National News

PODCAST: Alibaba IPO

Marketplace - American Public Media - Wed, 2014-05-07 07:11

Alibaba, the online commerce giant of China, has filed the paperwork to trade its stock in the United States. Regulators will now comb through more than 2000 pages of Alibaba documents. If the IPO moves forward it could be valued at $100 billion, six times the value of Facebook when it hit the public market two years ago. The BBC's chief business correspondent Linda Yueh joined us to discuss.

So, how long does it take you to watch all those programs you DVR? You might not care if you wait a day or two, but you know who does? Network executives and advertisers. That's because ad deals are based on what's known as C3, a measurement of commercial minutes seen live and over the following three days. Advertisers don't pay for your eyeballs if you watch "Scandal" on day four.

It's just over a year since a clothing factory collapsed in Bangladesh, which caused the death of more than 1,000 people. The complex tragedy has brought some changes to safety conditions in places that may have manufactured many kinds of affordable clothing Americans buy and wear, but what has gotten less attention is a change in the law that lets employees form a union without the permission of their employer.

 

Brunei's Shariah Law Spurs Boycott Of Beverly Hills Hotel

NPR News - Wed, 2014-05-07 06:43

The Beverly Hills City Council voted Tuesday to ask Brunei's government to divest itself of the famed luxury hotel. Brunei's harsh new laws have made its hotels a target of celebrity boycotts.

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Reported $147 Million Home Price Would Set New U.S. Record

NPR News - Wed, 2014-05-07 06:07

The stock market has been on a winning streak of late. How else to explain three homes that each reportedly sold for more than $100 million in the past three months?

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Nation's Report Card Shows Stagnant Scores For Reading, Math

NPR News - Wed, 2014-05-07 06:01

The latest National Assessment of Educational Progress shows high school seniors testing no better than the Class of 2009.

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Employers Eye Moving Sickest Workers To Insurance Exchanges

NPR News - Wed, 2014-05-07 05:36

Since most big corporations are self-insured, shifting even one high-cost employee out of the company plan could save the employer hundreds of thousands of dollars a year.

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The struggles to unionize workers in Bangladesh

Marketplace - American Public Media - Wed, 2014-05-07 04:27

It's just over a year since a clothing factory collapsed in Bangladesh, which caused the death of more than 1,000 people.  

The complex tragedy has brought some changes to safety conditions in places that may have manufactured many kinds of affordable clothing Americans buy and wear, but what has gotten less attention is a change in the law that lets employees form a union without the permission of their employer.

Nomita Nath is a labor organizer in Bangladesh on a visit to the U.S. organized by the International Labor Rights Forum in Washington. She started working in a garment factory when she was 12-years-old.

"They used to make us work until 10 o'clock at night. If production wasn't finished, they'd make us work overtime without any overtime pay. There wasn't any clean drinking water. The management used to hit the women for little things -- if they said anything, if they asked any questions," - Nomita Nath 

Pressing for unions is never easy, and it's made tougher still by what Nath describes as a simple tactic -- employers can tell employees to sign a blank piece of paper. And that signature, Nath says, becomes a form of control.   

"By signing the paper, it allows managers to write things on that piece of paper that will hold us guilty. They'll write things like, we've stolen something or we've broken something -- anything can be written on top of our signature."

Nomita Nath is a labor organizer in Bangladesh. She joined Marketplace Morning Report host David Brancaccio with her translator Monna Khan. 

Report Details Hundreds Of Complaints Against U.S. Border Agents

NPR News - Wed, 2014-05-07 04:03

The complaints include accusations that agents kicked a pregnant woman, stomped on a man and physically forced a minor to sign a document. A fraction of them resulted in disciplinary action.

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Democrats Play Wait-And-See On Benghazi Panel

NPR News - Wed, 2014-05-07 03:03

Despite a call from some to boycott the GOP's newest Benghazi probe, Minority Leader Nancy Pelosi and other Democrats aren't going that far — yet.

