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Business
2:33 pm
Mon July 2, 2012

Glaxo Agrees to Pay $3 Billion in Fraud Settlement

Originally published on Mon July 2, 2012 4:35 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block. In what the government is calling the biggest health care fraud settlement in history, drug maker Glaxo SmithKline has agreed to plead guilty to misdemeanor criminal charges and pay $3 billion. As NPR's Carrie Johnson reports, the Justice Department says Glaxo used illegal tactics to promote two popular depression drugs and failed to report safety data on a third drug for diabetes.

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Business
2:33 pm
Mon July 2, 2012

Dish's Ad-Skipping Ability Roils Broadcast Networks

Originally published on Mon July 2, 2012 4:35 pm

Transcript

MELISSA BLOCK, HOST:

The satellite TV provider Dish Network is offering subscribers a new feature that automatically skips over ads, but broadcast networks hate that idea, and they're suing. CBS, NBC and Fox say the feature, called Auto Hop, violates copyright laws and puts the whole TV industry's foundation in danger. Joe Flint has been covering this for the Los Angeles Times, and he joins me now. At, Joe, let's talk about Auto Hop. It's a feature on Dish's new digital video recorders, or DVRs. How does it work?

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Business
2:25 pm
Mon July 2, 2012

As Strikes Wane, Caterpillar Workers Hold the Line

Credit Joseph P. Meier / Sun-Times Media Photo
Striking workers picket outside a Caterpillar plant in Joliet, Ill. The work stoppage is now entering its third month.

Originally published on Mon July 2, 2012 4:35 pm

Whenever a car or truck turns off busy Channahon Road onto the long drive to the Caterpillar plant in Joliet, Ill., a handful of union workers on a picket line scream, "Scab! Scab!!"

As strikers try shaming the few workers and managers who cross the line, even a clearly marked sandwich delivery car gets shouted down.

Approximately 800 workers at this plant, which makes hydraulic systems for Caterpillar's heavy construction and mining equipment, are about to enter their third month on strike.

Negotiations Fail

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13.7: Cosmos And Culture
11:59 am
Mon July 2, 2012

The Mutative Entrepreneur

Credit Sam Yeh / AFP/Getty Images
Computer chips: the grandest digital mutation of them all

Regular contributor Stuart Kauffman is joined this week by Richard Melmon, a managing partner at Bullpen Capital.

What is an economy? The word derives from the ancient Greek for household stewardship. The economy is the steward of our material lives. But who is this steward? And how does it decide the makeup of the pantry?

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Opinion
10:24 am
Mon July 2, 2012

The Weekly Standard: The Economy And The Courts

Credit Kris Connor / Getty Images
A Supreme Court Police officer stands outside the U.S. Supreme Court on June 28, 2012 in Washington, D.C.

Irwin M. Stelzer is a contributing editor to The Weekly Standard, director of economic policy studies at the Hudson Institute, and a columnist for the Sunday Times.

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Business
2:54 am
Mon July 2, 2012

Samsung's Galaxy S3 Sets A Marker For The iPhone

Originally published on Mon July 2, 2012 5:23 am

In the world of smartphones, Apple and Samsung have been going head to head. And the competition could get rougher. Samsung has launched the Galaxy S3 in the U.S., and it could be a serious threat to the iPhone. Linda Wertheimer talks to Bloomberg technology columnist Rich Jaroslovsky about the latest in the smartphone battle between Samsung and Apple.

Health Care
2:54 am
Mon July 2, 2012

Mississippi Reluctant To Expand Medicaid Eligibility

Originally published on Mon July 2, 2012 5:23 am

Transcript

LINDA WERTHEIMER, HOST:

It's MORNING EDITION, from NPR News. I'm Linda Wertheimer.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

WERTHEIMER: Now that the Supreme Court has upheld most of the health care law, the Affordable Care Act, the action turns to the states.

Each state has two big tasks: first is deciding whether to take federal money to expand Medicaid.

MONTAGNE: States are supposed to provide Medicaid to a larger base: people making incomes up to 133 percent of the poverty level, just under $15,000 a year.

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Business
2:54 am
Mon July 2, 2012

Business News

Originally published on Mon July 2, 2012 5:23 am

Transcript

RENEE MONTAGNE, HOST:

The chairman of the big British bank Barclays stepped down this morning. This comes just days after the bank agreed to pay British and U.S. regulators a total of $450 million, a fine to settle charges that Barclays' traders and executives had manipulated a key interest rate for profit.

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Business
2:51 am
Mon July 2, 2012

The Last Word In Business

Originally published on Mon July 2, 2012 5:07 am

More than 70 years ago, Samsung started as a company which sold dried fish and fruit. Now Samsung sells everything from life insurance, to hotels and chemicals. It's one of South Korea's biggest companies. And, it's still run by the same family: the Lees.

Health Care
2:51 am
Mon July 2, 2012

Advocates Worry Texas won't Expand Medicaid

Originally published on Tue July 10, 2012 5:15 pm

Transcript

RENEE MONTAGNE, HOST:

In Texas, one in four people are uninsured, and the state's leadership has been vociferous in its opposition to the health-care law. Carrie Feibel, of member station KUHF in Houston, reports that despite the Supreme Court's ruling, political opposition to the Affordable Care Act remains strong. And that leaves many public-health advocates nervous about how the Lone Star State will implement the law.

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Business
2:51 am
Mon July 2, 2012

Sales Tax In Health Law Targets Medical Devices

Originally published on Mon July 2, 2012 5:23 am

Some industries stand to benefit now that the health care law has been upheld by the Supreme Court. For makers of medical devices, the ruling means frustration because a sales tax on their equipment stays in place.

Health Care
2:51 am
Mon July 2, 2012

California Proceeds With Health Exchanges

Originally published on Mon July 2, 2012 5:23 am

Transcript

PAULINE BARTOLONE, BYLINE: I'm Pauline Bartolone in Sacramento.

California, unlike Mississippi, is already on the road to Medicaid expansion under the Affordable Care Act. And after the law passed in 2010, it was the first state to get going to build an exchange.

Peter Lee is in charge of it. He never let uncertainty about the Supreme Court decision come in the way of building the new marketplace.

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Business
3:05 pm
Sun July 1, 2012

Funeral Industry Laws Face A Changing Marketplace

Originally published on Sun July 1, 2012 3:53 pm

Monks set up St. Joseph Abbey in Louisiana more than 100 years ago. They've been there so long, they have 1,100 acres and their own town, St. Benedict.

For all those years, when one of the brothers died, the monks would painstakingly craft a flawless pine casket in their woodwork shop.

Over the years, many clergy members and high-ranking church officials would request the the beautiful caskets. Soon, members of the public wanted see if they might be able to buy one.

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Americandy: Sweet Land Of Liberty
11:15 pm
Sat June 30, 2012

America's Affection For Hometown Confections

Originally published on Mon July 9, 2012 8:40 am

From the maple sugar moose heads of New England to the chile brittle of the Southwest, from the Almond Roca of the Pacific Northwest to the key lime coconut patties of Florida, America loves its candy.

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American Dreams: Then And Now
3:51 am
Sat June 30, 2012

Buried In Debt, Young People Find Dreams Elusive

Originally published on Sat June 30, 2012 5:32 am

Growing up near Philadelphia, Michelle Holshue's dream was to serve those in need. Applying to nursing school at the University of Pennsylvania seemed like a smart move — in 2007.

Nursing jobs were plentiful. The students' running joke was that hospital executives would soon be stopping them in the street, begging them to come to work.

Then the economy tanked. For a time, Holshue was an Ivy League grad on unemployment and food stamps.

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