Economy & Business

Around the Nation
8:31 am
Sat January 18, 2014

Donors Pitch In To Protect Detroit's Art And Pensions

Originally published on Sat January 18, 2014 10:35 am

Transcript

LYNN NEARY, HOST:

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NPR Story
7:01 am
Sat January 18, 2014

Ford's New Truck, GM's New CEO Star At Detroit Auto Show

Originally published on Sat January 18, 2014 10:35 am

Transcript

LYNN NEARY, HOST:

The North American International Auto Show opens to the public today. That's the fancy name for the Detroit car show. NPR's Sonari Glinton has been getting a sneak preview in the Motor City, hanging out with engineers and auto execs. And he's with us now. Good to talk with you, Sonari.

SONARI GLINTON, BYLINE: It's good to be here, Lynn.

NEARY: Now, you've spent, I think, four days at the car show. What are the standouts?

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The Two-Way
5:04 pm
Fri January 17, 2014

Supreme Court To Decide If Warrant Needed To Search Cellphone

The U.S. Supreme Court has agreed to decide if police can seize and look through a suspect's cellphone without getting a warrant. This photo shows women in Los Angeles using smartphones on Jan. 7.
Frederic J. Brown AFP/Getty Images

Originally published on Fri January 17, 2014 5:26 pm

The U.S. Supreme Court is delving into the technology-versus-privacy debate, agreeing to hear two cases that test whether police making an arrest may search cellphones without a warrant.

The court's announcement Friday that it would take the cases came just hours after President Obama outlined his proposals to address government retention of citizen phone data as part of his speech outlining reforms at the National Security Agency.

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Economy
4:46 pm
Fri January 17, 2014

In The Long Wait For Aid From Washington, Job Hunters Despair

Originally published on Fri January 17, 2014 5:20 pm

Transcript

AUDIE CORNISH, HOST:

Lawmakers are promising new efforts to restore jobless benefits for long-term unemployed, but it may take a while - 1.4 million people who've been out of work long term saw their benefits disappear three weeks ago. Congress failed to agree on funding to renew them. NPR's Tovia Smith visited with a few people who are without work in Boston.

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The Two-Way
4:15 pm
Fri January 17, 2014

Chemical Company In West Virginia Water Crisis Files For Bankruptcy

Freedom Industries, which has been blamed for a chemical spill that left thousands of people without water, has filed for bankruptcy. The company's facility on Barlow St. is seen here on the banks of the Elk River in Charleston, West Virginia.
Tom Hindman Getty Images

Originally published on Fri January 17, 2014 6:40 pm

Freedom Industries, the West Virginia company that's been blamed for a chemical spill that left around 300,000 people without water for days, has filed for bankruptcy. The chemical used in cleaning coal leaked into the Elk River and into the public water system.

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All Tech Considered
2:53 pm
Fri January 17, 2014

Week That Was: Smart Fridge Hack, Net Neutrality And The NSA

An LG representative shows off a smart refrigerator at the 2014 International Consumer Electronics Show in Las Vegas on Jan. 10.
Robyn Beck AFP/Getty Images

Nothing ends the tech week with a bang like the president's much-anticipated words on the NSA. But let's start with the weekly roundup of tech news from here at NPR and our friends at publications around the country.

ICYMI

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All Tech Considered
12:38 pm
Fri January 17, 2014

Analysts: Credit Card Hacking Goes Much Further Than Target

Hackers use credit card scanning machines as part of their sophisticated campaign to steal credit card information and sell it.
Joe Raedle Getty Images

Originally published on Fri January 17, 2014 3:23 pm

The holiday season data breach at Target that hit more than 70 million consumers was part of a wide and highly skilled international hacking campaign that's "almost certainly" based in Russia. That's according to a report prepared for federal and private investigators by Dallas-based cybersecurity firm iSight Partners.

And the fraudsters are so skilled that sources say at least a handful of other retailers have been compromised.

"The intrusion operators displayed innovation and a high degree of skill," the iSight report says.

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The Two-Way
11:38 am
Fri January 17, 2014

Wells Fargo, Fifth Third, U.S. Bank To End Payday Loan Program

Originally published on Sat January 18, 2014 7:09 am

Wells Fargo & Co., Fifth Third Bank and U.S. Bank said Friday that they will stop offering "deposit advances," a kind of payday loan that had come under fire by federal regulators last year.

With about $1.5 trillion in assets, Wells Fargo was the largest bank offering the costly, low-dollar loans. Regions Bank announced an end to deposit advances earlier this week.

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The Two-Way
6:48 am
Fri January 17, 2014

Obama Expected To Say NSA Should Not Hold 'Metadata'

Nicolas Armer DPA/LANDOV

Originally published on Fri January 17, 2014 8:51 am

President Obama is expected to announce Friday morning that he is "ordering a transition that will significantly change the handling of what is known as the telephone 'metadata' " that the National Security Agency collects, officials are telling Reuters and NPR.

The wire service, which broke the story, writes that:

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Business
6:00 am
Fri January 17, 2014

Colombia Aims To Improve Its Embattled Mining Industry

Originally published on Fri January 17, 2014 12:39 pm

Transcript

STEVE INSKEEP, HOST:

Colombia is a country famous for its exports. It's well known that those exports traditionally include flowers and, also, unfortunately, cocaine. You may not realize Columbia is also the world's fourth largest coal exporter thanks in part to the Drummond Coal Company. The Alabama-based mining firm produces about 25 million tons of coal annually in the South American country.

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