Economy & Business

News
6:07 am
Sun July 28, 2013

Obama Touts Economic Prescriptions

Originally published on Sun July 28, 2013 11:31 am

Transcript

SUSAN STAMBERG, HOST:

This is WEEKEND EDITION from NPR News. I'm Susan Stamberg, in for Rachel Martin.

President Obama says Washington has lost focus on the economy. The president's been traveling the country with his economic prescriptions - more job creation, better access to education and a stronger middle class.

NPR senior political correspondent Mara Liasson joins us now. Morning to you.

MARA LIASSON, BYLINE: Morning, Susan.

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Economy
3:59 pm
Fri July 26, 2013

Replacing Ben Bernanke Is A Delicate Task

Originally published on Mon July 29, 2013 11:01 am

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel. Change is coming at the Federal Reserve. Chairman Ben Bernanke is expected to step down in January, and then the delicate task of ending the Fed's massive stimulus program will land in his successor's lap. The jockeying for that job has begun.

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Law
3:59 pm
Fri July 26, 2013

After Five Years, Why So Few Charges In Financial Crisis?

Neil Barofsky, special inspector general for the Troubled Asset Relief Program, testifies before Congress about the program in 2010. Barofsky now says of the financial crisis: "The folks responsible for this incredibly painful economic damage that struck our economy have gone free."
Harry Hamburg AP

Originally published on Mon July 29, 2013 11:01 am

In the latest in a string of insider trading cases, federal prosecutors this week indicted SAC Capital, one of the most prominent and profitable hedge funds in the world.

But when it comes to the 2008 financial crisis that sent the economy into a tailspin, criminal prosecutions have been few and far between.

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The Two-Way
3:07 pm
Fri July 26, 2013

Hedge Fund SAC Capital Pleads Not Guilty To Fraud Charges

Preet Bharara, United States Attorney for the Southern District of New York, speaks at a news conference on Thursday about a federal indictment against SAC Capital.
Timothy Clary AFP/Getty Images

Originally published on Fri July 26, 2013 4:04 pm

Hedge fund SAC Capital Advisors has pleaded not guilty to wire and securities fraud, a day after federal prosecutors in New York charged the firm in connection with an alleged insider trading scheme.

Peter Nussbaum, SAC's general counsel, entered the plea on behalf of the firm, one of Wall Street's biggest hedge funds.

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Planet Money
11:49 am
Fri July 26, 2013

Stamps, Jeans, Beer: What Americans Want From North Korea

Can I buy a pair of jeans made in North Korea?
Office of Foreign Assets Control

Originally published on Mon July 29, 2013 11:01 am

U.S. sanctions mean that any citizen or business wanting to buy stuff from North Korea has to send a letter to the U.S. government asking for special permission. A few months back, we submitted a Freedom of Information Act request, asking for those letters.

Our request was granted: We recently received a packet of 18 letters from Americans who wanted to do business with the most isolated nation on the planet. We've posted all of the letters online.

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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.

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.

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.

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