Business & Technology

Business & Technology
2:25 pm
Wed July 18, 2012

City marketing group picks New York agency

Local advertising agencies that held the New Orleans Tourism Marketing Corp. contract for more than a decade failed to win a new deal with the tourism promotion organization.

The Times-Picayune reports (http://bit.ly/Q6WU9Z) the work will go to a New York company.

The marketing corporation's board voted unanimously Tuesday to hire Dentsu America as its advertising agency of record. Dentsu will work with a local company, Spears Consulting Group.

The Two-Way
2:09 pm
Wed July 18, 2012

To Help Dissidents, YouTube Introduces Face-Blurring Tool

A screenshot of how the face-blurring technology works.
YouTube

Originally published on Wed July 18, 2012 6:58 pm

In an effort to make posting video on YouTube safer for activists, YouTube has announced a new tool that automatically obscures faces.

"Whether you want to share sensitive protest footage without exposing the faces of the activists involved, or share the winning point in your 8-year-old's basketball game without broadcasting the children's faces to the world, our face blurring technology is a first step towards providing visual anonymity for video on YouTube," Amanda Conway, a policy associate at YouTube wrote in a blog post.

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The Two-Way
1:09 pm
Wed July 18, 2012

In First Enforcement, Consumer Watchdog Fines Capital One

People use an ATM at a Capital One Bank branch in Washington in April 2012.
Nicholas Kamm AFP/Getty Images

Originally published on Wed July 18, 2012 1:20 pm

Capital One Bank has agreed to refund two million of its customers $140 million over allegations that it used deceptive marketing tactics to pressure or mislead customers into buying add-on products, the Consumer Financial Protection Bureau announced today. The bank and credit-card lending company will also pay a $25 million penalty.

This is the consumer watchdog agency's first public enforcement action.

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Economy
1:03 pm
Wed July 18, 2012

Rethinking Economies: Ideas For 'Fixing The Future'

Raquel Rodriguez and Sylvia Barrios work at Yo Mama's Catering Cooperative, the first worker-owned catering business in Austin, Tx.
JumpStart Productions LLC

Originally published on Thu July 19, 2012 11:42 am

In the documentary Fixing the Future, reporter David Brancaccio traveled across America to talk to people who are working to reinvent the American economy. Through innovative approaches to creating jobs and wealth — like time banking, worker cooperatives, local currencies and community banking — Americans are rethinking how we measure prosperity and calculate GDP.

NPR's Jennifer Ludden talks with Brancaccio about new experiments in the economy of the future.

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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.

The Two-Way
8:26 am
Wed July 18, 2012

Housing Starts Hit Four-Year High; Bernanke Heads Back To Capitol Hill

In Phoenix earlier this month, workers were framing this new home.
Matt York AP

Originally published on Wed July 18, 2012 8:57 am

There's more evidence that the housing sector is on the mend and may be the sector of the economy that's got the most going for it these days.

According to the Census Bureau and Department of Housing and Urban Development there was a 6.9 percent increase in "housing starts" last month. At an annual rate of 760,000, ground-breaking for construction of single-family homes, apartments and condominiums the pace hit a four-year high, The Associated Press says.

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Business
6:00 am
Wed July 18, 2012

Companies Beat Wall Street Expectations

Originally published on Wed July 18, 2012 8:57 am

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

Some surprise earnings are at the top of NPR's business news.

RENEE MONTAGNE, HOST:

Economy
3:33 am
Wed July 18, 2012

Economic Update

Originally published on Wed July 18, 2012 4:58 pm

Transcript

RENEE MONTAGNE, HOST:

If Ben Bernanke is frustrated by the economy, as he seems to be, he might look at a recent issue of The Economist magazine. Editors there see enough strength that they saw fit to print an illustration of Uncle Sam as a bare-chested muscleman.

STEVE INSKEEP, HOST:

Let's talk about that and more with regular guests on this program, Zanny Minton Beddoes of The Economist. Welcome back to the program.

ZANNY MINTON BEDDOES: Nice to be here.

INSKEEP: And David Wessel of The Wall Street Journal. Hi, David.

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Business
3:33 am
Wed July 18, 2012

The Last Word In Business

Originally published on Thu July 19, 2012 7:39 am

One big reason Canadians have pulled ahead, is the U.S. housing bust destroyed a lot of wealth. Home values in Canada have remained steady, and lately, they've even enjoyed a housing boom.

Business
3:33 am
Wed July 18, 2012

Are Pagers Obsolete?

Originally published on Wed July 18, 2012 8:57 am

Transcript

STEVE INSKEEP, HOST:

This next story is for people who go for old-school technology. If you're the kind of person who owns a tube television - not one of those flat screens - nothing wrong with that. Or maybe you're the kind of person who has an old Walkman with cassette tapes hiding in a drawer somewhere. Maybe you even still use it. And if you're holding on to technology that others have deemed obsolete, you are not alone.

Reporter Tracey Samuelson found some dated devices in a place that might surprise you.

(SOUNDBITE OF BEEPING)

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