Business and Economy http://kgou.org en FAA Seeks $12 Million Fine Against Southwest Airlines http://kgou.org/post/faa-seeks-12-million-fine-against-southwest-airlines The Federal Aviation Administration announced Monday that it intends to fine Southwest Airlines $12 million for flying Boeing 737 airplanes without making proper repairs.<p>Beginning in 2006, Southwest began "extreme makeover" alterations to address cracking of aluminum skin on 44 jetliners, the FAA said in a <a href="http://www.faa.gov/news/press_releases/news_story.cfm?newsId=16754" target="_blank">news release</a>.<p>The agency's investigation found that Aviation Technical Services Inc., a Southwest contractor, failed to follow proper procedures during repairs. Mon, 28 Jul 2014 18:25:00 +0000 Alan Greenblatt 34290 at http://kgou.org FAA Seeks $12 Million Fine Against Southwest Airlines It May Be Summer, But For Economists, This Week Feels Like Christmas http://kgou.org/post/it-may-be-summer-economists-week-feels-christmas This week is summer's sweet spot — the peak time for pool parties, fresh-picked berries and cool drinks. But for economists, it may feel more like Christmas — so much to unwrap!<p>Each day will bring new decisions and reports that could have a big impact on the nation's economy. So economists, investors and workers will have plenty to ponder. Mon, 28 Jul 2014 17:37:00 +0000 Marilyn Geewax 34287 at http://kgou.org It May Be Summer, But For Economists, This Week Feels Like Christmas In Times Of Transition, Get Practical About Your Finances http://kgou.org/post/times-transition-get-practical-about-your-finances <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=In+Times+Of+Transition%2C+Get+Practical+About+Your+Finances+&utme=8(APIKey)9(MDAxODg3MTg0MDEyMTg2NTY3OTI5YTI3ZA004)"/></div><p> Mon, 28 Jul 2014 16:15:00 +0000 editor 34282 at http://kgou.org Dollar Tree To Buy Family Dollar In $8.5 Billion Deal http://kgou.org/post/dollar-tree-buy-family-dollar-85-billion-deal With Dollar Tree's agreement to purchase Family Dollar on Monday, two of the United States' biggest discount stores are coming together in a deal estimated at $8.5 billion in cash and stock.<p><a href="http://dealbook.nytimes.com/2014/07/28/dollar-tree-to-buy-family-dollar-for-8-5-billion/?_php=true&_type=blogs&hp&action=click&pgtype=Homepage&version=HpHeadline&module=second-column-region&region=top-news&WT.nav=top-news&_r=0"><em>The New York Times</em> reports</a>:<p><blockquote><p>"The deal comes amid pressure on Family Dollar by the activist investor Carl C. Mon, 28 Jul 2014 14:28:00 +0000 Eyder Peralta 34275 at http://kgou.org Dollar Tree To Buy Family Dollar In $8.5 Billion Deal The Ice Cream Sandwich That Wouldn't Melt http://kgou.org/post/ice-cream-sandwich-wouldnt-melt <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=The+Ice+Cream+Sandwich+That+Wouldn%27t+Melt&utme=8(APIKey)9(MDAyMDgzMzYwMDEyOTc4NzE4NzJkZTAzYw004)"/></div><p>Transcript <p>RENEE MONTAGNE, HOST: <p>And our last word in Business Today is indestructible ice cream. Mon, 28 Jul 2014 12:12:00 +0000 editor 34267 at http://kgou.org U.K. Launches Licensing For Onshore Oil And Gas Exploration http://kgou.org/post/uk-launches-licensing-onshore-oil-and-gas-exploration <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=U.K.+Launches++Licensing+For+Onshore+Oil+And+Gas+Exploration&utme=8(APIKey)9(MDEwNzczMDA2MDEzNTg3ODA1MTAzZjYxNg004)"/></div><p>Transcript <p>RENEE MONTAGNE, HOST: <p>NPR's Business News starts with fracking in the U.K.<p>MONTAGNE: The British government today will begin the process of offering licenses for onshore oil and gas exploration. This comes as governments across Europe are seeking to reduce their dependence on imports. Mon, 28 Jul 2014 10:09:00 +0000 editor 34260 at http://kgou.org More Than Half Of Spaniards In Their 20s Are Unemployed http://kgou.org/post/more-half-spaniards-their-20s-are-unemployed Even though Spain's economy is out of recession, youth unemployment has hit 57.7 percent — more than double the continent's average. Economists say it could be years before jobs return. By then, many Spanish 20-somethings — dubbed the "lost generation" — will have missed a decade or more of work. <div class="fullattribution">Copyright 2014 NPR. Mon, 28 Jul 2014 10:09:00 +0000 editor 34259 at http://kgou.org Locked In U.S. Hedge Fund Battle, Argentina Faces Default http://kgou.org/post/locked-us-hedge-fund-battle-argentina-faces-default <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=Locked+In+U.S.+Hedge+Fund+Battle%2C+Argentina+Faces+Default&utme=8(APIKey)9(MDA4MzMwMDM0MDEzMTg4NzQ3NzAwZDdjZg004)"/></div><p>Transcript <p>RENEE MONTAGNE, HOST: <p>This is MORNING EDITION from NPR News. I'm Renee Montagne.<p>LINDA WERTHEIMER, HOST: <p>And I'm Linda Wertheimer. The nation of Argentina could default this week on billions of dollars of debt. It would be the second time Argentina has defaulted in less than 15 years. Mon, 28 Jul 2014 10:09:00 +0000 Jim Zarroli 34261 at http://kgou.org Top Business Stories: Kudzu Vs. Crops, Knutson Vs. OKC, And A Departing Publisher http://kgou.org/post/top-business-stories-kudzu-vs-crops-knutson-vs-okc-and-departing-publisher <p></p><p><strong>An Invasive Plant Threatens Oklahoma’s Agriculture Industry.</strong></p><p>Kudzu is a vine known for taking over huge areas of states like Alabama and Mississippi. It can cover abandoned buildings and take down utility wires. It can grow 18 inches a day, and some experts joke that it grows so fast you have to be careful falling asleep near it.</p><p>The problem is that it also can kill off native species and can carry diseases that damage crops such as soybeans, which produces up to $130 million a year in Oklahoma.</p><p>Kudzu has been found in 50 places around Oklahoma.</p> Mon, 28 Jul 2014 10:00:00 +0000 Adam Brooks 34249 at http://kgou.org Top Business Stories: Kudzu Vs. Crops, Knutson Vs. OKC, And A Departing Publisher Depends Promotes Pants-Dropping For 'Underwearness' http://kgou.org/post/last-word <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=Depends+Promotes+Pants-Dropping+For+%27Underwearness%27+&utme=8(APIKey)9(MDEwNzk4NjQwMDEzNTkxNDE0MTg3ZGYxMA004)"/></div><p>Transcript <p>LINDA WERTHEIMER, HOST: <p>Our last word in Business Today is drop trou.<p>RENEE MONTAGNE, HOST: <p>That's the message of an ad campaign for the Depend brand of undergarments. Mon, 28 Jul 2014 09:00:00 +0000 editor 34258 at http://kgou.org