Business

Pages

Around the Nation
3:14 am
Fri May 17, 2013

First U.S. Company To Enter Export Market For Natural Gas

With supplies high and prices at historic lows, there's debate whether companies should be allowed to export the gas overseas for a higher price. Many energy companies have applied for government approval to ship liquefied natural gas worldwide. So far, only one company has gotten a license to do that in the past 30 years..

The Salt
3:47 pm
Thu May 16, 2013

Congress: Where Food Reforms Go To Die?

Credit Jewel Samad / AFP/Getty Images

Originally published on Thu May 16, 2013 4:17 pm

Two seemingly common-sense, bipartisan food reforms have gotten mugged on Capitol Hill in recent days. If you're a loyal reader of The Salt, you've heard of them.

Read more
The Salt
3:17 pm
Thu May 16, 2013

No More Smuggling: Many Cured Italian Meats Coming To America

Originally published on Fri May 17, 2013 9:36 am

American gourmets and lovers of Italian food products, your days as food smugglers are over.

No more stuffing your suitcases with delicacies bought in Italy, hoping the sniffer dogs at JFK or other American airports won't detect the banned-in-the-USA foodstuffs inside your luggage.

In the U.S., they're called cured meats, the French say charcuterie and in Italy, the word for cured-pork products is salumi.

Read more
Business
2:29 pm
Thu May 16, 2013

Disabled Workers' Victory Exposes Risks To Most Vulnerable

Credit John Schultz/Quad-City Times / ZUMAPRESS.com
For decades, Hill County Farms, also known as Henry's Turkey Service, housed a group of mentally disabled men in squalor in this former schoolhouse in Atalissa, Iowa. The EEOC won a judgment against the company for exploiting the men.

Originally published on Fri May 17, 2013 11:35 am

Four years ago, 21 men with intellectual disabilities were emancipated from a bright blue, century-old schoolhouse in Atalissa, Iowa. They ranged in age from their 40s to their 60s, and for most of their adult lives they had worked for next to nothing and lived in dangerously unsanitary conditions.

Earlier this month, the Equal Employment Opportunity Commission won a massive judgment against the turkey-processing company at which the men worked. The civil suit involved severe physical and emotional abuse of men with intellectual disabilities.

Read more
Parallels
2:25 pm
Thu May 16, 2013

Underground Tunnels Feed Gaza's Hankering For KFC

Credit Wissam Nassar / Xinhua /Landov
KFC is delivered in one of the many underground smuggling tunnels connecting Egypt to the Gaza Strip city of Rafah.

Originally published on Sun May 19, 2013 8:38 am

Hundreds of underground passageways wind like a maze beneath the Egypt-Gaza border, providing a way for Gazans to maneuver around the 2007 Israeli-led economic blockade that took effect after Hamas took control of the Gaza Strip.

And while subterranean tunnels may seem like something out of a thrilling spy movie, the reality and practicality of these channels is somehow not surprising.

Read more
The Two-Way
1:49 pm
Thu May 16, 2013

U.S. Airlines Forecast A Sunnier Summer

Credit David McNew / Getty Images
More passengers are expected to fly on U.S. airlines this summer, an industry group said Thursday.

Originally published on Thu May 16, 2013 2:53 pm

After a long bumpy ride that started five years ago, the domestic airline industry seems to be pulling up and smoothing out.

The number of passengers planning to fly this summer will tick up 1 percent from 2012, climbing back to the highest level since 2008, an industry group said Thursday.

The airlines' profit outlook is also brighter, as jet fuel prices have settled down a bit. Passenger complaints are quieting down, too.

Read more
All Tech Considered
12:45 pm
Thu May 16, 2013

Google's Privacy Shift Powers New Customized Maps

Originally published on Fri May 17, 2013 9:15 am

This week, Google, already a leader in mapping, created more space between itself and its competitors by more deeply mining the data users provide the company when using its various services.

