Business and Economy

Planet Money
4:01 pm
Fri December 20, 2013

Will A Computer Decide Whether You Get Your Next Job?

In an effort to hire better job candidates, some companies are replacing paper resumes with tests designed to collect big data from job applicants.
Mark Lennihan AP

Originally published on Sat December 21, 2013 5:46 pm

Xerox runs 175 call centers around the world. In all, the centers employ more than 50,000 customer service agents who deal with questions about everything from cellphone bills to health insurance.

Teri Morse, who is in charge of recruiting all those people, says the company had a problem: It was hiring people who just weren't a good fit.

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Number Of The Year
4:00 pm
Fri December 20, 2013

The Cost To Keep The Home Team At Home May Not Be Worth It

Atlanta Mayor Kasim Reed announces that the city will demolish Turner Field after Major League Baseball's Atlanta Braves leave for a new stadium in the suburbs in 2017. Reed says it was a hard decision but he thinks the city will be better for it.
David Goldman AP

Originally published on Mon December 30, 2013 6:52 pm

$498 million — that's how much the state of Minnesota and the city of Minneapolis have agreed to pay as their share of a new, nearly $1 billion football stadium for the Minnesota Vikings. Team owner Ziggy Wilf says he believes Minnesotans got a fair deal.

And as it turns out, the deal is pretty standard. But is it fair? Increasingly, privately owned sports teams aren't just asking for newer, fancier digs. They're also asking the public to pay half — or more — of the bill.

Hidden Costs Add Up

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All Tech Considered
2:05 pm
Fri December 20, 2013

The 'Blacks In Tech' Series Wraps, But Let's Keep Talking

Omar Wasow founded BlackPlanet, one of the earliest social networks, but isn't as widely recognized as the founders of Facebook or Myspace.
Willi Wong

Editor's Note: As part of Tell Me More's three-week-long Twitter exploration of black innovators in the tech sector, digital lifestyle expert Mario Armstrong analyzed the tweets and the conversations going on under the hashtag #NPRBlacksinTech. The series wraps today. Below, he looks back on what we've learned.

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All Tech Considered
1:42 pm
Fri December 20, 2013

Week That Was: Bay Area Economy, NSA Ruling, Tech Execs In D.C.

President Obama and Vice President Biden met with tech executives at the White House on Wednesday.
Jim Watson AFP/Getty Images

Before we slow things down for the final two weeks of 2013 — you'll still get fresh stories and posts here, but at a slower clip — let's look back at tech in one of the last weeks of the year.

ICYMI

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Architecture
1:35 pm
Fri December 20, 2013

Makeover USA: Short, 'Dowdy' D.C. Considers High Heels

The skyline of Washington, D.C., including the Capitol building, Washington Monument, Lincoln Memorial and National Mall. The tall buildings in the distance are in Virginia.
Saul Loeb AFP/Getty Images

Originally published on Fri December 20, 2013 3:06 pm

The powers that be in Washington are typically, though certainly not always, wrestling with weighty issues.

Recently, they've also been debating height, and whether they prefer a stout, familiar dowager, or a taller, sleeker model.

Building heights, people: We're talking building heights in your nation's capital, where for more than a century the 1910 Building Height Act has kept the city's profile low.

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The Two-Way
11:22 am
Fri December 20, 2013

Yellen Nomination To Fed Clears Hurdle; Confirmation Likely

Janet Yellen, who is poised to move from the No. 2 to the No. 1 post at the Federal Reserve.
Alex Wong Getty Images

By a vote of 59-34 the Senate on Friday moved the nomination of Janet Yellen to be the next chairman of the Federal Reserve past a key procedural hurdle.

The vote invoked "cloture" — effectively preventing Republicans from filibustering President Obama's nominee.

Next up for Yellen's nomination: A confirmation vote, set for Jan. 6. With the Democratic caucus controlling 55 of the Senate's 100 seats, she's expected to get a majority and then become the first woman to head the central bank.

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Business
10:13 am
Fri December 20, 2013

U.S. Economy's 3rd-Quarter Growth Beats Projections

Transcript

DAVID GREENE, HOST:

NPR's business news begins with some good news on the economic front.

(SOUNDBITE OF MUSIC)

GREENE: The U.S. economy grew by 4.1 percent in the third quarter of the year, and that's significantly higher than the earlier projection of 3.6 percent. The upward revision comes mostly thanks to stronger consumer spending, and it is the fastest jump in growth in almost two years. Transcript provided by NPR, Copyright NPR.

The Salt
10:04 am
Fri December 20, 2013

They're Back! Chesapeake Oysters Return To Menus After Rebound

A plate of Sweet Jesus oysters grown in Chesapeake Bay by Hollywood Oyster Co. in Hollywood, Md.
Katy Adams Courtesy Clyde's Restaurant Group

Originally published on Fri December 20, 2013 11:44 am

The history of the Chesapeake Bay oyster hasn't always been a pure one. So you could forgive a chef for being skeptical about the big bivalve comeback being staged in D.C. and the surrounding area this winter as oyster season gets underway.

But many mid-Atlantic chefs are actually cheering. That's because a major public-private effort to re-establish the oyster as a quality local food product — as well as a weapon against water pollution — seems to be working.

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The Two-Way
8:18 am
Fri December 20, 2013

Economy Looks Better, At Least In Rearview Mirror

At a Ford plant in Michigan, workers load a battery into a Ford C-MAX plug-in hybrid vehicle. The economy picked up speed in the third quarter. Economists caution, though, that it may slow in coming quarters.
Bill Pugliano Getty Images

Originally published on Fri December 20, 2013 12:14 pm

The U.S. economy expanded at a 4.1 percent annual rate in the third quarter, a significantly faster pace than first thought and its strongest showing since the end of 2011, the Bureau of Economic Analysis said Friday.

After each quarter, the agency spends the next three months reporting and revising its figures on gross domestic product growth.

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The Two-Way
7:19 am
Fri December 20, 2013

Health Care Rules Relaxed Again, 'Backlash' Follows

HealthCare.gov

Originally published on Fri December 20, 2013 9:06 am

  • From the NPR Newscast: Julie Rovner on the latest changes to the health care program (with an introduction from Jean Cochran)

Word from the Obama administration that Americans who recently had their health insurance canceled will be allowed to buy "catastrophic policies" mostly intended for young adults has upset the insurance industry, NPR's Julie Rovner tells our Newscast desk.

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