Business

4:50am

Thu September 27, 2012
Business

The Last Word In Business

Originally published on Thu September 27, 2012 6:53 am

Transcript

DAVID GREENE, HOST:

There is at least one group of musicians out there who don't seem to have any money problems. Our last word in business is: Kiss. They know what their fans want.

(SOUNDBITE OF SONG, "ROCK N' ROLL ALL NIGHT" )

KISS: (Singing) I wanna rock and roll all night and party every day. I, wanna rock and roll...

STEVE INSKEEP, HOST:

You know you're moving your head as if you're playing a guitar onstage right now.

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4:50am

Thu September 27, 2012
Business

Business News

Originally published on Thu September 27, 2012 6:44 am

Kareem Serageldin is accused of hiding mortgage security losses during the financial crisis. He faces extradition to the U.S. A former senior trader for Credit Suisse, Serageldin is the highest level Wall Street executive to be charged in a case related to the 2008 financial meltdown.

4:50am

Thu September 27, 2012
Sports

Regular NFL Refs Will Be Back On The Job Thursday

Originally published on Thu September 27, 2012 5:19 am

Transcript

STEVE INSKEEP, HOST:

We are pleased to announce this morning that NPR has ended its lockout of Mike Pesca. The network reached a deal with our sports correspondent after his replacement repeatedly confused adjectives with adverbs. OK, that's a joke, but in reality the NFL reached a deal with referees after the replacements made a series of brutally criticized calls. Mike Pesca has been following developments.

Mike, good morning.

MIKE PESCA, BYLINE: And that was a goodly decision. Oh, wait a minute. I've done it too.

(LAUGHTER)

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4:50am

Thu September 27, 2012
Business

Has Apple's Fued With Google Hurt Its iPhone 5?

Originally published on Thu September 27, 2012 5:08 am

The fallout from Apple's controversial decision to drop Google Maps from the iPhone 5 continues. Customers aren't giving Apple Maps any love, and analysts say Apple made an uncharacteristic blunder in dumping Google.

3:40am

Thu September 27, 2012
Business

In Solyndra's Wake, Solar Company Sees Bright Spot

Originally published on Thu September 27, 2012 9:59 am

SoloPower is betting it will succeed where others have failed with a $197 million loan from the Department of Energy.
SoloPower/PRNewsFoto AP

A small solar power company hopes to become a winner in a market littered with losers.

San Jose, Calif.-based SoloPower is opening a $60 million manufacturing facility in Portland, Ore., Thursday as it works toward receiving a major government loan — like the one given to now-bankrupt Solyndra. SoloPower thinks it has a strategy to succeed where Solyndra failed.

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3:33pm

Wed September 26, 2012
The Salt

Greek Credit Crisis Forces Winemakers, Food Canners To Adapt

Originally published on Wed September 26, 2012 5:54 pm

Winemakers like Stellios Boutaris, shown near his vineyard outside Naoussa, Greece, and other business leaders have been forced to pursue new financial tactics because credit is hard to come by.
Jim Zarroli NPR

When the economic crisis erupted in Greece and the bottom fell out of the domestic wine market, the Kir-Yianni vineyard outside picturesque Naoussa decided to adapt. Like other wineries in Greece, it has increasingly tapped the export market, successfully marketing and selling wine in Europe, the United States and even China.

"If you ask me, this crisis has been good for us," says Stellios Boutaris, the son of the company's founder. "It's going to make us stronger."

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3:22pm

Wed September 26, 2012
The Two-Way

Freddie Mac Didn't Harm Homeowners, Inspector General Says

In January, NPR and ProPublica reported on a potential conflict of interest at Freddie Mac, a mortgage giant sponsored by the federal government. The stories noted that even as Freddie Mac was writing rules making it harder for homeowners to refinance their mortgages, it also was stepping up investments in securities that gain when homeowners remain stuck in high-rate loans.

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1:15pm

Wed September 26, 2012
World

Badger Battle: British Animal Lovers Protest Cull

Originally published on Wed September 26, 2012 5:54 pm

Badgers have been blamed for spreading disease among cattle in Britain. But a campaign to cull the badgers has been met with opposition from prominent figures like Queen guitarist Brian May, who joined this rally in Bristol earlier this month.
Matt Cardy Getty Images

The badger, a stalwart of BBC nature programs, is one of Britain's most beloved animals and is a protected species.

To many English dairy farmers, though, this timid omnivore with the black and white stripes is a mobile biological weapon, exposing their cows to bovine tuberculosis through its urine and saliva.

And they've persuaded the British government to sanction extreme measures.

This month, the government issued licenses allowing trained marksmen to wipe out 70 percent of the badger populations in two pilot areas.

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11:58am

Wed September 26, 2012
The Salt

If Genetically Modified Apples Don't Brown, Can You Tell If They're Rotten?

Originally published on Thu September 27, 2012 3:13 pm

Soon after being sliced, a conventional Granny Smith apple (left) starts to brown, while a newly developed GM Granny Smith stays fresher looking.
Courtesy of Okanagan Specialty Fruits Inc.

In the fairy-tale world, a shiny red apple can lead to a poisonous end. But some see two genetically engineered green apple varieties, poised to become the first to gain U.S. Department of Agriculture approval, as similar harbingers of doom.

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10:23am

Wed September 26, 2012
The Two-Way

New Home Sales Were Flat In August, But Prices Rose Sharply

Model homes at a new development in Millbrae, Calif., earlier this year.
David Paul Morris Getty Images

While the number of new homes sold in August was barely changed from July, the median sales price was up sharply, the Census Bureau and Department of Housing and Urban Development report. So the news adds to other recent signs, including Tuesday's report about higher home prices in major cities, of a recovering housing sector.

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