National News

Common Core Turns Business Leaders Against Oklahoma GOP

NPR News - Fri, 2014-04-04 13:49

Officials here adopted the education standards early and could make Oklahoma the second state to repeal them. The battle pits allies against each other: Conservative Republicans and business leaders.

» E-Mail This

Buying bonds instead of Final Four tickets

Marketplace - American Public Media - Fri, 2014-04-04 13:36

Tomorrow, the Wisconsin Badgers take on the Kentucky Wildcats, and the Florida Gators play the UConn Huskies. UConn's women's team is also in the running for a national championship.   So it's a big week for the University in Storrs, Connecticut -- because these games coincide with a major bond offering. The city is selling $220 million worth of municipal bonds to fund campus construction.   According to Bloomberg, bond buyers also hoped this might lead to some good seats at this weekend's games.   Sorry, the school says, it's not going to happen.

Pin the week on safety pins

Marketplace - American Public Media - Fri, 2014-04-04 13:35

From the Marketplace Datebook, here's an extended look at what's coming up the week of April 7 (Plus Sunday night. So sue us.):

  • Let's start with dragons. "Game of Thrones" season four finally premiers on Sunday night. Don't lose your head.
  • Actor Russell Crowe turns 50 on Monday. Happy birthday. He's currently starring in "Noah."
  • April 7 is International Beaver Day. To honor those little dam building environmental helpers.
  • On Tuesday the Labor Department releases its monthly Job Openings and Labor Turnover Survey and the Senate Finance Committee is scheduled to hold a hearing on "Protecting Taxpayers from Incompetent and Unethical Return Preparers."
  • Mid-week, the House Committee on Small Business discusses "The Biggest Tax Problems for Small Businesses." Right. It is tax season. Let's move on.
  • Finally something that helps us get dressed. A brilliant aide for well-appointed fashionistas was patented on April 10, 1849. We can thank inventor Walter Hunt for the safety pin.
  • On Friday the Labor Department issues its Producer Price Index for March, and the International Energy Agency releases its monthly oil market report on supply and demand around the globe.
  • But that's no fun. Let's end the week with International Louie Louie Day because, well, because people love to play that party song.

You Could Be A 'New Republican' If You Agree With This Ad

NPR News - Fri, 2014-04-04 13:34

A new ad featuring Gov. Bobby Jindal of Louisiana and former Florida Gov. Jeb Bush is part of an effort to rebrand the Republican Party — and end its reputation as "the party of no."

» E-Mail This

McDonald's Shuts Its Restaurants In Crimea

NPR News - Fri, 2014-04-04 13:26

The fast food chain cited the "evolving situation" for a decision to close its restaurants in Simferopol, Sevastopol and Yalta.

» E-Mail This

Never mind Letterman. What about his band?

Marketplace - American Public Media - Fri, 2014-04-04 13:21

The multi-million dollar question in the media world is: Who will get David Letterman’s time slot when the host steps down in 2015? An opening for a late night host also creates an opening for a band. Band leaders of successful shows are well-paid, and the increased exposure they get can open doors.

“It can enhance your chances of being successful at whatever it is that you want to do, simply because a lot of people know who you are,” says Jay Leno’s longtime band leader, Kevin Eubanks.

And for the musicians behind the band leaders, a regular spot in a late night band can be a nice change of pace from a hectic tour schedule.

Mark Garrison: When Letterman announced his retirement on the show, the on-air reaction was quick.

Band leader Paul Shaffer made a fortune playing sidekick and enduring cracks about his Canadian heritage. The exposure he got could open doors for him after the show ends.

Kevin Eubanks: It can enhance your chances of being successful at whatever it is that you want to do, simply because a lot of people know who you are now.

Kevin Eubanks was Jay Leno’s longtime band leader. Getting a slot like that isn’t easy. They just don’t come up that often.

Eubanks: Jay and I, for instance, we just got along. So sometimes it can just be something that simple. That, oh, these two people get along and that would make for good TV.

Music industry analyst Bob Lefsetz points out that it’s about more than band leaders. Behind them are working musicians trying to make a good living in a tricky industry. A job on a talk show can be a welcome break.

