Business http://www.npr.org/templates/story/story.php?storyId=1006&ft=1&f=1006 Find the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast. en Copyright 2013 NPR - For Personal Use Only NPR API RSS Generator 0.94 Tue, 21 May 2013 16:32:00 -0400 http://media.npr.org/images/podcasts/thumbnail/npr_generic_image_75.jpg Business http://www.npr.org/templates/story/story.php?storyId=1006&ft=1&f=1006 yes Microsoft Reveals New Xbox One Game System Microsoft unveiled its new Xbox One Tuesday, displaying a device that takes new steps in game consoles' journey into becoming all-purpose entertainment and communication devices. The new console replaces the Xbox 360, which has been on the market for more than seven years. Tue, 21 May 2013 16:32:00 -0400 http://www.npr.org/blogs/thetwo-way/2013/05/21/185833716/microsoft-reveals-new-xbox-one-game-system?ft=1&f=1006 http://www.npr.org/blogs/thetwo-way/2013/05/21/185833716/microsoft-reveals-new-xbox-one-game-system?ft=1&f=1006 Microsoft unveiled its new Xbox One Tuesday, displaying a device that takes new steps in game consoles' journey into becoming all-purpose entertainment and communication devices. The new console replaces the Xbox 360, which has been on the market for more than seven years. no Microsoft unveiled its new Xbox One Tuesday, displaying a device that takes new steps in game consoles' journey into becoming all-purpose entertainment and communication devices. The new console replaces the Xbox 360, which has been on the market for more than seven years.

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]]> A Catch For Insurers That Cut Deductibles For Healthy People Rewards to policyholders for claims that don't meet the annual deductible can be a boon for healthy people. But the approach might not pass the smell test in 2014 when the federal health law bans discriminating against people based on their health status. Tue, 21 May 2013 15:53:00 -0400 http://www.npr.org/blogs/health/2013/05/21/185823609/a-catch-for-insurers-that-cut-deductibles-for-healthy-people?ft=1&f=1006 http://www.npr.org/blogs/health/2013/05/21/185823609/a-catch-for-insurers-that-cut-deductibles-for-healthy-people?ft=1&f=1006 Rewards to policyholders for claims that don't meet the annual deductible can be a boon for healthy people. But the approach might not pass the smell test in 2014 when the federal health law bans discriminating against people based on their health status. no Rewards to policyholders for claims that don't meet the annual deductible can be a boon for healthy people. But the approach might not pass the smell test in 2014 when the federal health law bans discriminating against people based on their health status.

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]]> 'Arrested Development' Leads The Charge For Old Brands In New Media Brands that found their original audiences in traditional, old-media platforms are finding ways to keep going in the world of new media. Tue, 21 May 2013 15:37:00 -0400 http://www.npr.org/blogs/monkeysee/2013/05/21/185783915/arrested-development-leads-the-charge-for-old-brands-in-new-media?ft=1&f=1006 http://www.npr.org/blogs/monkeysee/2013/05/21/185783915/arrested-development-leads-the-charge-for-old-brands-in-new-media?ft=1&f=1006 Brands that found their original audiences in traditional, old-media platforms are finding ways to keep going in the world of new media. 301 no Brands that found their original audiences in traditional, old-media platforms are finding ways to keep going in the world of new media.

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]]> Apple CEO Defends Tax Practices At Senate Hearing Apple CEO Tim Cook faced tough questions on Capitol Hill on Tuesday. He defended a tax strategy that allows Apple to avoid taxes on tens of billions of dollars of profits. Cook also called on the Congress to lower the U.S. corporate tax rate. Tue, 21 May 2013 15:00:00 -0400 http://www.npr.org/templates/story/story.php?storyId=185839228&ft=1&f=1006 http://www.npr.org/templates/story/story.php?storyId=185839228&ft=1&f=1006 Apple CEO Tim Cook faced tough questions on Capitol Hill on Tuesday. He defended a tax strategy that allows Apple to avoid taxes on tens of billions of dollars of profits. Cook also called on the Congress to lower the U.S. corporate tax rate. 267 no Apple CEO Tim Cook faced tough questions on Capitol Hill on Tuesday. He defended a tax strategy that allows Apple to avoid taxes on tens of billions of dollars of profits. Cook also called on the Congress to lower the U.S. corporate tax rate.

