Business and Economy

Economy
3:23 am
Tue January 20, 2015

Working 3 Jobs In A Time Of Recovery

When Ed Neufeldt introduced President Obama in 2009, Elkhart, Ind. had the dubious distinction of having the highest unemployment rate in the country, close to 20 percent. The county's job numbers have recovered, but Neufeldt's now working three part-time jobs.
Tamara Keith NPR

Originally published on Tue January 20, 2015 12:58 pm

If Elkhart County, Ind. was the symbol of the recession, then Ed Neufeldt became the face of the unemployed worker.

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Business
2:18 am
Tue January 20, 2015

Analysts Watch For Impacts Of European Economic Weakness On U.S.

A new BMW X4 vehicle is unveiled during a March 2014 news conference at the BMW manufacturing plant in Greer, S.C.
Chuck Burton AP

Originally published on Tue January 20, 2015 6:58 am

With the European economy barely growing, leaders there are worried about deflation. To boost growth and stabilize prices, the European Central Bank is expected to take a bold step at its Thursday meeting.

It would start buying up government bonds on a huge scale — just as the Federal Reserve did here beginning in 2007. The hope is that it would pump enough cash into the economy to get it moving.

This effort, known as quantitative easing, would impact the U.S. economy, too — especially in the Southeast.

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Author Interviews
4:59 pm
Mon January 19, 2015

Markets May Stumble Or Skyrocket, But This Economist Says Hold On Tight

Burton Malkiel, author of A Random Walk Down Wall Street, says investors in broadly based index funds do better in the long run than stock pickers.
Toby Richards AP

Originally published on Tue January 20, 2015 9:55 am

In 1973, Burton Malkiel published a very readable guide to investing called A Random Walk Down Wall Street. He didn't rest with the first edition, though. Over the past 42 years — as we've lived through bubbles and crashes, scandals and fads — Malkiel has returned more than a few times to his seminal Walk.

In fact, this year he plans to release the book's 11th edition.

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Economy
3:38 pm
Mon January 19, 2015

U.S. Solar Industry Sees Growth, But Also Some Uncertainty

A worker installs solar panels atop a government building in Lakewood, Colo. The industry has added more than 80,000 jobs since 2010, according to The Solar Foundation.
John Moore Getty Images

Originally published on Mon January 19, 2015 6:32 pm

The solar energy business is growing fast, thanks in part to a steep drop in panel prices.

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The Salt
3:38 pm
Mon January 19, 2015

Chipotle's Pulled Pork Highlights Debate Over Sow Welfare

A sow nurses her piglets in a farrowing crate in an Elite Pork Partnership hog confinement building in Carroll, Iowa, in 2009.
Charlie Neibergall AP

Originally published on Tue January 20, 2015 12:07 pm

About a third of all Chipotle restaurants are not serving carnitas at the moment, because the restaurant chain has suspended one of its major pork suppliers.

The restaurant chain has declined to identify the supplier and the exact reasons for the suspension. In its official statements, Chipotle said only that the supplier was not in compliance with the company's animal welfare standards.

But when David Maren heard the news, he had a pretty good idea what the problem was.

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Europe
3:38 pm
Mon January 19, 2015

As Elections Approach, Greece Teeters On Austerity Question

Originally published on Mon January 19, 2015 6:32 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

ROBERT SIEGEL, HOST:

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Politics
4:28 am
Mon January 19, 2015

White House Rolls Out Tax Proposals Before State Of The Union Address

Originally published on Mon January 19, 2015 6:37 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Law
4:23 am
Mon January 19, 2015

U.S. District Judge To Calculate BP's Fine For Gulf Oil Spill

Originally published on Mon January 19, 2015 7:15 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

DAVID GREENE, HOST:

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Politics
4:01 am
Mon January 19, 2015

Private Sector Included In Plan To Finance Infrastructure Repairs

Originally published on Mon January 19, 2015 6:37 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Environment
3:22 am
Mon January 19, 2015

New Justice Department Environment Chief Takes Helm Of Gulf Spill Case

Cruden ranks the Gulf oil spill as one of the most significant environmental disasters of our time. It "deserves ... all of our energy to make sure nothing like this ever happens again," he says.
Gerald Herbert AP

Originally published on Mon January 19, 2015 6:37 am

John Cruden served with U.S. Special Forces in Vietnam, taking his law school aptitude test in Saigon and eventually becoming a government lawyer.

Earlier this month, he started a new job running the environment and natural resources division at the Justice Department. For Cruden, 68, the new role means coming home to a place where he worked as a career lawyer for about 20 years.

Cruden has been around long enough to have supervised the Exxon Valdeez spill case, a record-setter. That is, until the Deepwater Horizon exploded in the Gulf of Mexico in 2010.

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