Bob Lefsetz: If you can get a gig on a late night show, get paid every night, sleep in your own bed, it’s very appealing.

And when you tour, you can pay bigger venues. But late night opportunities are shrinking, says Bill Carter, author of several books on late night TV.

Bill Carter: Frankly, one of the things I think you might see is a condensed band, because they have tighter budgets than they used to and the bands are expensive.

But don’t look for them to disappear. They play a vital role you don’t see on TV. Eubanks says bands are crucial for keeping the studio audience hyped up.

Eubanks: The audience has all this energy because we gave it to them during the commercials that they wanna release it, because they’re there to have a party.

And there’s now a chance for another band leader to join it. In New York, I'm Mark Garrison, for Marketplace.

Expecting A Spring Thaw, Shops And Restaurants Warm To Hiring

NPR News - Fri, 2014-04-04 12:49

Employment and wages are increasing, along with hopes for more consumer spending, analysts say.

» E-Mail This

In Wake Of Fort Hood Shooting, Attention Turns To Base Security

NPR News - Fri, 2014-04-04 12:45

While it appears the 2009 attack at Fort Hood was different in many ways from what occurred Wednesday, the latest attack is drawing attention again to security measures there.

» E-Mail This

Authorities: Fort Hood's Shooter's Mental Health Not 'Precipitating Factor'

NPR News - Fri, 2014-04-04 12:32

Authorities said an argument may have led to the shooting rampage. The family of Spc. Iván López issued a statement saying they were troubled and surprised by his alleged actions.

» E-Mail This

Waters Will Flood Part Of Colorado River, For Just A Few Weeks

NPR News - Fri, 2014-04-04 12:30

Thanks to an agreement between the U.S. and Mexico, water is flowing to 35 million people in both countries along the Colorado River Delta. At least for now.

» E-Mail This

About half of America has zero net wealth

Marketplace - American Public Media - Fri, 2014-04-04 12:20
Monday, April 21, 2014 - 05:17 TIMOTHY A. CLARY/AFP/Getty Images

Trump Tower on 5th Avenue in New York.

Wealth is the value of everything you own: stocks, bonds, your home, your car -- minus your debts. And while income inequality has taken center stage in debates about the growing gap between rich and poor, what's happening with wealth paints an even more staggering picture.

The wealth share of the 0.01 percent, or the top 16,000 families in America, has skyrocketed. That tiny group now owns 12 percent of the wealth in America.

The wealth of the larger one percent  -- and even the .5 percent -- isn't rising.

These days, if you want to be among the biggest winners, says UC Berkeley researcher Gabriel Zucman, who co-wrote a new report on wealth, it helps to be in the 0.1 percent or better.

Around 50 percent of the US population, Zucman said, has zero net wealth. Their debts, effectively, equal their assets. 

Marketplace Morning Report for Monday, April 21, 2014by Noel KingPodcast Title About half of America has zero net wealthStory Type News StorySyndication Flipboard BusinessSlackerSoundcloudStitcherBusiness InsiderSwellPMPApp Respond No

Yes, the Hard Rock Cafe still exists

Marketplace - American Public Media - Fri, 2014-04-04 12:17
Friday, April 4, 2014 - 15:13 Aaron Davidson/Getty Images for Food Network SoBe Wine & Food Festival

Pat LaFrieda Meats hosted by Rachael Ray during the Food Network South Beach Wine & Food Festival at Beachside at The Ritz Carlton on February 21, 2014 in Miami Beach, Florida. 

There are fewer than ten Planet Hollywood locations still open -- but for the Hard Rock Cafe, life after the recession has been one marked by growth.

And that has to do with their post-recession strategy, says Venessa Wong, a reporter at Bloomberg Businessweek.  The Seminole Tribe of Florida bought the struggling themed restaurant chain in 2007. Since then, the company has focused on building more restaurants overseas and expanding into a line of hotels and casinos.

In the U.S., they’ve also tried to update the brand by changing restaurant décor and playing new music. Wong thinks the changes and growth strategy could very well prove successful.

