Economy & Business

Around the Nation
3:02 pm
Fri May 24, 2013

Battered Jersey Shore Pins Recovery Hopes On Summer Season

Construction workers work to rebuild the boardwalk in Seaside Heights in anticipation of Memorial Day weekend.
Mel Evans AP

Originally published on Fri June 7, 2013 11:37 am

Memorial Day weekend marks the start of the summer travel season, and it's particularly important for the resort communities along the Jersey Shore still suffering the effects of Hurricane Sandy.

In the popular tourist spot Point Pleasant Beach, N.J., it has taken seven months and more than $1 million to make repairs along Jenkinson's Boardwalk.

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The Two-Way
1:52 pm
Fri May 24, 2013

Google Reportedly Faces FTC Antitrust Probe Over Display Ads

The Federal Trade Commission is in the early stages of opening an antitrust probe into how Google runs its online display advertising business, according to a report by Bloomberg News, citing sources who want to remain anonymous because the FTC has not announced the probe.

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The Two-Way
1:12 pm
Fri May 24, 2013

News Corp. Board Approves Company Split

The head of News Corp., Rupert Murdoch, arrives at the Vanity Fair Oscar Party in February.
Pascal Le Segretain Getty Images

Media empire News Corp., parent of Fox and The Wall Street Journal, will be cleaved into two businesses starting June 28: a publishing arm and one for entertainment.

The plan was first announced a year ago. As we reported at the time:

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Economy & Business
12:52 pm
Fri May 24, 2013

Milwaukee Delegation Making Deals at Retail Convention

Milwaukee businesses are making deals at ICSC
Credit kylemac, flickr

Lake Effect's Mitch Teich interviews Stacy Vogel Davis of the Business Journal of Milwaukee about a retail convention.

Milwaukee retail and civic leaders have spent the last several days in Las Vegas attending an event they hope will leave a mark on the city's retail scene.

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Shots - Health News
9:57 am
Fri May 24, 2013

Health Insurance At 'Good Prices' Coming To Calif. Exchange

Peter Lee, executive director of Covered California, unveiled the plans and prices that will be offered by private insurers at a media briefing in Sacramento on Thursday.
Rich Pedroncelli AP

Originally published on Tue May 28, 2013 7:08 am

California just unveiled a wide array of choices for the 5.3 million people expected to qualify to buy coverage through its online marketplace established by the federal health overhaul.

It's the first disclosure of prices in the nation's most populous state for individual health insurance that complies with the Affordable Care Act, and the menu of affordable options surprised some consumer advocates and analysts who had been expecting premiums to be much higher.

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The Two-Way
9:23 am
Fri May 24, 2013

James Joyce Coin-troversy Reportedly Could Have Been Averted

A commemorative 10-euro coin featuring James Joyce bears an image of the author that his literary estate did not approve. It also misquotes his work.
Irish Central Bank

Irish banking officials should have known there were problems with the controversial 10-euro coin commemorating James Joyce, according to Ireland's RTE News. The coin misquotes the author's Ulysses, and bears an image of Joyce that his estate did not approve.

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Business
4:31 am
Fri May 24, 2013

Business News

Originally published on Fri May 24, 2013 7:01 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a comeback.

(SOUNDBITE OF MUSIC)

MONTAGNE: Procter & Gamble made a surprise announcement last night. It's bringing back its former CEO as the company's new CEO. A.G. Lafley will replace Bob McDonald. Procter & Gamble is behind names like Crest toothpaste and Tide laundry detergent. The 170-year-old company has been struggling to grow in emerging markets. Transcript provided by NPR, Copyright NPR.

Business
4:31 am
Fri May 24, 2013

Financial Markets In The News

Originally published on Fri May 24, 2013 7:01 am

Transcript

RENEE MONTAGNE, HOST:

And for the past few months, global stock markets appeared to be on an escalator going up, relentlessly reaching new highs. This week, that ride seems to be over - or maybe not. To find out, we turn, as we often do, to David Wessel, he's the economics editor of The Wall Street Journal.

Good morning.

DAVID WESSEL: Good morning, Renee.

MONTAGNE: David, put the stock markets into perspective for us. Apart from the day-to-day ups and downs, which we have been seeing, how have the markets been doing?

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Business
4:31 am
Fri May 24, 2013

The Last Word In Business

Originally published on Fri May 24, 2013 8:48 am

Transcript

DAVID GREENE, HOST:

And our last word in business today, quite a tongue lashing for McDonald's. The company held its annual shareholders meeting in yesterday, and when the floor opened for questions, a nine-year-old girl approached the microphone.

RENEE MONTAGNE, HOST:

Hannah Robertson spoke loud and clear, saying quote, "there are things in life that aren't fair, like when your pet dies." And she continued, "I don't think it's fair when big companies try to trick kids into eating food."

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Digital Life
4:31 am
Fri May 24, 2013

Viewers To Decide If Amazon's Sample Shows Make The Cut

Originally published on Fri May 24, 2013 7:01 am

Transcript

DAVID GREENE, HOST:

The popular series "Arrested Development" returns this Sunday with 15 new episodes, released all at once. They're coming from Netflix, which earlier this year, released "House of Cards." Online video companies are producing more of their own shows - not just Netflix, Hulu and Yahoo are getting into the act, as well.

Now, Amazon also wants to join, but they're doing things differently, letting viewers help choose the new lineup. Here's what TV critic Eric Deggans thinks of that approach.

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