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Draw My Left! No, No, My Other Left! A Hidden Bias In Art History Revealed

NPR News - Wed, 2014-05-07 03:03

Why is it that in thousands of portraits done all over the world, artists emphasize the left side of the subject's face? There's a bias here, and it's hiding in our brains.

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Thai Court Removes Prime Minister Yingluck From Office

NPR News - Wed, 2014-05-07 03:02

Saying Prime Minister Yingluck Shinawatra had violated Thailand's constitution, the Constitutional Court ousted the caretaker leader Wednesday, along with nine ministers.

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Flying in a small plane to the edge of the U.S.

Marketplace - American Public Media - Wed, 2014-05-07 02:34

So here's what I want you to do. Take a look a the video we embedded at the top of this post. It's a little old – last December or thereabouts, I think. But it'll do.

That's Jim Fallows in the left seat doing the flying, me in the right, along for the ride. We're in Jim's Cirrus SR-22, out of Portland, Maine, headed waaaaay down east to Eastport, Maine, which is, for the record, the eastern-most point in the continental United States.

I mention it because by the time this post is up I'll be back in Jim's plane, flying from Birmingham, Alabama, over to Columbus, Mississippi, for another installment of the project we've been working on with Jim, his wife Deb, and the Atlantic Magazine for the past 6 or 8 months, called 'American Futures.'

It's a pretty simple concept: Jim and Deb fly around the country, seeing what they can see from the air, landing at one of the thousands of small airports that're out there, with us tagging along from time to time. We hope that by the end of it we'll have a pretty good picture of what the American economy looks like right now.

Dispatches from Columbus coming soon to a radio show near you – ten days or so. Oh, and be sure to stick with the video 'til about 1:55 or so.

'Converting your pension into a granite countertop'

Marketplace - American Public Media - Wed, 2014-05-07 02:17

It's becoming harder and harder for consumers to get loans. So they're turning to another money source -- their retirement accounts.

During good times, we contribute to our retirement plans. In bad times, we raid them. The Great Recession threw the raiding into high gear. Many people used their retirement money to stave off disaster.

University of Michigan economist Frank P. Stafford says we spent on "layoffs, unexpected medical expenses." But, some retirement raids were for things like home makeovers:

"Converting your pension into a granite countertop," says Stafford.

The thing is, if you take money out of your retirement plan before age 59 and a half, you pay a 10 percent penalty.

Yet, Stafford says, 5 to 6 percent of us have done that over the past two years.

You can avoid the penalty by just borrowing against your retirement accounts. Plenty of us did so in 2012.

"Basically one out of five employees over the one year period take loans out of their 401k plan and have an outstanding balance," says Joe Ready, the head of institutional retirement at Wells Fargo.

Ready says there is a little good news. Those loans have plateaued, and more people are contributing to their retirement plans.

Retirement Breach In Defined Contribution Plans (from HelloWallet)

Why advertisers care how long a show sits in your DVR

Marketplace - American Public Media - Wed, 2014-05-07 02:14

So, how long does it take you to watch all those programs you DVR?

You might not care if you wait a day or two, but you know who does? Network executives and advertisers.

That's because ad deals are based on what's known as C3, a measurement of commercial minutes seen live and over the following three days. Advertisers don't pay for your eyeballs if you watch "Scandal" on day four.

"From the networks' perspective, they're saying, 'Well hey, if someone didn't skip the commercial on day four, why are they worth nothing?'" says Brian Wieser, senior analyst at Pivotal Research Group.

But some ads do get stale. That ad for the Saturday-only sale? Doesn't do much good on Sunday.

So now tell us, how long does it take you to get to the shows you missed?

How long do you typically wait to watch shows on your DVR?

Ditching the single-use water bottle

Marketplace - American Public Media - Wed, 2014-05-07 02:14

Every day at a sprawling Arrowhead bottle plant in Los Angeles, a towering yellow robot nicknamed "Apollo" grabs empty 5 gallon water cooler jugs from trucks, and sends them to refill stations under the watchful eye of technicians.