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]]> JPMorgan Chase CEO Spared By Shareholders JPMorgan Chase shareholders have rejected a proposal to force Jamie Dimon to give up his dual role as both chairman and CEO of the bank. Of the shareholders who voted, 32 percent voted to split the roles. A year ago 40 percent voted in favor. Tue, 21 May 2013 15:00:00 -0400 http://www.npr.org/templates/story/story.php?storyId=185839230&ft=1&f=1006 http://www.npr.org/templates/story/story.php?storyId=185839230&ft=1&f=1006 JPMorgan Chase shareholders have rejected a proposal to force Jamie Dimon to give up his dual role as both chairman and CEO of the bank. Of the shareholders who voted, 32 percent voted to split the roles. A year ago 40 percent voted in favor. 221 no JPMorgan Chase shareholders have rejected a proposal to force Jamie Dimon to give up his dual role as both chairman and CEO of the bank. Of the shareholders who voted, 32 percent voted to split the roles. A year ago 40 percent voted in favor.

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]]> Tech Companies Have A Lot At Stake With Immigration Bill The tech industry is getting a lot in the Senate's immigration overhaul bill. It increases the number of temporary worker visas for skilled technical workers but the industry is pushing for more, including the end of provisions meant to protect American tech workers from unfair competition. The industry's goals and tactics are antagonizing other groups that want to see the bill pass. Tue, 21 May 2013 15:00:00 -0400 http://www.npr.org/templates/story/story.php?storyId=185839250&ft=1&f=1006 http://www.npr.org/templates/story/story.php?storyId=185839250&ft=1&f=1006 The tech industry is getting a lot in the Senate's immigration overhaul bill. It increases the number of temporary worker visas for skilled technical workers but the industry is pushing for more, including the end of provisions meant to protect American tech workers from unfair competition. The industry's goals and tactics are antagonizing other groups that want to see the bill pass. 199 no The tech industry is getting a lot in the Senate's immigration overhaul bill. It increases the number of temporary worker visas for skilled technical workers but the industry is pushing for more, including the end of provisions meant to protect American tech workers from unfair competition. The industry's goals and tactics are antagonizing other groups that want to see the bill pass.

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]]> 'Reinventing The Register' May Take Time For Square Square is the much buzzed-about digital payments company started by the founder of Twitter. With the launch of a new product last week, we check in on the company's promise to revolutionize how we buy things. Tue, 21 May 2013 15:00:00 -0400 http://www.npr.org/2013/05/21/185839226/reinventing-the-register-may-take-time-for-square?ft=1&f=1006 http://www.npr.org/2013/05/21/185839226/reinventing-the-register-may-take-time-for-square?ft=1&f=1006 Square is the much buzzed-about digital payments company started by the founder of Twitter. With the launch of a new product last week, we check in on the company's promise to revolutionize how we buy things. 215 no Square is the much buzzed-about digital payments company started by the founder of Twitter. With the launch of a new product last week, we check in on the company's promise to revolutionize how we buy things.

