OF MUSIC)

DAVID GREENE, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm David Greene.

Let's begin our show this Christmas Day with a look back at a business development this year that took many investors by surprise. Just over three months ago, Apple's stock hit a record high - for a few days in September a single share was selling for more than $700. But since then, Apple's stock has tanked. In December, it traded briefly below $500 a share.

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5:59am

Tue December 25, 2012
Business

Online Sales Increase 16 Percent This Holiday Season

Originally published on Tue December 25, 2012 9:42 am

Transcript

DAVID GREENE, HOST:

OK, so the final numbers are not in yet, but it looks like the Christmas shopping season was just OK. There were some bright spots, particularly in online sales.

NPR's Ina Jaffe reports.

INA JAFFE, BYLINE: The frenzy of Black Friday calmed down considerably over the course of the Christmas shopping season. Major chains began offering big discounts as the holiday approached and that'll cut into profits.

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4:03am

Tue December 25, 2012
Economy

Back To The Economy Of The '90s? Not So Fast

Originally published on Tue December 25, 2012 9:42 am

A lone employee oversees Hewlett-Packard workstations being assembled at a plant on Jan. 1, 1993. Huge improvements in computer technology propelled the economy during that decade.
Ovak Arslanian Time

Throughout the debate over taxes and the "fiscal cliff," there's been a lot of looking backward — to the 1990s. The economic expansion of the 1990s was the longest in recorded American history.

Democrats say the economy thrived under the leadership of President Bill Clinton, including his tax rate increase on high earners. Republicans say government didn't spend as much then and that growth didn't really take off until the GOP took control of Congress in 1995.

So what actually happened in the '90s? What made them tick?

A Unique Boom

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3:57pm

Mon December 24, 2012
Business

Lower Energy Prices Could Inspire U.S. Auto Industry Renaissance

Originally published on Mon December 24, 2012 5:18 pm

Robert Siegel reviews the top auto news of 2012 with Dan Neil, automotive columnist for The Wall Street Journal.

3:51pm

Mon December 24, 2012
Business

Detroit Three Look To Revive Their Luxury Brands

Originally published on Mon December 24, 2012 7:19 pm

Alan Mulally, president and CEO of Ford Motor Co., stands next to the Lincoln MKZ. For the first time ever, Ford will promote the Lincoln brand during the Super Bowl.
Shannon Stapleton Reuters/Landov

GM, Ford and Chrysler are turning their focus to selling luxury cars — something they haven't succeeded at in decades. They're hoping that success in the competitive but lucrative luxury sector will signal that the U.S. auto industry's comeback is complete.

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1:24pm

Mon December 24, 2012
All Tech Considered

Kenyan Women Create Their Own 'Geek Culture'

Originally published on Mon December 24, 2012 5:18 pm

Kenyan Susan Oguya created an app to help farmers in her homeland. Shown here in the office of her company, M-Farm, she also belongs to the group Akirachix, which seeks to bring more Kenyan women into the tech world.
Gregory Warner

When a collective of female computer programmers in Kenya needed a name for their ladies-only club, they took their inspiration from the Japanese cult film Akira.

"So akira is a Japanese word. It means energy and intelligence. And we are energetic and intelligent chicks," says Judith Owigar, the president of Akirachix.

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