Business

NPR Story
5:07 am
Fri January 30, 2015

Russia's Economic State Is A Reversal Of Fortune For Putin

Originally published on Fri January 30, 2015 7:46 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

RENEE MONTAGNE, HOST:

Even Russia's government admits the country's economy is taking a hit from those sanctions. The plunge in the price of oil isn't helping that oil-driven economy either.

STEVE INSKEEP, HOST:

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The Two-Way
9:04 pm
Thu January 29, 2015

Car Safety Improves: Study Lists Those With Most, And Least, Driver Deaths

A 2011 Subaru Legacy is among the nine vehicles that were found to have a driver fatality rate of zero in a new report by the Insurance Institute for Highway Safety.
Daniel Acker Landov

Originally published on Fri January 30, 2015 2:54 pm

A record nine car models recorded driver death rates of zero, in a periodic study by the Insurance Institute for Highway Safety. The group's focus on 2011 models driven through 2012 also found the overall death rate fell by more than a third from its previous study.

The new study found that when looking at 2011 models through the 2012 calendar year, driver deaths per million registered vehicle years fell to 28; just three years earlier, the driver death rate was 48.

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Code Switch
5:16 pm
Thu January 29, 2015

University Re-Imagines Town And Gown Relationship In Philadelphia

New apartment buildings are replacing empty lots in Mantua, one of Philadelphia's poorest neighborhoods.
Will Figg for NPR

Originally published on Mon February 2, 2015 5:40 am

Dinner is served in the West Philadelphia neighborhood of Mantua.

"You look like you're ready to have a great Dornsife neighborhood partnership meal! Am I right about it?" Rose Samuel-Evans asks the crowd at a free community dinner of chicken marsala and stuffed flounder hosted by Drexel University.

Samuel-Evans works in this two-story, orange-brick schoolhouse; it's one of three refurbished buildings that opened last summer north of campus as part of Drexel's Dornsife Center for Neighborhood Partnerships.

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The Two-Way
2:39 pm
Thu January 29, 2015

Report: The Increasingly Unequal States Of America

An oil well near Tioga, North Dakota.
KAREN BLEIER AFP/Getty Images

Originally published on Thu January 29, 2015 2:52 pm

A study released this week supports previous reporting that income growth in America has been lopsided ever since the economy began to bounce back from the recent recession.

The Economic Policy Institute, a nonprofit think tank, examined federal tax data, state-by-state, and found the national trend of lopsided growth persists. The center's report is titled The Increasingly Unequal States Of America.

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The Two-Way
6:39 am
Thu January 29, 2015

Obama's Budget Would Undo Broad, Automatic Cuts Made In 2013

President Obama speaks to the media after the automatic budget cuts associated with the sequester took effect in March 2013.
Mark Wilson Getty Images

Originally published on Thu January 29, 2015 9:07 am

When President Obama meets with House Democrats tonight during their retreat in Philadelphia, officials say he'll lay out the details of his budget proposal, which will include reversal of large cuts to federal spending instituted in 2013.

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Business
5:33 am
Thu January 29, 2015

After Weak Earnings, McDonald's CEO Steps Down

Originally published on Wed February 4, 2015 1:20 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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NPR Story
5:03 am
Thu January 29, 2015

We Shorted America!

We bet against this.
Quoctrung Bui

Originally published on Sat January 31, 2015 11:02 am

A lot of people buy stocks, hoping they will go up in value. But it is possible to bet in the opposite direction. You can bet against a stock, hoping it will plunge. It's called "shorting" a stock.

Most people don't short stocks, and we wondered why. So we decided to short something ourselves.

We had no idea what to short, or how to do it. So we asked the well-known short seller Andrew Left of Citron Research for advice. He interrupted me before I could finish explaining our plan.

"Don't do it," he said.

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Business
4:14 am
Thu January 29, 2015

And So We Meet, Again: Why The Workday Is So Filled With Meetings

PW Illustration Ikon Images/Getty Images

Originally published on Thu January 29, 2015 8:46 am

The ouster of Bryan Stockton from his perch as CEO at Mattel this week came as the toymaker's best-known brands like Barbie stagnate and it loses business to Web-based games.

Stockton himself said last year that Mattel lacked an innovative culture and blamed it in part on something specific: bad meetings. That's a common and persistent corporate ailment.

Scott Ryan-Hart is a cartographer for the Ohio Department of Transportation, where a typical meeting can last more than two hours.

