business

Business & Technology
12:24 pm
Wed July 18, 2012

Entergy expects earnings to slip

Entergy Corp. said it expects its second-quarter earnings to be about $2.05 per share, down from $1.76 a share for the same period a year ago.

The New Orleans-based utility company plans to release its financial report for the quarter later in July.

Louisiana Credit Rating
2:56 pm
Tue July 17, 2012

Moody's takes note of Louisiana Medicaid cut

Moody's Investors Service says Louisiana's loss of as much as $859 million in Medicaid financing is a "credit negative" for the state.

The notation from the bond-rating agency does not yet affect the state government bond rating — currently high investment grade and stable — but denotes for investors a significant change in the state's balance sheet.

The Times-Picayune reports (http://bit.ly/Q4abRS) the cut is tied to a congressional reduction in Louisiana's federal Medicaid financing rate.

Read more
Spirit Airlines
5:50 pm
Mon July 16, 2012

Spirit Airlines to start service to New Orleans

Spirit Airlines is starting service to New Orleans, offering daily non-stop flights between Louis Armstrong New Orleans International Airport and Dallas/Fort Worth International Airport.

New Orleans International says the low-cost carrier plans to start the flights on Jan. 24 with either a 145-seat Airbus A319 or 178-seat Airbus A320.

The planned flight schedule calls for one round trip between New Orleans and Dallas daily.

The Two-Way
4:37 pm
Mon July 16, 2012

Yahoo Appoints Marissa Mayer, A Longtime Google Exec, As CEO

Marissa Ann Mayer gestures as she gives an interview in January of 2008.
Oliver Lang AFP/Getty Images

Originally published on Mon July 16, 2012 4:46 pm

Yahoo is turning to a longtime Google executive to try to turn around the ailing company. Effective tomorrow, Marissa Mayer will be Yahoo's new chief executive. She will be the fifth CEO in as many years.

According to Yahoo's press release, Mayer was one of Google's first employees and most recently she was responsible for the company's local, maps and location services.

Mayer's job, reports the AP, is to help the company "rebound from financial malaise and internal turmoil."

Read more
The Two-Way
11:39 am
Mon July 16, 2012

A Perk Of Being Rich: Facebook's Zuckerberg Pays 1 Percent Interest On Mortgage

Mark Zuckerberg, right, and Andrew Houston, founder and chief executive of Dropbox, wait in a parked car for the traffic to clear out at the Sun Valley Lodge during the Allen & Company Sun Valley Conference last week.
Kevork Djansezian Getty Images

Originally published on Mon July 16, 2012 11:54 am

Last Thursday, the interest rate on 30-year mortgages dipped to its lowest level ever: 3.56 percent.

Read more
Food
11:38 am
Mon July 16, 2012

Louisiana produce growers have new marketing group

Produce growers in Louisiana have a new organization for marketing, lobbying and providing information about production.

LSU AgCenter gardening specialist Kiki Fontenot says a vegetable growers' group stopped functioning a few years ago. She says the same people usually grow both fruits and vegetables, so the new organization is the Louisiana Fruit and Vegetable Growers.

Officers elected at the first meeting represent growers from each area of the state.

The Two-Way
7:41 am
Mon July 16, 2012

Retail Sales Dip For Third Straight Month, But Are Still Up From Year Earlier

Originally published on Mon July 16, 2012 7:49 am

The bad news: Retail sales fell 0.5 percent in June from May, the Census Bureau says. It's the third straight month that sales have been down from the month before.

But, Census adds that June sales were 3.8 percent above the pace of June 2011. And, "sales for the April through June 2012 period were up 4.7 percent ... from the same period a year ago."

Read more
Business
4:02 am
Mon July 16, 2012

Mitsubishi, Suzuki, Mazda Struggle In U.S Market

Originally published on Wed July 18, 2012 3:40 pm

Transcript

STEVE INSKEEP, HOST:

The recession came close to killing off some of the American automakers. Now in a slow recovery, the American companies are doing better. Japanese car companies, some of them, are struggling - in particular some of the smaller Japanese automakers are facing trouble. NPR's Sonari Glinton looks at the fortunes of what are known as the Little Three.

Read more
Business
3:30 am
Mon July 16, 2012

Business News

Originally published on Mon July 16, 2012 6:20 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with Microsoft's moves in the news business.

(SOUNDBITE OF MUSIC)

Business
3:30 am
Mon July 16, 2012

The Last Word In Business: Weed Dating

Originally published on Mon July 16, 2012 6:25 am

Transcript

STEVE INSKEEP, HOST:

And let's stay in the land of milk and honey, because our last word in business takes us to a barnyard venture that is solving to very old problems at once. The first is keeping unwanted plants out of a productive vegetable garden. The second, more existential problem is finding a suitable romantic partner. And the last word is weed dating.

RENEE MONTAGNE, HOST:

Read more

Pages