Economy & Business

The Two-Way
8:09 am
Thu July 25, 2013

Jobless Claims Rose Last Week; Key Orders Up In June

Originally published on Thu July 25, 2013 9:04 am

There were 343,000 first-time claims filed for unemployment insurance last week, the Employment and Training Administration says. That was up from an estimated 336,000 the week before.

The increase is from what had been a 10-week low. But basically, claims have been ranging between the mid-330,000s and mid-370,000s all year. Like other employment indicators, the jobless claims figures have been signalling that job growth remains modest.

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Economy & Business
7:58 am
Thu July 25, 2013

Second Quarter Sales, Net Income Up for Harley Davidson

The Harley Davidson Museum in Milwaukee will be a popular attraction during the company's upcoming 110th anniversary celebration.

Milwaukee-based  Harley Davidson logged a strong second quarter.

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Business
4:27 am
Thu July 25, 2013

Ex-Goldman Sachs Executive Takes The Stand

Originally published on Thu July 25, 2013 6:58 am

Transcript

DAVID GREENE, HOST:

A former executive at Goldman Sachs will take the stand again in his civil fraud trial this morning. Fabrice Tourre is accused of misleading investors about a security he marketed and sold in the months leading up to the subprime mortgage collapse.

Tourre began testifying yesterday afternoon, and NPR's Jim Zarroli was there. Jim, good morning.

JIM ZARROLI, BYLINE: Good morning.

GREENE: So give us the background, here, if you can. What is Fabrice Tourre accused of, exactly?

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The Two-Way
4:47 pm
Wed July 24, 2013

Why The Latest Gulf Leak Is No BP Disaster

Fire boats battle a fire at the off shore oil rig Deepwater Horizon in April 2010.
U.S. Coast Guard Getty Images

Originally published on Wed July 24, 2013 5:06 pm

Teams of workers are mobilizing in the Gulf of Mexico to try to stem a natural gas leak at an offshore drilling rig that exploded and caught fire Tuesday. The rig off the Louisiana coast has been partially destroyed by the out of control blaze, and firefighting boats are on the scene.

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Business
4:29 pm
Wed July 24, 2013

Full-Time Vs. Part-Time Workers: Restaurants Weigh Obamacare

The California Tortilla chain is one company still deciding how to react to the new health care requirements for business, set to take effect next year.
John Ydstie NPR

Originally published on Wed July 24, 2013 6:21 pm

Many businesses that don't offer health insurance to all their employees breathed a sigh of relief earlier this month when they learned they'd have an extra year to comply with the new health care law or face stiff penalties.

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The Two-Way
12:26 pm
Wed July 24, 2013

U.S. Is 'Through The Worst Of Yesterday's Winds,' Obama Says

President Obama during his address Wednesday at Knox College in Galesburg, Ill.
Brendan Smialowski AFP/Getty Images

Originally published on Wed July 24, 2013 1:26 pm

President Obama on Wednesday launched another effort to lay out his vision for how to strengthen the U.S. economy with a midday speech at Knox College in Galesburg, Ill., in which he hit themes familiar to those who followed his 2008 and 2012 presidential campaigns.

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The Two-Way
11:47 am
Wed July 24, 2013

Sales Of New Homes Rise Again, Hit Five-Year High

A new home that was under construction earlier this year in San Mateo, Calif.
Justin Sullivan Getty Images

Originally published on Fri August 23, 2013 12:35 pm

Note added on Aug. 23, 2013: When we wrote this post and its headline — "Sales Of New Homes Rise Again, Hit Five-Year High" — the data said that was true. Now, the agencies that produce the numbers have issued revisions that indicate sales of new homes in June were the second-best in the last five years. Go here to read about that.

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All Tech Considered
11:46 am
Wed July 24, 2013

Finland-Based Startup Will Let You 'Pay With Your Face'

Outside of a John Woo film like Face/Off, starring John Travolta and Nicolas Cage, it's nearly impossible for someone to steal your face.
Chris Pizzello AP

In our "Weekly Innovation" blog series, we explore an interesting idea, design or product that you may not have heard of yet. Previously we featured the sink-urinal and Smart Bedding.

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Business
9:43 am
Wed July 24, 2013

Boeing Is Flying High With Latest Earnings

Originally published on Wed July 24, 2013 10:59 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with Boeing flying high.

(SOUNDBITE OF MUSIC)

GREENE: The aircraft maker says its latest quarterly earnings rose a surprising 13 percent this quarter, despite all the troubles with the new 787 Dreamliner. Boeing said today revenues were up due to increased sales of its commercial jets, including Dreamliners and 737s.

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Economy & Business
8:25 am
Wed July 24, 2013

Caterpillar Profit Plunges

Credit Mark Sardella, Flickr

Peoria, Illinois based Caterpillar says second quarter profit fell 43 percent.

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