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Economy
4:14 am
Thu January 29, 2015

For Long-Haul Drivers, Cheap Gas Means A Sweeter Commute

Jed Brown drives 100 miles each day to work between Pennsylvania and West Virginia. Cheaper gas is making his commute more manageable, but he doesn't expect the low prices to last.
Uri Berliner NPR

Originally published on Thu January 29, 2015 8:21 am

With wages still stuck for many Americans, the big drop in gasoline prices is the equivalent of an unexpected cash bonus for the nation's drivers.

The average American household is expected to save $750 this year from lower gas prices, according to the Energy Department.

But Thomas Kinnaman, an economist at Bucknell University in Lewisburg, Pa., says it's instructive to look beyond the word "average."

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Parallels
3:24 am
Wed January 28, 2015

Tiger Skins And Rhino Horns: Can A Trade Deal Halt The Trafficking?

Coleen Schaefer (left) and Doni Sprague display a tiger pelt that was confiscated and is being stored at the National Wildlife Property Repository on the outskirts of Denver. Some 1.5 million items are being held at the facility. The Trans-Pacific Partnership, which is still under negotiation, would punish wildlife trafficking.
Jackie Northam NPR

Originally published on Wed January 28, 2015 3:36 pm

If you want a sobering look at the scale of wildlife trafficking, just visit the National Wildlife Property Repository on the outskirts of Denver. In the middle of a national refuge is a cavernous warehouse stuffed with the remains of 1.5 million animals, whole and in parts.

They range from taxidermied polar bears to tiny sea horses turned into key chains. An area devoted to elephants is framed by a pair of enormous tusks.

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Sports
9:06 am
Tue January 27, 2015

How Do Some Highly Paid Athletes Go Bankrupt? They're Risk Takers

Originally published on Tue January 27, 2015 1:16 pm

Former All-Star point guard Allen Iverson of the Philadelphia 76ers, the story goes, hated luggage so much he used to buy new outfits every time his team went on a road trip. Needless to say, he's had some financial troubles.

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Politics
6:14 am
Tue January 27, 2015

Murkowski Critical Of Proposal For Arctic National Wildlife Refuge

Originally published on Tue January 27, 2015 1:38 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

NPR Story
5:02 am
Tue January 27, 2015

Greece Looks To Renegotiate Bailout Terms

Originally published on Tue January 27, 2015 3:13 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

The Two-Way
3:20 pm
Mon January 26, 2015

2015 Will Continue Streak Of Shrinking U.S. Budget Deficit

A chart shows the U.S. federal government's spending and revenues, from 1965 projected forward to 2025.
Congressional Budget Office

Originally published on Mon January 26, 2015 8:22 pm

The federal budget deficit will fall in 2015, the sixth consecutive year of decreases relative to the overall economy, according to new figures by the Congressional Budget Office. The office also says the U.S. economy will expand at a "solid pace" for the next few years.

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The Two-Way
11:08 am
Mon January 26, 2015

Greece's Left-Wing Prime Minister Takes Charge

Newly sworn-in Greek Prime Minister Alexis Tsipras enters his new offices in Athens on Monday.
Orestis Panagiotou EPA/Landov

Originally published on Mon January 26, 2015 3:31 pm

Alexis Tsipras, who led his left-wing Syriza party to a momentous win in Greece's parliamentary election, was sworn in today amid fears about what his win means for the country's bailout agreements with the European Union.

Reporter Joanna Kakissis in Athens, who is following the story, tells our Newscast unit that Tsipras now leads the first anti-austerity government in Europe. She adds:

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NPR Story
5:04 am
Mon January 26, 2015

Greek Voters Usher Leftist Party Into Office

Originally published on Mon January 26, 2015 8:03 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

The Two-Way
9:39 am
Sun January 25, 2015

Anti-Austerity Leftists Win Greek Election

Alexis Tsipras, center, leader of Greece's Syriza left-wing main opposition waves to his supporters after voting at a polling station in Athens on Sunday.
Petros Giannakouris AP

Originally published on Mon January 26, 2015 8:12 am

Updated at 10:30 p.m. ET

Greece's radical left Syriza party has become the first anti-austerity party to win elections in Europe, throwing into doubt whether the troubled country stays the course on an international austerity plan.

The party fell just short of an absolute majority, NPR's Joanna Kakissis reports for our newscast unit, and will have to work with another party to govern.

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Europe
11:32 am
Sat January 24, 2015

Foe Of 'Fiscal Waterboarding' Leads Going Into Greek Election

The leader of Greece's left-wing Syriza party Alexis Tsipras casts his ballot in Athens on Sunday. His anti-austerity party was ahead in earlier polling.
Aris Messinis Getty Images

Originally published on Sun January 25, 2015 4:58 am

Years of austerity have worn down Greeks, who will choose a new government Sunday. Greek voters are expected to elect the first anti-austerity party in the Eurozone.

