Economy & Business

TED Radio Hour
8:20 am
Fri November 15, 2013

What Are The Lives of Chinese Factory Workers Really Like?

James Duncan Davidson TED

Originally published on Thu December 26, 2013 2:06 pm

Part 4 of the TED Radio Hour episode Misconceptions.

About Leslie T. Chang's TEDTalk

Behind all our material goods, from iPhones to sneakers, is a narrative of exploited Chinese workers with bleak lives. Reporter Leslie T. Chang says that's a disrespectful narrative. She sought out workers in a Chinese megacity and tells their stories.

About Leslie T. Chang

Read more
The Two-Way
8:11 am
Fri November 15, 2013

China Unveils Major Economic Changes

An investor is seen at a brokerage house in Shanghai, China, on Aug. 16.
Ding Ting Xinhua /Landov

Originally published on Fri November 15, 2013 10:32 am

We told you this morning about changes announced in China regarding the country's one-child policy, as well as an announcement that it was ending its system of labor camps. But those aren't the only policy shifts by the Communist Party.

China also said Friday that it would loosen restrictions on foreign investment in e-commerce and other businesses, and allow private competition in state-dominated sectors.

Read more
The Two-Way
6:48 am
Fri November 15, 2013

Book News: Google's Book-Scanning Program Is Ruled 'Fair Use'

Originally published on Fri November 15, 2013 7:43 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

Read more
Business
3:50 am
Fri November 15, 2013

Lockheed Martin To Close Plants, Lay Off Workers

Originally published on Fri November 15, 2013 5:05 pm

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

NPR's business news starts with layoffs at Lockheed Martin.

As the federal budget goes, so go defense contractors. Lockheed Martin says it's forced to reduce costs as federal defense spending declines. The nation's largest military contractor announced plans yesterday to eliminate 4,000 jobs over the next year and a half. Lockheed Martin also plans to close plants in several states, including California, Pennsylvania and Ohio.

Business
3:50 am
Fri November 15, 2013

JPMorgan's Twitter Campaign Backfires Against Bank

Originally published on Fri November 15, 2013 9:49 am

Transcript

RENEE MONTAGNE, HOST:

Our today's last word in business today goes to the people who got the last word on Twitter. JPMorgan tried a Twitter public relations stunt. It announced that the company's vice chairman, Jimmy Lee, would take over the company's Twitter account. In other words, he could field questions from the masses.

Read more

Pages