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Food Documentary Debate Misses Mainstream Farmers
Food Inc., a documentary film about the modern agricultural industry, is a hit with big-city movie reviewers, small organic farmers and vegetarians. The movie argues that large-scale agriculture produces inexpensive meat and vegetables, but imposes high costs on the environment and Americans' health. But ordinary farmers — the people who grow the lion's share of what America eats — have largely been left out of the mainstream media debate over Food Inc. Frank Morris, of member station KCUR in Kansas City, drove out to hear what farmers are saying.
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Will Madoff's Fate Comfort Victims?
Host Scott Simon talks to New York Times business columnist Joe Nocera about the Bernie Madoff sentencing and what it means for victims of the Ponzi scheme.
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Apple Warns Some iPhones May Have Heat Issues
Apple Inc. has issued an advisory that some 3G and 3GS iPhones may not do well in hot conditions. Apple is telling owners to keep the phones in places where the temperature is below 95 degrees.
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FDIC Closes 1 Banks In Texas, 6 In Illinois
Seven banks were shut down Thursday — pushing the total number of banks that have failed this year to 52. The year is just half over, and already the figure is more than double what it was for all of 2008. Back in 2007, only three banks failed.
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Author Offers Advice For First-Time Job Hunters
David Greene talks with Ellen Gordon Reeves about her new book <em>Can I Wear My Nose Ring to the Interview?</em> It's advice for young people who are job searching for the first time.
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Morgage-Burning Parties Almost Extinct
When's the last time you went to a mortgage-burning party? Do people even pay off their 30-year mortgages anymore? NPR's Planet Money team went on a mission to find out.
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Heavy Job Loss Prompts Stimulus Criticism
The surprising loss of 467,000 jobs in June, far more than expected, is fueling Republican criticism of the Obama administration's stimulus program. After the numbers were announced Thursday, President Obama called the huge job losses sobering. The continuing fallout in the labor market is causing problems in the housing sector, and vice versa.
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Visiting Sen. Grassley At Home in Iowa
Congress returns to Washington next week with health care on its mind. President Obama and the Democrats agree with Republicans that legislation overhauling health care should be bipartisan. And there may be no stronger advocate for bipartisanship on health care than Senator Chuck Grassley, the top Republican on the Finance Committee.
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For Sale: Your Michael Jackson Memorabilia
Since Michael Jackson died last week, his trading cards, old albums and autographs are selling for huge amounts of money. A letter Michael Jackson wrote to an unknown "Greg" sold for $20,000, and an album signed by all of the Jackson 5 sold for $27,000.
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Risks, Benefits Of Securitization Under Scrutiny
As part of its plan to reform financial markets, the Obama administration will turn its focus to the securitization industry. These days, almost anytime someone borrows money, the debt gets repackaged into a security that can be bought or sold like a stock.
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New Owner Spurs Optimism At Saturn
Many Saturn dealers and customers were relieved after hearing that Roger Penske would buy the company from General Motors. Penske has a reputation as a dynamo in his many business endeavors, but the company will be entering uncharted waters with the Saturn venture.
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Economist: Stimulus Appears To Be Working
More jobs were lost last month than expected, but the Obama administration's economic stimulus package promises to create 600,000 jobs by the end of the summer. Mark Zandi, the chief economist at Moody's Economy.com, says that without the stimulus, the numbers would be worse.
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U.S. Shed 467,000 Jobs In June
The Labor Department reported Thursday that U.S. businesses shed a bigger-than-expected 467,000 jobs in June. The unemployment rate rose slightly to 9.5 percent, the highest in nearly 26 years. The Dow Jones industrial average fell more than 200 points on the news.
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Obama Disappointed By Jobs Numbers
President Obama said Thursday he is "deeply concerned" about unemployment. The remarks to <em>The Associated Press</em> came after the Labor Department said U.S. businesses shed 467,000 jobs in June and that the unemployment rate increased to 9.5 percent.
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Report: SEC Official Raised Madoff Concern
In 2004, an investigator with the Securities and Exchange Commission warned superiors of inconsistencies in convicted fraudster Bernard Madoff's trading practices. She was, however, told to focus on other investigations. Zachary Goldfarb, a business and economics reporter with <em>The Washington Post</em>, offers his insight.
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Tune-in to Marketplace with Kai Ryssdal weekdays on KJZZ at 6pm.
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Rogue trades cost oil broker $10m
A rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making unauthorised trades.
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Venezuela assumes control of bank
Venezuela's government formally takes control of the country's third largest bank - the Spanish-owned Banco de Venezuela.
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More backing for Rio cash-raising
A Rio Tinto rights issue sees strong take-up from existing holders of its Australian-listed shares - after similar UK success.
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Making sense of the recession: latest news, analysis and how the crisis affects you
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BA to cut spending by one fifth
British Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers.
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Eurozone retail sales post fall
Retail sales in the eurozone fell more than expected in May, a further sign of the slowing economy, data shows.
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Europe nears gas pipeline accord
Five European governments are due to sign an agreement on 13 July for a major new pipeline from Central Asia.
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Mandelson hints at Vauxhall loans
The UK is prepared to make loans or loan guarantees to help push through the sale of Vauxhall, says Lord Mandelson.
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Regulators eye Google book deal
US anti-trust regulators are to examine Google's $125m deal with book publishers to settle copyright issues, reports say.
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GM awaits US ruling on sale plans
A new General Motors could emerge from bankruptcy protection soon if a US judge approves its plans to sell assets.
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Billions in virtual cash stolen in online robbery
Details emerge of why billions in virtual cash disappeared from a virtual bank in Eve Online.
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Nigerian gas firm Nigaz gets web all of a twitter about 'racist name'
A new joint-venture energy firm between Nigeria and Russia has got online communities twittering, after the governments choose the name Nigaz.
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Robert Peston's blog: Keep up-to-date with the latest business analysis
For the latest business analysis
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Guidelines for financial journalists
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Man's world?
Encouraging more women to work on building sites
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Feed the poor
Welfare costs to strain India's budget
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Rogue trading
Can one individual have the clout to move markets?
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Lost tunes
Rare music sleuths make a monkey of the major labels
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Burning out
Budget busts mean damp squibs in the US on 4 July
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Mexico's woes
US downturn and swine flu batter Mexico's economy
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Construction sees sharp slowdown
The UK construction sector is expected to shrink by 16% in 2009, according to an industry body.
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Sahara gas pipeline gets go-ahead
Nigeria, Niger and Algeria agree to build a multi-billion-dollar gas pipeline across the Sahara.
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US job losses worse than expected
The number of jobs lost in the US last month came in at 467,000, which is much more than had been expected.
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IMF refuses new aid for Zimbabwe
The International Monetary Fund tells Zimbabwe it will not provide more funds until it has settled its existing $1bn debts.
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Union's Tesco challenge defeated
Tesco shareholders vote against a call to end the alleged exploitation of workers in firms supplying meat to the supermarket group.
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