Business and Economy

NPR Story
5:09 am
Thu May 1, 2014

Doge At 'Dega: Dogecoin Sponsors Race Car

Phil Parsons Racing

Originally published on Thu May 1, 2014 10:54 am

Dogecoin users, it turns out, are passionate about underdogs. At Talladega Superspeedway this Sunday, one of the cars running will stand out from the rest.

Dogecoin is the digital currency that's similar to Bitcoin. (Doge is a slang term for "dog" used in Internet memes. There's a famous image of a puzzled-looking dog that's been a viral hit and it's also the currency's mascot.)

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Around the Nation
4:13 am
Thu May 1, 2014

Seattle Proposal Would Raise City's Minimum Wage To $15 An Hour

Originally published on Fri May 9, 2014 2:24 pm

Transcript

STEVE INSKEEP, HOST:

The minimum wage may go up anyway in Seattle. Politicians there want to raise the local minimum higher than current 7.25, and higher than President Obama's goal of 10.10. [POST-BROADCAST CORRECTION: Seattle's current minimum wage, like all of Washington state's, is $9.19 per hour.] Seattle is seriously considering setting the minimum wage at $15.

Here's NPR's Martin Kaste.

UNIDENTIFIED WOMAN: Seattle - 15, 15, 15!

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Politics
4:12 am
Thu May 1, 2014

Senate Republicans Block Bill To Raise Federal Minimum Wage

Originally published on Thu May 1, 2014 6:35 am

One of the Democrats top election themes this year was stopped cold in the Senate on Wednesday. Republicans successfully blocked Democrats from even taking up a bill to raise the minimum wage.

Economy
4:11 am
Thu May 1, 2014

China Could Pass U.S. As Top Economy This Year

Originally published on Wed May 7, 2014 12:46 pm

Transcript

STEVE INSKEEP, HOST:

The United States economy has been the largest in the world since the days when Ulysses S. Grant was president. That was in the 1870s. But a new World Bank report says by one measure that could change by the end of this year: China would take over the top spot this year.

To explain what the new report means and what it doesn't, we turn to NPR's Frank Langfitt. He's on the line from Shanghai. Hi, Frank.

FRANK LANGFITT, BYLINE: Good morning, Steve.

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Business
4:11 am
Thu May 1, 2014

50 Years Of BASIC

Originally published on Mon May 5, 2014 4:00 pm

Transcript

STEVE INSKEEP, HOST:

NPR's Joe Palca is in our studios and he's brought along a piece of paper. Joe, what's it say?

JOE PALCA, BYLINE: It says, let X equal seven plus eight divided by three.

INSKEEP: It sounds like kind of a mathematical equation there.

PALCA: It's actually a line of computer code and it was part of the first very short program ever run in a language called BASIC.

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All Tech Considered
4:25 pm
Wed April 30, 2014

High-Tech Maker Spaces: Helping Little Startups Make It Big

A member works in the electronics lab at NextFab Studios in Philadelphia. Members pay for access to computers and high-end machines like laser cutters and 3-D printers.
Jon Kalish

Originally published on Wed June 4, 2014 4:20 pm

Around the country, there are lots of tinkerers working on what they hope will be the next brilliant idea — but who don't have the tools in their garage to build it.

In dozens of cities, those innovators can set up shop in a "maker space" — community workshops where members have access to sophisticated tools and expertise.

Maker spaces have become hotbeds of technological innovation and entrepreneurship. Now, governments, universities and big corporations are taking notice — and beginning to invest in them.

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The Salt
4:00 pm
Wed April 30, 2014

Renegade Cider Makers Get Funky To Cope With Apple Shortage

Nat West, owner of Reverend Nat's Hard Cider in Portland, Ore., uses sweet apples to make cider, and gives it an extra kick with ginger juice, herbal tonics, coffee and hops.
Courtesy of Reverend Nat's Hard Cider

Originally published on Tue May 6, 2014 9:31 am

For centuries, hard apple cider has been made with the fermented juice of apples — nothing more, nothing less. And a lot of cider drinkers and makers — let's call them purists — like it that way.

But a new wave of renegade cider makers in America is shirking tradition and adding unusual ingredients to the fermentation tank — from chocolate and tropical fruit juices to herbs, chili peppers and unusual yeasts. Their aim — which is controversial among the purists — is to bring out the best, or just the weirdest, flavors in the ciders.

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All Tech Considered
3:53 pm
Wed April 30, 2014

Twitter CEO Hopes To Attract Users By Clearing The Clutter

Twitter CEO Dick Costolo says the company has to bridge the gap between the brand's global awareness and user engagement.
Ethan Miller Getty Images

Originally published on Fri May 2, 2014 1:48 pm

Twitter is growing and its brand is spreading but Wall Street is unimpressed. On Tuesday, the company announced it had doubled its quarterly revenue from a year ago to $250 million. The social networking site also increased its number of active users to 255 million, up 25 percent from a year earlier.

But despite the gains, Wall Street analysts have called the growth tepid. Twitter went public last November, and its shares have traded as high as $74; on Wednesday, it opened at under $38.

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Energy
3:00 pm
Wed April 30, 2014

Widening Sanctions On Russia Rattle Some In Western Oil Industry

Originally published on Wed April 30, 2014 5:18 pm

Transcript

ROBERT SIEGEL, HOST:

The new sanctions that the U.S. and the EU imposed on Russia this week have done little to quell the violence in eastern Ukraine, but they have shaken Western oil and gas companies that have ongoing projects in Russia. The sanctions didn't specifically target Russia's energy sector, but as NPR's Jackie Northam reports, they're coming close to a largely state-owned oil giant.

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News
3:00 pm
Wed April 30, 2014

Slow Growth For U.S. Economy, But Fed Plans Are Full Speed Ahead

Originally published on Wed April 30, 2014 5:18 pm

The economy slowed sharply in the first quarter, with data released Wednesday showing that growth was barely positive. Federal Reserve policymakers wrapped up a meeting Wednesday with a statement saying the economy had actually picked up a bit in recent weeks. They voted unanimously to continue winding down their stimulus program.

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