Economy & Business

The Salt
5:41 pm
Thu September 5, 2013

Was Your Chicken Nugget Made In China? It'll Soon Be Hard To Know

iStockphoto.com

Originally published on Tue September 10, 2013 11:52 am

Here's a bit of news that might make you drop that chicken nugget midbite.

Just before the start of the long holiday weekend last Friday, the U.S. Department of Agriculture quietly announced that it was ending a ban on processed chicken imports from China. The kicker: These products can now be sold in the U.S. without a country-of-origin label.

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All Tech Considered
4:27 pm
Thu September 5, 2013

The Curious Craigslist Market For Empty Phone, Laptop Boxes

Boxes of the new iPhone 5 are displayed at an Apple Store. On Craigslist, used, empty boxes are offered for at least $10.
Justin Sullivan Getty Images

A quick scan of Craigslist reveals a curious market for not just smartphones and computers but the empty packaging of smartphones and computers. On my local Craigslist, a MacBook Pro box — "box only," as the sales pitches read — goes for $19. A MacBook Air box will cost you $15. And a Samsung Galaxy S4 box sells for $10.

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U.S.
4:20 pm
Thu September 5, 2013

BP Wants To Halt Deepwater Horizon Claims Process

Crude oil that leaked from the Deepwater Horizon oil rig sits on the surface of the Gulf of Mexico in April 2010.
Chris Graythen Getty Images

Originally published on Tue September 10, 2013 4:21 pm

BP is fighting the settlement it agreed to last summer that let the oil company avoid thousands of potential lawsuits over the 2010 Gulf of Mexico oil spill.

Just after the spill, when oil was still gushing into the Gulf, BP touted the $20 billion it set aside for claims. But now it says the claim process is corrupt and is hoping a court will overturn the settlement that established the claims fund.

Ending the claims would mean stopping a well-oiled machine.

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The Salt
4:11 pm
Thu September 5, 2013

Japanese Whiskey Teases U.S. Consumers By Playing Hard To Get

Suntory's 30-year-old Hibiki whiskey took home the top award at the International Spirits Challenge in 2003. This unexpected triumph was Japanese whiskey's big coming-out party on the global spirits stage.
Courtesy of Suntory

Originally published on Thu September 5, 2013 6:31 pm

Scotland is the de facto king of whisky. But now an unlikely challenger — Japan — is making a name for its whiskey far beyond its borders. Unfortunately for Americans, this highly coveted Japanese whiskey is very hard to come by.

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The Two-Way
3:53 pm
Thu September 5, 2013

Reports: NSA Has Keys To Most Internet Encryption

The National Security Agency headquarters at Fort Meade, Md.
Saul Loeb Getty Images

Originally published on Thu September 5, 2013 4:12 pm

The National Security Agency has the keys to most Internet encryption methods and it has gotten them by using supercomputers to break them and by enlisting the help of private IT companies, The New York Times and The Guardian are reporting.

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Economy & Business
3:17 pm
Thu September 5, 2013

New Procedure for Unemployment Benefits Goes into Effect Next Month

New claimants for unmployment in Wisconsin will soon have to upload resumes to a new site to receive benefits.
Credit Rkwriting/Wikimedia commons

Lake Effect's Mitch Teich interviews Reggie Newson, the Secretary of the Wisconsin Department of Workforce Development.

The latest data from the Wisconsin Department of Workforce Development shows that about 79,000 people here receive unemployment benefits. 

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The Two-Way
11:11 am
Thu September 5, 2013

IRS To Count Automatic Gratuities As Wages, Not Tips

A waiter serves patrons at Tony's Restaurant, part of the Casablanca Hotel in New York's Times Square. The custom at some restaurants of automatic gratuities for larger parties might change because of an IRS rule change.
Don Emmert AFP/Getty Images

Originally published on Thu September 5, 2013 1:51 pm

Gratuity included? A new IRS rule could end, or at least curtail, the practice.

The Internal Revenue Service will soon begin classifying automatic gratuities as service charges that are taxable as regular wages and subject to payroll tax withholding. Currently, they're considered tips, and it's up to the wait staff to report them as income.

The Wall Street Journal says:

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Planet Money
11:04 am
Thu September 5, 2013

The World Capital Of Counterfeit Dollars

A policeman shows printed sheets of counterfeit bills seized by Peruvian police.
AFP AFP/Getty Images

This just in from the AP:

With its meticulous criminal craftsmen, cheap labor and, by some accounts, less effective law enforcement, Peru has in the past two years overtaken Colombia as the No. 1 source of counterfeit U.S. dollars, says the U.S. Secret Service, protector of the world's most widely traded currency. ...

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The Two-Way
10:29 am
Thu September 5, 2013

Yah-New! Did Yahoo Hit The Mark With Its Logo Change?

Yahoo's new logo.
Yahoo.com

Originally published on Thu September 5, 2013 11:04 am

Compare Yahoo's new logo, introduced Thursday, to what was there before.

According to CEO Marissa Mayer, "we knew we wanted a logo that reflected Yahoo — whimsical, yet sophisticated. Modern and fresh, with a nod to our history. Having a human touch, personal. Proud."

On her Tumblr page, Mayer goes on at length about how:

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The Two-Way
7:43 am
Thu September 5, 2013

Job Growth Cooled A Bit In August, Report Signals

Originally published on Thu September 5, 2013 8:39 am

There were 176,000 more jobs on private employers' payrolls in August than the month before, according to the latest ADP National Employment Report.

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