Business

10:27am

Fri March 2, 2012
The Two-Way

Yelp Surprises Investors, As It Soars In Wall Street Debut

Originally published on Fri March 2, 2012 2:21 pm

Jeremy Stoppelman, second from right, Yelp co-founder and CEO, gets a high-five during opening bell ceremonies of the New York Stock Exchange on Friday.
Richard Drew AP

Yelp surprised analysts today during its first hours of trading as a public company.

As the Seattle PI puts it, the user-review company's shares soared by as much as 60 percent in early trading. The stock opened at $22.01 a share and has hit a high of $25.10.

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8:25am

Fri March 2, 2012
The Two-Way

California Woman Awarded $168 Million In Workplace Harassment Case

Originally published on Fri March 2, 2012 12:32 pm

The scales of justice tipped toward the plaintiff in this case.
Christophe Ena AP

A California woman's nearly $168 million award from a jury is "believed to be the largest for a single victim of workplace harassment in U.S. history," the Los Angeles Times reports.

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5:00am

Fri March 2, 2012
Business

The High Cost of Avalanche Rescue

Heavy snow over Colorado, Nebraska and Wyoming
courtesy of NASA Earth Observatory Creative Commons/Flickr

Authorities are seeking more funding for avalanche rescues following a rash of incidents in Colorado this season. During times of high avalanche danger, the costs of rescue can easily overwhelm county budgets.

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2:43am

Fri March 2, 2012
Energy

As Gas Prices Rise, Natural Gas Vehicles Get A Boost

Originally published on Fri March 2, 2012 7:39 am

Bob Davis fills up his airport shuttle van at a natural gas pumping station in College Park, Ga. A growing number of companies are considering converting their vehicle fleets to natural gas.
David Goldman AP

Interest in natural gas vehicles soared in the 1990s and then faded. Twenty years later, the cost of gasoline is going up while the cost of natural gas is going down. And that difference in price explains the resurgent interest in natural gas vehicles.

In Indiana, Fair Oaks Dairy Farm does more than just produce milk — it is also in the transportation business. The farm owns 60 trucks, which deliver milk to a processor halfway across the state. Last September, most of the trucks were converted to natural gas.

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10:01pm

Thu March 1, 2012
Planet Money

What The IRS Could Learn From Mormons

The money Mormons tithe goes to The Church of Jesus Christ of Latter-day Saints headquarters in Salt Lake City, Utah, and then is distributed to congregations around the world.
Douglas C. Pizac AP

Many religious traditions stress the importance of charity. But Mormons are remarkable for the amount and the precision with which they give to their church.

The Church of Jesus Christ of Latter-day Saints teaches that each Mormon in good standing should tithe 10 percent of his or her income. The money goes right to church headquarters in Salt Lake City and then is distributed back to congregations around the world.

"That's written in stone, and preached from the pulpit," says Gordon Dahl, an economist at the University of California, San Diego, who is Mormon.

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