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]]> Apple, Tech Giants And An Industrial-Age Tax Code Apple CEO Timothy Cook made a rare appearance on Capitol Hill on Tuesday, testifying after congressional investigators revealed that Apple avoided billions in taxes. <em>The New York Times</em>' Charles Duhigg and guest host Jennifer Ludden talk about the tax code and the digital economy. Tue, 21 May 2013 13:00:00 -0400 http://www.npr.org/2013/05/21/185809741/apple-tech-giants-and-an-industrial-age-tax-code?ft=1&f=1006 http://www.npr.org/2013/05/21/185809741/apple-tech-giants-and-an-industrial-age-tax-code?ft=1&f=1006 Apple CEO Timothy Cook made a rare appearance on Capitol Hill on Tuesday, testifying after congressional investigators revealed that Apple avoided billions in taxes. <em>The New York Times</em>' Charles Duhigg and guest host Jennifer Ludden talk about the tax code and the digital economy. 1029 no Apple CEO Timothy Cook made a rare appearance on Capitol Hill on Tuesday, testifying after congressional investigators revealed that Apple avoided billions in taxes. The New York Times' Charles Duhigg and guest host Jennifer Ludden talk about the tax code and the digital economy.

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]]> Airbnb Stays Are Illegal In New York, Court Rules People who use Airbnb, the web company that pairs travelers with residents who rent out their homes on a short-term basis, are breaking New York City's laws, according to an administrative law judge. The vacation rental business was found to run afoul of the city's occupancy code. Tue, 21 May 2013 12:55:00 -0400 http://www.npr.org/blogs/thetwo-way/2013/05/21/185787514/airbnb-stays-are-illegal-in-new-york-court-rules?ft=1&f=1006 http://www.npr.org/blogs/thetwo-way/2013/05/21/185787514/airbnb-stays-are-illegal-in-new-york-court-rules?ft=1&f=1006 People who use Airbnb, the web company that pairs travelers with residents who rent out their homes on a short-term basis, are breaking New York City's laws, according to an administrative law judge. The vacation rental business was found to run afoul of the city's occupancy code. no People who use Airbnb, the web company that pairs travelers with residents who rent out their homes on a short-term basis, are breaking New York City's laws, according to an administrative law judge. The vacation rental business was found to run afoul of the city's occupancy code.

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]]> JPMorgan Shareholders Vote To Keep Dimon As Chairman, CEO Some shareholders said splitting the roles would lead to better governance. The proposal received only 32 percent of the vote. Tue, 21 May 2013 12:46:00 -0400 http://www.npr.org/blogs/thetwo-way/2013/05/21/185792034/jpmorgan-shareholders-vote-to-keep-dimon-as-chairman-ceo?ft=1&f=1006 http://www.npr.org/blogs/thetwo-way/2013/05/21/185792034/jpmorgan-shareholders-vote-to-keep-dimon-as-chairman-ceo?ft=1&f=1006 Some shareholders said splitting the roles would lead to better governance. The proposal received only 32 percent of the vote. no Some shareholders said splitting the roles would lead to better governance. The proposal received only 32 percent of the vote.

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]]> Fox News Reporter James Rosen Caught Up In Federal Probe There is word of another controversial leak investigation by the Department of Justice. The target is Fox News reporter James Rosen, who was monitored by the department after breaking a story about North Korea's nuclear weapons program in 2009. Tue, 21 May 2013 05:52:00 -0400 http://www.npr.org/2013/05/21/185688357/fox-news-reporter-james-rosen-caught-up-in-federal-probe?ft=1&f=1006 http://www.npr.org/2013/05/21/185688357/fox-news-reporter-james-rosen-caught-up-in-federal-probe?ft=1&f=1006 There is word of another controversial leak investigation by the Department of Justice. The target is Fox News reporter James Rosen, who was monitored by the department after breaking a story about North Korea's nuclear weapons program in 2009. 1527 no There is word of another controversial leak investigation by the Department of Justice. The target is Fox News reporter James Rosen, who was monitored by the department after breaking a story about North Korea's nuclear weapons program in 2009.

