Economy & Business

The Two-Way
5:51 pm
Tue April 8, 2014

GM At Odds With Feds Over Recall-Related Documents

A Chevrolet logo on the grill of a 2013 Traverse at the 2013 Pittsburgh Auto Show. General Motors is recalling more than 1.5 million vehicles, including SUVs, vans and Cadillacs, for defective ignition switches and other problems.
Gene J. Puskar AP

Originally published on Wed April 9, 2014 5:07 am

General Motors says it has "fully cooperated" with federal authorities in connection with the recall of 2.6 million cars for defective ignition switches and other problems.

But the National Highway Traffic Safety Administration disagrees and says it will fine the automaker $7,000 for each day it misses a deadline to answer 107 questions that passed on April 4.

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All Tech Considered
3:55 pm
Tue April 8, 2014

The Security Bug That Affects Most Of The Internet, Explained

A screen grab from a Heartbleed test Tuesday morning showed Yahoo was vulnerable. The company has since fixed the vulnerability.
filippo.io/Heartbleed screengrab

Originally published on Wed April 9, 2014 4:45 pm

Editor's Note: A very serious bug with a scary name, Heartbleed, was discovered and disclosed this week. The bug affects OpenSSL, a popular cryptographic library that is used to secure a huge chunk of the Internet's traffic. Even if you have never heard of OpenSSL, chances are, it's helped secure your data in some way.

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Law
3:01 pm
Tue April 8, 2014

New Rules Force Big Banks To Keep A Bigger Cushion

Originally published on Wed April 9, 2014 4:24 am

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

Five and a half years after the financial crisis that devastated the global economy, U.S. officials are taking steps to strengthen the nation's banking system. Today, the Federal Reserve and the Federal Deposit Insurance Corporation approved tough new rules that require banks to hold a lot more capital on their books. Regulators say the requirements will reduce the risk of bank failures during bad economic times.

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Around the Nation
3:01 pm
Tue April 8, 2014

Natural Disasters Are Rare, But So Is Mudslide Insurance

Searchers walk near a demolished house in Oso, Wash., in March. Few homeowners in Washington and neighboring Oregon have mudslide insurance.
Elaine Thompson AP

Originally published on Wed April 9, 2014 4:24 am

Depending on whom you talk to, either no one could have predicted the massive mudslide in Oso, Wash., last month — or it was a disaster just waiting to happen. But if homeowners in the slide's path are typical of most people in this part of the country, they were not insured against this kind of event — and are unlikely to see an insurance payout.

That's because standard homeowner's insurance doesn't cover mudslides. And the insurance is not only expensive, it's also difficult to purchase.

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It's All Politics
2:56 pm
Tue April 8, 2014

The Politics Of Equal Pay: It's More Than A Women's Issue

A crowd lines up in Atlanta for a recent women's forum on pay equity and other issues featuring Rep. John Lewis, D-Ga., and House Democratic Leader Nancy Pelosi of California.
David Tulis AP

Originally published on Tue April 8, 2014 3:18 pm

The pay equity issue, which President Obama and Democrats are making a central theme of the 2014 midterm election campaign, is often framed as a women's issue. But Democrats are expecting it will also have crossover appeal to men.

For many men, it's a matter of self-interest: Two-income families are part of a long-term trend, as many families find two paychecks essential to cover the bills in an era of rising prices and stagnant, if not falling, wages.

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