Business and Economy

Business
5:21 am
Tue January 14, 2014

Google Buys Home Automation Company Nest

Originally published on Tue January 14, 2014 8:53 am

On Monday, Google announced it had purchased Nest Labs for $3.2 billion. Nest is focused on the "automated home" concept, making smoke detectors and thermostats that connect to the Internet. Google's purchase signals a strong interest in this arena.

Business
5:18 am
Tue January 14, 2014

More Workers Forced To Pick Up Pension Investment Risks

Originally published on Tue January 14, 2014 6:32 am

Transcript

RENEE MONTAGNE, HOST:

Boeing just extended its contract in Washington, keeping more than 10,000 jobs in state, partly by adjusting employees' pension plans. Last week, we heard on this program how these kinds of deals can cripple the middle class as corporations shift benefit costs from their books into the pockets their workers.

Today, Jacob Kirkegaard of the Peterson Institute for International Economics offers a counterpoint to David Greene, beginning with a breakdown of what that means for workers.

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All Tech Considered
2:36 am
Tue January 14, 2014

Security Experts Say Data Thieves Are Getting Harder To Fight

Target Co. estimates that at least 70 million individuals may have had information including their "names, mailing addresses, phone numbers or email addresses" stolen in a recent data breach.
Joe Raedle Getty Images

Originally published on Tue January 14, 2014 7:53 am

The recent disclosure that a large trove of customer information was stolen from Target, and now also from Neiman Marcus, points to growing vulnerabilities in cybersecurity. And experts say the problem is becoming more difficult to combat.

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All Tech Considered
5:46 pm
Mon January 13, 2014

Game Over For Nintendo? Not If Mario And Zelda Fans Keep Playing

Originally published on Wed January 15, 2014 4:09 pm

Some analysts say that Nintendo's days are numbered. Holiday sales of its new console, the Wii U, have been lackluster compared to Microsoft's Xbox One and Sony's PlayStation 4.

But since Nintendo still offers some of the most popular game franchises, the love of Zelda and Mario may keep the company going for a long time.

In preparation for this story, I put out a call to talk to die-hard Nintendo fans. I was inundated with responses. Among them, Brian White, 30, grew up playing the Zelda games.

Now he's got a daughter. "We named her Zelda," he says.

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All Tech Considered
4:36 pm
Mon January 13, 2014

Google Buys Nest, May Soon Know How Cool You Like Your Home

The Nest Learning Thermostat. The four-year-old company is now owned by Google.
Courtesy of Nest

Originally published on Mon January 13, 2014 7:14 pm

As further evidence that this is perhaps the year the Internet of everything really becomes a thing, Google paid $3.2 billion in cash for Nest, the home automation company that pioneered smart thermostats and lately,

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Economy
4:31 pm
Mon January 13, 2014

How The Hackers Did It: A Dicussion About Target's Data Breach

Originally published on Mon January 13, 2014 7:53 pm

Transcript

MELISSA BLOCK, HOST:

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Business
4:31 pm
Mon January 13, 2014

Ford's New F-150 May Pave The Way For More Aluminum Cars

At Detroit's North American International Auto on Monday, Ford unveiled the new F-150 with a body built almost entirely out of aluminum.
Carlos Osorio AP

Originally published on Mon January 13, 2014 7:53 pm

The North American International Auto show begins this week in Detroit, a preview of the most important car technology on the horizon. One of the stars of the show this year is the Ford F-150, a truck that's been the best-selling vehicle in the U.S. for decades. And it's by far Ford's most important model.

On Monday, the company unveiled a radically new more fuel-efficient redesign of the F-150 — featuring a lighter-weight aluminum body.

Aluminum's Advantages

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It's All Politics
4:22 pm
Mon January 13, 2014

Majority In Congress Are Millionaires

Rep. Darrell Issa, R-Calif., speaks on CBS's Face the Nation in Washington on Oct. 27. A new report lists Issa as the wealthiest member of Congress.
CHRIS USHER AP

For the first time in history, more than half the members of Congress are millionaires, according to a new analysis of financial disclosure reports conducted by the non-partisan Center for Responsive Politics.

Of the 534 current members of the House and Senate, 268 had an average net worth of $1 million or more in 2012 – up from 257 members in 2011. The median net worth for members of the House and Senate was $1,008,767.

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The Two-Way
11:44 am
Mon January 13, 2014

Japan's Suntory To Buy Maker Of Jim Beam, Maker's Mark

Three bourbon whiskeys.
Rick Wilking Reuters /Landov

Originally published on Mon January 13, 2014 12:59 pm

A piece of legendary Americana will now be owned by a Japanese firm.

Beam Inc., the maker of the bourbons Jim Beam and Maker's Mark, will be sold to Japan's Suntory in a deal the companies say is worth $16 billion, including assumed debt.

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Technology
11:02 am
Mon January 13, 2014

From The Archives: 1984, The Year Of Online Shopping?

In 1984, shopping online wasn't this easy.
Guy Erwood iStockphoto

Originally published on Mon January 13, 2014 2:41 pm

Amazon.com was founded in 1994.

A decade earlier, in 1984, only 8.2 percent of households in the United States had computers, according to the U.S. Census.

But there were limited ways to shop via a computer in 1984. And Robert Krulwich, who was then NPR's business correspondent, decided he wanted to try it.

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