Business

2:44am

Fri June 15, 2012
Asia

China's Economy Cools, Perhaps More Than Planned

Originally published on Fri June 15, 2012 9:14 am

A Chinese worker operates a machine at a factory in Binzhou in northeast China's Shandong province. China's exports and imports shot up in May year-on-year, the customs agency said on June 10, defying expectations amid a slowdown in the world's second largest economy.
AFP/Getty Images

In recent months, economic growth in China has not only slowed — it's slowed faster than most people expected. Last week, for the first time since the depths of the global financial crisis, the government actually cut lending rates to try to spur growth. All of this has people wondering: Where is the world's star economy headed?

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2:43am

Fri June 15, 2012
Planet Money

Can Lincoln Be Cool Again?

Originally published on Fri June 15, 2012 8:56 am

An ad for the 1965 Lincoln Continental.
courtesy Lincoln

In the car business, Lincoln once stood as the pinnacle of luxury. Frank Sinatra drove a Lincoln. So did the Shah of Iran. In the U.S., the presidential limo was a Lincoln.

The brand peaked with the 1961 Lincoln Continental, a beautiful, innovative car that stood for style, individuality and sophistication.

But after the '60s, Lincoln started on a long, slow decline that mirrored the slide of the American auto industry.

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4:00pm

Thu June 14, 2012
The Two-Way

Statisticians: Don't Rob A Bank; It's Not Worth It

Originally published on Thu June 14, 2012 4:04 pm

Bonnie And Clyde: Happily ever after? Maybe not so much.
AP

It was a scenario many have imagined: Retiring to a lonely beach in Mexico after a few minutes of a heart-pounding crime — like Bonnie and Clyde riding into the sunset with a good stash of money attained through a handful of bank heists.

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3:44pm

Thu June 14, 2012
Economy

New Schedules Push Graveyard Shift Off The Clock

Originally published on Thu June 14, 2012 8:54 pm

A worker builds cars on the assembly line at Ford's Chicago Assembly plant, which has adopted the "three crew" work schedule. The new third shift can increase efficiency in factories, but it can also wreak havoc on sleep needs and home lives.
Scott Olson Getty Images

As car companies struggle to meet growing demand, the third shift is making a comeback. But many factories running on three shifts are doing it differently from in the past. And that new "three crew" shift pattern could make what's normally a hard job even harder.

At Ford's Michigan Assembly Plant in Wayne, employees work 10-hour shifts four days a week. The so-called A crew gets days, while the B crew gets afternoons. But the C crew shift rotates its start time every week. On Fridays and Saturdays, workers start at 6:00 a.m. On Mondays and Tuesdays, they start at 4:30 p.m.

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3:11pm

Thu June 14, 2012
American Dreams: Then And Now

Nailing The American Dream, With Polish

Originally published on Thu June 14, 2012 6:25 pm

A model shows off an ABC student's work. Most of the students are studying manicuring.
Courtesy of Advance Beauty College

If you've had a manicure in California, odds are the person at the other end of the emery board was of Vietnamese heritage.

Vietnamese immigrants now dominate California's nail-care industry — and make up a significant percentage of all manicurists nationwide.

The story began with a hurried immigration after the fall of Saigon almost four decades ago.

Sparked by the interest of a group of refugees and the help of a Hollywood star, the demand for affordable manicures quickly became the foundation of the American dream for many Vietnamese newcomers.

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