"As long as they offer tourists a good enough experience while they’re there, they’re probably likely to visit another Hard Rock at another location the next time they’re traveling to a place where it’s hard to find a good hamburger,” Wong said.

Marketplace for Friday April 4, 2014Interview by David GuraPodcast Title: Yes, the Hard Rock Cafe still existsStory Type: InterviewSyndication: SlackerSoundcloudStitcherSwellPMPApp Respond: No

When being cheap isn't worth it

Marketplace - American Public Media - Fri, 2014-04-04 12:16

TLC's reality show ,"Extreme Cheapskates," showcases people who go to, well, extremes to save money. There's the woman who refuses to spend money doing laundry, so she uses a free sample of detergent and  her time in the shower to give her clothes a cleaning of sorts. And then, there's the couple who, as self-described cheapskates, decided to bestow a crib found in a dumpster unto their unborn daughter. 

There is quite a difference between cheap and frugal, according to Daryl Paranada, a reporter for MyBankTracker.com, the differences are pretty clear. 

"Frugality means you're conscious about how you use and spend your hard-earned money," Paranada says. "Being cheap means you want to spend the least amount of money possible, no matter what. And that's not always the best approach to spending money. There are times when being cheap just isn't smart."

Many people try to save money when making home improvements by doing it themselves,  but Paranada says that when undertaking home improvement projects, going the cheap route is not the way to go. 

"Before you take out the hammers and you start a DIY project for your house, you should ask yourself three questions," he says. "First, do I know what I'm doing? Could I hurt myself or my house? And finally, is it worth my time?" 

Paranada also says that there are some things that are worth the money you pay for them. 

"If you think about it, you spend half your time in a mattress and half your time in shoes. A good mattress might cost you about $1000, but it's worth it because in the end it's all about value. What kind of things do you value? What kinds of things might improve your quality of life ," he says. 

For more tips on how to save money without being a miser, see Daryl Paranada's article, "13 Instances When Being Cheap Doesn't Pay Off."

Yes, the Hard Rock Cafe still exists

Marketplace - American Public Media - Fri, 2014-04-04 12:13

There are fewer than ten Planet Hollywood locations still open -- but for the Hard Rock Cafe, life after the recession has been one marked by growth.

And that has to do with their post-recession strategy, says Venessa Wong, a reporter at Bloomberg Businessweek.  The Seminole Tribe of Florida bought the struggling themed restaurant chain in 2007. Since then, the company has focused on building more restaurants overseas and expanding into a line of hotels and casinos.

In the U.S., they’ve also tried to update the brand by changing restaurant décor and playing new music. Wong thinks the changes and growth strategy could very well prove successful.

"As long as they offer tourists a good enough experience while they’re there, they’re probably likely to visit another Hard Rock at another location the next time they’re traveling to a place where it’s hard to find a good hamburger,” Wong said.

Paula Deen's Restaurant, Site Of Seafood And Slurs, Shuts Down

NPR News - Fri, 2014-04-04 12:07

The restaurant at the center of a lawsuit involving celebrity chef Paula Deen has closed. Uncle Bubba's Seafood & Oyster House in Savannah, Ga., surprised employees by handing out final paychecks Thursday. Deen owned the eatery with her brother Bubba Hiers. A 2012 lawsuit accused the two of sexual harassment and racial discrimination.

» E-Mail This

In March Jobs Report, Market Awakens From A Winter Swoon

NPR News - Fri, 2014-04-04 12:07

The U.S. economy added 192,000 jobs in March, according to data released this morning. The unemployment rate refused to budge, though, holding steady at 6.7 percent.

» E-Mail This

ON THE AIR
PRI's"The World"
Next Up: @ 01:00 pm
Pot Luck

KBBI is Powered by Active Listeners like You

As we celebrate 35 years of broadcasting, we look ahead to technology improvements and the changing landscape of public radio.

Support the voices, music, information, and ideas that add so much to your life.Thank you for supporting your local public radio station.

FOLLOW US

Drupal theme by pixeljets.com ver.1.4