Business & Technology

Business & Technology
4:23 pm
Thu July 19, 2012

Entergy, Cleco customers can expect some refunds soon

Officials say customers at two Louisiana-based energy companies will be receiving refunds as credits on their energy bills this summer.

Members of the state's Public Service Commission voted to let Pineville-based electricity provider Cleco Corp. put a refund on its customers' September bills.

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The Salt
4:19 pm
Thu July 19, 2012

As Drought Kills Corn, Farmers Fight Over Ethanol

Stunted corn grows in a field next to a cattle feed lot in rural Springfield, Omaha, Neb.
Nati Harnik AP

We often talk about the "farm lobby" as though farmers spoke with a unified voice. And it's true, they usually try to.

But an unusually bitter and public fight is breaking out right now between the farmers who grow corn and other farmers who need to buy that corn.

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The Two-Way
1:09 pm
Thu July 19, 2012

Ford Recalls Some 2013 Escapes, Tells Owners Not To Drive Them

Ford's Escape was redesigned for the 2013 model year. Last month, this one rolled of the assembly line in Louisville, Ky.
Brian Bohannon AP

Warning that a fuel line could leak, "potentially resulting in an underhood fire," Ford Motor Co. today told owners of about 11,500 model year 2013 Escapes "to stop driving their vehicles and to immediately contact their dealers."

The company said that "dealers will deliver a loaner vehicle to customers and will then transport their 2013 Escape to the dealership until the repair has been completed."

There have been no injuries reported in connection with the problem, the company said.

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The Two-Way
9:17 am
Thu July 19, 2012

Mixed Signals: Sales Of Existing Homes Dipped, But Prices Rose

While sales of existing homes fell 5.4 percent in June from May, their median price was up 7.9 percent from a year earlier.

In addition, the National Association of Realtors reports, the supply of existing homes available for sale continued to shrink — including the number of "distressed" homes on the market because of foreclosures.

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The Two-Way
7:48 am
Thu July 19, 2012

Jobless Claims Rose By 34,000 Last Week

There was a 34,000-increase in the number of Americans filing first-time claims for jobless benefits last week, the Employment and Training Administration reports.

It says 386,000 people filed claims, up from 352,000 the week before. "The 4-week moving average was 375,500, a decrease of 1,500 from the previous week's revised average of 377,000."

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Business
6:11 am
Thu July 19, 2012

Yahoo May Be Marissa Mayer's Biggest Challenge Yet

Originally published on Thu July 19, 2012 7:00 am

Transcript

RENEE MONTAGNE, HOST:

We're going to hear more now about the woman taking the reins of one of Silicon Valley's most famous and challenged companies. Marissa Mayer took the tech world by surprise this week when it was announced she was taking the CEO job at Yahoo. The buzz grew louder when it came out she's pregnant and planning on working during her maternity leave.

Mayer is known for being one of Google's first employees and its first female engineer. NPR's Laura Sydell has this profile of Mayer and what she brings to her new job at Yahoo.

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NPR Story
3:41 am
Thu July 19, 2012

The Last Word In Business

Originally published on Thu July 19, 2012 7:01 am

United Airlines posted a deal last week that got Brian Kelly's attention. He writes a blog about frequent flyer miles called "The Points Guy." The flight he was looking at was to Hong Kong that would require four frequent flyer miles.

NPR Story
3:41 am
Thu July 19, 2012

Interest Rate Scandal Follow Up

Originally published on Thu July 19, 2012 7:01 am

An influential group of bankers comes up with the critical interest rate known as the LIBOR. The world uses it as a benchmark for how much to charge consumers on mortgages and other loans. For more on how the rate is set, Renee Montagne talks to Gillian Tett of the Financial Times.

NPR Story
3:41 am
Thu July 19, 2012

Business News

Originally published on Thu July 19, 2012 7:00 am

Egypt's former spy chief Omar Suleiman was appointed vice president at the peak of the democracy uprising in January of 2011. The official Middle East News Agency said in a brief report that Suleiman died at a U.S. hospital early Thursday.

The Two-Way
5:01 pm
Wed July 18, 2012

Is American Stalling On A Merger With US Airways?

US Airways CEO Doug Parker waits to be introduced prior to his address to a National Press Club Newsmaker Luncheon in Washington, DC.
Alex Wong Getty Images

Originally published on Wed July 18, 2012 9:05 pm

Could it be that American Airlines CEO Tom Horton is resisting the warm embrace of US Airways CEO Doug Parker over a little thing like money?

During a National Press Club luncheon Wednesday, Parker didn't exactly shoot down suggestions that American's leadership has been stalling on a merger of the two carriers because of the potential for personal gain.

Asked whether Horton is focused on the payday he would get if American were to remain independent a while longer, Parker hesitated. For more than 8 seconds, his answer was: "Um. The. Uh. Let's see."

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