Auto executives got a grilling on Capitol Hill yesterday. Not the usual suspects from Detroit's Big Three. Think much, much smaller. Executives from the hybrid carmaker Fisker testified about hundreds of millions of dollars in loans Fisker got from the government. Today, the company is on the verge of collapse.
NPR's Sonari Glinton reports.
SONARI GLINTON, BYLINE: Fisker, the car company, isn't dead yet. But Congress has already begun the autopsy.
Sen. Lamar Alexander, R-Tenn. (left), leads a news conference about the Marketplace Fairness Act on Tuesday. The legislation would provide states with the authority to require out-of-state retailers to collect and remit taxes on purchases shipped into the states.
The U.S. Senate may vote this week on the Marketplace Fairness Act, a bill that would allow states to collect sales tax from more online retailers. And as the political and retail landscape has shifted from the last time around, the Senate is expected to approve the measure.
The proposal to require online sellers to collect out-of-state sales tax has been kicked around for many years. For a decade, Amazon was a fierce opponent.
When Superstorm Sandy inundated lower Manhattan last year, thousands of lab animals drowned and many scientists lost months or even years of work. One of those scientists is Gordon Fishell, a brain researcher at New York University.
Just hours before Sandy reached New York, Fishell says, he began to worry that animals housed in a basement below his lab were in danger. "I realized Hurricane Sandy and high tide were going to coincide at Battery Park, which is right where my lab is," he says.
I spoke yesterday with Dan Sichel, a Wellesley economist and a Lady Gaga fan. Both of these facts are relevant for this story.
The U.S. government is about to tweak the way it measures the economy, and some of the biggest changes will affect the entertainment industry.
Under the current system, Sichel told me, Lady Gaga's sales of concert tickets, online songs and CDs all count toward gross domestic product. But the value of the time she spends in the studio working on new songs isn't counted. That's about to change.
Three women in coffee leading the way: Stephanie Backus of Portland Roasting, coffee farmer Miguelina Villatoro of Guatemala, and coffee exporter/processor Loyreth Sosa. Here they discuss coffee prices as they survey beans ready for milling.
Credit David Gilkey / NPR
Margaret Swallow co-founded the International Women's Coffee Alliance a decade ago.
Ford, the No. 12 passenger-car seller in China, is showing off 23 vehicles at its exhibit at the Shanghai International Automobile Industry Exhibition this week.
Chang'an Ford Mazda Automobile Co. Ltd. Executive Vice President Luo Minggang (left) and President Marin Burela unveil the new Ford Mondeo model at the Shanghai auto show this week. Ford's sales in China were up 30 percent last year.
General Motors has been the American car company in China. Even when GM was in bankruptcy, the Chinese continued to view Buick as a high-status, luxury brand.
But now Ford, an also-ran in the market for years, is making a push to change all that. Last year, Ford's sales were up more than 30 percent in China, and the Ford Focus was the best-selling car in both the world and China.
In recent weeks, the Associated Press, NPR and the BBC have all had their Twitter accounts hijacked. Hacks of high-profile accounts have real-world consequences, and the security at Twitter is coming under increased scrutiny.
As the social media platform has become an essential news and communication platform globally, it has also become a honey pot for hackers. It's so deliciously attractive, they can't seem to resist.
Originally published on Sun April 28, 2013 7:53 am
Defense Secretary Chuck Hagel on Wednesday tried to tone down Israeli claims that the Syrian government has been using chemical weapons.
Chemical weapons use is important, because the United Staes has repeatedly said their use marks a "red line" in the conflict. President Obama and the United Nations have warned President Bashar Assad not to use them.