Economy & Business

Business
12:55 pm
Tue February 4, 2014

Microsoft Announces Nadella As CEO, New Role For Gates

Originally published on Thu February 6, 2014 7:31 am

After a long and closely watched CEO search, Microsoft has tapped Satya Nadella, an insider and 22-year veteran of the company. Microsoft co-founder Bill Gates is stepping down as chairman and will help Nadella shape technology and product development.

The Two-Way
11:14 am
Tue February 4, 2014

U.S. Borrowing Is Less Of An Economic Worry, At Least For Now

Stock investors looking for a reason to feel optimistic about the economy may have found one this morning.

A new report shows the federal budget deficit has done some mad shrinking in recent years. Thanks to spending cuts, tax hikes and a stronger economy, the deficit in this fiscal year will be only $514 billion, the nonpartisan Congressional Budget Office said Tuesday.

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Money Coach
10:56 am
Tue February 4, 2014

MyRA and IRA: Understanding Options For Your Retirement Savings

Originally published on Tue February 4, 2014 1:21 pm

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Now it's time for matters of personal finance. It's been a week since President Obama's State of the Union address. And you might remember him talking about the country's retirement crisis and his plan for something called up MyRAs to help people jumpstart their savings, especially if they don't work for a company with a retirement account.

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Business
3:59 am
Tue February 4, 2014

'Harsh Winter' Hurts Auto Sales

Originally published on Thu February 6, 2014 7:12 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news begins with an icy slide for automakers.

(SOUNDBITE OF MUSIC)

MONTAGNE: January sales were down for some of the largest car companies. General Motors, Ford and Toyota reported yesterday a sharp decline in last month's sales compared to the previous year.

Automakers cite a harsh winter with record snowfalls and rock-bottom temperatures, saying it kept many from visiting their dealership. Transcript provided by NPR, Copyright NPR.

Business
3:59 am
Tue February 4, 2014

Google Told To Move Mysterious Barge

Originally published on Thu February 6, 2014 7:12 am

Transcript

STEVE INSKEEP, HOST:

And our last word in business is a Google eviction.

It's an update on a story we reported on recently. A mysterious barge docked at an island in the San Francisco Bay. The barge is owned by Google.

RENEE MONTAGNE, HOST:

Construction on the barge over the past several months has drawn the curious to speculate, was it a party barge?

INSKEEP: Or a luxury showroom barge.

MONTAGNE: Maybe a data center barge.

INSKEEP: Or even a wave-generated electrical generator barge.

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Business
3:59 am
Tue February 4, 2014

VW Chattanooga Plant To Vote On UAW Membership

Originally published on Thu February 6, 2014 7:12 am

Transcript

STEVE INSKEEP, HOST:

Next week, workers at a Chattanooga auto plant run by Volkswagen will vote on whether to join the United Auto Workers. This is the first attempt in 13 years to unionize a plant that is not run by one of the big three Detroit automakers.

As Michigan Radio's Tracy Samilton reports, Volkswagen has given the drive its blessing, so outside groups are stepping in to fight the union.

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The Edge
2:44 am
Tue February 4, 2014

Skater Sonja Henie 'Put A Dollar Sign' Behind The Gold

Skater Sonja Henie (right) presents Shirley Temple with a pair of skates.
Anonymous AP

Originally published on Thu February 6, 2014 7:12 am

When you see those graceful figure skaters perform at the Winter Games in Sochi — with their athleticism and their big-money endorsement deals — for better or worse, Sonja Henie paved the way.

Henie was the world's first great figure skater. A huge star in the 1930s and '40s, she was also divisive and controversial.

She grew up in Norway and was a dominant presence on the ice for decades, her grace and lyricism captured in newsreels and later in 11 Hollywood films.

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Politics
2:41 am
Tue February 4, 2014

The Deficit: The Talk Is Big, But The Number Is Shrinking

Originally published on Thu February 6, 2014 7:12 am

The deficit is the nation's annual budget shortfall, the difference between what the government spends in one year and what it takes in. In 2009, '10, '11 and '12, it was huge.

"You look at the president's budget," said House Speaker John Boehner in 2012, "and we've got trillion-dollar deficits for as far as the eye can see."

"We're going to have trillion-dollar deficits for years to come," said former congressman and presidential candidate Ron Paul.

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Parallels
2:03 am
Tue February 4, 2014

Istanbul's Mega-Projects: Bigger Is Better, Or A 'Crazy Canal'?

The pillars for the Yavuz Sultan Selim Bridge, commonly known as the "Third Bridge" rise from the Anatolian and European sides of the Bosphorus, above the fishing harbor of Poyrazkoy. When completed, the bridge will be over two kilometers in length, making it the longest combination railway/highway bridge in the world.
Jodi Hilton for NPR

Originally published on Thu February 6, 2014 7:12 am

Istanbul has long been a city of historical layers and sharp contrasts: ancient monuments share the skyline none too comfortably with modern skyscrapers, and charming cobbled streets run alongside massive highway traffic snarls.

Those contrasts have multiplied under Prime Minister Recep Tayyip Erdogan, and his love of giant building projects hasn't abated after more than a decade in power.

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The Salt
5:14 pm
Mon February 3, 2014

All Hail The Asparagus Queen! How Ag Pageants Lure New Contestants

The 2011 Asparagus Queen, Megan Roskan, and runner-up Christine Merten wave to spectators during an Independence Day parade in Whitehall, Mich. With interests waning in agricultural pageants, organizers are relaxing the requirements to encourage more people to apply.
Courtesy of Phil Squattrito

Originally published on Mon February 3, 2014 6:33 pm

Forget Miss USA and Miss Universe.

Think you've got what it takes to be the Asparagus Queen?

Mainstream beauty pageants still get tons of applicants every year (even after the dip in participation during the 2008 recession). The same can't be said for the rural festival pageant circuits, The Wall Street Journal's Lindsay Gellman tells Audie Cornish on All Things Considered.

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