Economy & Business

The Two-Way
7:26 am
Fri November 8, 2013

More Jobs Than Expected Added, But Jobless Rate Rose In Oct.

Joe Raedle Getty Images

Originally published on Fri November 8, 2013 9:12 am

  • On 'Morning Edition': NPR's John Ydstie previews the October jobs report

There were 204,000 jobs added to payrolls in October, about 80,000 more than economists expected. But the jobless rate edged up to 7.3 percent from 7.2 percent the month before, the Bureau of Labor Statistics reported Friday.

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Business
3:47 am
Fri November 8, 2013

Neflix To Stream Original Series Based On Marvel Characters

Originally published on Fri November 8, 2013 9:17 am

Transcript

RENEE MONTAGNE, HOST:

It was a wham, boom, pow kind of an announcement from Netflix. They're making four original series based on Marvel Comics.

NPR's Neda Ulaby reports on why Netflix is leaping into the business of capes, masks and superpowers.

NEDA ULABY, BYLINE: Netflix has gotten a reputation for decidedly grown-up original series, "Orange Is The New Black," "House of Cards" and the revival of "Arrested Development."

(SOUNDBITE OF TV SHOW, "ARRESTED DEVELOPMENT")

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Business
3:47 am
Fri November 8, 2013

Job Applicants Find Position Titles Confusing

Originally published on Fri November 8, 2013 9:17 am

Transcript

DAVID GREENE, HOST:

And our last word in business today is: Jobbledygook.

One of the many challenges in finding the right job these days, turns out can be just figuring out what recruiters are actually offering.

RENEE MONTAGNE, HOST:

The website MyJobMatcher compiled the list of the most ridiculous job titles after a number of applicants complained that they didn't understand what the positions entailed.

GREENE: And who can blame people for being confused? A paper boy is now a, quote, "media distribution officer."

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Business
3:47 am
Fri November 8, 2013

Twitter's Value Soars To Nearly $25 Billion

Originally published on Fri November 8, 2013 9:17 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with Twitter's IPO.

(SOUNDBITE OF MUSIC)

MONTAGNE: As we all know, Twitter began trading on the New York Stock Exchange yesterday and that little blue bird soared. By the closing bell, Twitter was worth nearly $25 billion.

DAVID GREENE, HOST:

But this initial public offering really began in the middle of the week with Twitter selling stock at $26 a share to big investors. It went public Thursday and the price almost doubled.

NPR's Steve Henn reports.

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Business
3:47 am
Fri November 8, 2013

Budget Office Examines Cost Of Partial Government Shutdown

Originally published on Fri November 8, 2013 9:17 am

Transcript

DAVID GREENE, HOST:

Twitter may be worth billions of dollars. Let's talk about another number $2 billion. That is how much federal employees were paid not to work during the government shutdown. This is just one of many eye-popping numbers in a new report on the shutdown from the White House Budget Office.

Here's NPR's Tamara Keith.

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