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]]> Unclear Laws May Have Contributed to Tax-Exempt Controversy IRS and Treasury officials can expect a hard time in their appearances on Capitol Hill Tuesday. A key question that so far has not gotten much attention: How did it come to be that social welfare organizations became vehicles for political activity? Tue, 21 May 2013 05:52:00 -0400 http://www.npr.org/2013/05/21/185683100/unclear-laws-may-have-contributed-to-tax-exempt-controversy?ft=1&f=1006 http://www.npr.org/2013/05/21/185683100/unclear-laws-may-have-contributed-to-tax-exempt-controversy?ft=1&f=1006 IRS and Treasury officials can expect a hard time in their appearances on Capitol Hill Tuesday. A key question that so far has not gotten much attention: How did it come to be that social welfare organizations became vehicles for political activity? 260 no IRS and Treasury officials can expect a hard time in their appearances on Capitol Hill Tuesday. A key question that so far has not gotten much attention: How did it come to be that social welfare organizations became vehicles for political activity?

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]]> Young People Cast Out Of Italy's Welfare System In Italy, the youth jobless rate is nudging 40 percent, a record high in post-war history. Demographer Stefano Rosina says the Italian welfare system has always been skewed toward the middle-aged and elderly, leaving Italian youths with no political or trade union representation. Tue, 21 May 2013 05:52:00 -0400 http://www.npr.org/2013/05/21/185686033/young-people-cast-out-of-italys-welfare-system?ft=1&f=1006 http://www.npr.org/2013/05/21/185686033/young-people-cast-out-of-italys-welfare-system?ft=1&f=1006 In Italy, the youth jobless rate is nudging 40 percent, a record high in post-war history. Demographer Stefano Rosina says the Italian welfare system has always been skewed toward the middle-aged and elderly, leaving Italian youths with no political or trade union representation. 261 no In Italy, the youth jobless rate is nudging 40 percent, a record high in post-war history. Demographer Stefano Rosina says the Italian welfare system has always been skewed toward the middle-aged and elderly, leaving Italian youths with no political or trade union representation.

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]]> Tumblr Users Urge New Owner Yahoo To Keep The Site Weird When news of Yahoo's purchase of Tumblr first hit, Tumblr users took their reactions online. The posts were quirky and sharp with plenty of worry about the future. Tue, 21 May 2013 05:52:00 -0400 http://www.npr.org/2013/05/21/185687599/tumbler-users-urge-new-owner-yahoo-to-keep-the-site-weird?ft=1&f=1006 http://www.npr.org/2013/05/21/185687599/tumbler-users-urge-new-owner-yahoo-to-keep-the-site-weird?ft=1&f=1006 When news of Yahoo's purchase of Tumblr first hit, Tumblr users took their reactions online. The posts were quirky and sharp with plenty of worry about the future. 110 no When news of Yahoo's purchase of Tumblr first hit, Tumblr users took their reactions online. The posts were quirky and sharp with plenty of worry about the future.

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]]> Apple CEO Faces Senate Panel's Accusations Of 'Tax Gimmickry' Tim Cook will address reports that his company pays billions less than it should in U.S. taxes each year at a Tuesday hearing in Washington. According to a report by the Senate Permanent Subcommittee on Investigations, Apple avoids the tax payments by shifting profits to subsidiaries in Ireland. Tue, 21 May 2013 04:24:00 -0400 http://www.npr.org/2013/05/21/185688463/ceo-cook-to-defend-apple-before-senate-committee-hearing?ft=1&f=1006 http://www.npr.org/2013/05/21/185688463/ceo-cook-to-defend-apple-before-senate-committee-hearing?ft=1&f=1006 Tim Cook will address reports that his company pays billions less than it should in U.S. taxes each year at a Tuesday hearing in Washington. According to a report by the Senate Permanent Subcommittee on Investigations, Apple avoids the tax payments by shifting profits to subsidiaries in Ireland. 207 no Tim Cook will address reports that his company pays billions less than it should in U.S. taxes each year at a Tuesday hearing in Washington. According to a report by the Senate Permanent Subcommittee on Investigations, Apple avoids the tax payments by shifting profits to subsidiaries in Ireland.

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