Business and Economy

Europe
4:00 pm
Thu March 27, 2014

IMF Bailout Comes With A Hefty Side Of Pain For Ukrainians

Originally published on Thu March 27, 2014 6:03 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.

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The Salt
2:25 pm
Thu March 27, 2014

The Search For The Perfect Cup Of Coffee Can Be Such A Grind(er)

Doug and Barb Garrott assemble a Lido 2 grinder at their home in Troy, Idaho. They've spent the past three years perfecting their design for the hand-cranked machine.
Jessica Greene

Originally published on Fri March 28, 2014 7:31 am

In the tiny town of Troy, Idaho, Barb and Doug Garrott have spent the past three years perfecting a machine that could change the morning routines of coffee drinkers all over the country: a $175 hand-cranked coffee grinder.

It's called the Lido 2, the first run of 500 has already sold out on preorder, and coffee aficionados are asking for more.

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The Two-Way
11:12 am
Thu March 27, 2014

After Blocking Twitter, Turkey Moves To Stop YouTube

A man tries to get connected to YouTube with his tablet at a cafe in Istanbul on Thursday.
Osman Orsal Reuters/Landov

Originally published on Thu March 27, 2014 12:50 pm

Authorities in Turkey are reportedly going ahead with a ban on access to YouTube days after a similar move in the country to block Twitter.

The Turkish telecommunications authority TIB is quoted in Turkish state media as saying it has taken an "administrative measure" against YouTube.

The news follows earlier reports that a recording, allegedly of a meeting among top Turkish officials discussing military intervention in Syria, was posted on YouTube.

Prime Minister Tayyip Erdogan on Thursday lashed out against the post:

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Economy
10:57 am
Thu March 27, 2014

What Raising Tipped Workers' Wages Could Mean For Economy

Originally published on Thu March 27, 2014 11:59 am

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. The minimum wage debate is in the news again. President Obama and other Democrats have been pushing for an increase as part of a broader conversation about economic fairness. But if you've ever been a caddy on the golf course, a server at a restaurant or anybody else who's depending on tips, then you know that sometimes the minimum wage isn't really the minimum at all, especially if you run into customers like this.

(SOUNDBITE OF FILM, "RESERVOIR DOGS")

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The Two-Way
10:33 am
Thu March 27, 2014

Obama Lays Out His Plan To Have Telecoms Store Call Data

Following up on his acknowledgement in January that it's problematic to have the National Security Agency collecting and storing massive amounts of information about individuals' phone calls, President Obama announced Thursday that he has decided "the data should remain at the telephone companies."

NPR's Tamara Keith tells our Newscast Desk that:

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Shots - Health News
9:58 am
Thu March 27, 2014

A Booming Economy Doesn't Save Children From Malnutrition

Indian schoolchildren wait in line for food at a government primary school in Hyderabad, India. Consistent access to nutritious food and clean water is key to helping children thrive, researchers say.
Noah Seelam AFP/Getty Images

Originally published on Thu March 27, 2014 10:29 am

Lack of food is the leading cause of child death worldwide, killing 3.1 million children each year and accounting for 45 percent of all child mortality.

Undernourished children who survive still face a daunting future, including reduced intellectual capacity and a higher risk of disease and disability. And while economic growth is presumed to get more children fed, a booming economy alone doesn't fix the problem, researchers say.

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The Two-Way
8:21 am
Thu March 27, 2014

Weekly Jobless Claims Drop, GDP Growth Revised Up Slightly

Originally published on Thu March 27, 2014 8:49 am

The economic news about both last quarter and last week is on the positive side:

-- The Bureau of Economic Analysis says the economy grew at a 2.6 percent annual rate in fourth-quarter 2013, a bit better than its previous estimate that gross domestic product had expanded at a 2.4 percent pace.

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Business
4:05 am
Thu March 27, 2014

Wu-Tang Clan Unveils Unique Distribution Model

Originally published on Mon March 31, 2014 11:18 am

Transcript

DAVID GREENE, HOST:

And our last word in business today is: A Single Record.

(SOUNDBITE OF SONG, "C.R.E.A.M.")

WU-TANG CLAN: (Rapping) Cash, Rules, Everything, Around, Me, C.R.E.A.M. Get the money. Dollar, dollar bill y'all.

GREENE: Legendary hip-hop artists, Wu-Tang Clan have come up with a new music distribution model. Instead of trying to sell millions of copies of their latest album, they're planning to release just one and sell it at auction for millions of dollars.

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Business
4:05 am
Thu March 27, 2014

Board Rules Athletes At Northwestern University Are Employees

Originally published on Mon March 31, 2014 11:18 am

Transcript

LINDA WERTHEIMER, HOST:

A major ruling by a federal agency could turn the multibillion dollar business of college sports upside down. The top National Labor Relations Board official in Chicago says college football players on scholarship at Northwestern University can unionize.

NPR's David Schaper reports.

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Business
4:05 am
Thu March 27, 2014

Conn. Lawmakers Pass Minimum Wage Hike Bill

Originally published on Mon March 31, 2014 11:18 am

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with a minimum wage hike.

(SOUNDBITE OF MUSIC)

WERTHEIMER: Lawmakers in Connecticut passed a bill on Wednesday that would eventually raise the state's minimum wage to $10.10 an hour. That's the rate President Obama wants for the federal minimum wage.

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