Business

5:55am

Sat June 2, 2012
Business

Implications Of The Facebook Let-Down

Originally published on Sat June 2, 2012 9:01 am

Transcript

SCOTT SIMON, HOST:

You know, if Facebook were a Broadway show, they'd be firing the director and rewriting the script. Facebook share price closed this week at $27.72. That's more than a 25 percent drop from its initial public offering price. The social networks debut as a publically traded company last month has been panned, questioned and trouble by a Securities and Exchange Commission probe and shareholder lawsuits.

Read more

5:55am

Sat June 2, 2012
Economy

Europe's Debt Weighs On U.S. Employers

Originally published on Sat June 2, 2012 9:01 am

Transcript

SCOTT SIMON, HOST:

So, why is job growth slowing? Well, part of the problem, as we just heard, appears to be in Europe. The economic turmoil there is looking worse, and that has ripped into the U.S. economy and slowing down hiring. NPR's Chris Arnold has more from Boston.

CHRIS ARNOLD, BYLINE: The weather this week was beautiful in Boston, so it's perfect for tourists having lunch outside by the harbor or taking a trolley bus around to do some sightseeing.

Read more

3:20pm

Fri June 1, 2012
Business

No Beer Goggles For Baseball Stadium Brew Prices

Originally published on Fri June 1, 2012 4:13 pm

A fan of the St. Louis Cardinals buys a beer from a vendor prior to Game 3 of the World Series against the Detroit Tigers at Busch Stadium in 2006. At 56 cents an ounce, St. Louis is second only to Boston for the priciest ballpark brew in the country.
Jamie Squire Getty Images

Change has been the story of the season for the Miami Marlins, formerly the Florida Marlins. With a new coach, a new name, new team colors and a new stadium the baseball team set a franchise record for winning games in May.

But one tradition isn't changing anytime soon: beer. Ordering a beer at a baseball game is as American as apple pie. So is forking over a small fortune for that beer.

According to an analysis by TheStreet.com, the most expensive beer of any baseball stadium is sold at the new Marlins Park, where baseball fans pay $8 for a Bud Light draft.

Read more

2:50pm

Fri June 1, 2012
Business

Struggling U.S. Economy Drags Down The World

Originally published on Fri June 1, 2012 3:38 pm

Slow economic growth in the U.S. is having an impact on many countries around the world. Here, people walk past a board flashing the Nikkei index on the Tokyo Stock Exchange in Japan last month.
Toru Yamanaka AFP/Getty Images

The sputtering U.S. economy isn't just bad news for America, it's a drag on the global economic outlook as well.

"What matters to the rest of the world is the amount of demand the United States is going to generate," says economist Eswar Prasad, a professor of trade policy at Cornell.

"Weak job growth translates to weak domestic demand in the U.S., and that concerns all of the U.S.'s major trading partners," he says.

Read more
Tags: 

1:27pm

Fri June 1, 2012
Business

Pre-Paid iPhones Coming To Denver

The Apple iPhone 4 32GB
Yutaka Tsutano Flickr/CreativeCommons

If you're looking to get an iPhone but don't want to sign a yearly contract, Cricket will begin selling prepaid iPhones in Denver and other cities around the country starting later this month.

Read more
Tags: 

Pages