Business and Economy

Shots - Health News
4:31 pm
Wed April 23, 2014

Costly Hepatitis C Pill Shreds Drug Industry Sales Record

Sovaldi, a daily oral treatment for hepatitis C, costs $1,000 a pill.
Courtesy of Gilead Sciences

The launch of Sovaldi, the $1,000-a-day pill for hepatitis C, is shaping up as the most successful ever.

The Food and Drug Administration approved the pill in December. And then Gilead Sciences was off to the races. The company said it sold $2.27 billion worth of Sovaldi in the quarter that ended March 31. $2.27 billion!

The boffo number beat Wall Street's estimate for the quarter by more than $1 billion.

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The Two-Way
4:21 pm
Wed April 23, 2014

Brazil Becomes One Of The First To Adopt Internet 'Bill Of Rights'

Brazilian President Dilma Rousseff delivers a speech during the opening ceremony of the "NETmundial Global Multistakeholder Meeting on the Future of Internet Governance", on Wednesday in Sao Paulo, Brazil.
Nelson Almeida AFP/Getty Images

Brazilian President Dilma Rouseff signed into law a kind of Internet bill of rights on Wednesday.

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Law
3:21 pm
Wed April 23, 2014

Under Calif. Law With Teeth, Big-Time Lawsuits Hit Small Businesses

Originally published on Wed May 28, 2014 8:46 am

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

The Americans with Disabilities Act requires equal access to stores, offices and public places all over the country. It's a federal law. But more than 40 percent of all ADA lawsuits are filed in California, because in California the law has some extra teeth. People who sue there can get cash damages from a business that is not ADA compliant.

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Business
3:21 pm
Wed April 23, 2014

Blockbuster Trades Are Changing The Face Of Pharmaceuticals

Originally published on Wed April 23, 2014 10:06 pm

Transcript

MELISSA BLOCK, HOST:

The pharmaceutical industry is undergoing some sweeping changes so the past few days, some major deals have been announced. The first involving a trio of big named companies: GlaxoSmithKline, Novartis and Ely Lily. The second is a proposed deal between Quebec-based Valeant Pharmaceuticals and California's Allergan, the maker of Botox. That deal is valued at $45 billion. NPR's Jim Zarroli reports.

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Economy
3:21 pm
Wed April 23, 2014

Big-Time Home Sales Stoke Hope For Northeast Housing Market

Originally published on Wed April 23, 2014 10:06 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

Spring is the time house hunters expect to see a slew of listings. But in many parts of the country, inventory is pretty low. When that happens, home prices go up. WSHU's Kaomi Goetz takes a look at the housing market. She checked out a listing that led to a history-making home sale in Connecticut.

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The Salt
3:14 pm
Wed April 23, 2014

Slowly And Sweetly, Vietnam's Chocolate Industry Grows

Vincent Mourou, co-founder of Vietnam's first artisan chocolate maker Marou, inspects cacao beans at a farmer's garden in Go Cong Tay district.
Hoang Dinh Nam AFP/Getty Images

Originally published on Wed April 23, 2014 3:51 pm

When you think about Vietnamese food, you might think of savory beef noodle soup, or endless fields of rice paddies. But chocolate?

As the world's demand for chocolate grows, Vietnam is making a bid to become one of the world's newest high quality suppliers.

Samuel Maruta and Vincent Mourou are two players in the country's small but growing cocoa industry. They founded Marou, an artisan chocolate company, three years ago in Ho Chi Minh City.

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All Tech Considered
11:53 am
Wed April 23, 2014

Weekly Innovation: An Inflatable Car Seat That Comes In A Backpack

Volvo's inflatable car seat is a concept and not a marketable product right now.
Courtesy of Volvo

Originally published on Sat April 26, 2014 10:25 pm

Forget wearables, let's talk about inflatables.

Volvo's new child safety seat concept is a fully inflatable device designed to make what's normally a clunky and heavy seat both lighter and more portable.

So compact is this prototype that it goes from a stylish-looking backpack into a rear-facing car seat in less than a minute. You can pump it in the car — the seat comes with its own pump — and it's Bluetooth-connected so you could pump it remotely.

When inflated, the seat weighs just under 11 pounds.

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The Two-Way
10:55 am
Wed April 23, 2014

American Journalist Kidnapped By Ukraine's Pro-Russia Insurgents

In a photo taken earlier this month, U.S. reporter Simon Ostrovsky stands with a pro-Russian gunman at a seized police station in the eastern Ukrainian town of Slovyansk. Ostrovsky has reportedly been seized by the pro-Russian insurgents.
Efrem Lukatsky AP

Originally published on Wed April 23, 2014 6:34 pm

An American journalist operating in eastern Ukraine has been kidnapped by pro-Russian gunmen, the separatists said Wednesday.

Simon Ostrovsky, working for Vice News, was seized at gunpoint early Tuesday by masked men in the restive eastern Ukrainian city of Slovyansk.

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Shots - Health News
6:43 am
Wed April 23, 2014

Dirty Money: A Microbial Jungle Thrives In Your Wallet

Even some euro bank notes may need a good scrubbing. Like dollar bills, these notes are made from cotton and they harbor an array of bacteria.
Thomas Leuthard The Preiser Project/Flickr

Originally published on Thu April 24, 2014 6:23 am

You may have heard that dollar bills harbor trace amounts of drugs.

But those greenbacks in your wallet are hiding far more than cocaine and the flu. They're teeming with life.

Each dollar bill carries about 3,000 types of bacteria on its surface, scientists have found. Most are harmless. But cash also has DNA from drug-resistant microbes. And your wad of dough may even have a smudge of anthrax and diphtheria.

In other words, your wallet is a portable petri dish.

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Law
5:16 am
Wed April 23, 2014

Networks Tell Supreme Court Aereo Steals Their Content

Originally published on Wed April 23, 2014 7:02 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts in the cloud.

(SOUNDBITE OF MUSIC)

INSKEEP: Our tech reporting team has its head in the cloud this week. The Supreme Court heard oral arguments yesterday in a case concerning over-the-air television being stored in the cloud. A start-up company called Aereo lets customers access broadcast TV shows through computers, smartphones and tablets. Protesters say they're stealing content.

Here's NPR's Steve Henn.

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