Business and Economy

The Two-Way
10:59 am
Tue April 29, 2014

NBA Hits Clippers Owner Sterling With Lifetime Ban, $2.5 Million Fine

NBA Commissioner Adam Silver announces a lifetime ban and a $2.5 million fine for Los Angeles Clippers owner Donald Sterling Tuesday. Silver said the league verified an audio recording of Sterling making racist remarks.
Elsa Getty Images

Originally published on Tue April 29, 2014 10:43 pm

Update at 2:15 p.m. ET: NBA Bans Sterling, Levies $2.5 Million Fine

The NBA is banning Los Angeles Clippers owner Donald Sterling, league Commissioner Adam Silver announced Tuesday, saying that its investigation has verified Sterling made racist comments in an audio recording that was made public Friday.

Saying that the NBA's investigation included a discussion with Sterling, Silver stated that the views he expressed "are deeply offensive and harmful."

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Your Money
10:37 am
Tue April 29, 2014

Getting Back Your Unclaimed Cash

Originally published on Tue April 29, 2014 11:40 am

Transcript

MARTIN MARTIN, HOST:

Now to matters of personal finance. We often talk about ways to keep more money in your wallet, whether through better budgeting or avoiding scams. But it turns out there is some money that might actually be sitting around trying to get into your pockets.

How is this possible, you say. Unclaimed funds. It turns out, according to our friend, consumer columnist Sheryl Harris, you often have money tucked away that you didn't know about, just like those coins in a sofa cushion, only better. Right, Sheryl?

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Economy
5:32 am
Tue April 29, 2014

Fed Meeting To Examine Post-Recession Job Market Strength

Originally published on Tue April 29, 2014 11:52 am

Transcript

DAVID GREENE, HOST:

Officials at the Federal Reserve will be meeting today and tomorrow. And one thing that will determine their actions is the employment situation in the country. Now, there's some disagreement among economists - both inside and outside the Fed - over how close the job market is to regaining its pre-recession strength.

To find out more, we turn as we often do to David Wessel. He's director of the Hutchins Center at the Brookings Institution and a contributor to the Wall Street Journal. David, good morning.

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Business
5:23 am
Tue April 29, 2014

Port Truckers In Savannah, Ga., Support Calif. Protest

Originally published on Tue April 29, 2014 11:52 am

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

NPR's business news starts with a truckers strike.

(SOUNDBITE OF MUSIC)

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Economy
5:21 am
Tue April 29, 2014

How Much Will New U.S. Sanctions Affect Russia?

Originally published on Tue April 29, 2014 11:52 am

Transcript

STEVE INSKEEP, HOST:

Let's examine just how much U.S. sanctions could affect Russia. President Obama yesterday announced the latest measures aimed at punishing Russia for its links to violence in Eastern Ukraine. Russia is accusing the U.S. and its allies in Europe and Japan of resorting to Cold War tactics.

NPR's Corey Flintoff is covering this story from Moscow. Hi, Corey.

COREY FLINTOFF, BYLINE: Good morning, Steve.

INSKEEP: So what will the latest sanctions do?

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Around the Nation
4:17 am
Tue April 29, 2014

Kansas Town Destroyed By Tornado Spreads Blame For Lack Of Growth

Originally published on Wed April 30, 2014 1:25 pm

Transcript

DAVID GREENE, HOST:

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NPR Story
4:17 am
Tue April 29, 2014

'To Kill A Mockingbird' Goes Digital

Originally published on Tue April 29, 2014 11:52 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: Digital Mockingbird.

Yesterday, on her 88th birthday, author Harper Lee announced that her classic novel "To Kill A Mockingbird" will finally be made available as an e-book and a digital audio book. It was first printed on old fashion paper in 1960 and still sells over a million copies per year.

DAVID GREENE, HOST:

In a statement, the reclusive author proclaimed: I'm still old-fashioned. I love dusty old books and libraries. But she added: This is "Mockingbird" for a new generation.

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All Tech Considered
3:37 pm
Mon April 28, 2014

If We'd Only Known About The Impending Spam

1970s NPR logo.
NPR

Originally published on Tue April 29, 2014 1:10 pm

The memo arrived on paper.

Because it was 1994.

A notice, to all NPR staff, proclaiming, "Internet is coming to NPR!"

And there was no directive to log on to this fast-growing "organization," by the way. "If you do not want to use Internet," the memo read, "simply do nothing."

You can see more highlights from NPR's pre-Internet days at the Nprchives Tumblr.

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Space
3:37 pm
Mon April 28, 2014

To Save A Satellite, Former NASA Guy Takes Crowdfunding To Space

An artist's rendering depicts the satellite ISEE-3/ICE during its planned lunar fly-by in August 2014.
Mark Maxwell Courtesy ISEE-3 Reboot Project

Originally published on Mon April 28, 2014 5:18 pm

Keith Cowing discusses his campaign to save an old 1970s NASA spacecraft from becoming space junk. ISEE-3/ICE is a satellite that was once used to monitor space weather, but it's been unused for decades. NASA doesn't want to spend the money to bring it back to life, but Cowing and his colleagues are determined to do it. If they can raise $125,000 on a crowdfunding site called RocketHub, Cowing says they'll contact ISEE-3/ICE, wake it up and put it back to good use.

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All Tech Considered
3:37 pm
Mon April 28, 2014

As Kickstarter Evolves, Investors Watch For Next $1 Billion Idea

LIFX smart bulbs raised over $1 million on Kickstarter and a few million more from professional investors.
LIFX

Originally published on Thu May 1, 2014 12:12 pm

Most of the projects on Kickstarter are quirky, small and artisanal — take the example of the glow-in-the-dark dog collar — but in one corner of the online bazaar, the projects are about the numbers. Some investors visit Kickstarter in search of the next billion-dollar company.

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