Economy & Business

The Two-Way
4:37 pm
Mon September 23, 2013

Costa Concordia Captain Blames Crash On Helmsman

Originally published on Mon September 23, 2013 5:46 pm

The captain of the Costa Concordia says the helmsman of the ill-fated cruise liner failed to properly execute a last-minute corrective maneuver that could have kept the massive vessel off a rocky shoal near the coast of Tuscany.

Capt. Francesco Schettino, who is charged with manslaughter in the deaths of 32 people aboard the ship, which ran aground on Jan. 13, 2012, is also accused of abandoning the liner's 4,200 passengers and crew on the night of the wreck.

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The Two-Way
4:34 pm
Mon September 23, 2013

Online Review-Rigging Firms To Pay Fines In Yogurt Shop Sting

A sting operation involving a Brooklyn yogurt shop was part of an investigation by New York's attorney general that found companies had flooded ratings websites with fake consumer reviews.
iStockphoto.com

Originally published on Mon September 23, 2013 6:50 pm

The practice of writing fake online reviews has landed 19 companies in hot water in New York, where the attorney general announced penalties Monday over what he says are attempts to manipulate consumers.

Attorney General Eric T. Schneiderman says the companies will pay more than $350,000 in fines after an investigation found that firms "had flooded the Internet with fake consumer reviews on websites such as Yelp, Google Local, and CitySearch," according to a press release from his office.

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Business
4:13 pm
Mon September 23, 2013

New Rules Allow Companies To Advertise For Dollars

Originally published on Mon September 23, 2013 7:38 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

Someday soon you'll see a new kind of advertising on TV and the Internet. A federal law went into effect today allowing private companies to solicit investors for the first time. The new rules are supposed to make it easier for startup companies to raise money. But NPR's Jim Zarroli reports they could also generate more fraud.

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Business
4:12 pm
Mon September 23, 2013

BlackBerry Agrees To Sell Itself For $4.7 Billion

Originally published on Mon September 23, 2013 7:38 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

ROBERT SIEGEL, HOST:

I'm Robert Siegel, and it's time now for All Tech Considered.

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Economy & Business
1:27 pm
Mon September 23, 2013

Wisconsin will Require Unemployment Claimants to Register with Job Service

Starting Oct. 13, Wisconsin workers filing for unemployment compensation will have two weeks to register with the state's online jobs board.

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Economy & Business
12:26 pm
Mon September 23, 2013

Statewide Home Sales and Prices Up Again in August

Home sales statewide delivered another strong showing last month, besting year earlier figures by 13.7 percent.

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The Two-Way
12:16 pm
Mon September 23, 2013

Apple Sells 9 Million New iPhones In Opening Weekend

Apple says it has sold 9 million iPhone 5s and 5c models since their launch on Friday. Here, staff members at an Apple retail store in Beijing cheer a customer after he bought a new iPhone.
Andy Wong AP

Originally published on Mon September 23, 2013 2:29 pm

Sales of its new iPhone 5s and 5c models have surpassed other iPhone releases and exceeded initial supply, Apple says. The company says it has sold 9 million of the phones since their launch on Friday and that "many online orders" will ship in coming weeks.

"This is our best iPhone launch yet — more than nine million new iPhones sold — a new record for first weekend sales," Apple CEO Tim Cook said in a Monday press release. He added that "while we've sold out of our initial supply of iPhone 5s, stores continue to receive new iPhone shipments regularly."

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Politics
11:00 am
Mon September 23, 2013

Is A Government Shutdown Good For Anyone?

Originally published on Mon September 23, 2013 11:49 am

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Later, we'll hear one side of the debate over tech in the classroom. We'll hear from the former chancellor of New York City schools about why he's become a big believer and investor in bringing tablet computers to the classroom. That's ahead.

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The Two-Way
10:05 am
Mon September 23, 2013

$3.9 Billion U.S. Defense Contract Includes Missiles For UAE

A photo provided by Lockheed Martin shows a test of its THAAD missile interceptor system. The Pentagon has awarded a contract worth more than $3.9 billion for the system.
Lockheed Martin

Originally published on Mon September 23, 2013 2:11 pm

The U.S. Defense Department has awarded a rich military contract to Lockheed Martin, agreeing to pay more than $3.9 billion for a missile-defense system. The deal calls for a maximum of 110 high-altitude interceptor missiles for the United States, and 192 versions of the missiles for export to the United Arab Emirates.

Update at 2:30 p.m. ET: Number Of Missiles Adjusted

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The Two-Way
9:19 am
Mon September 23, 2013

U.N.: Child Labor Is Down, But 168 Million Children Still Work

Near Islamabad, Pakistan, 6-year-old Jabro Mounir was arranging bricks this summer — part of his daily work at a brick-making facility. He earns a little less than $2 per day.
Muhammed Muheisen AP

Originally published on Mon September 23, 2013 9:59 am

The trend is good:

"The global number of child laborers has declined by one third since 2000."

But:

That still means there are an estimated 168 million child laborers around the world, and more than half "are involved in hazardous work" involving such things as dangerous machinery and harmful chemicals.

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