Economy & Business

Politics
3:46 pm
Wed February 5, 2014

One Day After CBO Report, It's Time To Start Your Spin Cycle

Originally published on Wed February 5, 2014 9:23 pm

On Tuesday, economists with the Congressional Budget Office announced findings that indicated the new health care law may result in hundreds of thousands leaving the workforce. The findings spurred new debate on the merits of the law and its economic impact. NPR's Scott Horsley has more on the reactions to the report.

The Two-Way
3:28 pm
Wed February 5, 2014

U.S. HVAC Firm Reportedly Linked To Target's Data Security Breach

Hackers who broke into Target's computer network and stole customers' financial and personal data used credentials that were stolen from a heating and air conditioning subcontractor in Pennsylvania, according to digital security journalist Brian Krebs.

Read more
Business
2:38 pm
Wed February 5, 2014

Which Way For Stocks? Investors Watch 'Worry Index' For Clues

Traders work on the floor of the New York Stock Exchange on Tuesday afternoon.
Andrew Burton Getty Images

Originally published on Wed February 5, 2014 4:42 pm

Anyone who invests in the stock market knows share prices can go up — and down. That's why they call it a market.

Still, this year, price movements have been fast and furious — shocking investors and prompting many to fear "volatility."

Read more
Shots - Health News
12:13 pm
Wed February 5, 2014

By Dropping Cigarettes, CVS Gives Its Reputation A Boost

A CVS pharmacy in Orlando, Fla., is one of more than 7,600 stores where the company will stop selling tobacco products by October.
John Raoux AP

Originally published on Thu February 13, 2014 5:24 pm

When drugstore chain CVS said Wednesday that it would stop selling tobacco products by October, the company also told investors that the move would probably cost it $2 billion a year in lost sales.

CVS says it has figured out unspecified ways to help make up for the profits from cigarettes and other tobacco products.

Read more
The Salt
8:18 am
Wed February 5, 2014

Electronic Tongues Are The Beer Snobs Of The Future

Personally, we're most looking forward to having robot drinking buddies.
Bongo Entertainment Inc.

Originally published on Thu February 6, 2014 4:01 pm

If beer is the new wine, robots are the new beer snobs. Well, sort of.

Researchers in Barcelona have developed an electronic tongue that really knows the difference between a pilsner and a bock.

For now, it looks less like a slick, futuristic robot and more like a big of clump sensors. It's still a prototype, but its creators say it could some day replace human taste testers.

Read more
The Two-Way
7:53 am
Wed February 5, 2014

Employers Added 175,000 Jobs Last Month, Survey Signals

The scene last November at a jobs fair in New York City.
Andrew Burton Getty Images

Originally published on Wed February 5, 2014 11:00 am

The first of two reports this week about how many jobs were added to U.S. payrolls in January indicates that growth was slow but solid.

The ADP National Employment Report estimates that there were 175,000 more jobs in the private sector last month than in December.

Read more
The Two-Way
6:46 am
Wed February 5, 2014

CVS To Stop Selling Tobacco Products

Soon to be gone: Marlboro cigarettes on display at a CVS store in Pittsburgh last July.
Gene J. Puskar AP

Originally published on Tue February 11, 2014 10:43 am

Saying it is "the right thing for us to do for our customers and our company to help people on their path to better health," the CEO of CVS Caremark announced Wednesday that the company's 7,600 pharmacies will stop selling cigarettes and tobacco products by Oct. 1.

Larry Merlo also said CVS will try to help those who want to quit smoking with a "robust national smoking cessation program" at its locations.

Read more
Business
6:04 am
Wed February 5, 2014

Some Journalists Complain About Sochi's Hotels

Originally published on Wed February 5, 2014 6:19 am

In advance of the opening ceremonies of the Winter Olympics, journalists have been arriving at Sochi area hotels. And they've immediately started complaining on Twitter about shabby or unfinished buildings.

Business
6:04 am
Wed February 5, 2014

RadioShack Plans To Close 500 Stores

Originally published on Wed February 5, 2014 6:19 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with the restructuring of the Shack.

(SOUNDBITE OF MUSIC)

INSKEEP: RadioShack, that is. The company scored big with its Super Bowl commercial - the '80s themed ad that's being called one of the night's best. But that did not help the company's bottom line. RadioShack stock prices plummeted yesterday after news it plans to close 500 stores across the nation.

All Tech Considered
8:56 pm
Tue February 4, 2014

Lawmakers Look To Prevent More Target-Sized Data Breaches

Sen. Patrick Leahy chats with Sen. Mazie Hirono before hearing from retail company executives on Tuesday.
Win McNamee Getty Images

Originally published on Wed February 5, 2014 11:40 am

The sheer size and frequency of the recent credit card data breaches at Target, Neiman Marcus and other companies are prompting lawmakers to consider legislative options to keep sophisticated cyberthefts from happening.

"If anything, we've learned from this major, major breach that we can no longer do nothing," said Sen. Amy Klobuchar, D-Minn. "We have to take action."

Read more

Pages