Business

4:13pm

Tue July 24, 2012
Planet Money

Episode #389: Handling Other People's Money

Originally published on Thu July 26, 2012 12:25 pm

Republican presidential candidate Mitt Romney.
J.D. Pooley Getty Images

For today's show, we've collected three Planet Money radio stories never before heard on the show. All of them deal with people who handle other people's money — a politician's, a workforce's, and even a continent's:

Just How Blind Are Blind Trusts, Anyway?: With questions swirling about Mitt Romney's investments, a look at how blind trusts really work.

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4:05pm

Tue July 24, 2012
Planet Money

NYT Excerpt: Offshore Banking In Belize

Sunset in Belize, a popular offshore haven for businesses.
halseike Flickr

This week in The New York Times Magazine, Adam Davidson opens a hard-to-trace offshore company in Belize, which turns out to be a piece of cake:

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10:56am

Tue July 24, 2012
Planet Money

How Lego Almost Lost It, Doing Everything Right

Originally published on Tue July 24, 2012 12:16 pm

A visitor looks at artist Nathan Sawaya's Lego sculpture "T-Rax" at "The Art of the Brick" exhibition in Taiwan earlier this month.
Chiang Ying-ying AP

Lego Group, maker of those iconic plastic building blocks, inspires an almost fanatical following in some quarters. But as a business, it turns out, it came close to going bust by following the hot advice of the day — and then recovered by turning to a more prosaic playbook.

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9:08am

Tue July 24, 2012
Business

'News Of The World' Editors Charged In Hacking

Originally published on Wed July 25, 2012 10:30 am

Transcript

STEVE INSKEEP, HOST:

We've been following some big developments today in the News of the World phone-hacking scandal in Britain. Prosecutors are charging eight people - including a former top aide to Prime Minister David Cameron - and a woman who was Rupert Murdoch's top lieutenant. NPR's Philip Reeves reports.

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6:48am

Tue July 24, 2012
Business

'Dark Knight Rises' Tops Weekend Box Office

Originally published on Wed July 25, 2012 10:30 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a box office high.

(SOUNDBITE OF MUSIC)

INSKEEP: The new Batman movie "Dark Knight Rises" set a box office record over the past weekend. There were questions, of course, about how much money it would bring in after Friday's shooting in Colorado in a theater where the movie was showing.

NPR's Mandalit del Barco has more.

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6:48am

Tue July 24, 2012
Business

Peet's Coffee Sold For Narly $1 Billion

Originally published on Wed July 25, 2012 10:30 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is for Peet's sake.

(SOUNDBITE OF COFFEE GRINDER)

INSKEEP: And that's the sound of a coffee grinder.

(SOUNDBITE OF COFFEE GRINDER)

INSKEEP: Really cranking up, there. We have to go along way to get that sound. Actually, it's the sound of a coffee grinder inside NPR. It's a very welcomed sound at MORNING EDITION.

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6:48am

Tue July 24, 2012
Business

At Silicon Valley Boot Camp, Perfecting The Pitch

Originally published on Wed July 25, 2012 2:32 pm

Transcript

STEVE INSKEEP, HOST:

And let's go next to Silicon Valley, California, with a program called NewME, or New Media Entrepreneurship. It's a boot camp to encourage women and African-Americans - two groups that are dramatically underrepresented among technology entrepreneurs. We've been hearing about it this week. Seven participants from across the country are sharing a house in San Francisco. They're getting coached on their business plans, and as Amy Standen of member station KQED reports, they're attempting to perfect the art of the pitch.

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4:45am

Tue July 24, 2012
U.S.

Despite Crop Insurance, Drought Still Stings Farmers

Originally published on Wed July 25, 2012 10:30 am

Corn plants dry in a drought-stricken farm field on July 17 near Fritchton, Ind. The corn and soybean belt in the middle of the nation is experiencing one of the worst droughts in more than five decades.
Scott Olson Getty Images

Stop by most any unirrigated farm across the lower Midwest and you'll see crops in distress. Midwestern corn and soybean farmers are taking a beating during the recent drought, but it's not likely to drive many out of business.

Most of those farmers carry terrific insurance, and the worse the drought becomes, the more individual farmers will be paid for their lost crops. The federal government picks up most of the cost of the crop insurance program, and this year that bill is going to be a whopper.

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4:46pm

Mon July 23, 2012
Technology

Tech Week Ahead: A Look At Quarterly Reports

Originally published on Mon July 23, 2012 5:19 pm

Robert Siegel looks ahead to the week's tech news with Steve Henn. They cover the quarterly reports from the big tech companies.

3:55pm

Mon July 23, 2012
The Salt

Ordering Food Online? That'll Be More Calories, Cost And Complexity

Originally published on Mon July 23, 2012 4:51 pm

Ordering food online can affect your waistline and your wallet more than traditional methods.
iStockphoto.com

Think about it — when you order something online, you avoid long lines, there are infinite options at your fingertips, and no one can see your face. So it comes as little surprise, then, when people order food online, they might go a little overboard.

Actually, sometimes a lot overboard.

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