Business and Economy

The Two-Way
10:14 am
Thu February 13, 2014

Paula Deen Cooks Up $75 Million Deal With Investor

Paula Deen
Joshua Gunter The Plain Dealer/Landov

Originally published on Thu February 13, 2014 12:42 pm

The answer to the question "can Paula Deen recover?" from the uproar over her past use of the "N-word" is apparently yes.

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Music News
8:39 am
Thu February 13, 2014

Collecting Money For Songwriters, A 100-Year Tug Of War

ASCAP CEO John LoFrumento, member Katy Perry and president Paul Williams at the 2012 Annual ASCAP Pop Music Awards in Hollywood, Calif.
Frank Micelotta PictureGroup

Originally published on Thu February 13, 2014 5:06 pm

A hundred years ago, the Italian operatic composer Giacomo Puccini was having lunch in New York with Victor Herbert, the leading composer of operettas in this country. Then, the band in the restaurant began playing music from Herbert's current hit, Sweethearts. Puccini became outraged, according to songwriter Paul Williams, the current president of the performing-rights organization ASCAP.

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The Two-Way
8:09 am
Thu February 13, 2014

Weekly Jobless Claims Rise, As Do Hopes For Better News In Spring

Originally published on Thu February 13, 2014 2:26 pm

There were 339,000 first-time claims filed last week for unemployment benefits, up 8,000 from the week before, according to the Employment and Training Administration.

So this week's takeaway would seem to be a lot like last week's and several before that.

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The Two-Way
5:45 am
Thu February 13, 2014

Will Comcast Get Federal OK To Buy Time Warner?

Gene J. Puskar AP

Originally published on Thu February 13, 2014 9:44 am

(We put a new top on this story at 9:25 a.m. ET and added an update at 10:15 a.m. ET.)

As NPR's David Folkenflik pointed out earlier today, Comcast's proposed $45 billion purchase of fellow cable company Time Warner will receive some scrutiny from federal officials. Here's some more about that part of the story:

Politico writes that:

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Business
4:09 am
Thu February 13, 2014

Pilot Shortage Forces Republic Airways To Cut Service

Originally published on Thu February 13, 2014 6:29 am

Indianapolis-based Republic Airways has a problem: It can't find enough pilots to fly its planes. And so it plans to take more than two dozen of its jets out of service. Six months ago, the FAA boosted the number of hours it takes to qualify as a commercial pilot, and that has made it difficult for small, regional carriers to get the pilots they need.

Business
4:09 am
Thu February 13, 2014

Cable Deal: Comcast To Buy Time Warner

Originally published on Thu February 13, 2014 6:29 am

Comcast has confirmed it is buying Time Warner. The merger would combine the country's two largest cable companies and likely draw scrutiny from regulators.

Business
4:09 am
Thu February 13, 2014

Businesses Hope Weather Doesn't Interfere With Valentine's Day

Originally published on Thu February 13, 2014 6:29 am

The snowstorm is also interfering with Valentine's Day. Mary Beth Reagan, owner of The Flower Pot in Knoxville, Tenn., says that day is very important to business and even a couple of inches of snow could be trouble.

Business
4:09 am
Thu February 13, 2014

Fed Chief Yellen Testifies Without Market-Moving Mistake

Originally published on Thu February 13, 2014 6:29 am

The new head of the Federal Reserve made her debut this week in a marathon hearing before the House Financial Services Committee. Steve Inskeep talks to David Wessel, director of the Hutchins Center at the Brookings Institution about Janet Yellin's first days as chair of the Fed, and what message she sent to Congress in six hours of testimony.

The Two-Way
11:22 pm
Wed February 12, 2014

Reports: Comcast To Buy Time Warner

Comcast is expected to announce its acquisition of Time Warner on Thursday, various media outlets report.

Bloomberg, citing "four people familiar with matter," says Comcast will buy the cable company for about $44 billion, "combining the largest two U.S. cable companies in an all-stock deal."

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Economy
11:01 am
Wed February 12, 2014

Fixing Poverty Is More Complicated Than Handing Out Cash

Originally published on Wed February 12, 2014 12:43 pm

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. It's been 50 years since President Lyndon Johnson declared a war on poverty so all this year we've been looking at poverty here in the U.S. We've been talking about strategies to end poverty, what's worked, what hasn't and what's on the table because according to the U.S. Census, the rate of poverty seems to be stuck at 15 percent. That's about 46 million people.

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