Business and Economy

The Two-Way
6:33 am
Tue May 12, 2015

Verizon Inks $4.4 Billion Agreement To Buy AOL

The AOL logo is posted on a sign in front of the AOL Inc. offices in Palo Alto, California.
Justin Sullivan Getty Images

Originally published on Tue May 12, 2015 9:02 am

Verizon Communications has agreed to pay $4.4 billion to buy AOL Inc.

In a press release, Verizon said the all-cash acquisition will help build its digital and video platforms.

The Wall Street Journal explains:

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Business
6:22 am
Tue May 12, 2015

IKEA Offers Breakfast In Bed

Originally published on Tue May 12, 2015 7:12 am

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

Business
4:34 am
Tue May 12, 2015

Shell Gets Interior Department's Ok To Drill Off Alaska's Arctic Shore

Originally published on Tue May 12, 2015 7:12 am

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

Transcript

STEVE INSKEEP, HOST:

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It's All Politics
4:09 am
Tue May 12, 2015

Sen. Warren On The 'Tilted Process' Of Asia Trade Bill

Sen. Elizabeth Warren has been a leading voice on the left against the Trans-Pacific Partnership, the president's signature trade initiative.
Mark Wilson Getty Images

Originally published on Tue May 12, 2015 12:06 pm

The Senate could begin debate Tuesday on a bill that would give President Obama fast-track authority to complete a Pacific Rim trade agreement.

The Trans-Pacific Partnership has become the president's signature trade initiative, but it is also very unpopular with Democrats.

Leading the charge from the left against the deal in Congress is Sen. Elizabeth Warren from Massachusetts. She says the TPP could result in the watering down of Wall Street regulations put in place by the Dodd-Frank Act, after the 2008 financial crisis.

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The Salt
2:45 am
Tue May 12, 2015

Sheep Ranchers Count On American Muslims To Keep Lamb On Menu

Sheep are sold in small lots like this one at the Centennial Livestock Auction in Fort Collins, Colo.
Luke Runyon/Harvest Public Media/KUNC

Originally published on Tue May 12, 2015 2:23 pm

Sheep ranchers, feedlot owners, and processors in states like Colorado, Nebraska and Illinois are banking on America becoming a more diverse place.

Specifically, they want American Muslims to buy more of their lamb.

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Parallels
8:00 pm
Mon May 11, 2015

Brazil's World Cup Legacy Includes $550M Stadium-Turned-Parking Lot

Brazil spent billions renovating and building World Cup stadiums. Almost a year after the tournament ended, the nation is still trying to figure out what to do with them. The Mane Garrincha Stadium in Brasilia, Brazil (shown here in April 2014), was the most expensive of the stadiums — at a cost of $550 million — and is now being used as a bus parking lot.
Eraldo Peres AP

Originally published on Tue May 12, 2015 9:20 am

It has been almost a year since the World Cup in Brazil. The party is long over, but the country is still dealing with the hangover — in the form of "white elephant" stadiums and unfinished infrastructure projects. They come at a time when the country faces economic woes and the prospect of another expensive mega event: next year's summer Olympics.

The most expensive World Cup stadium — located in the capital, Brasilia, and with a price tag of $550 million — is being used as a parking lot for buses.

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The Salt
5:10 pm
Mon May 11, 2015

Why Food Companies Should Be More Afraid Of Water Scarcity

Coca-Cola cans on a production line at a bottling plant near New Delhi in 2013. The company decided in April 2015 not to build an $81 million bottling plant in southern India because local farmers said it might exhaust groundwater supplies.
Prakash Singh AFP/Getty Images

Originally published on Tue May 12, 2015 8:50 am

America's biggest food production companies face a growing threat of water scarcity, according to a new report from Ceres, an environmental sustainability group.

Producing food, after all, requires more water than almost any other business on Earth. And the outlook isn't pretty: One-third of food is grown in areas of high or extremely high water stress, while pollution and climate change are further limiting supplies of clean water around the world.

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All Tech Considered
4:22 pm
Mon May 11, 2015

Using Investments And Technology To Rebuild Hawaii's Koa Forests

Hawaiian Legacy Hardwoods has created an Internet interface so customers can zoom in and view information about specific koa trees from their computers.
Courtesy of Hawaiian Legacy Hardwoods

Originally published on Mon May 11, 2015 8:00 pm

As with tropical trees around the world, the koa forests of Hawaii have been decimated — cut down to make way for sugar plantations and cattle ranches. One company is using an innovative business model to bring back koa forests. The secret is a digital tag that helps track individual trees.

At upscale Hawaiian shopping malls like Kings' Shops, wood from the native koa tree is in high demand. Its color ranges from light to dark brown. Koa's curving lines make it popular for furniture, or ukuleles.

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Business
4:21 pm
Mon May 11, 2015

New York Announces Crackdown On Nail Salons

Originally published on Tue May 12, 2015 2:57 pm

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

Transcript

AUDIE CORNISH, HOST:

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All Tech Considered
3:50 pm
Mon May 11, 2015

Why California Farmers Are Conflicted About Using Less Water

Tanimura & Antle workers use tractors to install drip tape into fields that will be used to grow lettuce and other crops in California's Salinas Valley.
Aarti Shahani NPR

Originally published on Wed May 13, 2015 2:39 pm

The drought across much of the Western U.S. is now in its fourth year. In California — where it's the most intense — farms are not under the same strict orders to conserve as cities are.

And inside the agriculture industry, farmers are quietly debating how best to respond to the drought. Given uncertainty around pending state regulations, some say there may be an incentive to not invest in water-saving technologies right now.

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