Business and Economy

The Two-Way
12:14 pm
Wed April 2, 2014

GM Has 'Culture Of Cover-Up,' Key Senator Says

General Motors CEO Mary Barra as she testified Wednesday on Capitol Hill.
Pablo Martinez Monsivais AP

Day Two of General Motors CEO Mary Barra's time testifying before Congress about safety problems with her company's cars has been highlighted by a top senator saying the company "repeatedly lied" about its problems and has fostered a "culture of cover-up."

From The Detroit News:

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The Two-Way
7:56 am
Wed April 2, 2014

Job Growth Picked Up Some Speed In March, Survey Signals

Kiara Crawford, Brittney Winkler and Jessyca Freeman (left to right) were among those applying for work last month at a job fair in Washington, D.C. Early data from that month signal that job growth may have gained some speed.
Chip Somodevilla Getty Images

The first slice of data about job growth in March offers some hope that the U.S. labor market gained some strength:

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Business
6:49 am
Wed April 2, 2014

Flights Canceled After Lufthansa Pilots Strike

Originally published on Wed April 2, 2014 12:04 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a three-day airline strike.

(SOUNDBITE OF MUSIC)

INSKEEP: The German airline Lufthansa announced it has had to cancel approximately 3,800 flights because of a planned pilot's strike, which starts today and lasts until Friday.

Business
6:14 am
Wed April 2, 2014

Protesters Fault Taiwan For Trade Deal With China

Originally published on Wed April 2, 2014 12:04 pm

Transcript

(SOUNDBITE OF CHANTING PROTESTORS)

DAVID GREENE, HOST:

And this is what a protest sounded like a few days ago in Taiwan, more than 100,000 people protesting a new trade agreement building ties between Chinese and Taiwanese businesses. Students are also upset. They've been occupying Taiwan's legislature for almost two weeks now.

NPR's Frank Langfitt explains why people are so angry.

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Around the Nation
5:16 am
Wed April 2, 2014

Finding A More Nuanced View Of Poverty's 'Black Hole'

Originally published on Wed April 2, 2014 12:04 pm

Ask Anne Valdez what poverty means for her, and her answer will describe much more than a simple lack of money.

"It's like being stuck in a black hole," says Valdez, 47, who is unemployed and trying to raise a teenage son in Coney Island, New York City. "Poverty is like literally being held back from enjoying life, almost to the point of not being able to breathe."

For years, researchers have complained that the way the government measures income and poverty is severely flawed, that it provides an incomplete — and even distorted — view.

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Politics
4:17 am
Wed April 2, 2014

GM CEO Pressed On Handling Of Ignition Switch Defect

Originally published on Wed April 2, 2014 12:04 pm

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

There was only one thing the new head of General Motors could really say about its recall of defective vehicles. The recall was a decade in coming, and the defect has been linked to at least 13 deaths.

Mary Barra faced questions about it yesterday before Congress.

(SOUNDBITE OF CONGRESSIONAL HEARING)

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NPR Story
4:07 am
Wed April 2, 2014

Ryan's Budget Plan Takes Midterm Elections Into Consideration

Originally published on Wed April 2, 2014 12:04 pm

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene. Elsewhere on the program today we heard of President Obama's push to raise the minimum wage. Maybe it will become law; maybe it won't. Either way, Democrats believe it helps them in this election year. Now let's hear about Republicans.

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NPR Story
4:07 am
Wed April 2, 2014

Ranch Dressing Is The Cream Of The Crop

Originally published on Wed April 2, 2014 12:04 pm

Transcript

DAVID GREENE, HOST:

Our last word in business today: Dip it.

That's what millions of Americans are doing with ranch dressing. A new report says it is the salad topping of choice in cafeterias and restaurants in the United States. Its sales and shipments are doubled that of the number two dressing: blue cheese.

We are using ranch on salads, on broccoli, baked potatoes, chicken wings, even pizza.

STEVE INSKEEP, HOST:

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Politics
2:54 am
Wed April 2, 2014

In Arkansas, Voters May Get Chance To Raise Minimum Wage

Arkansas Sen. Mark Pryor speaks to reporters at his Little Rock campaign headquarters on Feb. 28. A minimum wage increase on the ballot alongside Pryor could give Democrats more of a reason to show up on Election Day.
Danny Johnston AP

Originally published on Wed April 2, 2014 12:04 pm

President Obama travels to Michigan Wednesday to tout his proposal to boost the minimum wage.

Raising the wage to $10.10 an hour is one of the top agenda items for Obama and his fellow Democrats during this mid-term election year. The White House says the move would put more money in the pockets of some 28 million workers.

One test of that strategy will be in Arkansas, where proponents are trying to put a minimum wage increase on the ballot in November. Arkansas has some of the lowest wages in the country and it's also home to one of the most vulnerable Senate Democrats.

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The Two-Way
5:13 pm
Tue April 1, 2014

Mother Of Victim: More Killed By GM Ignition Switch Defect

Laura Christian, far right, talks about how her birth daughter Amber Marie Rose was killed on July 29, 2005, in a car crash that investigators determined was linked to a defective ignition switch.
J. Scott Applewhite AP

Originally published on Tue April 1, 2014 6:24 pm

The birth mother of Amber Marie Rose, the teen whose 2005 death was the first linked to an ignition switch problem that's triggered a massive recall of General Motors vehicles, says that through a Facebook group for families of victims, she's identified at least 29 fatalities due to the defect. GM only acknowledges 13 deaths.

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