Business and Economy

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.

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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.

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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.

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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.

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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.

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NPR Story
4:22 am
Wed February 12, 2014

Tennessee Volkswagen Workers Vote On UAW Membership

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

In Chattanooga on Wednesday, workers at Volkswagen's auto plant will vote on whether to unionize. This is billed as the most closely watched unionization vote in the South in decades.

Art & Design
2:39 am
Wed February 12, 2014

At Last, New York Fashion Week Brings 'Good News For Real People'

Needleman says The Row has created an oversized sweater and sweater-skirt "that looks like if you were to lay down, you could just wrap it over yourself like a blanket and go to sleep."
Arno Frugier The Row Fall 2014 Collection

Originally published on Wed February 12, 2014 8:27 am

This year, the models on the runway at New York Fashion Week look downright comfortable — and Deborah Needleman, editor in chief of T: The New York Times Style Magazine, says that's "good news for real people."

In the semi-annual event, fashion editors and store buyers attend elaborate runway shows staged in tents at Lincoln Center and other locations around New York City. Designers present clothes to them that consumers may see in stores in the fall.

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The Two-Way
8:15 pm
Tue February 11, 2014

NBC's Tom Brokaw Announces He Has Cancer, Says He's 'Optimistic'

Tom Brokaw, seen here at an event in Silver Spring, Md., last year, was diagnosed with a form of cancer last August.
Kris Connor Getty Images

Tom Brokaw, the NBC News correspondent who for years was one of America's favorite news anchors, has been diagnosed with multiple myeloma, a cancer that affects blood cells in bone marrow, the network says.

Saying that Brokaw "and his physicians are very encouraged with the progress he is making" as he undergoes treatment, NBC released a statement on Brokaw's behalf. Here it is:

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