Business and Economy

All Tech Considered
3:45 pm
Wed July 16, 2014

Visa Makes Big Move To Boost Consumer Spending Online

Visa Checkout will store customers' credit card numbers and billing addresses once without their having to re-enter the information each time they shop online.
Visa

Originally published on Fri July 18, 2014 10:28 am

Here's an experience many of us have had: You're shopping on your smartphone. You click on the shoes or books you want. But then, when you get to the shopping cart, you abandon ship.

Visa says that's a big problem for retailers. On Wednesday, the credit card company announced it's rolling out a brand new system designed to get us to spend more money online.

One Password, Many Tokens

Visa is actually trying to fix two problems with one swipe.

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Media
3:19 pm
Wed July 16, 2014

Time Warner Rebuffs Rupert Murdoch's Big-Dollar Bid For Media Giant

Originally published on Wed July 16, 2014 7:02 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel. There are few media companies bigger than 21st Century Fox and Time Warner. And today came reports of a possible merger that would create a huge new empire. If Rupert Murdoch's 21st Century Fox bought Time Warner, all of these media brands could have the same owner. (SOUNDBITE OF TV SHOW, "THE SIMPSONS")

UNIDENTIFIED SINGER: (Singing) The Simpsons...

(SOUNDBITE OF ARCHIVED BROADCAST)

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Law
3:19 pm
Wed July 16, 2014

With New Virtual Currency Rules, N.Y. Regulators Tread A Fine Line

Originally published on Thu July 17, 2014 6:31 am

Transcript

ROBERT SIEGEL, HOST:

Banking regulators in New York State are expected to release new rules this week governing Bitcoins and other virtual currencies. From member station WSHU Charles Lane reports that many industry experts welcome the regulations but some worry that they could end up limiting the creative potential of this new way of doing business.

CHARLES LANE, BYLINE: In many ways virtual currencies are just like old-fashioned money. You can buy furniture, books, beer, whatever. But some say it's even better than money.

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All Tech Considered
1:32 pm
Wed July 16, 2014

Don't Fire The Comcast Guy, Says Caller Who Tried To Cancel

We don't know the fate of the Comcast service rep at the center of a viral call recording.
iStockphoto

Originally published on Thu July 17, 2014 4:12 pm

Ryan Block, whose hilariously tedious customer service experience with Comcast struck a chord with millions, says the customer service rep who harangued him should not be fired.

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Goats and Soda
11:19 am
Wed July 16, 2014

Move Over Hong Kong: The World's Priciest Cities Are In Angola And Chad

Photos of Luanda, Angola, tell a tale of two cities: sprawling poor neighborhoods and a glitzy waterfront.
Saul Loeb/Getty Images; Michael Gottschalk/Getty Images

Originally published on Wed July 16, 2014 12:23 pm

Ask someone to guess the world's two most expensive cities and it's a safe bet that the capitals of Chad and Angola — two of Africa's more impoverished nations — won't leap to mind. Geneva, perhaps, the home of Rolex watches, or one of those moneyed Asian capitals — Hong Kong, Shanghai, Singapore or Tokyo — or maybe, if you're thinking Nordically, somewhere in Scandinavia, somewhere like, say, Oslo, where a beer in a pub can famously set you back $15.

But Luanda? N'djamena?

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Business
9:32 am
Wed July 16, 2014

Murdoch Says His Bid For Rival Time Warner Was Rejected

Rupert Murdoch's 21st Century Fox confirmed that it made an offer to buy the owner of HBO, Warner Bros., TBS and CNN but got shot down.

The Two-Way
7:54 am
Wed July 16, 2014

Murdoch Confirms A Spurned Bid For Time Warner

Originally published on Wed July 16, 2014 9:43 am

Rupert Murdoch's 21st Century Fox says it sought to buy Time Warner last month, confirming reports of a deal that would have reshaped America's media landscape. The offered price, which Time Warner rejected, was reportedly $80 billion.

The deal would have put HBO, CNN and other Time Warner properties under the same corporate umbrella as Fox News, a situation that The New York Times said would have forced the sale of CNN.

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The Two-Way
7:28 am
Wed July 16, 2014

EEOC Announces Tougher Rules Protecting Pregnant Workers

The Equal Employment Opportunity Commission's new guidance states that employers who allow parental leave must provide it to men and women equally.
Yuri Arcurs iStockphoto

Originally published on Wed July 16, 2014 9:32 am

Discrimination against female workers who might get pregnant in the future, or have been pregnant in the past, is against the law, the Equal Employment Opportunity Commission said this week. For the first time in 30 years, the agency has updated its rules against pregnancy discrimination.

The agency clarified several policies, including one that spells out when businesses may have to provide pregnant workers light duty and another that bans employers from forcing a pregnant worker to take leave even in cases when she's able to continue on the job.

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NPR Ed
7:21 am
Wed July 16, 2014

Students React To The Closure Of A Giant For-Profit College

Everest Institute in Boston.
Mallory Noe-Payne WGBH

Originally published on Wed July 16, 2014 10:49 am

Listen to this story on Morning Edition.

After a long reign as the fastest-growing and most problematic sector in higher education, for-profit colleges are on the ropes.

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NPR Story
4:02 am
Wed July 16, 2014

Apple Teams Up With Former Rival On Business App

Originally published on Wed July 16, 2014 9:32 am

Transcript

RENEE MONTAGNE, HOST:

NPR's Business News starts with old rivals teaming up. Apple and IBM were intense competitors 30 years ago during the early days of the personal computer. But now, in the mobile age, the two companies have struck a deal to develop business apps. The hope is to translate IBM's vast corporate computing services into easy-to-use apps. The deal also includes plans to sell iPhones and iPads to IBM's corporate customers, expanding Apple's traditional customer base beyond consumers. Transcript provided by NPR, Copyright NPR.

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