Economy & Business

Economy
4:12 am
Tue May 20, 2014

Foreclosure Overhaul Comes Too Slowly For Many Homeowners

Originally published on Tue May 20, 2014 10:43 am

The biggest U.S. banks are still foreclosing on homeowners who qualify for new loans, according to a coalition of non-profits. That's despite settlements aimed at preventing unnecessary foreclosures.

Business
4:09 am
Tue May 20, 2014

Think Twice Before Getting A Corporate Logo Tattoo

Originally published on Tue May 20, 2014 2:41 pm

Transcript

RENEE MONTAGNE, HOST:

And today's last word in business: Corporate Tattoos.

The now former executive editor of The New York Times, Jill Abramson cared so deeply for the paper that she got The Times signature T tattooed on her back.

In a commencement address yesterday at the Wake Forrest University, Abramson said there's no chance she'll get rid of the tattoo. Other people in the same situation might sound a little bit more regretful, and they might go see Dr. Will Kirby, the medical director for the tattoo removal clinic, Dr. Tattoff.

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Business
4:09 am
Tue May 20, 2014

St. Louis Holds Competition To Attract Startups

Originally published on Tue May 20, 2014 2:40 pm

Transcript

RENEE MONTAGNE, HOST:

Many cities are trying to attract startups. In St. Louis, the goal is to nurture the budding tech scene. To do that, the city sponsors a startup competition called Arch Grants - which awards 20 young businesses $50,000 a piece.

St. Louis Public Radio's Maria Altman reports.

MARIA ALTMAN, BYLINE: FoodEssentials has the typical startup vibe. The company gathers and organizes food label data for retailers and brands, like which products are gluten-free or are heart healthy.

(SOUNDBITE OF CHATTER)

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The Two-Way
6:13 pm
Mon May 19, 2014

Credit Suisse Pleads Guilty To Helping U.S. Tax Evaders

Attorney General Eric Holder speaks during a news conference at the Justice Department on Monday. Holder announced that Credit Suisse had agreed to pay $2.6 billion in a criminal settlement. With him are IRS Commissioner John Koskinen (left) and Deputy Attorney General James Cole.
Evan Vucci AP

Originally published on Mon May 19, 2014 7:03 pm

Credit Suisse AG has pleaded guilty to helping wealthy Americans evade taxes in offshore havens, and the Swiss bank has agreed to pay U.S. authorities $2.6 billion in penalties, the Justice Department has announced.

Attorney General Eric Holder told a news conference in Washington on Monday that the Swiss bank had "engaged in an extensive and wide-ranging conspiracy ... to help tax cheats dodge U.S. taxes."

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Business
3:16 pm
Mon May 19, 2014

AT&T And DirecTV Mega-Merger Spells Changes For Media Landscape

Originally published on Mon May 19, 2014 7:54 pm

Transcript

AUDIE CORNISH, HOST:

Federal regulators are facing a decision on whether to allow another big media merger. This time, it's AT&T and DirecTV. Yesterday, the board of AT&T voted to acquire the satellite television company in a deal worth almost $50 billion. NPR's Jim Zarroli reports that the hope is to be a stronger competitor against the likes of Verizon and Comcast.

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Law
3:16 pm
Mon May 19, 2014

In Rare Concession, Credit Suisse Admits Criminal Wrongdoing

Originally published on Mon May 19, 2014 7:54 pm

Credit Suisse will plead guilty to criminal charges and pay over $2 billion in fines in connection to allegations of tax evasion. But the CEO and chairman are reportedly expected to keep their jobs.

Media
3:16 pm
Mon May 19, 2014

In Jill Abramson's Firing, Was The 'Glass Cliff' To Blame?

Originally published on Mon May 19, 2014 7:54 pm

Transcript

ROBERT SIEGEL, HOST:

Jill Abramson, the executive editor of The New York Times, was abruptly fired last week, made her first public comments today. She did so in an address to the 2014 graduating class of Wake Forest University. And she told them: Like you, I'm a little scared but also excited.

JILL ABRAMSON: What's next for me? I don't know. So I'm in exactly the same boat as many of you.

(LAUGHTER)

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The Salt
3:16 pm
Mon May 19, 2014

With Cartels On The Run, Mexican Lime Farmers Keep More Of The Green

Workers sort through key limes at a packaging house in Apatzingan, Michoacan. More than 90 percent of limes imported into the U.S. come from Mexico.
Carrie Kahn NPR

Originally published on Mon May 19, 2014 7:54 pm

If the prices of a margarita or guacamole have been too high for you lately, blame it on a key ingredient of the Mexican treats — the lime. Prices for limes, imported almost exclusively from Mexico, hit record highs this year, and demand remains high. But now the price is dropping and farmers couldn't be happier.

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The Salt
11:09 am
Mon May 19, 2014

'Fed Up' Portrays Obese Kids As Victims In A Sugar-Coated World

The true stars of the documentary film Fed Up are several children — including Maggie Valentine, 12 — who are trying to lose weight.
YouTube

Originally published on Mon May 19, 2014 3:50 pm

Just who's to blame for the childhood obesity epidemic? Over the years, the finger has been pointed at parents, video games, Happy Meals and the hamburgers in the school cafeteria.

A new documentary, Fed Up, alleges it all boils down to a simple substance most of us consume every day: sugar. The pushers of "the new tobacco," according to the film, are the food industry and our own government.

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Economy
11:08 am
Mon May 19, 2014

3 Million Young People Missing From Housing Market? It's Everyone's Problem

Originally published on Mon May 19, 2014 11:43 am

Transcript

MICHEL MARTIN, HOST:

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