Economy & Business

The Salt
5:03 pm
Wed August 21, 2013

Inside The Beef Industry's Battle Over Growth-Promotion Drugs

Beef cattle stand in a barn on the Larson Farms feedlot in Maple Park, Ill.
Daniel Acker Landov

Originally published on Thu November 21, 2013 3:39 pm

When the drug company Merck Animal Health announced plans to suspend sales of its Zilmax feed additive last week, many observers were shocked.

Yet concern about Zilmax and the class of growth-promotion drugs called beta agonists has been building for some time. In an interesting twist, the decisive pressure on Zilmax did not come from animal welfare groups or government regulators: It emerged from within the beef industry itself, and from academic experts who have long worked as consultants to the industry.

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Technology
4:38 pm
Wed August 21, 2013

Facebook CEO's Internet Crusade Hopes To Bring Billions Online

Originally published on Wed August 21, 2013 5:38 pm

Facebook founder and CEO Mark Zuckerberg has teamed up with other tech giants to pursue the goal of providing Internet service to five billion people in the developing world. The group, called Internet.org, says data can be used more efficiently and participating partners can work cooperatively to make access to the web affordable in emerging economies. Zuckerberg makes the case on his Facebook page for how a global Internet infrastructure can be created. But the document doesn't have tangible commitments from Facebook or other participating companies.

Economy
4:38 pm
Wed August 21, 2013

Study Finds Stagnated, Declining Wages For Low Wage Earners

Originally published on Wed August 21, 2013 5:38 pm

Transcript

MELISSA BLOCK, HOST:

The president's education tour is part of a broader campaign aimed at boosting the fortunes of the middle class. A study out today shows just how widespread the nation's economic pain has been. It finds that over the past decade, wages have been flat or even declined for the bottom 70 percent of American workers. NPR's Jennifer Ludden has that story.

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Parallels
12:47 pm
Wed August 21, 2013

India And Other BRIC Economies Now Facing Headwinds

The Indian rupee has fallen nearly 16 percent against the dollar since May. The drop comes amid a slowdown in the country's economy. India's troubles are mirrored in other emerging economies that drove global growth for the past decade.
Zheng Huansong Xinhua /Landov

Originally published on Wed August 21, 2013 4:21 pm

High food prices, a currency in free fall, battered investors and slowing growth: India is facing a host of problems that have taken away the sheen from an economy that's had a decade of mostly stron

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The Two-Way
12:17 pm
Wed August 21, 2013

Detroit's Stray Dog Epidemic: 50,000 Or More Roam The City

Originally published on Fri August 23, 2013 10:49 am

At first, we didn't believe this new report from Bloomberg News could be true:

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The Salt
11:38 am
Wed August 21, 2013

Forget Cronuts: London's 'Townies' Take On Hybrid-Dessert Craze

American baker Bea Vo, who runs Bea's of Bloomsburg, a string of bakeries in London, came up with this answer to the cronut: the townie, a tartlet-brownie with a gooey center and a crisp outer shell.
Courtesy Bea's of Bloomsburgy Helena Marie Fletcher

Originally published on Wed August 21, 2013 12:45 pm

What's a baker to do when all foodies can talk about, on both sides of the Atlantic, is the cronut craze, a croissant-doughnut that NPR reported on earlier this year? Simple: Come up with an equally addictive hybrid dessert.

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Economy & Business
10:00 am
Wed August 21, 2013

Game Shows Air as WTMJ, Time Warner Feud Enters Lightning Round

WTMJ-TV's offices, circa 2006
Credit mechanikat/Flickr

Lake Effect's Mitch Teich interviews the Business Journal of Milwaukee's Rich Kirchen over the feud between Time Warner Cable and WTMJ 4.

Time Warner Cable subscribers in the Milwaukee area have been missing a key local part of their cable lineup for nearly a month now.

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The Two-Way
9:56 am
Wed August 21, 2013

Sales Of Existing Homes Rose 6.5 Percent In July

A "sale pending" sign in San Anselmo, Calif., earlier this year.
Justin Sullivan Getty Images

Originally published on Wed August 21, 2013 10:22 am

There was a strong increase in sales of existing homes in July, the National Association of Realtors reports, in yet another sign that the important housing sector is back on its feet.

In fact, says The Associated Press, sales approached "a healthy level for the first time since November 2009."

According to the NAR:

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The Two-Way
9:17 am
Wed August 21, 2013

Tech Giants Launch Internet.org, A Global Plan To Widen Access

A new project announced by Facebook seeks to make it more affordable to access the Internet via cellphones around the world. In Africa, 16 percent of the population currently uses the Internet. Here, a man looks for a network signal in Somalia.
Roberto Schmidt AFP/Getty Images

Citing the billions of people worldwide who can't access the Internet, Facebook CEO Mark Zuckerberg and the leaders of other technology firms are launching an ambitious project to narrow the digital divide Wednesday. The plan focuses on widening access via mobile phones.

"There are huge barriers in developing countries to connecting and joining the knowledge economy," Zuckerberg says. "Internet.org brings together a global partnership that will work to overcome these challenges, including making Internet access available to those who cannot currently afford it."

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Business
7:17 am
Wed August 21, 2013

Lowes Reports Earnings On The Heels Of Home Depot

Originally published on Wed August 21, 2013 11:03 am

Home Depot says it has had "one of the best quarters in its recent history." It credits the recovery in the housing market. Main rival Lowes also benefited from the housing recovery, and strong demand for home refurbishings.

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