Business

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.

Read more
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.

Read more
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.

Read more
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.

Read more
Business
12:51 pm
Fri April 25, 2014

Gasoline Prices Rise As U.S. Refineries Send More Fuel Overseas

With so much fuel headed elsewhere, the national average price for a gallon of regular gasoline is now $3.69, compared with $3.53 a month ago, according to AAA.
Rich Pedroncelli AP

Originally published on Fri April 25, 2014 1:28 pm

The weather is warming and vacation season approaching.

And, just as predictably, the price of gasoline is rising. It does that every spring as refineries switch to more expensive summer blends.

But this year, the seasonal price bump is getting an extra bounce. Gasoline is costing consumers about 5 percent more than last year at this time, even though oil supplies are abundant. Why?

Experts say U.S. retail prices are nudging higher in large part because Gulf Coast refineries are sending more gasoline to other countries.

Read more
Business
3:39 pm
Tue April 22, 2014

Online Sales Taxes Shift Consumer Behavior, Study Shows

Monica Chavez packs up a box at an Amazon.com fulfillment center Dec. 2, in Phoenix.
Ross D. Franklin AP

Originally published on Wed May 14, 2014 4:34 pm

Technically, consumers are supposed to pay taxes on things they buy online. In fact, few do.

Congress is considering a bill called the Marketplace Fairness Act that would force many online sellers to collect sales taxes for the first time.

In the meantime, some states have already enacted so-called Amazon taxes, forcing the giant online retailer to collect sales taxes the same way traditional brick-and-mortar stores do.

Read more
Planet Money
3:01 pm
Mon April 14, 2014

When The Wealthy Need Cash, Pawn Shops Can Be Appealing

This diamond necklace was pawned at New York Loan. It's for sale for $65,000.
Ashley Milne-Tyte NPR

Originally published on Mon April 14, 2014 7:39 pm

Traditionally, pawn shops have been the last stop for people desperate for cash. But now there's a small but growing group of pawn shops for the wealthy.

Actor and model Regi Huc needed $75,000 in a hurry last year. He was making his first feature film, and needed to do re-shoots before the deadline to enter this year's film festivals.

On paper his finances look good. He owns some buildings in Philadelphia and has a stake in a family business, but he needed that money within a week. He didn't have the cash in his bank account. He didn't have time to apply for a loan.

Read more
Business
3:01 pm
Tue April 8, 2014

New Rules Force Big Banks To Keep A Bigger Cushion

Originally published on Wed April 9, 2014 4:24 am

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

Five and a half years after the financial crisis that devastated the global economy, U.S. officials are taking steps to strengthen the nation's banking system. Today, the Federal Reserve and the Federal Deposit Insurance Corporation approved tough new rules that require banks to hold a lot more capital on their books. Regulators say the requirements will reduce the risk of bank failures during bad economic times.

Read more
Business
2:40 am
Tue April 8, 2014

Why Women Don't Ask For More Money

Men are more likely to get venture capitalist support than women, and a new study found that attractive males get even more points — from both genders.
iStockphoto

Originally published on Tue April 8, 2014 9:17 am

When Emily Amanatullah was a graduate student studying management, she couldn't help noticing that a lot of the classic advice in the field was aimed more at men than women. Negotiation tactics in particular seemed tougher for women to master.

"You realize they're pretty at odds with how women comport themselves and how they're expected to comport themselves," she says.

She started to talk to other women and to examine her own behavior. All the women she spoke to said they hated advocating for themselves at work. But they had no trouble speaking up for colleagues.

Read more
Business
2:05 am
Tue April 1, 2014

Lending Circles Help Latinas Pay Bills And Invest

Alicia Villanueva gives change to a customer at Off the Grid, a weekly street-food market in San Francisco.
Sarah Peet Sarah Peet Photography

Originally published on Tue April 1, 2014 7:50 am

As part of its Changing Lives of Women series, Morning Edition is exploring women and their relationship with money: saving, purchasing and investing for themselves and their families.

Cuban-American Barb Mayo describes a tanda like this: "It's like a no-interest loan with your friends." Mayo had never heard of tandas growing up, and it wasn't until she started working in sales for a cable company in Southern California that she was introduced to the concept.

Read more

Pages