Economy Surge Sends Dow Past 13,000 Mark April 26, 2007 • The Dow Jones industrial average shot up more than 100 points Wednesday to close above 13,000 for the first time. The markets seem to be reacting to unusually strong earnings reports from major companies and better-than-expected news on sales of durable goods. Surge Sends Dow Past 13,000 Mark Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9843313/9843314" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Surge Sends Dow Past 13,000 Mark Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9843313/9843314" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Business Toyota Moves Past GM in First-Quarter Sales April 24, 2007 • Toyota surpassed GM in car sales in the first quarter of 2007, even as both companies posted record sales numbers. It's the first time that has happened, and it gives Toyota a legitimate claim on the title "World's Largest Automaker." GM has held that claim for more than 75 years. Toyota Moves Past GM in First-Quarter Sales Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9803216/9803217" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Toyota Moves Past GM in First-Quarter Sales Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9803216/9803217" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Business Flood of E-Filers Prompts IRS Extension April 18, 2007 • The Internal Revenue Service has extended last night's deadline for taxpayers who couldn't get their returns filed electronically. Last night, a surge of returns overwhelmed Intuit company computers. Intuit owns the popular TurboTax software. Internet message boards were full of complaints. Flood of E-Filers Prompts IRS Extension Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9658216/9658217" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Flood of E-Filers Prompts IRS Extension Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9658216/9658217" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Economy Kerkorian Chases Chrysler with Low Bid April 17, 2007 • Billionaire Kirk Kerkorian got rich in the casino and airline businesses, but he's always had a hankering to own a major auto company. Now 89, he is making another bid to acquire Chrysler from Daimler-Benz. It's not clear he can succeed — he is bidding less than $5 billion. Kerkorian Chases Chrysler with Low Bid Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9626741/9626743" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Kerkorian Chases Chrysler with Low Bid Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9626741/9626743" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Business Sallie Mae Sold to Private Group for $25 Billion April 16, 2007 • Sallie Mae, the nation's largest student-loan company, is being sold to a group of private investors led by private-equity firm J.C. Flowers & Co. The deal, worth $25 billion, comes as the college loan industry faces increased scrutiny from regulators. Sallie Mae Sold to Private Group for $25 Billion Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9605714/9605715" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Sallie Mae Sold to Private Group for $25 Billion Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9605714/9605715" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Business Sallie Mae Agrees to $25 Billion Buyout April 16, 2007 • Sallie Mae, the largest U.S. student-loan company, has agreed to a $25 billion buyout involving a pair of private-investment funds, JPMorgan Chase and Bank of America. In the past several weeks, the entire student-loan industry has been under fire for improper relationships with college financial-aid offices. Sallie Mae Agrees to $25 Billion Buyout Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9598775/9598776" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Sallie Mae Agrees to $25 Billion Buyout Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9598775/9598776" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Business Citigroup Cuts Include 6 Percent of New York Staff April 11, 2007 • Citigroup announces a sweeping overhaul of its operations as it tries to reduce costs under pressure from investors. The financial-services giant, which employs more than 325,000 people around the world, is cutting around 16,000 jobs. Some cuts will likely come from attrition, and some jobs may be shifted overseas. Citigroup Cuts Include 6 Percent of New York Staff Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9521064/9521065" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Citigroup Cuts Include 6 Percent of New York Staff Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9521064/9521065" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Business Citigroup Job Cuts Aimed at Pleasing Shareholders April 11, 2007 • Citigroup, the world's largest financial services company, says it will eliminate about 5 percent of its work force. It's part of an effort to increase profits and appease shareholders, who have been unhappy about the company's financial performance. Citigroup Job Cuts Aimed at Pleasing Shareholders Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9514645/9514646" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Citigroup Job Cuts Aimed at Pleasing Shareholders Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9514645/9514646" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Media XM and Sirius Press Merger Plan April 6, 2007 • The satellite radio companies XM and Sirius face one big obstacle to their proposed merger: they're the only two players in the field. The companies say the notion of what constitutes the satellite market needs to be reconsidered. XM and Sirius Press Merger Plan Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9434817/9434818" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
XM and Sirius Press Merger Plan Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9434817/9434818" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Economy Rise and Fall of Subprime Lenders Began on Wall St. March 30, 2007 • It all started last November, when a relatively small lender, Own-It Mortgage Solutions, defaulted on its loans to JP Morgan Chase. Since then, more than 24 subprime lenders have folded, victims of rising default rates — but also of rising suspicions that the entire subprime market is teetering. Rise and Fall of Subprime Lenders Began on Wall St. Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9248739/9248740" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Rise and Fall of Subprime Lenders Began on Wall St. Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9248739/9248740" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
National Pet Food Company Expands Recall March 24, 2007 • Scientists say they have found rat poison in samples of pet food blamed in the deaths of at least 15 cats and one dog. Producer Menu Foods has broadened a recall to all 95 brands of the "cuts and gravy" style food. Pet Food Company Expands Recall Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9121039/9121040" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Pet Food Company Expands Recall Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9121039/9121040" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Media 'Consumer Reports' Alters Testing Policies March 20, 2007 • In January, Consumer Reports announced it was withdrawing the results of a test on the safety of infant car seats because of questions about the reliability of its data. The magazine says it will change the way it tests new products. 'Consumer Reports' Alters Testing Policies Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9015510/9015513" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
'Consumer Reports' Alters Testing Policies Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/9015510/9015513" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Technology Solar-Energy Company Faces Skepticism March 19, 2007 • A company called Citizenre says it can bring affordable solar energy to the mass market by year's end. It wants to build solar-energy systems on a large scale and lease them to customers. Industry insiders question the company's financial model. Solar-Energy Company Faces Skepticism Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/8989563/8989564" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Solar-Energy Company Faces Skepticism Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/8989563/8989564" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Economy Urban Poor Cope with Help from Informal Economy March 15, 2007 • A Columbia University sociologist gives an inside view of informal economies which are central to life in the inner city. It's not just drug dealing and loan sharking that's off the books — it's child care, hair braiding, oil changes and house cleaning. Urban Poor Cope with Help from Informal Economy Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/8928346/8931294" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Urban Poor Cope with Help from Informal Economy Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/8928346/8931294" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Technology Retailing Giant Wal-Mart Lends a Hand to HD Radio March 6, 2007 • Wal-Mart announced it's selling digital radio receivers for under $200. The move could boost the fortunes of HD radio, a new technology that broadcasters hope can compete with satellite radio. Retailing Giant Wal-Mart Lends a Hand to HD Radio Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/7725277/7725278" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Retailing Giant Wal-Mart Lends a Hand to HD Radio Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/7725277/7725278" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
