Business and Economy

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."

Read more
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.

Read more
Shots - Health News
9:25 am
Wed February 12, 2014

The High Cost Of Treating People Hospitalized With West Nile Virus

Small but costly: Dozens of mosquito species carry West Nile virus in the U.S.
Darren McCollester Getty Images

Originally published on Wed February 12, 2014 4:11 pm

Fifteen years ago an unwelcome viral visitor entered the U.S., and we've been paying for it ever since.

The U.S recorded its first case of West Nile virus back in 1999. Since then, the disease has spread across the lower 48 states and cost the country around $800 million, scientists reported this week in the American Journal of Tropical Medicine and Hygiene.

Read more
Business
6:03 am
Wed February 12, 2014

Al Capone's Florida Villa Is Up For Sale

Originally published on Wed February 12, 2014 6:57 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is a real estate offering you can't refuse.

It showcases the 1920s mob life. Al Capone's Florida villa is back on the market. Queue music.

(SOUNDBITE OF SOUNDTRACK FROM THE MOVIE, "THE GODFATHER")

RENEE MONTAGNE, HOST:

The 10,000 square foot waterfront home lets you sleep just near enough to the fishes, but not actually with them.

Read more
Business
6:03 am
Wed February 12, 2014

Virgin America To Go Public

Originally published on Wed February 12, 2014 6:57 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a highflying IPO.

(SOUNDBITE OF MUSIC)

MONTAGNE: Virgin America aims to go public this year after recording its first profits since it was founded 10 years ago. Barclays and Deutsche Bank will co-lead the IPO.

Virgin Airlines is currently backed by billionaire Sir Richard Branson. And it was last year is Conde Nast traveler reader's choice pick for best airline. The IPO is slated for the second half of the year. Transcript provided by NPR, Copyright NPR.

Food
5:32 am
Wed February 12, 2014

Shanghai Warms Up To A New Cuisine: Chinese Food, American-Style

The majority of patrons at Shanghai's Fortune Cookie restaurant are foreigners, particularly Americans who crave the American-Chinese food they grew up with but can't find in China.
Frank Langfitt NPR

Originally published on Wed February 12, 2014 10:25 am

Imagine living in China and missing Chinese food. It happens. American expatriates who grew up with popular takeout dishes like General Tso's chicken can't find it in China because it essentially doesn't exist here.

Much of the Chinese food we grew up with isn't really Chinese. It's an American version of Chinese food. Chinese immigrants created it over time, adapting recipes with U.S. ingredients to appeal to American palates.

Read more
Business
5:16 am
Wed February 12, 2014

Can Underfunded Community Colleges Provide More Job Training?

Originally published on Wed February 12, 2014 6:57 am

Transcript

RENEE MONTAGNE, HOST:

Community college leaders are in Washington this week, pushing for a bigger role in getting more people to enroll in two-year schools. They're also pushing the job training that business and industry say they desperately need.

Still, community colleges are significantly underfunded. And as NPR's Claudio Sanchez reports, it's unclear whether these schools can open their doors to more people or offer programs that are likely to cost a lot more.

Read more
Business
5:13 am
Wed February 12, 2014

U.S. To Ban Commercial Trade Of Elephant Ivory

Originally published on Wed February 12, 2014 6:57 am

Transcript

STEVE INSKEEP, HOST:

We heard elsewhere in our program that conservation experts are meeting in London this week to try to crack down on the trade in illegal wildlife. Here in Washington, the White House announced yesterday new restrictions on the import and sale of African elephant ivory.

NPR's Elizabeth Shogren reports.

ELIZABETH SHOGREN, BYLINE: Elephant ivory goes for $1,500 a pound. Rhino horn is worth its weight in gold - $45,000 a pound. Dan Ashe heads the Federal Fish and Wildlife Service.

Read more
Business
5:07 am
Wed February 12, 2014

CVS Stock Rises Ahead Of Lost Tobacco Sales

Originally published on Wed February 12, 2014 6:57 am

Transcript

STEVE INSKEEP, HOST:

Less than a week after CVS announced its decision to stop selling tobacco products, the company's stock is on the rise. Share prices were up 2.3 percent yesterday, after posting higher-than-expected quarterly profits.

RENEE MONTAGNE, HOST:

NPR Story
4:22 am
Wed February 12, 2014

Mass. Suit Aims To Clarify Religious Groups' Latitude In Hiring

Originally published on Wed February 12, 2014 6:57 am

Transcript

RENEE MONTAGNE, HOST:

And when it comes to hiring pastors and teachers, religious organizations - churches and schools - are exempt from most laws against discriminating and employment. Now a lawsuit in Massachusetts aims to clarify how much leeway those institutions have. For example, can they discriminate against people in same-sex marriages for non-religious jobs like gym teacher or cafeteria worker? NPR's Tovia Smith reports.

TOVIA SMITH, BYLINE: Matthew Barrett thought he'd scored his dream job when he was hired to be the boss of a school cafeteria.

Read more

Pages