Business

Business
4:37 pm
Wed December 4, 2013

Pipeline On Wheels: Trains Are Winning Big Off U.S. Oil

A train leaves the Rangeland Energy company's crude oil loading terminal near Epping, N.D. So far this year, 60 percent of all oil produced in North Dakota left the state by rail. One economist says there aren't enough oil tankers to fill the demand.
AP

Originally published on Wed December 4, 2013 8:28 pm

The oil boom in the United States is creating another boom — for the railroad industry.

So far this year, in North Dakota alone, 140 million barrels of oil have left on trains. Shipments of crude oil by rail are up almost 50 percent over last year — and this upward trend is expected to continue.

A visit to the world-famous Tehachapi Loop, part of a winding mountain pass in Southern California, demonstrates the scale and reach of the oil boom in the middle of the country. As a train full of oil tanker cars rumbles past, it's hard not to think of it as a pipeline on wheels.

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Business
6:12 pm
Mon December 2, 2013

Slashing Fossil Fuel Consumption Comes With A Price

Wind turbines twirl above farmland on the outskirts of Madison, Wis. Not all locals are pleased.
Scott Olson Getty Images

Originally published on Tue December 3, 2013 7:56 am

Governments around the world have agreed to limit global warming to 2 degrees Celsius (3.6 degrees Fahrenheit). That would require an 80 percent reduction in energy sources like coal, oil and natural gas, which emit carbon dioxide into the air.

Nations are far from that ambitious path. There are big political and economic challenges. But technologists do see a way — at least for the United States — to achieve that goal.

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Business
1:57 am
Tue November 26, 2013

Small Firms May Soon Turn To Crowdfunding To Sell Shares

iStockphoto

Originally published on Tue November 26, 2013 12:28 pm

Crowdfunding is popular among musicians, filmmakers and artists looking for a way to finance their next project.

Now the Securities and Exchange Commission is considering rules that, for the first time, would allow small companies to solicit investments over the Internet and sell shares to the general public.

For some small firms, these new rules come as welcome news.

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Business
11:40 am
Thu November 21, 2013

When You Hear $13 Billion, Don't See Dollar Signs

The U.S. Justice Department on Thursday announced a $13 billion settlement with banking giant JPMorgan Chase & Co.
Mike Segar Reuters /Landov

Originally published on Tue November 19, 2013 8:04 pm

Thirteen billion dollars is a lot of money, but it's not going to add up to a huge windfall for many consumers.

Thousands of homeowners will receive significant financial relief under the terms of a $13 billion settlement with JPMorgan Chase & Co. that was announced Tuesday by the Justice Department. But the bulk of the funds will be going either to investors or government coffers.

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Business
4:05 pm
Mon November 18, 2013

Already Outpacing Movies, Gaming Industry Still Looks To Expand

Originally published on Mon November 18, 2013 5:27 pm

It's a big week for the video game industry; Sony just released the PlayStation 4 and Microsoft will release its new Xbox games console Friday. All Tech Considered is kicking off the week with a look at just how big the industry has become and who plays these days. Robert Siegel talks with industry expert John Davison. He's currently general manager of content and publishing for video game company Red Robot Labs.

Business
5:46 am
Thu November 14, 2013

How Best To Manage Workplace Bullying

Originally published on Thu November 14, 2013 5:53 am

Transcript

RENEE MONTAGNE, HOST:

Allegations that Miami Dolphins players harassed one of their own teammates got us thinking about other subtle forms of intimidation that can happen in the workplace. One out of every three people report being bullied on the job. That's according to a survey done by the Workplace Bullying Institute. Its director, Gary Namie, spoke to NPR's Linda Wertheimer. He told her bullying happens across income levels but that it's more likely to occur in particular professions.

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Business
2:04 am
Tue November 12, 2013

Dwindling Middle Class Has Repercussions For Small Towns

When reporter Kelly McEvers stepped off the train in Lincoln, Ill., she asked, "What happened to my hometown?"
Kelly McEvers NPR

Originally published on Wed November 13, 2013 1:23 pm

My parents moved away from Lincoln, Ill., two decades ago, when I was in college. I hardly ever get back there. But my mom still works in Lincoln, and it was to Lincoln I headed to meet her this fall, after returning to the U.S. from the Middle East.

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Business
4:21 pm
Mon November 11, 2013

It's A New Orleans Mantra, But Using 'Who Dat' May Cost You

The phrase "Who Dat" is ubiquitous in New Orleans. A Texas-based company says it owns the rights to the phrase, and while homemade signs don't run afoul of its trademark, it says merchandise like T-shirts is another matter.
David J. Phillip AP

Originally published on Mon November 11, 2013 5:46 pm

During pro football season, New Orleans becomes " 'Who Dat' Nation." Fans open New Orleans Saints games with the signature chant and use it to rattle the eardrums of opponents during play.

Since the Saints' Super Bowl win in 2010, the phrase has popped up everywhere, from T-shirts to business names. Even people who don't watch football call themselves "Who Dats." But a messy legal question keeps rearing its head here: Who owns "Who Dat"?

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Business
8:03 am
Thu November 7, 2013

Supporters Say Minimum Wage Hike Gaining Support

Skycap Biniyam Yehuala hefts a traveler's bag at Seattle-Tacoma International Airport. On Tuesday, voters in SeaTac, Wash., approved a minimum wage of $15 an hour for roughly 6,300 low wage workers' whose jobs are at or near the airport.
Elaine Thompson AP

Originally published on Wed November 6, 2013 6:20 pm

On many economic issues, Americans are deeply divided. But when it comes to giving pay raises to minimum wage workers, voters overwhelmingly say: Do it.

That message jumped out Tuesday when more than 6 in 10 voters in New Jersey approved an increase in their state's minimum hourly wage. In January, the wage will rise to $8.25, well above the federal minimum of $7.25 an hour.

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Business
2:05 am
Wed November 6, 2013

Starbucks Is Latest Company Aiming To Help Vets Land Jobs

Seattle coffee giant Starbucks says the company will hire at least 10,000 veterans or their spouses over the next five years.
Mario Tama Getty Images

Originally published on Wed November 6, 2013 8:22 am

In recent years, companies ranging from JPMorgan Chase to Walmart to Boeing have announced special hiring programs for veterans. Seattle coffee giant Starbucks is the latest.

All of these companies are trying to bring down a stubbornly high unemployment rate for veterans of the Iraq and Afghanistan wars. But to succeed, companies have to take the time to understand the skills of service members.

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