Economy & Business

Business
3:02 pm
Mon May 5, 2014

Target's Top Executive Steps Down, Brought Low By Data Breach

Originally published on Mon May 5, 2014 10:49 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block. Five months after Target disclosed a massive data breach, its CEO has lost his job. Greg Steinhafel is stepping down from his dual posts as president and CEO at Target Corporation. His resignation underscores the company's effort to overhaul its entire business. Here's NPR's Yuki Noguchi.

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Remembrances
3:02 pm
Mon May 5, 2014

Remembering Economist Gary Becker, Who Described 'Marriage Market'

Gary Becker was awarded the Presidential Medal of Freedom at the White House in 2007.
Roger L. Wollenberg UPI/Landov

Originally published on Mon May 5, 2014 6:59 pm

University of Chicago economist Gary Becker died Saturday at the age of 83. He won the Nobel Prize in 1992 for broadening the horizons of economics, using economic analysis to explore social issues like crime, racial discrimination and drug addiction.

Becker was a giant in the field of economics, and his pioneering application of economic theory to social questions extended to the marriage market. In an NPR interview on the day he was awarded the Nobel Prize in economics, Becker explained:

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All Tech Considered
3:02 pm
Mon May 5, 2014

Drone Journalism Can't Fully Take Flight Until Regulators Act

Drone Journalism Lab researcher Ben Kreimer is limited to testing drones indoors.
Courtesy of Drone Journalism Lab

Originally published on Mon May 12, 2014 10:12 am

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All Tech Considered
2:01 pm
Mon May 5, 2014

FAA Head: Safety, Privacy Concerns Abound In Regulating Drones

A water-collecting drone hovers at a testing site in Lincoln, Neb., in 2013. The Federal Aviation Administration is working on rules for the commercial use of unmanned aircraft.
Nati Harnik AP

Originally published on Mon May 12, 2014 10:13 am

A number of federal agencies are grappling with rules around drones as the popularity of the unmanned aircraft is rising. The National Park Service recently banned their use in Yosemite, and the Federal Aviation Administration is under orders from Congress to safely integrate unmanned aircraft into U.S. airspace by September 2015.

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The Salt
11:03 am
Mon May 5, 2014

The Lime Shortage: Still Messing With Your Margarita

Lime lovers, take heart: The shortage won't last forever.
iStockphoto

Originally published on Mon May 5, 2014 12:42 pm

If you're hunting for limes to squeeze into margaritas or to stir into guacamole for your Cinco de Mayo celebration Monday, be prepared for sticker shock, empty shelves, or both.

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Planet Money
10:48 am
Mon May 5, 2014

Most Americans Make It To The Top 20 Percent (At Least For A While)

promo
Quoctrung Bui/NPR

Originally published on Mon May 5, 2014 2:07 pm

We often talk about income as if it's this fixed thing. Those people over there are the 1 percent. These over here live in poverty. That other group is the people in the top 20 percent. That's not the way it is.

While economic mobility hasn't increased in this country over the past few decades, there is still churn. Lots of people move up and down the income ladder over the course of a career.

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The Two-Way
7:30 am
Mon May 5, 2014

In Wake Of Massive Data Breach, Target CEO Steps Down

Originally published on Mon May 5, 2014 10:16 am

In the wake of a massive data breach that exposed the personal information of about 70 million customers last year, Target CEO Gregg Steinhafel is stepping down, the retailer's board announced in a statement Monday.

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All Tech Considered
6:18 am
Mon May 5, 2014

You Love Pinterest. Find Out Why The Police Do, Too

Pinterest users helped police in Redwood City, Calif., reunite stolen property with its owners.
Pinterest

Originally published on Mon May 5, 2014 7:20 am

Plenty of people use Pinterest to find things — purses, posh hotels, eggplant parm recipes — but the rightful owner of a charm bracelet stolen 30 years ago? Leave that to the police.

In February, when an officer in Redwood City, Calif., discovered bags of stolen jewelry in the trunk of a car during a routine traffic stop, Detective Dave Stahler turned to social media — in hopes of tracking down the owner of a charm bracelet stamped with names and dates.

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Business
6:09 am
Mon May 5, 2014

Naked Cowboy Switches From Briefs To Boxers

Originally published on Mon May 5, 2014 6:40 am

Transcript

RENEE MONTAGNE, HOST:

Today's last word in business is: A change of underwear.

New York City's Robert Burck is a Times Square street performer known as the Naked Cowboy.

STEVE INSKEEP, HOST:

There's a bit of exaggeration in calling him naked, but only a bit. Mr. Burck performs wearing only a guitar, a 10-gallon hat, cowboy boots and a pair of white briefs. Starting tomorrow, he trades in the briefs for a set of boxers - for a fee.

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Business
6:03 am
Mon May 5, 2014

Portugal To Exit EU Bailout Program

Originally published on Mon May 5, 2014 6:40 am

After this month, officials in Portugal say they will no longer need further assistance form the European Union bailout plan.

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