Ever try shopping on your smartphone and decide you don't want to put in your credit card number? Visa says it's a big problem and came up with a tool that combines improved security and convenience.
"The punch in that punch bowl is still 108 proof," says Dallas Federal Reserve Bank Chair Richard Fisher. "Things look better when you have a lot of liquidity in your system."
He's calling on Washington to end the taper and rasie interest rates, something he believes will happen by October.
Chairman Fisher gave a speech on monetary policy today at USC Annenberg and stopped by Marketplace to chat afterwards.
Here is a link to his full speech, titled " Monetary Policy and the Maginot Line (With Reference to Jonathan Swift, Neil Irwin, Shakespeare’s Portia, Duck Hunting, the Virtues of Nuisance and Paul Volcker)". Listen to his full conversation with Kai Ryssdal in the audio player above.
A Houston internist who supported the Affordable Care Act now finds that many of her patients who bought less expensive coverage have trouble getting the specialized care they need.
Audie Cornish speaks with Robert Turner of the United Nations in Gaza City, discussing the extent of the devastation there in the midst of Israel's bombardment.
As the violence between Hamas and Israel continues, so too do the funerals that come in its wake. NPR correspondents Ari Shapiro and Emily Harris attended two such funerals today, in Tel Aviv and Gaza respectively, and they tell of what they learned there.
Time Warner has rejected a buyout offer, reportedly as high as $80 billion, from Rupert Murdoch's 21st Century Fox. A deal between the two companies would create a media powerhouse — and a thicket of challenges for anti-trust regulators.
By prohibiting acts like loitering and sleeping in public, cities hope to make streets safer. But advocates for the homeless say this type of legislation can be counterproductive.
The Senate has voted 53 to 44 to confirm Ronnie White for a federal court judgeship in Missouri, 17 years after he was first nominated by President Bill Clinton.
From shelter mutts to show dogs, Texas canines are getting a parasite that causes heart problems in people. Dogs don't spread the parasite directly to humans. But they help to make it more prevalent.
Apple and IBM were once rivals but the two companies announced a plan Wednesday to work together. They will collaborate on software and cloud services, and IBM will distribute Apple products to some of its biggest customers – big business, universities, and the government.
This deal is a way for Apple, maker of the iPhone and the iPad, to get more of those mobile devices into the workplace – historically BlackBerry’s and Microsoft’s turf. According to Norman Young, an analyst with Morningstar, this deal may have caught them by surprise.
“They didn’t really think that Apple would really compete in this space, because they never really had,” he says.
For a long time, Apple’s focus has been on consumers, but according to Stacy Crook of the market research company IDC, Apple has been making inroads. The workplace has seen more of what she calls “B.Y.O.D.”
“We just use the same device for our business use and our personal use these days,” she says.
IT guys and gals have tolerated that – sometimes grudgingly. These days, when we bring our own devices, odds are they are not BlackBerrys.
“You know, from a BlackBerry’s perspective, this is pretty significant,” says tech analyst Sharon Cross, of Cross Research. She says BlackBerry made its name selling its devices to big business, and the security of its network was a huge selling point. With this new partnership, Apple and IBM say they will give corporate clients the assurance their apps and devices will be just as secure.
So what about Microsoft?
“This agreement is good for Apple, it’s good for IBM, it’s bad for BlackBerry, and it’s really not that impactful to Microsoft,” Cross says, noting companies will still buy PCs running Windows.
IBM could have partnered with Google. After all, Android phones remain popular. But according to Roger Kay, the head of Endpoint Technologies Associates, Apple’s trademark simplicity may have given it an edge.
“IT managers don’t have to deal with a hugely complex environment,” he says. “They know kind of what they’re getting.”
There are hundreds of different types of phones and tablets that run the Android operating system. With Apple, there’s just a handful.
As chairman of 21st Century Fox, Rupert Murdoch owns many things: cable networks, a broadcast network and a big movie studio. As head of News Corp. he also owns some newspapers and a book publishing house. Now he’s also made a bid for Time Warner, which owns HBO, other cable networks and another big movie studio. Time Warner has turned him down, for now, but it’s worth asking what he wants with it.
Analysts say Time Warner has finally shrunk itself to the exact right size and shape for someone like Rupert Murdoch to be interested in it.
“Time Warner used to have AOL as part of its portfolio— that’s no longer true,” says Jim Goss, managing director of Barrington Research. “It obviously had Time Inc., the magazine publishing group, but as of about a month ago, that’s no longer true.”
Most importantly, Comcast's proposed takeover of Time Warner Cable creates a huge potential adversary on the other side of the bargaining table: Distribution. That’s Murdoch’s adversary too.
Together, the two media companies gain clout. “Fox with Time Warner would have incontestable leverage against any distributor in terms of audience demand,” says Porter Bibb, managing partner at Mediatech Capital Partners. “People would go beserk if they couldn’t get what Fox would own.”
Conventional wisdom holds that this marks the beginning of a long campaign. Over a decades-long career, Murdoch has pursued other deals relentlessly.
“He likes to win,” says Samuel Craig from NYU’s Stern School of Business. “I think he’ll persist.”
Craig says Murdoch may find allies on the other side of the table. “I think when the shareholders of Time-Warner look at it — and the price goes up a bit — they may say, ‘This is a pretty good deal, and we should do it.’”
Rebels captured the eastern half of Aleppo, the country's biggest city, two years ago. Now President Assad's army looks likely to drive them out in what would be a major blow to the opposition.