Maria Tsitoura, one of those voters, is a lively grandmother in her 70s. Like many retirees in Greece, she shares her small pension with her grown children, whose salaries have dropped by more than half in the last four years.

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News
6:18 pm
Fri January 23, 2015

Auto Loan Surge Fuels Fears Of Another Subprime Crisis

Auto dealers are extending loans to a growing number of people with weak credit.
Joe Raedle Getty Images

Originally published on Tue February 3, 2015 3:41 pm

The number of Americans buying autos approached a record high last year. It's one more sign of how much the economy is improving.

But there's a big potential downside that's evoking comparisons to the subprime mortgage boom. Auto dealers are extending loans to a growing number of people with weak credit, and more of them are having trouble making payments.

When Chris Westervelt moved from Texas to Alaska to take a job, he decided to trade in his Mazda for a car that could handle snow and ice.

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Europe
5:13 pm
Thu January 22, 2015

European Central Bank To Try Its Hand At Quantitative Easing

Originally published on Thu January 22, 2015 6:28 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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ROBERT SIEGEL, HOST:

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Planet Money
3:35 pm
Thu January 22, 2015

How Much More (Or Less) Would You Make If We Rolled Back Inequality?

Quoctrung Bui/NPR

Originally published on Thu January 22, 2015 4:28 pm

What would incomes look like for U.S. families today if the income distribution were the same as it was in 1979?

Larry Summers recently made this really intriguing calculation in the FT.

His conclusions:

  • Families in the bottom 80 percent of the income distribution would be making $11,000 more per year, on average, than they're earning today.
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Economy
12:10 pm
Thu January 22, 2015

European Central Bank Launches Stimulus Plan

Originally published on Thu January 22, 2015 1:08 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Politics
5:02 am
Thu January 22, 2015

Conservatives Disagree With Obama's Social Spending Proposals

Originally published on Thu January 22, 2015 12:06 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

RENEE MONTAGNE, HOST:

And here's one short analysis of Obama's State of the Union speech; he gave Congress a list of ideas that will never pass. The president spoke up for his priorities. Republicans in Congress have theirs. He spoke of middle-class economics.

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Politics
5:00 am
Thu January 22, 2015

Obama Defends His Aggressive Agenda In Boise, Idaho

Originally published on Thu January 22, 2015 4:00 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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DAVID GREENE, HOST:

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Back At Base
4:59 am
Thu January 22, 2015

At The Monterey Presidio, City And Army Partner To Reduce Costs

An aerial view from March, 2014, shows the Presidio of Monterey located in Monterey, Calif. The Army base, which is home to the Defense Language Institute, has partnered with the city in an effort to curb costs.
Natela A. Cutter U.S. Army via Flickr

Originally published on Thu January 22, 2015 12:06 pm

NPR — along with seven public radio stations around the country — is chronicling the lives of America's troops where they live. We're calling the project "Back at Base."

At a time when the Department of Defense budget is under pressure, some military bases are re-examining how they operate to find ways to save.

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Business
3:34 am
Thu January 22, 2015

Senator 'Astounded' That Nonprofit Hospitals Sue Poorest Patients

Heartland Regional Medical Center in St. Joseph, Mo., is changing its name to Mosaic Life Care. It was the focus of an NPR and ProPublica investigation into its billing practices.
Steve Hebert for ProPublica

Originally published on Thu January 22, 2015 2:11 pm

NPR and ProPublica have been reporting about nonprofit hospitals that seize the wages of lower-income and working-class patients. Now, Sen. Chuck Grassley, the chairman of the Senate Judiciary Committee, says hospitals could be breaking the law by suing these patients and docking their pay. And he wants some answers.

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Economy
5:11 pm
Wed January 21, 2015

At Davos, U.S. Economic Recovery Widely Lauded

Originally published on Wed January 21, 2015 7:00 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Economy
5:11 pm
Wed January 21, 2015

Middle Class Economics Dominate Obama's State Of The Union

Originally published on Wed January 21, 2015 8:00 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Planet Money
5:11 pm
Wed January 21, 2015

Tired Of Paying For Checked Baggage? You're Actually Getting A Good Deal

Originally published on Thu February 19, 2015 7:36 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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AUDIE CORNISH, HOST:

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Law
5:11 pm
Wed January 21, 2015

Standard & Poor's Settles In SEC Ratings Fraud Case

Originally published on Wed January 21, 2015 7:00 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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