Economy & Business

Shots - Health News
9:19 am
Fri August 9, 2013

'Aetna, I'm Glad I Met Ya!' — On Twitter

Evidently, an old insurer can learn new tricks.
Bob Child AP

Originally published on Fri August 9, 2013 11:12 am

A few weeks back, Sharon Roberts, who had been diagnosed with endometrial cancer last year, tweeted:

@teachdance11: the BRCA gene test is 2 parts. Aetna paid $300 part. Not the $7000 part. Gotta be rich to be in the know

The 55-year-old teacher in Houston was surprised when @aetnahelp, a Twitter account created for customer assistance by the insurance company Aetna, quickly responded.

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All Tech Considered
7:52 am
Fri August 9, 2013

The Sheryl Sandberg Effect: Rise Of Female COOs

Facebook CEO Mark Zuckerberg and Facebook COO Sheryl Sandberg, in 2008.
Dan Farber via Flickr

Originally published on Fri August 9, 2013 12:34 pm

As part of our reboot of All Tech Considered, we've been inviting contributors to blog about big-picture questions facing tech and society. One theme we're exploring is the lack of women and people of color in tech — a gap so glaring that ridiculously long lines at tech conferences have inspired photo essays and Twitter feeds.

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Business
5:25 am
Fri August 9, 2013

Powerball Winners Are Beginning To Come Forward

Originally published on Fri August 9, 2013 11:06 am

Transcript

DAVID GREENE, HOST:

And today's last word in business is jackpot.

Wednesday's $448 million Powerball drawing had three winning tickets. One is held by a project engineer in Minnesota. And this morning we're hearing some county garage workers in New Jersey have a lot to celebrate.

LINDA WERTHEIMER, HOST:

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Business
5:22 am
Fri August 9, 2013

Britain's Trade Deficit Narrowed In June

Originally published on Fri August 9, 2013 11:06 am

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with good numbers for the U.K.

New data this morning shows Britain's trade deficit narrowed more than expected in June, helped by a healthy rise in exports. Exports hit $67 billion in June. That's a new high for the U.K. The strong performance indicates Britain may finally be emerging from years of stagnation. Transcript provided by NPR, Copyright NPR.

Business
4:55 am
Fri August 9, 2013

FTC Receives Complaints About Learning Apps For Babies

Originally published on Fri August 9, 2013 11:06 am

Transcript

DAVID GREENE, HOST:

Maybe you've seen a busy parent do this - hand over their smart phone to a child with a kid-friendly app running to keep them busy. Well, yesterday an advocacy group complained to the Federal Trade Commission that Fisher Price is deceiving parents by promoting its Laugh & Learn apps as educational.

NPR's Laura Sydell reports.

LAURA SYDELL, BYLINE: Babies are encouraged to learn about shapes and colors on this version of Laugh & Learn apps.

(SOUNDBITE OF LAUGH & LEARN APP)

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Digital Life
4:22 am
Fri August 9, 2013

New Digital Amber Alerts Could Create A Backlash

Amber Alerts were issued as cellphone text messages in California this week.
NPR

Originally published on Fri August 9, 2013 12:20 pm

A couple of nights ago I had just closed my book, turned off my light, and was drifting off to sleep when my cellphone started to shriek. I shot awake and groped for the phone. My sleep-befuddled brain was greeted with this message: "Boulevard, CA Amber Alert update." Then there was a license plate number, and a make and model of the car.

Groggily, I Google this town — Boulevard, Calif. — and discovered it was 541 miles away from my house. That's more than the distance between Washington, D.C., and Detroit. I was mystified. Why was I getting this?

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Economy
4:22 am
Fri August 9, 2013

How is The U.S. Economy Doing? Examining Latest Data

Originally published on Fri August 9, 2013 11:06 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION, from NPR News. I'm David Greene.

LINDA WERTHEIMER, HOST:

And I'm Linda Wertheimer.

It was a good week for the economy, at least according to the data. To talk about what the latest numbers tell us about the health of the economy, we reached Ryan Avent. He writes for The Economist magazine.

Good to have you on our program, Ryan.

RYAN AVENT: It's great to be here.

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Planet Money
2:07 am
Fri August 9, 2013

Tourre Juror: 'We Saw Goldman As The Bigger Problem'

Fabrice Tourre, outside the courtroom. "We didn't feel any malice toward him," one of the jurors said.
Richard Drew AP

Originally published on Fri August 9, 2013 11:06 am

Beth Glover was a juror on the trial of former Goldman Sachs trader Fabrice Tourre. When the lawyers were discussing the mortgages tied to the securities at the center of the case, Glover realized that, for all intents and purposes, they were talking about her mortgage.

"When they were looking at the subprime mortgage groupings, I think I would have been in one of those," Glover told me. "I didn't have as great as FICO score at that time."

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Business
2:03 am
Fri August 9, 2013

The Changing Story Of Teens And Cars

To teens today, cars aren't important in the same way they were in American Graffiti, the 1973 film directed by George Lucas.
Lucasfilm/Coppola Co/Universal

Originally published on Mon August 19, 2013 4:29 pm

This is the first of a series of stories produced in collaboration with Youth Radio on the changing car culture in America.

When you're a teenager, there are many things you desperately want to find: friends, fun, a future, freedom.

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Business
4:20 pm
Thu August 8, 2013

Fannie Mae Posts $10 Billion Profit In Second Quarter

Originally published on Thu August 8, 2013 5:56 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

Today, mortgage giant Fannie Mae announced it made a $10 billion profit this past spring. That's a remarkable turnaround considering the government had to bail out Fannie Mae, along with Freddie Mac, when the housing bubble burst five years ago. It's certainly good news for taxpayers. It's also good news for homebuyers who count on the two companies to back most of the country's home loans.

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