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Business
3:03 am
Thu August 1, 2013

Firm Hopes 'Owning Nashville' Will Pay Off For Investors

A new fund trading on the New York Stock Exchange will allow investors to put money in companies that all call Nashville home. The manager's of the fund hope to expand the project to other cities.
Walter G. Arce CSM /Landov

Originally published on Thu August 1, 2013 10:23 am

There's a hot stock tip floating around Nashville, and it's a first-of-its-kind investment fund that begins trading on the New York Stock Exchange Thursday.

The fund is a collection of stocks in publicly traded companies that have one thing in common: the city they call home.

When people buy into the Nashville Area Exchange Traded Fund — which starts trading at $25 a share — they will essentially be placing a bet based on an area code.

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Business
3:02 am
Thu August 1, 2013

As Back-To-School Shopping Begins, Consumers May Turn Frugal

Chris Viehland helps her daughter Jenna try on shoes for the new school year at a Famous Footwear store in Fenton, Mo., Aug. 9, 2012.
Christian Gooden MCT/Landov

Originally published on Fri August 2, 2013 6:01 pm

As August begins, retailers are stepping up sales promotions to attract back-to-school shoppers. And several states are offering tax-free shopping to encourage purchases.

But most economists say this year's sales will be slower than last summer's because consumers have been coping with more expensive gasoline and higher payroll taxes.

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The Two-Way
8:52 pm
Wed July 31, 2013

Sold! First Parcels Auctioned For Future Offshore Wind Farms

The offshore wind farm in the North Sea near Borkum, Germany, is nearly complete. The Riffgat facility, seen here on June 23, includes 30 turbines, each with a generating capacity of 3.6 megawatts.
David Hecker Getty Images

Originally published on Fri August 2, 2013 6:01 pm

A Rhode Island company was the highest bidder in the federal government's first-ever auction for the right to build an offshore wind farm.

After 11 rounds, Deepwater Wind outbid two other companies for two patches of ocean off the coasts of Massachusetts and Rhode Island. The winning bid was $3.8 million.

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Economy
10:41 am
Wed July 31, 2013

GDP Report Is Better Than Economists Expected

Transcript

DAVID GREENE, HOST:

NPR's business news starts begins with some surprising economic growth.

(SOUNDBITE OF MUSIC)

GREENE: The U.S. Commerce Department says the economy grew at an unexpectedly swift pace during the second quarter of the year. The Gross Domestic Product, or GDP, grew at an annual rate of 1.7 percent. That compares to the first quarter, when it grew at 1.1 percent. As NPR's Yuki Noguchi reports, this might mean the economy has not been hit hard by the automatic government spending cuts known as sequestration.

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Movies
5:37 am
Wed July 31, 2013

It's Alive! 'Frankenstein' Poster Brings In Big Bucks

Originally published on Wed July 31, 2013 6:59 am

Transcript

RENEE MONTAGNE, HOST:

Good morning. I'm Renee Montagne. It's alive!

DAVID GREENE, HOST:

It's alive!

Animals
5:31 am
Wed July 31, 2013

Homepage Mistake May Get Kitten A Home

Originally published on Wed July 31, 2013 6:59 am

Transcript

DAVID GREENE, HOST:

Good morning. I'm David Greene.

Briefly on the Chicago Tribune homepage yesterday, the main story was a photo of an adorable, gray kitten. The headline read, quote, "Headline Test Here." It was, of course, a mistake, and Web managers took it down right away. But the screenshot made a lot of people grin, and the Trib says it could mean good fortune for kitty in the photo. He's Benton, a local cat up for adoption. And since his homepage stardom, he's been getting a lot of attention from potential adopters.

NPR Story
4:55 am
Wed July 31, 2013

Zimbabwean Author On Mugabe's Quest To Hold On To Power

Originally published on Wed July 31, 2013 6:59 am

Renee Montagne talks with Zimbabwean author Peter Godwin about Zimbabwe's presidential election and Robert Mugabe's quest to continue his grip on power.

NPR Story
4:55 am
Wed July 31, 2013

Zimbabweans To Cast Ballots In Presidential Race

Originally published on Wed July 31, 2013 6:59 am

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION from NPR News. I'm Renee Montagne.

DAVID GREENE, HOST:

And I'm David Greene. People in Zimbabwe are voting today in a presidential election that features an incumbent who's been in office for 33 years. President Robert Mugabe is now 89 and has been in office since he led a rebellion freeing Zimbabwe from colonialism.

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NPR Story
4:55 am
Wed July 31, 2013

Spanish-Language Radio Star Yanked Off The Air

A week after Eddie "Piolín" Sotelo's show was canceled, allegations of sexual harassment have surfaced.
Valerie Macon Getty Images

Originally published on Wed July 31, 2013 12:49 pm

Last week, the Univision Radio network suddenly canceled its popular, nationally syndicated morning show, Piolín Por La Mañana, hosted by Eddie Sotelo. Sotelo is known as 'Piolín,' or 'Tweety Bird' in Spanish, and his irreverent program was once the top radio program in Los Angeles.

For seven hours each weekday morning, Sotelo cracked silly jokes and double entendres, played Mexican regional music and sometimes got political.

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Business
3:33 am
Wed July 31, 2013

Ford Taking America's Best-Selling Truck All 'Natural'

A version of Ford's flagship F-150 pickup truck that runs on natural gas.
Courtesy of Ford Motor Company

Originally published on Wed July 31, 2013 6:59 am

The reigning king in the truck world is the Ford F-150, and it's been that way for a couple of decades. But staying on top is getting harder.

With new, tougher fuel standards looming there is a lot of emphasis on efficiency and innovation. On Wednesday, Ford is announcing its flagship truck is taking a step into the alternative fuel world with a vehicle that can run on natural gas.

When you look at their bottom lines and their advertising you realize that the Detroit Three make cars, but they're really truck companies, especially Ford.

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