Economy & Business

Economy
12:46 pm
Fri December 6, 2013

For Workers, A Week Stuffed With Good News

An auto worker tightens bolts on the wheel of a Focus at a Ford plant in Wayne, Mich. Reports this week showed increases in auto sales and manufacturing jobs.
Mira Oberman AFP/Getty Images

Originally published on Fri December 6, 2013 3:40 pm

Here's something you haven't heard in years: The U.S. economy had a great week.

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Economy & Business
10:56 am
Fri December 6, 2013

Holiday Shopping Crucial for Milwaukee Artisans

Indulgence Chocolatiers sells truffles in both traditional and novel flavors.
Ann-Elise Henzl

Like their big box competitors, many Milwaukee artists and artisans rely on the holiday shopping season for a big revenue boost – some for as much as a 40 percent of their annual sales.

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The Two-Way
10:35 am
Fri December 6, 2013

Paneer Pizza: Domino's Sees India Becoming Second-Largest Market

An employee rides a motorcycle to deliver Domino's pizzas in New Delhi this past May. Domino's Pizza CEO J. Patrick Doyle says India is poised to become the chain's largest market outside the U.S., on the strength of a menu tailored to Indians' tastes.
Anindito Mukherjee Reuters/Landov

Originally published on Fri December 6, 2013 12:40 pm

In recent years, Domino's Pizza has rapidly expanded overseas — helping it open stores at a faster clip than Starbucks or Dunkin' Donuts, according to Forbes. Part of that growth is in India, which company CEO J. Patrick Doyle says is poised to supplant Britain as the chain's largest market outside the U.S.

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All Tech Considered
10:25 am
Fri December 6, 2013

Tech Week That Was: #NPRBlacksInTech, Amazon's Buzz On Drones

Amazon CEO Jeff Bezos' announcement that the company is pursuing drone delivery technology incited equal parts media buzz and fervent skepticism.
AP

Originally published on Fri December 6, 2013 11:36 am

This week, our friends at NPR's Tell Me More turned the spotlight on black leaders in the tech industry — a demographic that's underrepresented in the field, as Gene Demby explored when covering coders of color. The conversation continues on Twitter through Dec. 20, where tech thinkers will live-tweet their days and answer questions about the field.

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The Two-Way
8:29 am
Fri December 6, 2013

Eyes Turn To The Fed As Unemployment Rate Falls To 5-Year Low

Originally published on Fri December 6, 2013 10:41 am

(This post was updated at 10:15 a.m. ET)

The nation's unemployment rate dropped to 7 percent — the lowest mark in five years — and employers added 203,000 jobs to payrolls last month, the Bureau of Labor Statistics reported Friday.

The latest data could build anticipation that the Federal Reserve might taper its stimulus program.

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Business
4:30 am
Fri December 6, 2013

Value In Brazil's State Oil Company Drops

Originally published on Fri December 6, 2013 9:49 am

Transcript

RENEE MONTAGNE, HOST:

And Brazil's state oil company, Petrobras, lost 15 percent of its market value this week - that's some $10 billion. NPR's Lourdes Garcia-Navarro reports from Sao Paulo on why oil analysts predict more trouble ahead for the oil giant.

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Economy
4:28 am
Fri December 6, 2013

November's 7 Percent Jobless Rate Beats Expectations

Originally published on Fri December 6, 2013 9:49 am

The Labor Department on Friday said the nation's unemployment rate fell to 7 percent, a five-year low, as U.S. employers added 203,000 jobs to payrolls in November. In October, the unemployment rate was 7.3 percent.

Business
4:16 am
Fri December 6, 2013

Nelson Mandela Helps Madiba Shirts To Become Popular

Originally published on Fri December 6, 2013 9:49 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: Madiba Shirts.

We've been remembering this morning that many impacts that Nelson Mandela had on the world in politics and race and reconciliation. He died yesterday in South Africa at the age of 95. But we cannot leave without mentioning his impact on fashion.

RENEE MONTAGNE, HOST:

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Economy
6:47 pm
Thu December 5, 2013

Meet The Humble Container That Moves The Global Economy

The container carrying the Planet Money women's T-shirts is loaded onto a ship in Cartagena, Colombia.
Eric Helton for NPR

Originally published on Fri December 6, 2013 1:49 pm

NPR's Planet Money team is manufacturing its own T-shirt. After the women's shirt was assembled in Colombia, they voyaged by container ship to Miami. The container, a big standardized box that moves easily from truck to ship to train, is the unsung hero of the global economy. It was invented in the 1950s and dramatically reduced shipping costs, ushering in a new era vastly different than the world retired stevedores remember.

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Around the Nation
6:47 pm
Thu December 5, 2013

Fast Food Workers Rally Across Country For Better Pay

Workers rallied in 100 cities on Thursday to raise awareness for increasing pressure to raise wages. The push comes as 19 cities and states already raised minimum wages. A report from Berkeley economists finds the low-wage fast food jobs are costing taxpayer billions of dollars in public assistance — everything from food stamps to Medicaid.

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