Economy & Business

Business news

Boeing's 787 Dreamliners Take Flight Again

May 21, 2013

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We'll start NPR's business news with Boeing still dreaming.

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Kids Pitch Business Ideas To Warren Buffett

May 21, 2013

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And today's last word in business is: almost millionaires.

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For the ninth year in a row, Wisconsin has counted an increase in the number of public school students eligible for free and reduced-price lunches.

According to the Dept of Public Instruction, 43.2% of students qualify, up from 42.5% a year ago. In raw numbers the total is now 359,000 Wisconsin public school students.

Approximately one-third come from households earning less than $30,000 a year.

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From NPR News, it's ALL THINGS CONSIDERED. I'm Melissa Block.

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Microsoft hasn't exactly had a great couple of years.

Its new Windows 8 operating system was held responsible for the drop in PC sales last quarter. Sales of its Windows Phones lag far behind both the iPhone and Google's Android phones.

The light in the darkness for Microsoft has been the Xbox 360, which has been the top-selling game console for over two years — beating out both the Nintendo Wii and Sony's PlayStation. On Tuesday, Microsoft is expected to announce a new version of the Xbox.

Yahoo's $1.1 billion purchase of Tumblr could be considered a bargain compared with its other big-dollar bets. The company's history is dotted with pricey purchases of once-hot Web properties that had more promise than eventual purpose. A look back:

GeoCities, 1999: $3.7 Billion

William von Schneidau, an intrepid butcher in Seattle, is giving a whole new meaning to "potbelly pig." Lately, he's been feeding marijuana refuse to the pigs he turns into prosciutto for BB Ranch, his butcher shop in the city's famous Pike Place Marke

Poverty, Still Coming To A Suburb Near You

May 20, 2013

When you think about poverty, you might picture dilapidated urban neighborhoods or rural areas. But a new book says the rate of poverty in the suburbs has grown by 64 percent in the past decade, and doesn't show signs of stopping. Host Michel Martin speaks with Elizabeth Kneebone, author of Confronting Suburban Poverty.

Asian-Americans have the highest income and education levels of any racial group in the country. So it might be surprising that they have a higher poverty rate than non-Hispanic whites. Michel Martin discusses the issue with Algernon Austin of the Economic Policy Institute and Rosalind Chou, co-author of The Myth of the Model Minority.

Ask A Banker: Capital, Capital!

May 20, 2013

Hi, it's Ask a Banker! You should send us questions on email or Twitter, but this particular question, though timely, was made up by me, sorry:

Q. Should banks be required to hold much more capital as a safety net? Or should they be putting that money to productive use by lending it out instead?

The news that broke Sunday is now official.

Yahoo confirmed early Monday morning that it is buying Tumblr in a deal worth about $1.1 billion. "Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business," Yahoo added.

In its statement announcing the deal, Yahoo says that:

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NPR's business news starts with a big blogging buyout.

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