Economy & Business

Business
4:04 am
Tue December 31, 2013

Commercial Drone Testing Sites Chosen By FAA

Originally published on Tue December 31, 2013 6:44 am

Transcript

RENEE MONTAGNE, HOST:

And if you start hearing a buzzing noise in your community in the next few months, here's a possible reason why. You live in one of the six states chosen yesterday for testing unmanned drone aircrafts. Among the states selected by the Federal Aviation Administration is New York.

Ryan Delaney of member station WRVO in upstate New York reports that the potential for job creation and investment was behind that state's decision to submit a bid.

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The Two-Way
4:58 pm
Mon December 30, 2013

The Other 'F Word': Brewer Responds To Starbucks Over Beer Name

After being told that one of his products infringed on a Starbucks trademark, brewpub owner Jeff Britton wrote the coffee company a check.
Exit 6 Brewery

Originally published on Mon December 30, 2013 6:51 pm

In general, getting a cease-and-desist letter from a big corporation isn't the mark of a good day. But after a brewery owner got a letter from a law firm representing Starbucks, he saw a chance to draw distinctions between the businesses — and to be funny.

The coffee company's bone of contention, Missouri brewer Jeff Britton was told in a Dec. 9 letter, was the use of the name "Frappicino" to describe a stout served at Exit 6 Brewery, a brewpub in a tidy strip mall in Cottleville, northwest of St. Louis.

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All Tech Considered
4:09 pm
Mon December 30, 2013

$0 Profits Couldn't Hold Back This Year's Tech Darlings

Twitter made its debut on the New York Stock Exchange in November. Both the social media giant and the relative newcomer Snapchat are valued in the billions, but neither company has yet turned a profit.
Emmanuel Dunand AFP/Getty Images

Originally published on Mon December 30, 2013 5:30 pm

Zero. That's the total amount of revenue created by Snapchat in 2013. It's the total profit collected by Twitter. And it's roughly how much Apple's stock price has increased between early last December and now.

Which makes you wonder: With all these zeros piling up, how are so many people in Silicon Valley making so much money from technology?

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Business
3:38 pm
Mon December 30, 2013

Looking Ahead At The Next Top Tech IPOs

Every year, research firm CB Insights offers up a report on the fastest growing and most highly valued private companies in technology — basically, the ones most likely to go public. Audie Cornish speaks with Anand Sanwal, CB Insights' CEO, for a look at the top tech IPO's expected in 2014.

Business
3:38 pm
Mon December 30, 2013

Mexican Auto Industry Revs Up For Big Year

Industry officials say they are on course to boost production to as many as 4 million autos annually. That's good news for Mexico but has many in the U.S. worried, especially as Audi gets ready to build a new luxury line plant in Mexico and not in the U.S.

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