Economy & Business

Economy
3:21 pm
Tue December 23, 2014

GDP Growth At Highest Level Since 2003

Originally published on Tue December 23, 2014 6:03 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

The Two-Way
12:19 pm
Tue December 23, 2014

'The Interview' To Play In More Than 200 Theaters On Christmas Day

A poster for The Interview. Some theaters now say they will show the comedy, which Sony Pictures had pulled following threats.
Jim Ruymen UPI /Landov

Originally published on Wed December 24, 2014 7:32 am

Updated at 8:20 p.m. ET

More than 200 theaters will now show The Interview on Christmas Day, a spokesperson for Sony Pictures tells NPR.

Sony had pulled the controversial comedy that centers on a plot to assassinate North Korean leader Kim Jong Un after ominous threats were made, allegedly by a group that hacked the studio's emails. The nation's largest theater chains had also said they won't show the movie starring Seth Rogen and James Franco.

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The Salt
10:17 am
Tue December 23, 2014

Farm Fresh? Natural? Eggs Not Always What They're Cracked Up To Be

Cage-free eggs for sale in 2008 in Knoxville, Tenn.
Joel Kramer/Flickr

Originally published on Tue December 23, 2014 2:49 pm

You're in the supermarket gathering ingredients for eggnog and a Christmas Bundt cake, and you're staring at a wall of egg cartons. They're plastered with terms that all sound pretty wonderful: All-Natural, Cage-Free, Free-Range, Farm Fresh, Organic, No Hormones, Omega-3. And so on.

And yet the longer you stare at them, the more confused you become. You are tired and hungry, so you just grab the cheapest one — or the one with the most adorable chicken illustration — and head for the checkout line.

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The Two-Way
9:18 am
Tue December 23, 2014

Keurig Recalls 7 Million Coffee Machines Following Reports Of Burns

Keurig is recalling 7 million Mini Plus Brewing Systems, with the model number K10 (previously identified as B31).
Brian Snyder Reuters /Landov

Originally published on Tue December 23, 2014 11:50 am

Keurig, the company that makes the popular single-serve coffee machines, is recalling 7 million Mini Plus Brewing Systems, with the model number K10 (previously identified as B31), the federal Consumer Product Safety Commission announced today.

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The Two-Way
8:21 am
Tue December 23, 2014

U.S. Economy Grew At A 5 Percent Rate; Dow Surpasses 18,000

Originally published on Tue December 23, 2014 1:55 pm

The U.S. economy grew at a surprisingly fast 5 percent annual rate in the third quarter of 2014, up sharply from the 3.9 percent of the last revision. The figure blew past the consensus estimate of 4.3 percent put forth by economists surveyed by Bloomberg News.

It's the fastest the U.S. economy has grown in one quarter in more than a decade: The GDP grew at a 6.9 percent pace in the third quarter of 2003.

Update at 10:30 a.m. ET: Dow Tops 18,000 For First Time

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Europe
5:11 am
Tue December 23, 2014

We Go Underground To Tour London's Crossrail Project

Originally published on Tue December 23, 2014 6:28 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

DAVID GREENE, HOST:

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Business
4:05 am
Tue December 23, 2014

A Year Later, Delivery Services Up Their Holiday Game

Originally published on Tue December 23, 2014 4:12 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

DAVID GREENE, HOST:

Well, here's an idea for a lampooning December movie - it's the holidays and shipping companies can't get their act together. They disappoint millions of customers because they can't deliver gifts on time.

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All Tech Considered
4:05 am
Tue December 23, 2014

Is Sony Hack Really 'The Worst' In U.S. History, As CEO Claims?

Sony Pictures CEO Michael Lynton says the computer hacking against his company is "the worst cyberattack in U.S. history." Experts say other attacks have affected more people.
David McNew Reuters/Landov

Originally published on Tue December 23, 2014 5:54 pm

The CEO of Sony Pictures has been saying that the cyberattack against his company is "the worst cyberattack in U.S. history." And you can see where he's coming from. An entire feature film got canned — at least for now. And his corporate networks were so damaged, Sony workers had to revert to using fax machines to communicate. That said, "the worst" is a big claim.

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All Tech Considered
4:50 pm
Mon December 22, 2014

What You Need To Know About Subprime Lending For Smartphones

Startup Better Finance is offering lease-to-own programs for high-end smartphones. But some customers say that retail stores, such as MetroPCS, aren't always clear about the lease terms up front.
Larry W. Smith EPA/Landov

Originally published on Fri December 26, 2014 1:13 pm

If you visit a local strip mall or downtown shopping street, it's not hard to find a store where customers can lease-to-own. That is, you can pay over time and eventually, after some chunky fees, a flat screen TV or living room set is yours.

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Business
7:43 am
Mon December 22, 2014

The 5 Business Stories That Made 2014 A Memorable Year

James Franco (left) and Seth Rogen, stars of The Interview, arrive for the film's Los Angeles premiere on Dec. 11. The comedy about a CIA plot to assassinate North Korean leader Kim Jong Un was pulled from theaters after a cyberattack on Sony Pictures, the studio behind the film. The FBI said the attack was traced to the North Korean government.
Jim Ruymen UPI/Landov

Originally published on Mon December 22, 2014 7:47 am

As the year's end approaches, economists are looking back and assessing the news stories that shaped 2014.

Though their lists may vary, most analysts are pointing to five developments that had very big impacts on the U.S. economy. These were the biggies for 2014:

Oil Prices Plunge

No one saw this one coming. When 2014 began, a barrel of crude oil was selling for about $110. It hovered there until late spring, when the price ticked up to nearly $115.

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