Business

4:32am

Fri October 12, 2012
Business

Pentagon Revising Cyber Rules Of Engagement

Originally published on Fri October 12, 2012 5:36 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with rules of engagement.

(SOUNDBITE OF MUSIC)

INSKEEP: Last night, Secretary of Defense Leon Panetta issued these words of warning: foreign cyber actors - he said - are probing America's critical infrastructure networks.

As NPR's Larry Abramson reports, Panetta says the Pentagon is revising its cyber rules of engagement, so it can respond to those attacks.

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4:23am

Fri October 12, 2012
Business

Survey: 1-In-10 'Dual-Screened' Presidential Debate

Originally published on Fri October 12, 2012 6:37 am

Transcript

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3:23am

Fri October 12, 2012
The Salt

Kelp For Farmers: Seaweed Becomes A New Crop In America

Originally published on Fri October 12, 2012 11:02 am

Oyster fisherman Bren Smith on his boat, The Mookie. Smith decided to try his hand at seaweed farming, collaborating with ecology professor Charles Yarish.
Ron Gautreau Courtesy of Bren Smith

A new kind of crop is being planted in the United States, and it doesn't require any land or fertilizer. Farming it improves the environment, and it can be used in a number of ways. So what is this miracle cash crop of the future?

It's seaweed.

Charlie Yarish, professor of ecology and evolutionary biology at the University of Connecticut, loves seaweed. In nature, he says, when seaweed turns a rich chocolate color, that means the plant is picking up nitrogen, a process called nutrient bioextraction.

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3:22am

Fri October 12, 2012
Planet Money

Gangnam Style: Three Reasons K-Pop Is Taking Over The World

Originally published on Fri March 21, 2014 4:16 pm

Gangnam Style is, among other things, a high-tech, sophisticated export.

Yes, the video is totally crazy and awesome. But this is not some viral fluke. South Korea has been building up to this moment for 20 years.

Here are three reasons South Korean pop music is taking over the world:

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4:23pm

Thu October 11, 2012
The Salt

How A Sleepy Pennsylvania Town Grew Into America's Mushroom Capital

Originally published on Fri October 12, 2012 5:13 pm

Four hundred million pounds of mushrooms come from farms in Chester County, Pa.
Eliza Barclay NPR

Here's an astonishing fact: Half of America's mushrooms are grown in one tiny corner of southeastern Pennsylvania, near the town of Kennett Square.

But why? It's not as though this place has some special advantage of climate or soil, the kind of thing that led to strawberry fields in Watsonville, Calif., or peach orchards in Georgia. Mushrooms can grow indoors. They could come from anywhere.

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1:50pm

Thu October 11, 2012
Technology

In Digital War, Patents Are The Weapon Of Choice

Originally published on Thu October 11, 2012 2:16 pm

iStockphoto.com

If you don't think of patents as a particularly exciting or interesting field, consider a point Charles Duhigg makes in his recent New York Times article, "The Patent, Used as a Sword": According to an analysis done at Stanford: "In the smartphone industry alone ... as much as $20 billion was spent on patent litigation and patent purchases in the last two years — an amount equal to eight Mars rover missions."

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11:10am

Thu October 11, 2012
Business

Beep If You Understand Veep Buzzwords

Originally published on Thu October 11, 2012 12:07 pm

Wind turbines dwarf a church near Wilson, Kan. The White House wants to extend a federal wind energy credit, but the Romney campaign wants to let it expire.
Charlie Riedel AP

When Vice President Joe Biden and U.S. Rep Paul Ryan face off during their only debate, tens of millions of Americans will tune in to hear them defend their running mates' records.

And that audience Thursday night also will hear lots of budget-related buzzwords, with meanings that may not be entirely clear. Those words are shorthand for policies that could have huge impacts on taxpayers and the annual $1 trillion budget deficit.

Brushing up on terms of the debate can help voters better understand what's really being said on the stage at Centre College in Kentucky.

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9:55am

Thu October 11, 2012
The Two-Way

U.S. Foreclosures Drop Dramatically, But The Picture Remains Very Mixed

Originally published on Thu October 11, 2012 10:38 am

An auction sign in front of a Salem, Ore., home on Feb. 23.
Rick Bowmer AP

RealtyTrac, an online industry group that follows the foreclosure market, says the number of foreclosed properties nationally dropped dramatically in September, down by seven percent from August. And the firm says since September 2011, foreclosures are down 16 percent — that's the lowest total since July 2007.

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4:47am

Thu October 11, 2012
Business

Michigan Voters To Decide Renewable Energy Mandate

Originally published on Thu October 11, 2012 5:32 am

Transcript

STEVE INSKEEP, HOST:

There are business effects to some of the more than 170 statewide ballot measures to be decided in next month's elections. In California, voters will determine if labels should be required on genetically-modified food. People in Arkansas will vote whether to increase taxes for highways and bridges. And one measure in Michigan is capturing attention - whether the state constitution should be amended to change how utilities get their electricity.

Here's Rebecca Williams of Michigan Radio.

(SOUNDBITE OF SHIP HORN)

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4:47am

Thu October 11, 2012
Business

WAL-Mart's Off To A Good Start With Holiday Shopping

Originally published on Thu October 11, 2012 2:22 pm

Wal-Mart is thriving despite the shaky economy, protests from union supporters and allegations of bribery at its Mexican unit. The company's stock price hit an all-time high Wednesday, and holiday layaway sales are off to a sizzling start. It's also introducing a low-cost, pre-paid debit card.

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