Business

Business
4:39 am
Tue June 10, 2014

Supreme Court Rules BP Must Keep Paying For Spill

Originally published on Tue June 10, 2014 11:30 am

Under a legal settlement, BP has been sending money to businesses affected by the 2010 Gulf of Mexico spill. The company said the terms of the settlement are being misinterpreted. The court disagreed.

Business
4:08 am
Fri June 6, 2014

OTB Parlors Criticize Hike In Horse Racing Simulcast Rates

Originally published on Fri June 6, 2014 10:09 am

Transcript

STEVE INSKEEP, HOST:

Tomorrow is a big day in horse racing - the Belmont Stakes, the last race in the Triple Crown. California Chrome has a chance to complete the Triple Crown for the first time in 36 years, having already won the Kentucky Derby and the Preakness, of course. That's the excitement in the foreground. In the background, a quiet war is raging. Charles Lane, of member station WSHU, reports.

(SOUNDBITE OF KENTUCKY DERBY)

UNIDENTIFIED ANNOUNCER: (Yelling) But California Chrome shines bright in the Kentucky Derby.

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Business
2:03 am
Fri May 30, 2014

Drone Wars: Who Owns The Air?

Originally published on Fri August 1, 2014 10:58 am

There are lots of entrepreneurs who would love to fly drones — tiny unmanned aircraft — all over the country. They dream of drones delivering packages and taking photos, but there's a battle in the courts right now standing in their way. The battle is about whether it's legal for drones to take to the sky.

The question at the core of the battle: Who owns the air?

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Business
1:38 pm
Tue May 27, 2014

World's Richest People Meet, Muse On How To Spread The Wealth

Prince Charles talks to Lynn Forester de Rothschild (left), organizer of the Conference on Inclusive Capitalism, and Christine Lagarde, head of the International Monetary Fund, before Tuesday's conference. The 250 corporate and financial leaders who attended control some $30 trillion, about a third of the world's investable assets.
WPA Pool Getty Images

Originally published on Tue June 10, 2014 8:53 am

Talk of economic mobility and the wealth gap is hardly new. From the Occupy movement to President Obama's re-election campaign, income inequality has been in the spotlight for years.

Even so, the "inclusive capitalism" conference in London on Tuesday broke new ground. Not because of the conversation, but because of the people having it.

The 250 people from around the world invited to attend this one-day conference do not represent "the 99 percent," or even the 1 percent. It's more like a tiny fraction of the 1 percent.

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Business
4:27 pm
Wed May 21, 2014

BP Asking US Supreme Court To Modify Claims Process

Originally published on Wed May 21, 2014 5:40 pm

BP is asking the US Supreme Court for relief from a damage claim process enacted after the 2010 oil spill in the Gulf of Mexico. The oil company has lost several court battles to modify the deal.

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Business
5:45 am
Fri May 16, 2014

Insight: Baton Rouge 'Beyond Shovel Ready'

The Baton Rouge Profile from the Brookings Institution report, Beyond Shovel Ready.

 

The Brookings Institution's latest analysis of metro economic data, "The Extent and Impact of U.S. Infrastructure jobs," focuses on infrastructure employment for the first time.

The Baton Rouge area is ranked 15th nationally for the share of overall employment made up by infrastructure jobs. 


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Business
9:04 am
Mon May 12, 2014

Facebook Gun Clubs Buy, Sell, Trade And Cause A Stir

A selection of guns on display.
Elena Liachenko/iStockphoto

Originally published on Mon May 12, 2014 10:01 am

Mass shootings in the U.S. in recent years have put access to firearms in the cross-hairs of gun control groups. Last year, some gun control advocates urged Facebook to ban posts advertising guns.

Facebook recently announced that it wouldn't do that, but that it would tighten its rules. Some gun control groups say Facebook missed the mark, but for gun owners, it's a good deal.

Cody Bourgeois recently got a new Smith and Wesson M&P .40 semi-automatic. He says it was his wife's idea.

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Business
9:49 am
Sat May 10, 2014

High-Ho, The Derry-O, The Farmer And The Drone

North Dakota farmer Jim Reimers shows off one of the drones he uses to collect data on his family's 30,000-acre farm.
Steve Henn NPR

Originally published on Mon May 12, 2014 10:11 am

There was a near-miss in the skies above Tallahassee recently. According to a Federal Aviation Administration official, an American Airlines regional jet nearly collided with a "small, remotely piloted aircraft" — a drone — cruising 2,300-feet above sea level.

Exactly who was flying the unmanned aircraft remains unknown, but drones are becoming increasingly common in U.S. skies. This week in North Dakota, the FAA began allowing tests of drones for agricultural purposes.

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Business
5:05 pm
Sat May 3, 2014

Playing Matchmaker To Empty Jobs And Those Seeking Them

Chevron's El Segundo Refinery is just one of many in the Los Angeles area that must stock up on workers during fast turnaround projects.
David McNew Getty Images

Originally published on Sun May 4, 2014 8:50 pm

The easiest time to get hired at one of the seven oil refineries in the Los Angeles area is during what's called a turnaround. These breaks, when the refineries are shut down for routine maintenance, are incredibly labor-intensive. And refineries want to get them done as quickly as possible.

So companies need enough people to get the job done. But those workers must have specific skills.

In this line of work, as with other U.S. industries, there's a skills gap.

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Business
4:16 am
Fri May 2, 2014

Agribusiness Funds 'Farmland' To Counter Hollywood Message

David Loberg's family farm in Carroll, Neb., is featured in the film Farmland.
Don Holtz Ketchum

Originally published on Tue May 6, 2014 10:38 am

The movie Farmland opened in theaters Thursday. It's the latest in a string of documentaries about agriculture, like Food Inc. and King Corn.

But while the latter two films made damning accusations about the environmental and human costs of modern agribusiness, this documentary was funded by agribusiness. It tells a very different story.

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