Business

2:40pm

Fri August 10, 2012
Planet Money

How A Pasta Factory Got People To Show Up For Work

Originally published on Mon August 13, 2012 10:06 am

Robert Smith NPR

Zoe Chace and Robert Smith are reporting from European borders this week. This story is about the unofficial border within one country — the border that divides northern and southern Italy. This is the fourth story in a four-part series.

A decade ago, the Barilla pasta factory in Foggia, Italy, had a big problem with people skipping work. The absentee rate was around 10 percent.

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1:59pm

Fri August 10, 2012
The Salt

Consumer Group Files Suit Against Sweetner For Claiming It's 'Essential'

Originally published on Mon October 15, 2012 11:06 am

Spenda Essentials
NPR

Ok guys, reality check here: Nutella is not really a health food, POM Wonderful may be wonderful, but it doesn't necessarily prevent heart disease and... eating Splenda Essentials doesn't single-handedly make the pounds drop off.

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1:24pm

Fri August 10, 2012
The Torch

Year Of The Woman At The London Games? For Americans, It's True

Originally published on Fri August 10, 2012 6:27 pm

The U.S. women's soccer team won gold Thursday, in a victory that also kept the American women far ahead of the men in the number of medals won at the London Games: 100 to 59.
Martin Bernetti AFP/Getty Images

Every nation that sent a delegation to the London Games sent at least one female athlete — a first for the Olympics. This year's Team USA has more female than male athletes — and the women have won nearly twice as many medals: 100 total medals, by my count, to 59 for the men.

So yes, it looks like this is the Year of the Woman at the Olympics, particularly for the United States.

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12:20pm

Fri August 10, 2012
The Two-Way

FTC Finalizes Privacy Settlement With Facebook

Facebook CEO Mark Zuckerberg talks about history of Facebook during the f/8 conference in San Francisco.
Paul Sakuma AP

The Federal Trade Commission has finalized a settlement with Facebook in which the social media leader agrees to get users' approval before making any privacy changes and agrees to periodic third-party audits for the next 20 years on how it handles user privacy.

We told you about this settlement back in November, but today, Reuters reports, after a period of public comment, the settlement has become official.

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10:45am

Fri August 10, 2012
The Two-Way

Consumer Bureau Moves To Make Mortgages Clearer, Foreclosures Fewer

A "bank owned" sign in front of a home in Miami last October.
Joe Raedle Getty Images

Saying it wants "to protect homeowners from surprises and costly mistakes by their mortgage servicers," the Consumer Financial Protection Bureau today proposed new rules it believes would make the home loan process simpler and give struggling homeowners more of a chance to avoid foreclosures.

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5:50am

Fri August 10, 2012
Around the Nation

Motorcycle Fans Ride To Sturgis, S.D., For Rally

Originally published on Fri August 10, 2012 6:28 am

Transcript

STEVE INSKEEP, HOST:

Oh, the famed Sturgis motorcycle rally is wrapping up its 72nd year in South Dakota this weekend. And as the rally ages, so do many of the riders. NPR's Amy Walters was there with some rally old-timers - rally old-timers - checking out what's new on three wheels.

(SOUNDBITE OF MOTORCYCLE ENGINE)

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4:45am

Fri August 10, 2012
Business

Goldman Sachs Won't Be Prosecuted In Fraud Probe

Originally published on Fri August 10, 2012 6:28 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a Justice decision.

(SOUNDBITE OF MUSIC)

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4:45am

Fri August 10, 2012
Business

The Last Word In Business

Originally published on Fri August 10, 2012 6:28 am

Denny's Corp. is opening a flagship restaurant in downtown Las Vegas. It will take up 6,400 square feet and include a full bar and wedding chapel. And of course, it will be open 24-7.

3:23am

Fri August 10, 2012
Business

Why Evading U.S. Rules May 'Tempt' Foreign Banks

Originally published on Fri August 10, 2012 2:42 pm

Police leave the Standard Chartered Bank's offices Tuesday in London. The bank has been accused of making billions of dollars' worth of transactions with the Iranian regime.
Matthew Lloyd Getty Images

The allegations this week against London-based Standard Chartered Bank raise questions, not just about the bank's viability but also about the efficacy of U.S. laws when it comes to foreign banks. Standard Chartered allegedly violated U.S. sanctions against Iran, and regulators said the bank's executives lied to investigators as part of a cover-up.

The case serves as yet another reminder that U.S. regulations, which have strengthened since the Sept. 11, 2001, terrorist attacks, apparently did not deter foreign banks from laundering money through their U.S. operations.

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2:59am

Fri August 10, 2012
Planet Money

Why Don't More Unemployed Spaniards Get Jobs In Germany?

Originally published on Mon August 13, 2012 11:22 am

Jobs ahead.
iStockphoto.com

Zoe Chace and Robert Smith are reporting from European borders this week. This is the third story in a four-part series.

The eurozone was supposed to create one big labor market by making it easy to cross borders for work.

But Gerhard Wiegelmann, a CEO in Stuttgart, Germany, can't find enough workers to staff his company — even with unemployment in Spain over 20 percent. He's had to turn down projects because he can't hire enough people.

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