Business

4:20am

Wed October 3, 2012
Business

The Last Word In Business

Originally published on Wed October 3, 2012 10:14 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: unidentified.

Apple has been much criticized for new iPhone software. It erases the Google Maps function that a lot of people like and replaces it with Apple's own maps of the world, which have been criticized for leaving out seemingly vital information - like roads, entire towns, things that were on the map when Apple still used Google.

RENEE MONTAGNE, HOST:

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4:20am

Wed October 3, 2012
Business

Iran's Currency Drops Sharply In Value

Originally published on Wed October 3, 2012 5:59 pm

Transcript

STEVE INSKEEP, HOST:

We're following up this morning on the collapse of Iran's rial, it's currency which is leading to major developments today. Over the past week, Iran's currency has lost about 40 percent of its value or more, falling to an all-time low against the U.S. dollar, this as a result of U.S. and other sanctions against Iran. And that has led to protests and violence in the streets of Tehran today.

We're going to catch up now with Thomas Erdbrink. He's Tehran bureau chief for the New York Times. Welcome back to the program.

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4:20am

Wed October 3, 2012
Business

Wal-Mart's Female Employees File Suit In Tennessee

Originally published on Wed October 3, 2012 10:14 am

Transcript

STEVE INSKEEP, HOST:

Some other news. Women who work for Wal-Mart - the world's largest retail chain - continue to make claims they get paid less and are not promoted as often as men. Current and former Wal-Mart employees have now filed a court case in Tennessee.

As Blake Farmer of member station WPLN reports.

BLAKE FARMER, BYLINE: Three women are named. Attorney Scott Tift says each has a first-hand account of discrimination.

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3:35am

Wed October 3, 2012
All Tech Considered

Calif. Greenlights Self-Driving Cars, But Legal Kinks Linger

Originally published on Wed October 3, 2012 5:56 pm

California Gov. Jerry Brown (front left) rides in a driverless car to a bill signing at Google headquarters in Mountain View, Calif., on Sept. 25.
Eric Risberg AP

Google's self-driving robotic cars have been on the roads in California for two years, but they have been operating in a legal limbo. These cars were not explicitly forbidden, but laws governing self-driving vehicles didn't exist.

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3:25am

Wed October 3, 2012
The Salt

In Washington State, Picker Shortage Threatens Apple Boom

Originally published on Wed October 3, 2012 5:57 pm

Amilia Magno, 23, of Pasco, Wash., carries a heavy load of buckeye gala apples in Broetje Orchards near Prescott, Wash.
Anna King Northwest News Network

In western Michigan, there aren't enough apples to pick because bad weather decimated 85 to 90 percent of the crop. But Washington state has the opposite problem — there's an abundance of apples, but not enough pickers.

This should be the happiest, busiest time of year in Washington apple orchards. But now — just as the peak of apple harvest is coming on — Broetje Orchards manager Roger Bairstow is wincing.

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11:40am

Tue October 2, 2012
Your Money

Can Saving Money Cost Money?

Originally published on Wed October 3, 2012 9:55 am

Transcript

CELESTE HEADLEE, HOST:

I'm Celeste Headlee and this is TELL ME MORE from NPR News. Coming up, style maven Stacy London tells us about the psychology of fashion and what messages you're sending with your choice of clothing. That's in a few minutes.

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10:16am

Tue October 2, 2012
The Salt

High Food Prices Forecast More Global Riots Ahead, Researchers Say

Originally published on Thu October 11, 2012 10:34 am

A Tunisian protester holds a baguette while taking to riot police in January 2011.
Martin Bureau AFP/Getty Images

When French peasants stormed the Bastille on July 14, 1789, they weren't just revolting against the monarchy's policies. They were also hungry.

From the French Revolution to the Arab Spring, high food prices have been cited as a factor behind mass protest movements. But can food prices actually help predict when social unrest is likely to break out?

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6:44am

Tue October 2, 2012
Business

2013 Car Models

Originally published on Tue October 2, 2012 1:08 pm

Transcript

RENEE MONTAGNE, HOST:

'Tis the season for new car buying. Fall is when automakers roll out their latest models - with new technologies and better fuel efficiency. And to talk about the latest trends, we reached Michelle Krebs in Detroit. She's a senior analyst at the auto information website Edmunds.com.

Good to have you back, Michelle.

MICHELLE KREBS: Glad to be back.

STEVE INSKEEP, HOST:

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6:44am

Tue October 2, 2012
Business

Retailers Paying More For Fraud-Related Costs

Originally published on Tue October 2, 2012 1:08 pm

Transcript

RENEE MONTAGNE, HOST:

And here in the U.S., for retailers, the cost they pay for consumer fraud is going up. Merchants who sell their products using mobile devices or sell internationally are seeing their costs climbing higher still - almost 40 over last year.

NPR's Wendy Kaufman reports.

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6:44am

Tue October 2, 2012
Business

Business News

Originally published on Tue October 2, 2012 1:08 pm

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

NPR's business news starts with Iran's currency plunging.

(SOUNDBITE OF MUSIC)

INSKEEP: Iran's money hit another record low today. Depending on who's trading, a single American dollar in Tehran can now cost around 38,000 Iranian rials.

Western sanctions, intensified this year by the Obama administration, have been wrecking Iran's economy. It's also harder for Iranians to get their hands on dollars, which are vital for international trade.

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