Originally published on Mon August 12, 2013 12:37 pm
The city of London has ordered a company to cease tracking the cellphones of pedestrians who pass its recycling bins, which also double as kiosks showing video advertisements. The bins logged data about any Wi-Fi-enabled device that passed within range.
The company, called Renew, recently added the tracking technology to about a dozen of the 100 bins it had installed before London hosted the 2012 Summer Olympics.
Warner Robins, Ga., is a booming community that is entirely dependent on civilian Defense Department employment. The local Air Force Base is massive, but because it's mostly a logistics depot, the bulk of the employees are not service members.
And our last word in business today is: Premium Parking.
A parking spot in London is on the market for $465,000. That buys an outdoor location near Buckingham Palace and a 91-year lease.
DAVID GREENE, HOST:
The price tag is more than two spots sold in Boston this summer off and go for $280,000 apiece. But with London's daily parking go fees running at $60, it's actually a deal actually - at only $14 a day.
NPR's business news starts with more postal problems.
The United States Postal Service posted three quarters of a billion dollars in losses last quarter, making it nearly $4 billion so far this year. These losses come despite major trims to the operating budget in 2013. One immediate impact, it looks unlikely that Postal Service will be able to make a multibillion-dollar payment to a retiree benefits fund at the end of September. Transcript provided by NPR, Copyright NPR.