Business

8:08am

Fri February 1, 2013
Planet Money

Losses Are Actually Gains, And Other Weird Facts From The Jobs Report

Originally published on Fri February 1, 2013 11:25 am

bgottsab Flickr

What's today's big jobs report say?

The U.S. economy lost 2.8 million jobs jobs in January.

What?!

Don't panic. The U.S. economy loses millions of jobs every January, in good times and bad, largely because tons of seasonal holiday jobs always wind down after Christmas.

So if you set aside the normal, seasonal stuff, how is the job market doing?

Read more

1:38am

Fri February 1, 2013
Planet Money

An International Battle Over One Of The Most Boring Things In Finance

Originally published on Tue February 12, 2013 9:26 am

Jeremy O'Donnell Getty Images

This week saw the end of a years-long, international, multi-billion-dollar battle over one of the most boring things in finance: savings accounts.

At the center of the battle was Iceland, a tiny country where the banks grew into international behemoths during the credit bubble.

The banks got so big partly by convincing foreigners to open up online savings accounts. In particular, lots of people in England and Netherlands opened up "ICESAVE accounts" with a bank called Landsbanki. During the financial crisis, the bank collapsed.

Read more

5:01am

Thu January 31, 2013
Business

Boulder's Ball Aerospace Opens New Satellite Testing Center

Kepler Photometer assembly, Ball Aerospace, Boulder
KQED Creative Commons/Flickr

Ball Aerospace has opened a new facility in east Boulder that’s expected to keep the company at the forefront of an increasingly competitive aerospace industry.

Read more

3:03am

Thu January 31, 2013
Planet Money

Should Gun Owners Have To Buy Liability Insurance?

Originally published on

George Frey Getty Images

Note: We originally published a version of this post a few weeks ago. We are republishing it now to coincide with our story airing today on Morning Edition.

All kinds of proposals to reduce gun violence have been floated recently. One idea that has gotten the attention of economists is liability insurance. Most states require car owners to have liability insurance to cover damages their vehicles cause to others; some economists think we should require the same of gun owners.

We reached out to a few economists to get their thoughts.

Read more
Tags: 

2:08am

Thu January 31, 2013
Business

Boeing Contract Offer Could Prompt Engineers Strike

Originally published on Fri February 1, 2013 12:18 pm

A Boeing 787 under construction inside a production facility at a Boeing plant in Everett, Wash., last year.
Susan Walsh AP

Boeing is scrambling to figure out why batteries malfunctioned on its 787, prompting officials to ground the airplane this month. And at a time when Boeing most needs its skilled engineers, they're weighing a possible strike. Union leaders are considering the company's final contract offer.

The standoff between Boeing and about 23,000 engineers and technicians — mostly in the Seattle region — has been brewing for months. Dozens of them recently packed a union hall south of Seattle for training in how to run a picket line.

Read more
Tags: 

Pages