Economy & Business

Politics
11:08 am
Fri July 26, 2013

Should Congress Stop 'Drawing Lines In The Sand'?

Guest host Celeste Headlee gets a wrap of the week's political news with journalist Callie Crossley and conservative commentator Lenny McAllister. They talk about President Obama's push to get the economy back on track, and the battle over the President's health care law.

Race
11:08 am
Fri July 26, 2013

What's On The National Urban League's Agenda This Year?

Jobs are the focus of this year's National Urban League Conference in Philadelphia. Guest host Celeste Headlee speaks with President and CEO Marc Morial, about how the League has progressed on that front, and asks about the biggest issues facing African-Americans today.

All Tech Considered
10:17 am
Fri July 26, 2013

Tech Week That Was: Facebook Triumphs, Chromecast Launches

Marcio Jose Sanchez AP

Originally published on Fri July 26, 2013 12:29 pm

Each Friday we round up the big conversations in tech and culture during the week that was. We also revisit the work that appeared on this blog, and highlight what we're reading from our fellow technology writers and observers at other organizations.

ICYMI

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Economy & Business
9:25 am
Fri July 26, 2013

Ballplayers and Drugs: What Baseball Contracts Don't Say

Ryan Braun will not be back on the playing field for the remainder of this season.

Attorney Matt Mitten says Major League Baseball may seek some changes in its basic agreement with the players during the next set of negotiations with the players' union.

Some words that are omitted from major league baseball contracts offer up a seeming contradiction.

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Business
4:55 am
Fri July 26, 2013

Toyota Keeps The Top Spot In Sales

Originally published on Fri July 26, 2013 6:33 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with Toyota holding onto the trophy.

(SOUNDBITE OF MUSIC)

GREENE: Toyota remains the world's top-selling automaker. Numbers out today show the Japanese company sold 4.9 million cars and trucks in the first half of the year, beating out its rival General Motors. Transcript provided by NPR, Copyright NPR.

Business
4:21 am
Fri July 26, 2013

Prosecutors Say SAC Encouraged Insider Trading

Originally published on Fri July 26, 2013 6:33 am

Transcript

DAVID GREENE, HOST:

And the Justice Department took an unusual step yesterday when it indicted a firm for securities fraud. Officials say the hedge fund company SAC Capital and its founder Steven Cohen routinely tolerated and encouraged illegal activity by employees. SAC is denying charges that it engaged in massive insider trading over the years.

NPR's Jim Zarroli has the story.

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NPR Story
3:52 am
Fri July 26, 2013

Fears Of Bust Tinge Energy Boom In Denver

Originally published on Fri July 26, 2013 6:33 am

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm David Greene. Companies that are booming often want prestigious spaces, and this is especially true in the energy industry. The expansion of oil and gas drilling in the United States is having a major impact on the real estate market from Pennsylvania to Texas. It's certainly driving up prices and tightening the market in Denver. From Colorado Public Radio, Ben Markus reports.

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Planet Money
2:32 am
Fri July 26, 2013

What A Falling Gold Price Means For Pawn Shops

Originally published on Fri July 26, 2013 10:45 am

William Roman wants to borrow money, but his bank won't lend him any more. So he's turning to his local pawn shop.

For Roman, a loan from the pawn shop is a lot easier to get. He doesn't have to fill out an application. The people at the pawn shop don't check his credit — all they want is something valuable, something they call sell if Roman doesn't pay them back.

"I've pawned laptops, PlayStations," says Roman. "If I'm not using it, then I'll just go and pawn it."

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Parallels
1:57 am
Fri July 26, 2013

Citing Dignity, Greek Workers Take Over Factory

Makis Anagnostou, a worker and union leader, bottles lavender-scented fabric softener at VIO.ME, a former tile materials factory that went bust and has been revived by its staff as a collective making environmentally-friendly detergent.
Joanna Kakissis/NPR

Originally published on Fri July 26, 2013 6:33 am

The financial crisis in Greece has devastated the country's manufacturing sector, which has lost more than 30 percent of its jobs in the past three years. But at one factory in an industrial center in the north, workers have taken matters into their own hands.

Inside the cavernous factory on the outskirts of Thessaloniki, eight middle-aged men are filling bottles with a vinegar-based fabric softener that's scented with fresh lavender.

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Business
5:01 pm
Thu July 25, 2013

U.S. Carmakers Are Riding High, But Detroit May Not Feel It

Jeff Caldwell, a chassis assembly line supervisor, checks a vehicle on the assembly line at the Chrysler Jefferson North Assembly plant in Detroit on May 8.
Paul Sancya AP

Originally published on Thu July 25, 2013 6:19 pm

The news out of Detroit has been grim of late, but there are some bright spots coming from one corner of the Motor City. On Thursday, General Motors posted its 14th straight profitable quarter since emerging from bankruptcy. Ford announced its 16th consecutive profitable quarter Wednesday, and Chrysler is expected to offer good news soon as well.

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