Business and Economy

Business
10:10 am
Fri April 18, 2014

Wal-Mart To Offer Money-Transfer Service

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with wiring from Wal-Mart.

(SOUNDBITE OF MUSIC)

MONTAGNE: The giant retailer is taking another step into banking. The company says it's launching a money transfer service next week. It'll go head-to-head with Western Union and MoneyGram in a market worth about $900 billion. But Wal-Mart says it will offer lower fees. Western Union and MoneyGram's stock both dropped on the news. Transcript provided by NPR, Copyright NPR.

Business
5:40 am
Fri April 18, 2014

Obama Wants To Sell Exports To Asia, But Critics Aren't Buying

Members of Japan's farmers association protest against the Trans-Pacific Partnership free-trade talks at a rally in Tokyo in March 2013.
Yoshikazu Tsuno AFP/Getty Images

Originally published on Fri April 18, 2014 1:00 pm

Next week, President Obama is going to Asia, where he'll talk up a proposed deal to increase U.S. trade with that region.

If he succeeds, he could open up huge new markets for U.S. farmers and manufacturers, strengthen U.S. influence in Asia and set a path to greater prosperity.

At least, that's what the White House says.

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Business
5:25 am
Fri April 18, 2014

'Leftover Women' Blamed For China's Surplus Of Unmarried Men

Originally published on Mon May 12, 2014 11:57 am

Transcript

KELLY MCEVERS, HOST:

In China there's a phrase that refers to a certain demographic: Educated professional women in their late 20s or a little older who are still single. They're called Leftover Women.

UNIDENTIFIED MAN: This group of women is growing rapidly in the cities. They're facing an unprecedented unmarried crisis.

MCEVERS: An unmarried crisis. That's from Chinese state TV. Newspapers also use the phrase, which was coined by the government a few years back. Sociologist Leta Hong Fincher tracks how Leftover Women is used in the media.

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Business
5:23 am
Fri April 18, 2014

IPO Market Shows Signs Of Strain

Originally published on Fri April 18, 2014 10:10 am

Transcript

DAVID GREENE, HOST:

All right, Virtu Financial has reportedly decided to postpone its initial public offering. The decision comes during a week when several IPOs in U.S. markets had disappointing debuts. Virtu conducts high-frequency electronic trading on various exchanges and scrutiny of high-speed trading is growing.

NPR's Jim Zarroli reports.

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NPR Story
4:09 am
Fri April 18, 2014

Budget Cuts Threaten Mock Villages At Military Training Center

Originally published on Fri April 18, 2014 10:10 am

Transcript

DAVID GREENE, HOST:

America has learned a lot about fighting wars over the past decade. And you can see how they apply the lessons learned at the Fort Irwin National Training Center in Southern California. The military still holds old-style war games there, with tanks and planes. But the war scenarios also reflect the recent challenges faced in places like Iraq and Afghanistan.

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NPR Story
4:09 am
Fri April 18, 2014

Plunge In Circulation Forces Changes At Japanese Magazine

Originally published on Fri April 18, 2014 10:10 am

Transcript

DAVID GREENE, HOST:

And our last word in business today is: Wonderful Wife.

It's the name of a women's magazine in Japan. It used to be a top seller back when more women stayed home and took care of their kids.

KELLY MCEVERS, HOST:

But times have changed. As more women work even after having kids, Wonderful Wife has plunged in circulation. So the publisher says it's taking Wonderful Wife off the racks and replacing it with a new magazine aimed at working mothers.

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Law
4:12 pm
Thu April 17, 2014

When Being Pregnant Also Means Being Out Of A Job

While many women continue to work with little change in their duties while pregnant, others find that pregnancy can be a career liability.
Yuri Arcurs iStockphoto

Originally published on Thu April 17, 2014 7:06 pm

The workplace has become a more understanding place for pregnant women or new moms these days. Many companies now have lactation rooms and offer more liberal maternity and paternity leave policies than in years past.

But for some women, pregnancy can still be a career liability.

Heather Myers was fresh out of high school and working at a Wal-Mart in Salina, Kan., in 2006 when she found out she was pregnant. She kept a water bottle with her on the sales floor, as her doctor recommended. Then, her supervisor intervened.

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Media
3:07 pm
Thu April 17, 2014

Who's Crazy Enough To Start A Newspaper In 2014? Ask LA Register

Originally published on Thu April 17, 2014 7:06 pm

Transcript

AUDIE CORNISH, HOST:

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

ROBERT SIEGEL, HOST:

And I'm Robert Siegel. Across the country, newspapers have been scaling back, if not shutting down. But in Los Angeles, there's a newspaper war going on. This week, for the first time in decades, the city has a new daily rolling off the presses. From member station KPCC, Ben Bergman reports.

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Shots - Health News
3:01 pm
Thu April 17, 2014

Got A Hobby? Might Be A Smart Professional Move

Physicist Albert Einstein found great joy in his hobby — playing the violin.
Getty Images

Originally published on Fri April 18, 2014 8:31 am

Maybe you paint, keep a journal or knit. Or maybe you play bass in a punk rock band.

Whatever hobby you have, keep at it. A little study published this week suggests that having a creative outlet outside the office might help people perform better at work.

Psychologists from San Francisco State University found that the more people engaged in their hobbies, the more likely they were to come up with creative solutions to problems on the job. And no matter what the hobby was, these people were also more likely to go out of their way to help co-workers.

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The Two-Way
2:14 pm
Thu April 17, 2014

BP Exec Who Led Cleanup Settles On Charges Of Insider Trading

BP Mobile Incident Commander Keith Seilhan talks with oil cleanup workers in Gulf Shores, Ala., in July 2010. Seilhan has settled with SEC regulators who say he avoided $100,000 in stock and options losses by trading on inside information related to the spill.
Dave Martin AP

Originally published on Thu April 17, 2014 5:59 pm

A former BP executive who led the company's cleanup of the 2010 Deepwater Horizon oil spill has agreed to pay $224,000 in penalties and restitution in a settlement with the Securities and Exchange Commission for allegedly trading on inside information on the disaster.

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