Business and Economy

Business and Economy
1:26 pm
Mon May 5, 2014

Miller: Kansas Downgrade Should Serve As A 'Wake-Up Call' To Oklahoma

Oklahoma Treasurer Ken Miller is warning state policymakers that a reduction in Kansas' bond rating should serve as a "wake-up call" that a potential downgrade could happen in Oklahoma, despite the state's growing economy.

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The Salt
11:03 am
Mon May 5, 2014

The Lime Shortage: Still Messing With Your Margarita

Lime lovers, take heart: The shortage won't last forever.
iStockphoto

Originally published on Mon May 5, 2014 12:42 pm

If you're hunting for limes to squeeze into margaritas or to stir into guacamole for your Cinco de Mayo celebration Monday, be prepared for sticker shock, empty shelves, or both.

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Planet Money
10:48 am
Mon May 5, 2014

Most Americans Make It To The Top 20 Percent (At Least For A While)

promo
Quoctrung Bui/NPR

Originally published on Mon May 5, 2014 2:07 pm

We often talk about income as if it's this fixed thing. Those people over there are the 1 percent. These over here live in poverty. That other group is the people in the top 20 percent. That's not the way it is.

While economic mobility hasn't increased in this country over the past few decades, there is still churn. Lots of people move up and down the income ladder over the course of a career.

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The Two-Way
7:16 am
Mon May 5, 2014

In Wake Of Massive Data Breach, Target CEO Steps Down

Originally published on Mon May 5, 2014 10:16 am

In the wake of a massive data breach that exposed the personal information of about 70 million customers last year, Target CEO Gregg Steinhafel is stepping down, the retailer's board announced in a statement Monday.

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All Tech Considered
6:40 am
Mon May 5, 2014

You Love Pinterest. Find Out Why The Police Do, Too

Pinterest users helped police in Redwood City, Calif., reunite stolen property with its owners.
Pinterest

Originally published on Mon May 5, 2014 7:20 am

Plenty of people use Pinterest to find things — purses, posh hotels, eggplant parm recipes — but the rightful owner of a charm bracelet stolen 30 years ago? Leave that to the police.

In February, when an officer in Redwood City, Calif., discovered bags of stolen jewelry in the trunk of a car during a routine traffic stop, Detective Dave Stahler turned to social media — in hopes of tracking down the owner of a charm bracelet stamped with names and dates.

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Business
6:39 am
Mon May 5, 2014

Portugal To Exit EU Bailout Program

Originally published on Mon May 5, 2014 6:40 am

After this month, officials in Portugal say they will no longer need further assistance form the European Union bailout plan.

Business
4:36 am
Mon May 5, 2014

David Weil To Begin Serving As First Wage And Hour Administrator

Originally published on Mon May 5, 2014 6:40 am

Transcript

STEVE INSKEEP, HOST:

A Boston University economist will become the nation's Wage and Hour administrator when he's sworn in today. David Weil will enforce laws, like the minimum wage and the 40-hour week. Even though Weil is a business professor, some business interests are expressing concern about his appointment.

Here's Chip Mitchell of member station WBEZ.

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Politics
4:21 am
Mon May 5, 2014

Senate May Bypass White House And Approve Keystone XL Pipeline

Originally published on Mon May 5, 2014 6:40 am

The Senate is expected to vote soon on the controversial pipeline. Supporters introduced the bill after the White House put its approval process on hold indefinitely because of a legal dispute.

Business
4:00 am
Mon May 5, 2014

Buffett Defends Coke Position At Berkshire Hathaway Meeting

Originally published on Mon May 5, 2014 8:29 am

Warren Buffett is under fire for not opposing Coca-Cola's executive compensation plan more aggressively. Buffett spoke about his decision at a shareholder meeting for his company Berkshire Hathaway.

NPR Story
4:00 am
Mon May 5, 2014

Naked Cowboy Switches From Briefs To Boxers

Originally published on Mon May 5, 2014 6:40 am

Transcript

RENEE MONTAGNE, HOST:

Today's last word in business is: A change of underwear.

New York City's Robert Burck is a Times Square street performer known as the Naked Cowboy.

STEVE INSKEEP, HOST:

There's a bit of exaggeration in calling him naked, but only a bit. Mr. Burck performs wearing only a guitar, a 10-gallon hat, cowboy boots and a pair of white briefs. Starting tomorrow, he trades in the briefs for a set of boxers - for a fee.

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