Economy & Business

Politics
4:33 am
Wed December 4, 2013

Federal Health Insurance Website Features 'Reset' Button

Originally published on Wed December 4, 2013 6:03 am

The Obama administration is renewing its sales push for the president's signature health care law. On Wednesday, officials host a "youth summit" at the White House, where young people will be encouraged to sign up for insurance coverage. Their participation is crucial to help balance out the cost of insuring older, sicker people.

Around the Nation
4:33 am
Wed December 4, 2013

City Workers Fret Over Pensions As Detroit Enters Bankruptcy

Originally published on Wed December 4, 2013 4:38 am

A federal judge has ruled Detroit qualifies for bankruptcy. But the cash-strapped city, laden with roughly $18 billion in long-term debt, faces a long road to regain financial solvency. Unions whose members face pension payment cuts are appealing the ruling, and the ultimate decision about paying the pensions may be made by the U.S. Supreme Court.

Business
4:33 am
Wed December 4, 2013

A Toast To The End Of Prohibition

Originally published on Thu December 5, 2013 3:05 pm

Transcript

RENEE MONTAGNE, HOST:

And our last word in business is: a toast.

We lift a glass to a time when the government passed a popular measure.

STEVE INSKEEP, HOST:

In this case, the 21st Amendment - which was ratified 80 years ago today - ending the prohibition of alcohol as imposed by the 18th constitutional amendment in 1920.

MONTAGNE: Whether or not you partake in holiday cocktails or a winter brew this season, there's no denying alcohol does play a big role in our economy.

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Media
2:04 am
Wed December 4, 2013

OMG, BuzzFeed Is Investing In Serious News Coverage! Is It FTW?

BuzzFeed's content is created by both paid staff members and users of the site.
Matt Haughey Flickr

Originally published on Wed December 4, 2013 7:01 am

Anyone who has hankered for a list of 10 of the most life-affirming dog rescue stories ever can rely on the social media site BuzzFeed.

That list of 11 classic horror films that should never have been remade? That's from BuzzFeed too.

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U.S.
4:01 pm
Tue December 3, 2013

Washington State Growers Roll The Dice On New Pot Licenses

Washington is the second state to adopt rules for the recreational sale of marijuana. Some entrepreneurs see state-licensed pot as a golden ticket, but other growers aren't sure applying for a license makes good business sense.
Ted S. Warren AP

Originally published on Tue December 3, 2013 5:55 pm

Washington residents thinking about jumping into the state's new legal marijuana industry need to act soon. The deadline to apply for a state license to sell recreational pot is Dec. 19, and the applications are flooding in.

Danielle Rosellison, a loan officer in Bellingham, Wash., applied for her pot-growing license on the first day. "It's so cool," she says, laughing. "We have butterflies in our stomach all the time. I feel like they're all shot up on adrenaline."

To Rosellison and her husband, a stay-at-home dad, legal marijuana is an opportunity to change their lives.

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The Salt
11:31 am
Tue December 3, 2013

Your Waiter Is Having A Bad Day. Can You Tell?

Katherine Streeter for NPR

Originally published on Tue December 3, 2013 5:11 pm

Imagine how Robbie Travis felt. He waits tables at Libertine, a high-end restaurant just outside St. Louis, and his ex insisted on coming in just a few days after they'd broken up.

Like everyone else, waiters and waitresses have to show up for work on days they'd rather be anywhere else. But it's especially tough to shrug off a bad mood in a job where people expect you to greet them gladly.

"You have to fake it a little bit," Travis says. "That's what pays the bills."

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The Two-Way
10:49 am
Tue December 3, 2013

Detroit Is Eligible For Bankruptcy Protection, Judge Rules

The Detroit skyline as seen from Windsor, Ontario, across the Detroit River.
Rebecca Cook Reuters/Landov

Originally published on Wed December 4, 2013 5:55 am

The largest municipal bankruptcy in U.S. history took a major step forward Tuesday when a federal judge ruled that the city of Detroit is eligible for protection under Chapter 9 of the U.S. bankruptcy code.

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Business
4:13 am
Tue December 3, 2013

More Employees Agree To Fragmented Hours To Get Work

Originally published on Tue December 3, 2013 5:02 pm

Transcript

RENEE MONTAGNE, HOST:

Close to added close to two million jobs to the workforce this year. Not all of fit the nine to five mold. Much of the newly hired are working fragmented, unpredictable hours. From member station WNYC, Ilya Marritz has this report.

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Business
4:13 am
Tue December 3, 2013

Cost Of '12 Days Of Christmas' Up From 2012

Originally published on Tue December 3, 2013 5:02 pm

Transcript

RENEE MONTAGNE, HOST:

And today's last word in business is: 12 days of Christmas.

According to PNC Wealth Management's Christmas Price Index, the cost of the gifts in that holiday song jumped by 7.7 percent this year...

DAVID GREENE, HOST:

Based on reports from retailers and among others, a National Aviary and the Pennsylvania Ballet.

MONTAGNE: You might think those five golden rings pushed up the prices. But in fact, the price spike was driven by a spike in the cost of lords-a-leaping and ladies dancing.

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Business
4:13 am
Tue December 3, 2013

Examining Flip Side Of A Firm's Social Responsibility Record

Originally published on Tue December 3, 2013 5:02 pm

Transcript

DAVID GREENE, HOST:

Goldman Sachs has given hundreds of millions of dollars to charity in recent years. In part, its effort to do good has been shaped by the battering its reputation took during the financial meltdown in 2008 when Goldman traders were accused of misleading investors.

The efforts of companies to look good in the public eye may seem positive but there is also a disturbing side of doing good work, as NPR's social science correspondent Shankar Vedantam tells our own Steve Inskeep.

STEVE INSKEEP, HOST:

Hi, Shankar.

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