Business

6:42pm

Tue July 15, 2014
It's All Politics

Temporary Fix For Highway Money Is Well-Traveled Road

Originally published on Tue July 15, 2014 6:54 pm

The I-75 highway modernization project in Dayton, Ohio, in April 2014.
Skip Peterson AP

If kicking the can down the road were a competitive sport, the championship trophy would never leave Washington.

When the need to make a difficult choice collides with an unyielding deadline, the tendency in a city where partisan gridlock is the norm is to put the tough decisions off for another day.

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4:21pm

Tue July 15, 2014
Around the Nation

Fate Of Decades-Old Cigar Factory Dangles By A Phrase

Originally published on Tue July 15, 2014 7:23 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

AUSIE CORNISH, HOST:

And I'm Audie Cornish. Tampa was once known as Cigar City. Today, there's just one cigar factory left. The J.C. Newman Company makes cigars in Tampa the way it has for more than 80 years on machines made in the 1930s. Now, as NPR's Greg Allen reports, the company's owners and employees are worried new federal regulations may put them out of business.

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4:21pm

Tue July 15, 2014
Business

Why Blockbusters And Flops Cost The Same At The Box Office

Originally published on Tue July 15, 2014 7:23 pm

Transcript

AUDIE CORNISH, HOST:

If you go to the movies this week, you might find yourself sitting in a sold-out show of "Dawn Of The Planet Of The Apes," the summer's latest blockbuster. Or, you might be sitting in a nearly empty theater down the hall watching something far less popular. Well, here's the thing - the ticket price to the blockbuster is exactly the same as the less popular movie. Jacob Goldstein from our Planet Money team wondered why.

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11:53am

Tue July 15, 2014
All Tech Considered

Comcast 'Embarrassed' By The Service Call Making Internet Rounds

Originally published on Wed July 16, 2014 2:38 pm

Comcast is the largest cable company and home Internet service provider in the United States.
Matt Rourke AP

When a customer service call is described as "Kafkaesque" and "hellish," you pretty much know how it's going to go down before even taking a listen. But in case you haven't heard the condescending, tedious call that's lit up the Internet, here it is:

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10:58am

Tue July 15, 2014
Business

Citigroup Settlement Offers Former Homeowners 'Cold Comfort'

Originally published on Tue July 15, 2014 11:10 am

The Citigroup Center is viewed in midtown Manhattan. Critics say the U.S. settlement with the banking giant will do nothing for those hurt most by the foreclosure crisis: people who lost their homes.
Timothy A. Clary AFP/Getty Images

Should you be watching your mailbox for a check from Citigroup?

The banking giant says it will pay out $2.5 billion to provide "consumer relief" to help settle charges brought against it by the U.S. Justice Department. The government said Monday that "defects" in Citi's mortgage securities had fueled the financial crisis that triggered the Great Recession.

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10:28am

Tue July 15, 2014
The Two-Way

NPR News Executive Leaves For Job At The Atlantic

Originally published on Tue July 15, 2014 12:14 pm

Margaret Low Smith is leaving her post as NPR News' senior vice president to become president of AtlanticLIVE.
Stephen Voss NPR

Margaret Low Smith, a longtime NPR executive who has served as senior vice president for news for three years, is leaving the company to become the president of The Atlantic's live events business.

"Her departure will be felt as profoundly as any in recent memory," NPR Chief Content Officer Kinsey Wilson wrote in a memo to staff Tuesday.

He added that Smith's final day at NPR will be at the end of July. She joined the company in 1982 as an overnight production assistant on Morning Edition.

Wilson added that:

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8:06am

Tue July 15, 2014
The Two-Way

Tobacco Giant Reynolds American To Buy Lorillard In $27B Deal

Originally published on Tue July 15, 2014 11:41 am

Cigarette maker Reynolds American, which makes Camel, said it's buying Lorillard Inc. for $27 billion.
Keith Srakocic AP

Cigarette giant Reynolds American announced Tuesday that it's buying rival Lorillard in a $27 billion deal that unites two of the country's biggest tobacco companies.

The acquisition creates a giant to rival Philip Morris USA, which is owned by Altria Group Inc., the No. 1 tobacco company in the country. Altria's Marlboro brand dominates the U.S. cigarette market.

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7:24am

Tue July 15, 2014
Business

VW To Expand Chattanooga Plant

Originally published on Tue July 15, 2014 7:53 am

Transcript

STEVE INSKEEP, HOST:

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7:24am

Tue July 15, 2014
Business

Employees Criticize CIA Cafeteria, FOI Request Reveals

Originally published on Tue July 15, 2014 7:53 am

The news website MuckRock published complaints about the CIA cafeteria which came from a 2010 Freedom of Information Act request. Spies prefer individual ketchup packets to pump dispensers.

7:10am

Tue July 15, 2014
Business

Coal-Burning Power Plant To Give New Life To Texas Oil Field

Originally published on Thu July 17, 2014 11:15 am

Transcript

RENEE MONTAGNE, HOST:

There is a coal-burning power plant outside of Houston that ranks among the nation's biggest emitters of carbon dioxide. With pressure to reduce greenhouse gas emissions, the plant is hoping to capture that CO2 and use it to boost energy production in an old oilfield. Houston Public Media's Andrew Schneider reports.

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