Business

7:18am

Sun October 21, 2012
Economy

Working It: Living Between Hope And Hardship

Originally published on Sun October 21, 2012 10:32 am

Many Americans face a demoralizing battle to find and keep a job.
Kim Green for NPR

Most of us know someone who's had a hard time finding or keeping a job over the past few years. It's an experience that often leaves people feeling defeated and demoralized. In Weekend Edition Sunday's Working It series, hear audio portraits of people whose daily lives are filled with uncertainty.

Read more

5:00pm

Sat October 20, 2012
Technology

French Tweet Sweep Shows Twitter's Local Struggles

Originally published on Sat October 20, 2012 6:35 pm

Friday, Twitter agreed to pull racist tweets after a French organization threatened to sue. The company has resisted efforts to police its content. But hate speech is illegal in many European countries, and anti-hate groups there are grappling with how to deal with the challenge of social media.

Read more

12:03pm

Fri October 19, 2012
The Salt

Sugar Beet Labor Battles Spill Out Onto The National Stage

Supporters of American Crystal Sugar Co. workers, who have been locked out of the company's sugar beet processing plants since 2011, rally in the North Dakota Capitol.
Dale Wetzel AP

It's not just nutritionists who have a problem with sugar these days, so does organized labor. The AFL-CIO is calling for a boycott of one the country's biggest sugar producers, the American Crystal Sugar Company, based in Moorhead, Minn.

Read more

10:09am

Fri October 19, 2012
The Two-Way

Sales Of Existing Homes Dipped In September, But Prices Rose

Originally published on Fri October 19, 2012 10:19 am

A "sold" sign in San Francisco in August.
Justin Sullivan Getty Images

There was a 1.7 percent drop in sales of existing homes in September from August, the National Association of Realtors says.

But the median selling price compared to one year earlier was up for the seventh month in a row, leading NAR chief economist Lawrence Yun to say "we're experiencing a genuine recovery."

According to NAR:

Read more

6:03am

Fri October 19, 2012
Business

Starbucks Says It Complies With U.K. Tax Laws

Originally published on Tue October 23, 2012 1:03 pm

Transcript

RENEE MONTAGNE, HOST:

And in Britain this week, eyebrows were raised with the revelation that Starbucks has paid almost no corporate tax on its operations in the UK. Starbucks insists it's done nothing wrong.

Vicki Barker reports from London.

(SOUNDBITE OF STARBUCKS AD)

UNIDENTIFIED MAN: That's why at Starbucks we've decided to do things differently.

VICKI BARKER, BYLINE: Since that green mermaid logo first washed up on these shores in 1998, Starbucks-UK has racked up more than four and a half billion dollars in sales, here.

Read more

6:03am

Fri October 19, 2012
Business

Business News

Originally published on Tue October 23, 2012 1:03 pm

Transcript

DAVID GREENE, HOST:

A deal in the eurozone begins NPR's business news today.

(SOUNDBITE OF MUSIC)

GREENE: At a summit in Brussels, the European Union agreed today to create a single overseer for its 6,000-plus banks. The move is seen as an important step in preventing future financial meltdowns. The European Bank will lead these efforts and the new overseer will have the power to intervene in any bank in the 17 eurozone countries.

Read more

6:03am

Fri October 19, 2012
Business

The Last Word In Business

Originally published on Tue October 23, 2012 1:03 pm

Transcript

RENEE MONTAGNE, HOST:

And our last word in business today is: Ovonics. That's the science of using thin materials to capture the power of the sun. It's named after Stan Ovshinsky, who died on Wednesday at 89 years old.

DAVID GREENE, HOST:

He held hundreds of patents that changed the way we use and gather energy. Ovshinsky never went to college, but that didn't put a damper on his passion for science. His son told the Associated Press that his dad was determined to change the world.

Read more

6:03am

Fri October 19, 2012
Business

Google's Earnings Released Prematurely, Stock Drops

Originally published on Tue October 23, 2012 1:03 pm

Transcript

DAVID GREENE, HOST:

Yesterday was the kind of day executives at Google would probably like to delete. Trading of the Internet giant's shares was temporarily halted after the company's earnings were released accidently and prematurely. What's worse, the numbers were not anything Google would want to show off. The earnings reports showed profits last quarter fell by more than 20 percent. Here's NPR's Steve Henn.

Read more

6:03am

Fri October 19, 2012
Business

A Check On U.S. Banks

Originally published on Tue October 23, 2012 1:03 pm

Transcript

DAVID GREENE, HOST:

It was four years ago - almost to the day - that American taxpayers bailed out America's big banks, as the nation faced its worst financial crisis in decades. In the past several days, we've been given a look at how the banks are doing - their latest quarterly profit reports.

And to talk about that, we turn, as we often do, to David Wessel. He's economics editor of The Wall Street Journal.

Morning, David.

DAVID WESSEL: Good morning.

Read more

4:59am

Fri October 19, 2012
Business

Investors' Funds Are Recovering, But Not Their Nerves

Originally published on Fri October 19, 2012 10:14 am

Chicken Little was running wild 25 years ago today. But one could hardly blame the poultry for panicking.

On Oct. 19, 1987, the stock market plunged a record-setting 23 percent. The next day, the New York Daily News' front page screamed "Panic!" and a New York Times headline asked: "Does 1987 equal 1929?"

Turns out, the 1987 plunge was a mere stutter step. The Dow Jones industrial average, which closed at 1,739 that day, quickly bounced back. Within a decade, the stock-price average had nearly quintupled.

Read more

Pages