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7:04am

Fri November 2, 2012
Business

Jobless Rate Likely Edged Up In October, Job Growth Was Likely Modest

Originally published on Fri November 2, 2012 11:37 am

Credit Justin Sullivan / Getty Images

The nation's unemployment rate edged up to 7.9 percent in October from 7.8 percent in September, the Bureau of Labor Statistics says.

But private and public employers added 171,000 jobs to their payrolls — nearly 50,000 more than economists had expected.

So the news is somewhat mixed: While the jobless rate remained stuck near 8 percent, job growth was better than forecast.

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9:10am

Wed October 31, 2012
Business

America's Most Expensive Storms

Credit Mark Lennihan / AP

While we're on the subject of devastating storms, consider a report published last year by the National Hurricane Center. The title alone makes it worth a look:

THE DEADLIEST, COSTLIEST, AND MOST INTENSE UNITED STATES TROPICAL CYCLONES FROM 1851 TO 2010 (AND OTHER FREQUENTLY REQUESTED HURRICANE FACTS)

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7:31pm

Wed October 24, 2012
Energy

Could U.S. Produce Enough Oil To Rival Saudi Arabia?

Originally published on Thu October 25, 2012 2:21 pm

Credit Gregory Bull / AP

An oil boom is under way in the United States. Since 2008 domestic oil production has increased dramatically, reversing what was a nearly three-decade decline. That has some predicting the U.S. could overtake Saudi Arabia as the world's largest petroleum producer in coming years.

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5:44pm

Wed October 24, 2012
The Two-Way

Rajat Gupta, Former Goldman Sachs Director, Sentenced To Two Years

Credit Emmanuel Dunand / AFP/Getty Images

Rajat Gupta, who was once a director at Goldman Sachs and Procter & Gamble, has been sentenced to two years in prison, after a federal jury convicted him of insider trading.

Gupta was convicted of leaking information to Galleon Rajaratnam, the billionaire co-founder of Galleon Group who was found guilty of fraud and conspiracy.

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1:46pm

Wed October 24, 2012
The Two-Way

Here's The List: 63 Barnes & Noble Stores Where Crooks Hacked PIN Pads

Originally published on Thu October 25, 2012 9:41 am

Credit Justin Sullivan / Getty Images

If you shopped recently at 63 Barnes & Noble stores in nine states and used a credit or debit card there's a chance that thieves got hold of data about your accounts and your PIN.

As the company has announced:

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8:48am

Thu October 18, 2012
The Two-Way

Jobless Claims Take Sharp Jump: Rose By 46,000 Last Week

The number of first-time claims for jobless benefits rose by 46,000 last week, to 388,000, the Employment and Training Administration says.

The previous week's total — 342,000 — was the fewest since early 2008. The increase last week put claims back into the range where they've been stuck for a year, between 350,000 and 400,000.

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12:03pm

Wed October 3, 2012
The Salt

Freshwater Shrimp: Still Not A Midwestern Cash Crop

Originally published on Wed October 3, 2012 6:07 pm

It's harvest time in the heartland, but not just for apples and squash. In small, back-lot ponds on farms across the Midwest, a different crop has been growing all summer. They're substantial, slightly sweet and a revelation to the land-locked palate, not to mention worth top dollar. Yep, it's shrimp season in Ohio.

But don't ask for any Midwestern shrimp at your local fishmonger. There aren't enough yet to make it to the store.

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7:38pm

Mon October 1, 2012
The Two-Way

New York Sues JPMorgan Over Mortgage-Backed Securities

Originally published on Tue October 2, 2012 8:42 am

  • From 'Morning Edition': NPR's Jim Zarroli reports

New York's attorney general has sued JPMorgan Chase, alleging that a unit now owned by the banking giant fraudulently sold mortgage-backed securities in the run-up to the 2008 financial crisis.

The civil lawsuit filed Monday by state Attorney General Eric Schneiderman is the first to be brought by the RMBS Working Group – the task force formed by President Obama in January to pursue alleged wrongdoing at the time of the financial crisis.

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10:46am

Fri September 28, 2012
The Two-Way

Apple Is 'Extremely Sorry' For Its Much-Maligned Maps, CEO Tim Cook Says

Credit Beck Diefenbach / Reuters /Landov

How much of a "public relations disaster" has Apple's new mapping software been?

Big enough that the famously proud company has apologized — and suggested that users can turn to arch rival Google Maps instead.

In a message "to our customers" posted this morning, CEO Tim Cook says:

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3:40am

Thu September 27, 2012
Business

In Solyndra's Wake, Solar Company Sees Bright Spot

Originally published on Thu September 27, 2012 9:59 am

Credit SoloPower/PRNewsFoto / AP

A small solar power company hopes to become a winner in a market littered with losers.

San Jose, Calif.-based SoloPower is opening a $60 million manufacturing facility in Portland, Ore., Thursday as it works toward receiving a major government loan — like the one given to now-bankrupt Solyndra. SoloPower thinks it has a strategy to succeed where Solyndra failed.

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3:44pm

Mon September 17, 2012
The Salt

Shriveled Mich. Apple Harvest Means Fewer Jobs, Tough Year Ahead

Originally published on Tue September 18, 2012 2:42 pm

An apple a day might keep the doctor away, but what do you do when there are no apples? It's a question western Michigan's apple growers are dealing with this season after strange weather earlier in the year decimated the state's apple cultivation.

Michigan is the third-largest apple producer in the U.S. after New York and Washington, but the state's apples will soon be in short supply. Now in the middle of harvest season, growers are picking only 10 percent to 15 percent of their normal crop.

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