Economy & Business

Business
4:12 am
Thu September 12, 2013

Calif. City Proposes Unique Plan To Avoid Foreclosures

Originally published on Thu September 12, 2013 5:09 am

A federal judge in San Francisco on Thursday hears arguments over a radical plan to stem the foreclosure crisis. The City of Richmond is proposing to buy underwater mortgages in order to help keep local residents in their homes. If banks don't want to sell those mortgages, the city says it is prepared to invoke eminent domain to seize the mortgages.

Business
4:12 am
Thu September 12, 2013

Mexico's Tax Overhaul Has Middle Class Crying Foul

Originally published on Thu September 12, 2013 4:26 am

Mexico's president has unveiled a major shakeup of the country's tax system. His administration says it's aimed at capturing more of Mexico's paltry tax collection. Critics say it's unfairly targeting the middle class. Among the items slated for taxing: dog food and private school tuition.

Business
2:46 am
Thu September 12, 2013

5 Years After Financial Crisis, Are Big Banks Still A Threat?

The headquarters of Lehman Brothers in Times Square in 2008, the year the financial services firm filed for bankruptcy.
Hiroko Masuike Getty Images

Originally published on Thu September 12, 2013 10:30 am

It's been five years since Lehman Brothers collapsed and touched off a banking crisis that is still being felt by the global economy. Today, the banking industry is a lot stronger than it was, but some critics say efforts to reform banking regulations have fallen short of their potential.

Read more
Media
12:36 am
Thu September 12, 2013

Tina Brown To Leave The Daily Beast

The Daily Beast editor-in-chief Tina Brown plans to leave the website to produce live forums on news topics.
Nicholas Kamm AFP/Getty Images

Originally published on Thu September 12, 2013 8:41 am

Celebrity editor Tina Brown announced Wednesday that she's leaving The Daily Beast to launch her own media company. She has been a regular guest on Morning Edition. Brown, 59, plans to produce live forums on news topics.

Brown has edited some of the most prestigious publications: Vanity Fair, The New Yorker and Tattler. Five years ago, she helped found The Daily Beast — a news and opinion website. Now, the editor-in-chief says she's leaving to do what she calls "theatrical journalism" before live audiences.

Read more
The Salt
4:44 pm
Wed September 11, 2013

Pets Or Livestock? A Moral Divide Over Horse Slaughter

Jamesport has the largest Amish community in Missouri, and horse-pulled buggies are often parked alongside cars. Horse owners in the state are divided over whether to allow horses to be killed for meat in the U.S.
Frank Morris for NPR

Originally published on Wed September 11, 2013 6:30 pm

Few Americans eat horse meat, and many don't like the idea of slaughtering horses. But a handful of investors are struggling to restart the horse-slaughter industry in the U.S.

Thousands of American horses are already slaughtered in Mexico and Canada each year for their meat, which gets shipped to European and Asian markets.

Read more
All Tech Considered
4:41 pm
Wed September 11, 2013

Coming Soon: A Jolt Of Caffeine You Can Spray On Your Skin

Sprayable Energy will be on sale in November, says its creator, Ben Yu.
Courtesy of Sprayable Energy

Originally published on Wed September 11, 2013 5:16 pm

In our "Weekly Innovation" blog series, we explore an interesting idea, design or product that you may not have heard of yet. Do you have an innovation to share? Use this quick form.

Read more
All Tech Considered
4:00 pm
Wed September 11, 2013

Sexism In The Tech Industry Takes Center Stage

TechCrunch's Disrupt 2012 conference in San Francisco. This year, two hackathon presentations ignited a firestorm.
Max Morse Getty Images

Originally published on Wed September 11, 2013 4:59 pm

For women struggling to make inroads in the male-dominated tech industry, a few stunning situations this week have provided some extreme examples of what they're up against.

Read more
Economy
3:39 pm
Wed September 11, 2013

Five Years Later, Lehman Brothers Fall Still Stings

Originally published on Wed September 11, 2013 4:59 pm

Sept. 15 is the anniversary of collapse of Lehman Brothers, which many see as a watershed moment in the financial crisis. We look back at a time when fear and uncertainty gripped financial markets and policymakers around the world and drove the world economy into the Great Recession.

Business
3:39 pm
Wed September 11, 2013

Verizon Makes Blockbuster Bond Sale To Buy Vodafone

Originally published on Wed September 11, 2013 4:59 pm

Transcript

AUDIE CORNISH, HOST:

Wall Street is buzzing about Verizon today. The telecommunications giant carried out the biggest sale in the history of the bond market, $49 billion worth of corporate bonds. Verizon will use the money to finance its recent mega deal with Vodafone.

As NPR's Jim Zarroli reports, the sale comes at a time when interest rates are rising. And companies that want to raise money can't afford to lose any time.

Read more
All Tech Considered
1:01 pm
Wed September 11, 2013

Court Decision Means Another Look At Google Street View Case

An employee drives a Google Maps Street View car around Palo Alto, Calif. The U.S. Court of Appeals in San Francisco said Tuesday that Google went far beyond listening to accessible radio communication when it drew information from inside people's homes.
Paul Sakuma AP

Originally published on Wed September 11, 2013 3:20 pm

The U.S. Appeals Court in San Francisco refused Tuesday to dismiss a lawsuit that accuses Google of violating federal wiretapping laws by collecting emails and data about people's Web surfing habits as the company's Street View cars crisscrossed the world.

Millions of people use unencrypted wireless networks in their homes to access the Internet. The lawsuit alleges Google's Street View cars were listening in to those digital conversations and making recordings of the traffic in violation of federal law.

Read more

Pages