Business

11:48am

Mon August 27, 2012
Economy

How Has The Economy Changed Since 2008 Elections?

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Coming up, the NFL is in the middle of another lockout, but it's not the players. We'll get more from Sports Illustrated's Pablo Torre in just a few minutes.

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10:04am

Mon August 27, 2012
Business

As Conventions Begin, Where Is The U.S. Economy?

Originally published on Mon August 27, 2012 2:52 pm

Sales of new homes, like this one in Palo Alto, Calif., rose 3.6 percent in July.
Paul Sakuma AP

In late August of 2008, just as delegates were coming together for their political-party conventions, the U.S. economy was falling apart. Home sales were shutting down, employers were slashing payrolls, and financial institutions were lurching toward chaos.

Subsequent weeks saw political leaders and regulators fighting through one gut-wrenching day after another, trying to avert a complete collapse of global markets. On Sept. 24, Republican presidential candidate John McCain temporarily suspended his campaign to help Congress develop financial bailout plans.

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5:18am

Mon August 27, 2012
Business

Samsung Shares Drop After Patent Verdict

Originally published on Mon August 27, 2012 6:35 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with Samsung's slip.

This is the first trading day since Apple's win in a huge American patent battle with competitor Samsung. This weekend, the South Korean company was ordered to pay more than $1 billion in damages after a California jury found it copied features of Apple's iPhone and iPad.

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5:18am

Mon August 27, 2012
Business

New Hampshire, A Low-Cost Massachusetts?

Originally published on Mon August 27, 2012 10:56 am

New Hampshire's economy is comparatively strong these days, but that strength varies depending on where you are in the small state. The closer you get to its border with Massachusetts, the more robust the economic activity. The state has been aggressive about marketing the so-called "New Hampshire Advantage."

5:18am

Mon August 27, 2012
Business

Illegal Dowloads Follow Teen Into Adulthood, Court

Originally published on Mon August 27, 2012 1:23 pm

A federal court in Massachusetts has upheld a $675,000 penalty against a Boston University graduate student for downloading 31 pirated songs online as a teenager. The recording industry says Joel Tenebaum was downloading and distributing thousand of songs and wouldn't stop even after warnings from his father, his college and a cease and desist letter from Sony.

7:32am

Sun August 26, 2012
It's All Politics

Romney's Auto Bailout Stance Complicates Campaign In Battleground Ohio

Originally published on Sun August 26, 2012 4:00 pm

Cars at the General Motors Assembly plant in Lordstown, Ohio, in 2009.
Mark Stahl AP

The auto industry is big business in Ohio. Billions of dollars' worth of cars and auto parts are made in the state each year. Thousands of unionized auto workers live in Ohio, as do the business owners and employees who make it one of the top auto parts suppliers in the nation.

So, the auto bailout is a hot issue — and a complicated one.

For Republicans in Ohio, the bailout is a tough issue — perhaps because of Mitt Romney's initial stance, or perhaps because of the consensus that the bailout worked.

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6:24am

Sun August 26, 2012
Around the Nation

Snakes, And The Snake Wranglers Who Love Them

Originally published on Sun August 26, 2012 12:32 pm

Matt and Paula Wilson (in background) clear rattlesnakes from a field in Pennsylvania. They work as snake wranglers, clearing areas for natural gas company employees.
Scott Detrow WITF

Jobs on natural gas drilling sites can have funny-sounding names: There are roustabouts, mud men, doodlebuggers and snake wranglers. That last one — snake wrangler — is exactly what it sounds like.

Everyone hates snakes, right?

Even Indiana Jones hates snakes.

But — not everybody.

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9:13am

Sat August 25, 2012
The Salt

On A Quest To Roll Out The Bourbon Barrel And Fill It With Hot Sauce

Originally published on Mon October 15, 2012 10:39 am

Used bourbon barrels like these at the Goose Island Brewery in Chicago are finding new life by bringing distinctive flavor to beer, cocktails and hot sauce.
Scott Olson Getty Images

Washington, D.C. blogger Sam Hiersteiner is a hot sauce fan turned maker. He's already harvested two pounds of chiles — serranos, jalapenos, and habaneros — from his 30-plant pepper garden this month, and he's ready to mash them into hot sauce as soon as more ripen. Last year, he mashed fifty pounds total.While he loved the results, he thought it would be even better with a whisper of the flavor imparted by a barrel used for aging bourbon.

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6:28am

Sat August 25, 2012
Business

Apple Win Over Samsung Sends Message To Industry

Originally published on Sat August 25, 2012 10:16 am

Transcript

SCOTT SIMON, HOST:

This is WEEKEND EDITION from NPR News. I'm Scott Simon. Apple has won a decisive victory in a closely watched patent lawsuit. A federal jury in California yesterday ordered Samsung to pay Apple slightly more than $1 billion. The jury found that the world's largest maker of smartphones had essentially stolen iPhone and iPad technology. As NPR's Wendy Kaufman reports, the impact of the ruling is likely to be felt throughout the tech industry.

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6:00am

Sat August 25, 2012
All Tech Considered

Apple's Patent Win Could Alter Landscape Of Smartphone Industry

Originally published on Tue October 16, 2012 4:35 pm

Banners advertising Samsung Electronics' Galaxy S III and Apple's iPhone 4S are displayed at a store in Seoul, South Korea.
Ahn Young-joon AP

The dust has yet to settle on Apple's patent lawsuit victory Friday over electronics rival Samsung. Samsung has said it will ask the court to overturn the verdict, which would award Apple more than $1 billion in damages. But if that's unsuccessful, Samsung will likely appeal.

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