Those large office water bottles get tons of re-use, but most individual plastic bottles are only used once. How do we reduce that waste? San Francisco Supervisor David Chiu wrote legislation to limit single-use bottle sales on public property. 

"People can still purchase single use plastic water bottle at their local grocery store or their corner store," Chiu says. "But what we want to do is really ask residents in our city to think about changing their consumer behavior."

A New York entrepreneur named Nan Harris hopes to change our water drinking habits with a vending machine called WaterStop Carts. After noticing the wastefulness of single-use bottles, she sold her co-op to finance a company to develop a more efficient technology.

WaterStop Carts - First Prototype from WaterStop Carts on Vimeo.

"Bottled water is just easier to find, that's all there is to it," says Harris. "So we developed the concept of accessibility through mobility."

Harris' sleek metal vending machine connects to municipal tap water, then runs it through filters like those at the giant bottled water plants. It also sells reusable bottles that collapse when not in use. Future versions will dispense another life-saving resource: wifi hotspots.

MIT students invented a similar machine called Refresh. It sells new bottles for $1.50, but refills are just 50 cents if you bring your own bottle.

Over in Los Angeles' Koreatown, Richard Chin and his fiancee opened a water store called Alkasource. In a back room that looks like a science lab, they filter regular Los Angeles tap water into a bottle of your choice: plastic, glass, or metal.

"Once we started doing research about how water is sold, how water is produced and purified, we found that there weren't that many resources for great quality water," says Chin. "And so we decided to get into this business to provide the community with a source for very clean water."

The International Bottled Water Association's Chris Hogan acknowledges that lots of new eco-friendly options have popped up lately. "We have no problem with tap water, filtered water, using a reusable water bottle," Hogan says. "The important thing is to drink water."

The end result for consumers is more choice -- from a bottling plant full of robots, to little machines that filter water right in front of you.

Making music for the movies with John Powell

Marketplace - American Public Media - Wed, 2014-05-07 01:00

Having scored over 50 films, John Powell knows what a film should sound like. With his latest project, Rio 2, creating the original soundtrack involved a lot of unique sounds; like the swoosh of bird feathers, for example.

It's all part of his meticulous process of recording isolated sound effects and instrumental lines, then putting them together in a final mix. This kind of technological control is huge for Powell.

In fact, he says he wouldn't be the composer he is now without computers. 

Starting with the Atari ST 1080 -- Yes, that Atari ST 1080 -- computers have become an integral part of Powell's composition process.

Yet, in spite of having some of the most advanced recording technology at his disposal, Powell says the most important technological advancement in his process has been having instant access to different kinds of music from around the world: 

"Ultimately it comes down to whether or not you can write a tune. And that really is just about the music you've experienced."

In Ukraine's Corridors Of Power, An Effort To Toss Out The Old

NPR News - Tue, 2014-05-06 23:36

Ukraine's attempt at "lustration" isn't a case of bad translation. It's a political process aimed at rooting out those tainted by the old regime or corruption. But will it work?

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The Changing Picture Of Poverty: Hard Work Is 'Just Not Enough'

NPR News - Tue, 2014-05-06 23:34

Many American families living in or right above the poverty line have flat-screen TVs, cars and cellphones — so what does living in poverty mean today?

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Faith Drives A Father To Create A Test For Childhood Cancer

NPR News - Tue, 2014-05-06 23:33

Noah Shaw was diagnosed with a potentially fatal cancer when he was just 4 months old. That didn't shake his father's faith in God. But it did drive him to try to invent an early cancer test.

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Hawaii Releases Video Of Teen Dropping From Jet

NPR News - Tue, 2014-05-06 22:45

Hawaii transportation officials released video Tuesday of a California teen hopping from a jet's wheel well April 20 after stowing away for a 5½-hour flight.

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Settlement Fund Would Compensate 2012 Meningitis Victims

NPR News - Tue, 2014-05-06 22:13

A settlement filed with a federal bankruptcy judge would create a fund of more than $100 million to compensate victims of a nationwide meningitis outbreak linked to a Massachusetts pharmacy.

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