Business

6:44am

Tue October 2, 2012
Business

The Last Word In Business

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

Transcript

STEVE INSKEEP, HOST:

And that brings us to today's last word in business, which is Blossom One. Blossom One is not the name of a new car, though it's nearly as expensive as some.

RENEE MONTAGNE, HOST:

It's a coffee-maker, designed by some folks who've worked for the likes of BMW, Tesla Motors and NASA. Coming in at a little over $11,000, the coffee-maker does have the whiff of rocket science about it.

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5:11am

Tue October 2, 2012
Business

JPMorgan Sued Over Mortgage-Backed Securities

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

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Good morning.

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3:32am

Tue October 2, 2012
Solve This

Candidates Say Little On Difficult Issue Of Housing

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

Despite millions of troubled mortgages around the country, housing hasn't been a major issue in the presidential race so far.
Justin Sullivan Getty Images

Housing continues to be a big issue for the economy, and for many voters. But so far it hasn't been a major issue in the presidential campaign. Perhaps that's because both sides agree that there's no easy fix for the problem of millions of troubled mortgages.

The Problem:

Cathy Busby and her husband co-owned a realty office in Denver when they bought their house in 2006. The next year, the market for houses dried up, leaving them with little income as their house lost value.

Now, she says, she considers herself "poverty level."

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3:51pm

Mon October 1, 2012
The Salt

Nearing Its 50th Birthday, Arby's Gets A 'Fresh' Makeover, New Logo

Originally published on Mon October 1, 2012 8:20 pm

The new Arby's logo is a sleeker and more modern version of the old one, but not everyone's a fan.
courtesy Arby's

Quick — when you think of Arby's, do you think of seasoned curly fries or turkey sandwiches?

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2:49pm

Mon October 1, 2012
All Tech Considered

Cloud Computing Saves Health Care Industry Time And Money

Originally published on Tue October 16, 2012 4:36 pm

Researchers are increasingly using cloud computing to discover new drugs and medical treatments. Cloud computing is often cheaper and quicker than in-house computing.
iStockphoto.com

The cloud's vast computing power is making it easier and less expensive for companies and clinicians to discover new drugs and medical treatments. Analyzing data that used to take years and tens of millions of dollars can now be done for a fraction of that amount.

Most of us know Amazon as the world's largest online retailer. But its cloud computing business is booming too.

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12:10pm

Mon October 1, 2012
The Two-Way

Report: If Congress Ignores 'Fiscal Cliff,' Most Americans Will Pay More Taxes

In this Nov. 19, 2011 fie photo the U.S. Capitol building is seen in Washington.
Pablo Martinez Monsivais AP

Unless Congress passes legislation in a lame-duck session, taxes will be higher by a half-trillion dollars next year, costing the average household nearly $3,500 a year, according to a just-released report by the Urban-Brookings Tax Policy Center.

After studying details of the tax changes now set to take effect for 2013, the researchers were struck by "how big the tax increase is," said Eric Toder, one of those researchers. "It's a huge, huge number."

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11:47am

Mon October 1, 2012
The Salt

'Old-School' Food Shopping Feels New As U.S. Cities Revive Public Markets

Originally published on Tue October 2, 2012 10:40 am

Cleveland Ohio's West Side Market began in 1840 as an open air market on land donated by Josiah Barber and Richard Lord, who were two of the first property owners and mayors of the city's oldest neighborhood. The market was renovated in 2004.
Courtesy of the Project for Public Spaces

One hundred years ago, before Walmart and Whole Foods and Albertson's and Kroger, grocery shopping was a very different experience.

Many American city dwellers flocked to the indoor public markets — huge, high-ceilinged halls lined with vendors hawking everything from fresh fruit and vegetables to full-service meat and fish counters.

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5:13am

Mon October 1, 2012
Business

Maker Faire Celebrates Do-It-Yourself-Culture

Originally published on Mon October 1, 2012 5:23 pm

Transcript

STEVE INSKEEP, HOST:

Thousands of people gathered at the New York Hall of Science this weekend for what's called the World Maker Faire. It was the third an annual celebration of 21st century Do-It-Yourself culture, with workshops, speakers and demonstrations.

But, as reporter Stan Alcorn discovered, the main attraction is the makers themselves.

STAN ALCORN, BYLINE: At the center of the World Maker Faire is Katy Perry.

JESSE GREEN: Katy Perry is the unicorn that we made for a friend's wedding.

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5:13am

Mon October 1, 2012
Business

WTO Projects Slow Economic Growth In 2012

Originally published on Mon October 1, 2012 7:00 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with more signs of a slowdown.

The World Trade Organization projects that global trade in goods will grow by only 2.5 percent this year. Not so great. That's down from last year's 5 percent growth, and much lower than the nearly 14 percent in 2010 as a global recovery began.

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5:13am

Mon October 1, 2012
Business

The Last Word In Business

Originally published on Mon October 1, 2012 7:17 am

The Impossible Project saved Polaroid film before it went off the market. It bought the last remaining factory and restarted production. And a gadget called the Instant Lab prints Polaroids from your iPhone.

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