Economy & Business

Economy
3:31 am
Tue October 1, 2013

As Partial Shutdown Begins, A Bigger Fight Looms

Originally published on Tue October 1, 2013 5:35 am

Transcript

STEVE INSKEEP, HOST:

Now, even as a partial shutdown begins, a bigger fight looms. A default on federal debt obligations could have global effects. Federal borrowing authority expires in the middle of this month. House Republicans have said they will not extend the debt ceiling unless President Obama accepts a long list of their agenda items. And that was on the president's mind when we sat by the Oval Office fireplace yesterday.

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Business
3:31 am
Tue October 1, 2013

Ikea To Offer Solar Panels In British Stores

Originally published on Tue October 1, 2013 5:45 am

The Sweden-based company plans to roll out solar panels in 17 British stores over the next 10 months. The company does say the solar panels will look like flat screen televisions on your roof. Basic solar packages will be sold for more than $9,000.

Business
3:31 am
Tue October 1, 2013

Financial Markets Monitor Partial Federal Shutdown

Originally published on Tue October 1, 2013 5:35 am

Financial markets across the world took a hit on Monday. They closed lower — waiting to see if there was a partial government shutdown in the U.S. Shortly before midnight, the White House ordered agencies to begin shutting down.

Business
3:31 am
Tue October 1, 2013

Amazon To Hire More Workers Than Last Holiday Season

Originally published on Tue October 1, 2013 5:41 am

Amazon has announced that it's looking to hire 70,000 full-time temporary employees for the holiday season. That's a 40 percent increase in hires from last year. The world's largest online retailer says it hopes to convert thousands of these seasonal jobs into permanent positions after the holiday rush.

Economy
3:31 am
Tue October 1, 2013

Widening Income Gap 'Concerns' Obama

Originally published on Tue October 1, 2013 5:35 am

Transcript

STEVE INSKEEP, HOST:

In our talk yesterday with President Obama, he said he will not make concessions to Republicans who quote, "threatened to burn down the house." We are hearing parts of the interview throughout today's program.

Amid the latest political crisis, our economy keeps evolving. And so we used part of our conversation in the Oval Office to ask the president about the longer term trends.

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All Tech Considered
5:16 pm
Mon September 30, 2013

FAA May Stop Making You Power Off Those Electronics

An expert FAA advisory committee has recommended that airline passengers be allowed to use most personal electronic devices below 10,000 feet.
Leonardo Patrizi iStockphoto.com

Originally published on Mon September 30, 2013 9:09 pm

It's news many airline passengers have waited to hear: The Federal Aviation Administration may allow smartphones, tablets and other personal electronic devices to be used throughout an entire flight — including takeoff and landing.

Frequent flier Barbara Reilly, a health care consultant from Atlanta, is like many airline passengers: She boards her flights with a laptop, an iPad and a cellphone, and "I used them all ... continuously, until the very moment I had to turn them off. And the second I could turn them back on, they were all back on," she says.

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Economy
3:56 pm
Mon September 30, 2013

What Happens To The Economy If The Government Shuts Down?

Originally published on Mon September 30, 2013 9:09 pm

Transcript

AUDIE CORNISH, HOST:

There's no guarantee that a shutdown, if it happens, will be short. The mere possibility of a longer stalemate was enough to push down markets here and abroad today.

MELISSA BLOCK, HOST:

If there is a shutdown, about 800,000 federal workers will be furloughed, although many will still be required to show up for work.

CORNISH: Social Security checks will still go out and the postal service will still deliver the mail.

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Shots - Health News
1:27 pm
Mon September 30, 2013

How A Tax On Medical Devices United Political Rivals

U.S. House Majority Leader Rep. Eric Cantor (center) and colleagues gather before a Sunday vote on Capitol Hill. The House passed two new provisions to a federal spending bill to delay Obamacare for a year and to repeal the medical device tax.
Alex Wong Getty Images

Originally published on Tue October 1, 2013 4:26 pm

As the federal government lurches toward a shutdown, there's one thing a lot of people in Congress actually agree on.

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The Two-Way
12:28 pm
Mon September 30, 2013

Diesel Rebate Fraud: Truck-Stop Company Says It Is Repaying Millions

Jimmy Haslam, CEO of Pilot Flying J, discusses accusations of rebate fraud, in April. Today, Haslam said that an audit found problems with only a small number of the company's customers' accounts.
Wade Payne AP

Originally published on Mon September 30, 2013 5:20 pm

Months after federal agents raided its Knoxville, Tenn., headquarters over charges that it withheld millions in diesel fuel rebates from customers at its truck stops, Pilot Flying J says it is paying the companies that were cheated.

From Nashville, Blake Farmer of member station WPLN filed this report for our Newscast unit:

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The Two-Way
10:16 am
Mon September 30, 2013

No Assembly Required: Ikea To Sell Solar Panels In U.K.

Workers assemble solar panels at the now-bankrupt Suntech in the eastern Chinese city of Wuxi. Overproduction in the country has helped lower the cost of solar panels.
Peter Parks AFP/Getty Images

Originally published on Mon September 30, 2013 2:44 pm

Ikea Corp., the Swedish housewares giant, says it will begin selling solar panels to its customers in Britain as it aims to tap into a growing market for renewable energy fueled partly by the U.K.'s solar subsidies.

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