Business and Economy

The Two-Way
12:39 pm
Tue January 14, 2014

JPMorgan Says It Will Replace 2 Million Credit Cards, Due To Breach

JPMorgan Chase says it will replace about 2 million of its customers credit cards because they were compromised in recent security breaches at major retailers.

NPR's Yuki Noguchi reports the bank's CEO Jamie Dimon said the problems on that front are likely not over. Yuki filed this report for our Newscast unit:

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All Tech Considered
11:20 am
Tue January 14, 2014

Feds Can't Enforce Net Neutrality: What This Means For You

Federal Communications Commission Chairman Thomas Wheeler says his agency will consider appealing a court ruling against the FCC's net neutrality policy.
T.J. Kirkpatrick Getty Images

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

In a landmark ruling Tuesday, a federal appeals court has struck down key parts of the Federal Communications Commission's open-Internet rules, effectively ruling that the federal government cannot enforce net neutrality. Put more simply, it can't require that Internet service providers treat all traffic equally.

In a 2-1 decision, the U.S. Court of Appeals for the District of Columbia said the agency's rules had no basis in federal law. A key passage:

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Your Money
10:53 am
Tue January 14, 2014

Minorities' Savings Accounts Aren't Adding Up For Retirement

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. Coming up, last week we talked with a former teacher who said that teachers of color are more likely to quit than others. And she offered some thoughts about why that is. This week, we get a different perspective from another teacher, also of color, who has 13 years in and is still going strong. And we'll hear from her in a few minutes.

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Economy
10:53 am
Tue January 14, 2014

Does The U.S. 'Make Poverty More Comfortable?'

Originally published on Wed January 15, 2014 2:15 pm

Transcript

MICHEL MARTIN, HOST:

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The Two-Way
10:43 am
Tue January 14, 2014

20 Million DirecTV Customers Just Lost The Weather Channel

The Weather Channel's Jim Cantore reporting from Manhattan's Battery Park during Hurricane Irene in August 2011.
Jonathan Saruk/The Weather Channel Getty Images

Originally published on Tue January 14, 2014 9:04 am

What was already a stormy relationship between The Weather Channel and DirectTV has now become something of a Category 3 communications catastrophe.

Twenty million DirecTV customers can't see The Weather Channel today because the two sides didn't reach an agreement on a new distribution deal before a midnight Monday deadline.

According to The Associated Press, "the two companies pointed fingers at each other":

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Business
6:32 am
Tue January 14, 2014

Pope To Sell Harley To Benefit Homeless

Transcript

RENEE MONTAGNE, HOST:

And our last word in business today is: Pope on a Hog.

(LAUGHTER)

STEVE INSKEEP, HOST:

Of course it is.

(LAUGHTER)

MONTAGNE: Stop. There have been many famous owners of Harley Davidson over the years - Elvis Presley, Arnold Schwarzenegger, the Hells Angels, - but Pope Francis might be the holiest roller yet.

INSKEEP: Almost by definition. He's the proud owner - the pope is - of a Harley Davidson Dyna Super Glide, which was given to him as a gift.

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Health Care
5:55 am
Tue January 14, 2014

New York Consumers Frustrated By Insurance Delays

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

New York's health insurance marketplace is working, but some consumers are still having problems with insurers. Empire Blue Cross Blue Shield is the state's largest insurer and the target of a lot of consumer complaints.

Business
5:23 am
Tue January 14, 2014

Ford Unveils F-150 With Aluminum Body

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

Transcript

STEVE INSKEEP, HOST:

Ah, the North American International Auto Show begins this week begins this week in Detroit. At least 50 new car models will make their debuts. Ford Motors is unveiling its highly anticipated makeover of the F-150 with a body made in part of aluminum - an aluminum truck.

Recent advances have made aluminum, which is lighter than steel, of course, viable on a large scale for manufacturing.

One of our favorite correspondents, NPR's Sonari Glinton, reports on what that means for the car industry.

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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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