At the Google developers' conference in San Francisco on Wednesday, Daniel Graf, director of Google Maps, crowed about the company's mapping app for the iPhone — and couldn't quite stop himself from taking a dig at Apple.

"People called it sleek, simple, beautiful, and let's not forget, accurate," he said.

Read more
Your Money
12:04 pm
Thu May 16, 2013

The Tricky Business Of Retirement: Hidden 401(K) Fees

A couple generations ago, when older Americans retired they could rely on pension plans to support them. Then, in the late 1970s and early 1980s, many companies switched their retirement plans over to 401(k) accounts. The security of workers' retirement savings suddenly became subject to the vagaries of the stock market.

Read more
Economy
11:59 am
Thu May 16, 2013

Will Strong Summer Travel Be A Turning Point For Airlines?

Originally published on Thu May 16, 2013 2:56 pm

Transcript

NEAL CONAN, HOST:

Read more
U.S.
11:59 am
Thu May 16, 2013

Managing The $30 Million 'One Fund' To Aid Boston Victims

Transcript

NEAL CONAN, HOST:

This is TALK OF THE NATION. I'm Neal Conan in Washington. Thirty million dollars is a lot of money, but how do you divide it among the families of the three people killed, the dozens maimed, the hundreds who spent time in the hospital, the thousands who witnessed the blasts at the finish line of the Boston Marathon last month?

Read more
The Salt
11:15 am
Thu May 16, 2013

How Trace Amounts of Arsenic End Up In Grocery Store Meat

Credit iStockphoto
Roxarsone, a drug linked to elevated levels of inorganic arsenic in chicken meat, is no longer used in broiler chicken farming, producers say. But another arsenic-based drug is still used to raise turkeys.

Originally published on Fri May 17, 2013 9:18 am

A study published online recently in the journal Environmental Health Perspectives documented slightly elevated levels of arsenic in samples of chicken purchased at grocery stores in 10 cities in the U.S.

So how did trace amounts of this toxin end up in supermarket poultry?

Read more
The Two-Way
8:27 am
Thu May 16, 2013

Berkshire Hathaway's Credit Rating Knocked Down A Notch

Credit Donald Bowers / Getty Images for Fortune
Warren Buffett.

Originally published on Thu May 16, 2013 8:53 am

Billionaire investment legend Warren Buffett's Berkshire Hathaway Inc. has had its credit rating lowered from AA+ to AA by Standard & Poor's Ratings Services.

In a statement, S&P says that even though Berkshire Hathaway has an "excellent business profile," the lower credit rating "better reflects our view of BRK's dependence on its core insurance operations for most of its dividend income." (S&P's statement is posted on its website, but you have to register to view it.)

Read more
The Two-Way
6:57 am
Thu May 16, 2013

Conflicting Signals From Latest Economic Indicators

Thursday morning's economic news:

-- There were 360,000 first-time claims for unemployment insurance last week, up 32,000 from the week before, the Employment and Training Administration says. At 360,000, the pace was the fastest since the last week of March. But it remained well below the 400,000-and-higher rate that lasted from mid-2008 into 2011.

Read more
Business
2:33 am
Thu May 16, 2013

Researchers Don't 'Wine' About The Cold, Their Grapes Thrive

Originally published on Thu May 16, 2013 3:58 am

A dozen universities are collaborating on a sort of extreme winemaking project: How cold a climate can a grape survive and still make good wine? The Northern Grapes Project is inventing wines the world has never seen before, winning wine awards and creating a new crop for struggling rural economies.

Television
2:24 am
Thu May 16, 2013

Is TV's Traditional Business Model Broken?

Originally published on Thu May 16, 2013 3:55 am

The broadcast networks are in New York this week pitching their fall TV shows to advertisers. David Greene talks with reporter Kim Masters, of The Hollywood Reporter, about the new shows and indications the industry is in decline. Masters also hosts The Business on member station KCRW.

Pages