Business

6:31am

Tue September 4, 2012
Economy

Democrats' Convention To Focus On Jobs, Economy

Originally published on Tue September 4, 2012 12:38 pm

Transcript

STEVE INSKEEP, HOST:

Now, as you can hear from Scott's report, the economy is a top issue in this campaign.

DAVID GREENE, HOST:

So it's fitting that the Democratic Convention was preceded by Labor Day and will be followed by Friday's release of the latest employment numbers.

INSKEEP: NPR's Yuki Noguchi talked with voters about jobs on Labor Day.

YUKI NOGUCHI, BYLINE: This year, Labor Day festivities came to Charlotte in the form of a huge street party.

(SOUNDBITE OF SINGING)

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6:23am

Tue September 4, 2012
Business

Business News

Originally published on Tue September 4, 2012 12:38 pm

Transcript

DAVID GREENE, HOST:

NPR's business news starts with iPhones and Kindles and Droids - oh, my.

(SOUNDBITE OF MUSIC)

GREENE: Tech giants Nokia, Motorola and Amazon are all expected to announce new hand-held devices this week. It may be an attempt to keep pace with Apple, now the largest U.S. company ever. Apple's rumored to be unveiling its new iPhone at a news conference next week.

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6:23am

Tue September 4, 2012
Business

Author Caught Writing His Own Glowing Review

Originally published on Tue September 4, 2012 1:27 pm

Transcript

DAVID GREENE, HOST:

Today's last word in business is really written by Steve Inskeep.

STEVE INSKEEP, HOST:

And really written by David Greene. We feel obliged to mention that because a British author is in trouble for writing under a pseudonym.

GREENE: Amazon, the bookselling site, allows people to write short reviews of books. And the best-selling novelist R.J. Ellroy was caught anonymously writing glowing reviews of his own work.

INSKEEP: Mr. Ellroy praised himself for his, quote, "magnificent genius."

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6:23am

Tue September 4, 2012
Asia

What's Next? China's Fast-Growing Economy Slows

Originally published on Tue September 4, 2012 5:29 pm

Transcript

STEVE INSKEEP, HOST:

Not so long ago, the journalist James Fallows made a prediction about China. Many Americans worry about the power of a rising China, but Fallows argued that in the next few years Americans may have more to worry about from China's weakness.

China's economic boom has altered the world economy, but its growth is slowing down. And we're going to talk about that with Beijing-based economist Patrick Chovanec. He's on the line from Beijing.

Welcome to the program.

PATRICK CHOVANEC ECONOMIST: Good to be here.

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5:16pm

Mon September 3, 2012
Business

Tech Week Ahead: Amazon Hints At New Kindle

Melissa Block looks ahead to the week's tech news with Laura Sydell. They cover a big upcoming announcement from Amazon.

4:53pm

Mon September 3, 2012
All Tech Considered

When A Kickstarter Campaign Fails, Does Anyone Get Their Money Back?

Originally published on Wed September 5, 2012 3:48 pm

In seeking financial backers for her Ouya game console, Julie Uhrman was looking for about $1 million. The business received far more than that amount.
Kickstarter

Crowd funding began as a way to support the arts on the Internet. Artists could go online to pitch a new album, for example, in the hope that thousands would give small amounts. But now it's expanded to entrepreneurs, and the rules aren't quite as clear.

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12:03pm

Mon September 3, 2012
Business

Which Workers Need Unions, And Which Don't?

Union shops in the private sector have dwindled in recent decades. Now, public union leaders worry that they're losing political clout, bargaining power and members. That raises questions about whether unions fallen victim to their own success. Originally broadcast on June 7, 2012.

8:53am

Mon September 3, 2012
The Salt

No More Shame: Boxed Wine Now Comes In A High-End Fashion Purse

Originally published on Wed September 19, 2012 4:14 pm

Vernissage is trying to revamp boxed wine to attract a more sophisticated customer.
Vernissage

Ladies, if the thought of showing up at a party or a picnic with a box of wine seems a little gauche, there's now a product for you: Vernissage's "bag-in-a-bag" of wine. It's boxed wine, shaped like a handbag.

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7:43am

Mon September 3, 2012
The Two-Way

Trucks Full Of Cash: U.S. Firms Make Plans For Greece Euro Exit

Originally published on Mon September 3, 2012 8:41 am

A woman walks past a closed branch of the ATE bank in Athens, on July 30 as employees of the bank went on strike.
Angelos Tzortzinis AFP/Getty Images

European leaders have vowed to do all they can to keep the eurozone intact, but U.S. companies are making contingency plans in case Greece is forced to leave the currency union.

The New York Times said major U.S. banks and corporations are "preparing for what was once unthinkable" — Greece's exit from the eurozone:

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6:05am

Mon September 3, 2012
Business

Business News

Originally published on Mon September 3, 2012 7:03 am

At least a dozen private equity firms are being investigated over their use of a questionable tax strategy, according to The New York Times. The state's attorney general is looking into whether the firms converted fees for managing funds into investment income — allowing it to be taxed at a much lower rate.

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