Business and Economy

Economy
4:02 am
Wed December 24, 2014

Lower Gas Prices Add Fuel To U.S. Economic Recovery

Originally published on Wed December 24, 2014 2:21 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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DAVID GREENE, HOST:

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Europe
4:02 am
Wed December 24, 2014

Lower Oil Prices Drain Value Of Russians' Money

Originally published on Wed December 24, 2014 7:02 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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DAVID GREENE, HOST:

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Around the Nation
2:20 am
Wed December 24, 2014

The Year In Air Travel: Packed Planes And More Perks — For A Price

Originally published on Wed December 24, 2014 9:37 am

It's been a good year for commercial airlines.

With the economy recovering, more people are getting on planes and flying for both business and pleasure. And the cost of fuel, one of the airlines' biggest expenses, is dropping.

But as anyone traveling for the holidays can tell you, airfares remain high. And many frequent fliers at Chicago O'Hare International Airport say they wouldn't give the airlines perfect grades this year.

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Economy
6:04 pm
Tue December 23, 2014

A Backlash Brews Against Low Pay On The Factory Floor

Nissan workers at a plant in Canton, Miss. The auto company received financial incentives, including tax relief, from the state for the factory.
Rogelio V. Solis AP

Originally published on Wed December 24, 2014 12:37 pm

Forty years ago, a manufacturing job was often a ticket into the middle class. That's not the case today. Wages for manufacturing jobs are plummeting, and some states are questioning whether competing for those jobs is still worth it.

For Cynthia Hunter, a $9-per-hour manufacturing job offer meant she could stay in the workforce after taking a buyout from her management job at Exxon Mobil in 2012.

"I was scared to stay out of the marketplace," says Hunter, 58. "I mean, I have worked all these years, and I never in my life collected unemployment — ever."

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Business and Economy
4:59 pm
Tue December 23, 2014

Continental Resources To Cut Drilling Budget In 2015

Credit Continental Resources

An Oklahoma City-based oil and natural gas producer is slashing its 2015 drilling budget by more than 40 percent as crude oil prices continue to tumble.

The Oklahoman reports that Continental Resources Inc. took the action on Monday but said it still plans to increase production 16 percent to 20 percent from 2014 levels.

Continental CEO Harold Hamm says no job losses are expected. Hamm says the company won't be growing as fast as it had originally planned but will still increase production.

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Economy
4:00 pm
Tue December 23, 2014

GDP Growth At Highest Level Since 2003

Originally published on Tue December 23, 2014 6:03 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Energy
1:39 pm
Tue December 23, 2014

Oklahoma Boasts Lowest Gas Prices In Nation

Credit futureatlas.com

AAA Oklahoma says the average price for a gallon of regular gasoline was $2.07 Tuesday. Gas prices have tumbled $1.46 since hitting its 2014 high of $3.53 on June 26.

AAA says the state pump price has fallen for 55 straight days, plummeting 20 cents in the last week and 56 cents over the last month.

Some stations in Oklahoma City were selling gasoline for under $1.70 on Tuesday — the lowest prices anywhere in the nation. And the Tulsa metropolitan area had the lowest citywide average price of any major U.S. city Tuesday at $1.93 per gallon.

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The Two-Way
11:57 am
Tue December 23, 2014

'The Interview' To Play In More Than 200 Theaters On Christmas Day

A poster for The Interview. Some theaters now say they will show the comedy, which Sony Pictures had pulled following threats.
Jim Ruymen UPI /Landov

Originally published on Wed December 24, 2014 7:32 am

Updated at 8:20 p.m. ET

More than 200 theaters will now show The Interview on Christmas Day, a spokesperson for Sony Pictures tells NPR.

Sony had pulled the controversial comedy that centers on a plot to assassinate North Korean leader Kim Jong Un after ominous threats were made, allegedly by a group that hacked the studio's emails. The nation's largest theater chains had also said they won't show the movie starring Seth Rogen and James Franco.

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The Salt
9:57 am
Tue December 23, 2014

Farm Fresh? Natural? Eggs Not Always What They're Cracked Up To Be

Cage-free eggs for sale in 2008 in Knoxville, Tenn.
Joel Kramer/Flickr

Originally published on Tue December 23, 2014 2:49 pm

You're in the supermarket gathering ingredients for eggnog and a Christmas Bundt cake, and you're staring at a wall of egg cartons. They're plastered with terms that all sound pretty wonderful: All-Natural, Cage-Free, Free-Range, Farm Fresh, Organic, No Hormones, Omega-3. And so on.

And yet the longer you stare at them, the more confused you become. You are tired and hungry, so you just grab the cheapest one — or the one with the most adorable chicken illustration — and head for the checkout line.

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The Two-Way
9:18 am
Tue December 23, 2014

Keurig Recalls 7 Million Coffee Machines Following Reports Of Burns

Keurig is recalling 7 million Mini Plus Brewing Systems, with the model number K10 (previously identified as B31).
Brian Snyder Reuters /Landov

Originally published on Tue December 23, 2014 11:50 am

Keurig, the company that makes the popular single-serve coffee machines, is recalling 7 million Mini Plus Brewing Systems, with the model number K10 (previously identified as B31), the federal Consumer Product Safety Commission announced today.

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