Business and Economy

Business
8:56 am
Thu May 8, 2014

Drug Industry Moves To Cut Costs, Banks On Future Big Sellers

Originally published on Sun May 11, 2014 5:32 pm

Transcript

RENEE MONTAGNE, HOST:

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Business
7:32 am
Thu May 8, 2014

Advocates Back Paid Sick Leave, But Opponents Won't Cough It Up

Activists hold signs during a rally on Jan. 18, 2013, at New York's City Hall to call for immediate action on paid sick days legislation in light of the continued spread of the flu. Last month, New York City began requiring employers to provide paid sick days, joining the ranks of other cities such as Washington, Seattle and San Francisco.
Mary Altaffer AP

Originally published on Wed May 14, 2014 1:03 pm

If you've ever seen your waiter sneeze, you may have asked for a different server. If you've seen one sneeze repeatedly, you might wonder why he's still at work, serving tainted food.

See, most restaurant workers don't get paid when they stay home sick. But, some go to work anyway, when they've got the sniffles or worse, because they need the paycheck.

For labor advocates, that's a problem.

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Business
6:58 am
Thu May 8, 2014

Silent Tracks Earn Indie Band $20,000 In Royalties

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: silence is golden.

An indie band in Michigan recently made an odd request of its fans.

RENEE MONTAGNE, HOST:

The band Vulfpeck uploaded an album on the Spotify music site called "Sleepify." It contained 30-second tracks of silence. They encourage fans to keep playing the silence while they sleep. This is meant to earn royalties. Spotify pays a fraction of a penny each time a song is played, and the same apparently, with hitting play on silence.

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Law
1:17 am
Thu May 8, 2014

Legendary D.C. Law Firm To Pay Chevron In Ecuador Pollution Case

Originally published on Thu May 8, 2014 8:04 am

A long-running legal battle between a legendary Washington law and lobbying firm and a major oil company has been settled.

D.C.-based Patton Boggs has agreed to pay Chevron $15 million to settle a case that centers on pollution from drilling activity in the rainforests of Ecuador.

The case has gone on for more than four years, and the stakes were enormous for the two powerhouses.

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The Two-Way
7:27 pm
Wed May 7, 2014

Colorado Approves Financial System For Marijuana Industry

Colorado lawmakers have voted to create the a financial system for the state's burgeoning legal marijuana industry.

After Colorado legalized pot in 2013, it still had no financial mechanism for legal marijuana businesses. Washington has also approved the sale of marijuana for recreational purposes.

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Code Switch
5:57 pm
Wed May 7, 2014

After 6 Decades, 'Jet' Magazine Decides To Go All-Digital

Jet magazine founder John H. Johnson started the publication to spotlight black achievements and report on events that he thought were important to black communities. But as the media and political landscape around Jet changed, the magazine struggled.
Ted S. Warren AP

Originally published on Wed May 7, 2014 7:33 pm

When I was growing up, my aunt used to stack dozens of magazines high on a side table at the top of her stairs. It was an accidental library of black magazines — lots of Ebony and Essence, the stray Black Enterprise here and there, but especially the digest-sized Jet. When I was at that age where kids want to consume every written word, I would blow through those old issues of Jet by the pile. That's probably the only real way to "read" Jet, since every article seemed to be shorter than 300 words. It was black news, bite-size.

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Environment
5:04 pm
Wed May 7, 2014

When Colleges Ditch Coal Investments, It's Barely A Drop In The Bucket

Some universities have stopped investing in coal companies, but many others don't see the point. An aerial view of the Coal Hollow Mine in Utah in 2012.
Ethan Miller Getty Images

Originally published on Tue June 10, 2014 8:59 am

If the students at Stanford University believe they sent the coal industry a strong message this week, they should think again. The school's decision to eliminate coal from its portfolio did not send shock waves through the industry. In fact, representatives say it will have no financial impact on the industry at all. Nor will it curb the growing demand around the world for coal-generated electricity.

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War On Poverty, 50 Years Later
4:11 pm
Wed May 7, 2014

One Family's Story Shows How The Cycle Of Poverty Is Hard To Break

Desiree Metcalf, here with one of her three daughters, is one of many poor Americans who find themselves trapped in a system meant to help.
Pam Fessler NPR

Originally published on Tue June 10, 2014 8:59 am

Desiree Metcalf's story is heartbreaking, but among the 46 million Americans who are poor today, her story is not unique.

Metcalf is 24 years old.

She's the mother of three little girls — ages 6, 4 and 2. They all have different fathers.

"That about sums me up, I think," she says.

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The Salt
3:45 pm
Wed May 7, 2014

For Many, Farming Is A Labor Of Love, Not A Living

Miller with one of his cows.
Dan Charles NPR

Originally published on Tue June 10, 2014 8:59 am

Every five years, the U.S. Department of Agriculture carries out a census of farmers: who they are, and what they are doing on their farms.

The agency just released the latest one, and it's a feast for all ag geeks. And here's the very first, most basic piece of new information: There are 2,109,303 farmers in this country.

But look a little closer at that number, and you can see that it's not quite what it seems. Most of those farmers are not actually making a living by farming.

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The Two-Way
9:43 am
Wed May 7, 2014

Brunei's Shariah Law Spurs Boycott Of Beverly Hills Hotel

People protest outside the Beverly Hills Hotel, which is owned by the Sultan of Brunei, over the country's Shariah law penal code in Beverly Hills, Calif., on Monday.
Jonathan Alcorn Reuters /Landov

Originally published on Wed May 7, 2014 3:20 pm

The Beverly Hills City Council voted Tuesday night to ask the government of Brunei to divest itself of the famed Beverly Hills Hotel.

At issue: Shariah, or Islamic, law. Last week, Brunei, a tiny oil-rich kingdom in southeast Asia, adopted Shariah as part of its penal code. The law, which will be introduced in phases, makes abortion, adultery and gay relationships punishable by flogging and stoning.

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