Business and Economy

The Two-Way
2:40 pm
Wed March 26, 2014

Labor Board Rules Northwestern University Players Are Employees

Northwestern quarterback Kain Colter speaks at a January press conference in Chicago.
David Banks Getty Images

Originally published on Wed March 26, 2014 5:08 pm

A regional director of the National Labor Relations Board ruled that Northwestern University athletes are employees of the school and are allowed to form a union.

The Associated Press calls the decision "stunning" because it has the potential to completely upend the way college athletics function. The AP adds:

"The Evanston, Ill-based university argued college athletes, as students, don't fit in the same category as factory workers, truck drivers and other unionized workers. The school plans to appeal to labor authorities in Washington, D.C.

Read more
All Tech Considered
12:34 pm
Wed March 26, 2014

Getting Your Head Into The Facebook-Oculus Virtual Reality Deal

An attendee wears an Oculus Rift HD virtual reality headset at the International Consumer Electronics Show in Las Vegas.
Robyn Beck AFP/Getty Images

Originally published on Wed March 26, 2014 5:02 pm

Author Howard Rheingold has been thinking about virtual reality tech for decades. He spoke to us on Twitter about Facebook's $2 billion purchase of Oculus VR, the company behind the Oculus Rift headset.

Technology
10:46 am
Wed March 26, 2014

The Changing World Of Tech Requires A Woman's Eye

Originally published on Thu March 27, 2014 1:09 pm

Transcript

MICHEL MARTIN, HOST:

Read more
Business
5:08 am
Wed March 26, 2014

IRS To Treat Bitcoin As Property, Not Currency

Originally published on Wed March 26, 2014 6:39 am

The digital currency will be taxed like stocks. The IRS ruling provides some clarity to Bitcoin users and business owners who accept the virtual currency. But it means lots of record keeping.

Energy
4:13 am
Wed March 26, 2014

German Chemical Giant BASF Benefits From Cheap U.S. Natural Gas

Originally published on Wed March 26, 2014 6:39 am

Thanks to fracking, there is an abundance of natural gas at about a quarter of the European price. This influx of business may be good for the U.S., but it's cause for concern for European leaders.

Business
4:04 am
Wed March 26, 2014

W Hotels Now Offers Social Media Wedding Concierge

Originally published on Wed March 26, 2014 6:52 am

For just $3,000, the concierge will live tweet your wedding and pester your guests to use a dedicated hashtag throughout the day. And afterwards, you get a collage of the best Instagrams.

Business
4:04 am
Wed March 26, 2014

Houston Ship Channel Partially Reopens After Oil Spill

Originally published on Wed March 26, 2014 6:39 am

David Greene talks to Mark Holving, captain of the Dutch freighter Avonberg, which was stalled outside the port of Houston. The ship channel was closed after oil spilled from a barge on Saturday.

Business
4:04 am
Wed March 26, 2014

U.S. Box Office Sales Fall Slightly In 2013

Originally published on Wed March 26, 2014 6:39 am

Transcript

DAVID GREENE, HOST:

NPR's business news begins with the incredible shrinking box office.

Americans are not heading to the movies as much as they used to. The Motion Picture Association of America says ticket sales fell off slightly in 2013. To boost audience numbers, theater owners are talking to move the chains and studios about cutting ticket great prices one day a week.

Now, while Americans seem less eager to head to the movies, worldwide box office sales are up by about four percent. Transcript provided by NPR, Copyright NPR.

Business
4:04 am
Wed March 26, 2014

Arizona Struggles To Gain Cross-Border Trade With Mexico

Originally published on Wed March 26, 2014 8:00 am

In 2010, Arizona passed laws aimed at undocumented immigrants. As a result, business relations with Mexico — Arizona's biggest trading partner — began to suffer.

The Salt
2:22 am
Wed March 26, 2014

In Mexico And U.S., Lime Lovers Feel Squeezed By High Prices

A worker unloads a truck full of Mexican limes at a citrus packing plant in La Ruana, in the state of Michoacan, Mexico.
Dario Lopez-Mills AP

Originally published on Thu March 27, 2014 1:11 pm

Has the price of your margarita cocktail shot up? Guacamole more expensive? Blame it on limes.

About 98 percent of limes consumed in the U.S. come from Mexico. But our neighbors to the south are feeling seriously squeezed by a shortage of the beloved citrus fruit.

Read more

Pages