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Business
4:00 am
Wed February 29, 2012

Business News

Originally published on Wed February 29, 2012 11:02 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with an invitation from Apple.

Journalists were invited yesterday by Apple for a product event next month. And that was enough to send the company shares to another all-time high. There's wide speculation the event will introduce the next generation of its iPad tablet. The iPad 3 is expected to have a faster processor and a high definition display. Transcript provided by NPR, Copyright National Public Radio.

Business
4:00 am
Wed February 29, 2012

The Last Word In Business

Transcript

DAVID GREENE, HOST:

And that brings us to our last word in business on this Leap Day: a rare proposal. Traditionally in many European countries Leap Day was considered the only day when a woman could propose to a man. And one restaurant in Swindon, England seems to be capitalizing on that.

RENEE MONTAGNE, HOST:

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Asia
4:00 am
Wed February 29, 2012

Journalists Tracks Drone Strikes Near Afghan Border

Pakistani journalist Pir Zubair Shah has been following drone strikes in the border region between Pakistan and Afghanistan for more than half a decade. He talks to Morning Edition's Steve Inskeep about his recent article in Foreign Policy magazine titled "My Drone War."

Business
3:31 am
Wed February 29, 2012

Identity Theft A Growing Concern For Businesses

Fake business listings and other forms of business identity theft are a growing concern, causing real business owners to worry about protecting reputations and losing customers.
Justin Sullivan Getty Images

You've heard of identity theft — someone using a person's credit information or a Social Security number for ill-gotten gains. Well, experts say similar crimes are also affecting businesses.

Business identity theft involves posing as a legitimate business in order to get access to credit lines or steal customers. Experts believe that the practice has become more prevalent in the past two years.

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The Salt
3:27 am
Wed February 29, 2012

Newfoundland Gives Whole New Meaning To Ice Cold Beer

Quidi Vidi's lager is brewed with 25,000-year-old water harvested from Newfoundland's icebergs.
Courtesy of Quidi Vidi

Originally published on Wed February 29, 2012 11:31 am

The year the Quidi Vidi Brewing Co. started brewing beer with iceberg water, a giant iceberg floated up against the cliffs around St. John's, Newfoundland.

"It was a big berg and it jammed right across the harbor here," says Charlie Rees, the brewery's tour guide.

Rees says Newfoundlanders have a curious relationship with icebergs. On the one hand, they're a fact of life. On the other, when that iceberg was in the harbor's mouth, hundreds of people came down to gawk. He took pictures.

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Economy
3:25 am
Wed February 29, 2012

Record Low Interest Rates Raise Inflation Concerns

The Federal Reserve plans to keep short-term interest rates near zero until 2014, and some critics are concerned about the risk of inflation and the message it sends about the economy.
Karen Bleier AFP/Getty Images

The goal of the Federal Reserve's low interest rate policy is to juice the economic recovery. The low rates should make it easier for people to borrow money, which they'll hopefully spend; the increased demand for goods and services is then supposed to translate into more hiring.

That's what the Fed is banking on. It hopes low interest rates will help with its mandate of achieving maximum employment, but it also has another mandate: to keep prices stable.

"In many cases, those two conflict," says economist Joe Gagnon of the Peterson Institute for International Economics.

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The Record
12:08 am
Wed February 29, 2012

Music In Political Campaigns 101

Kid Rock performs during a campaign rally for Republican presidential candidate Mitt Romney in Michigan Monday night. Romney asked for, and was given, permission to use the Detroit rocker's song "Born Free" in his campaign.
Justin Sullivan Getty Images

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Sweetness And Light
12:01 am
Wed February 29, 2012

100 Points, One Game: A Basketball Record Turns 50

Wilt Chamberlain of the Philadelphia Warriors poses in the dressing room after he scored 100 points in a game against the New York Knickerbockers on March 2, 1962.
Paul Vathis AP

Originally published on Wed February 29, 2012 11:02 am

Dave Zinkoff — or simply "The Zink" — was perhaps the most distinctive public address announcer in sports when, years ago, he called games in Philadelphia, especially for the city's NBA teams. Just his declaring that there were two minutes left in the quarter made you feel that, never mind that quarter, doomsday was but 120 seconds away.

But nothing The Zink cried out was so resounding as when Wilt Chamberlain would make an emphatic slam.

"Dipper dunk!" he would holler.

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All Tech Considered
12:01 am
Wed February 29, 2012

Nailing Down The Appeal Of Pinterest

A visit to the Pinterest home page reveals images of what some say are stereotypically female interests, from women's fashions to recipes.
Pinterest

Originally published on Wed February 29, 2012 11:02 am

To the list of weird-sounding hybrid words of the digital age, like Googling and tweeting, we can now add "pinning." As in Pinterest. It's sort of an online scrapbook or bulletin board, and it's one of the fastest-growing websites in history.

Last month, more than 10 million unique visitors signed on to Pinterest. But some of them, like Billy Winburn, are still trying to get the hang of it. At an office in Alexandria, Va., Jennifer Folsom, who works a few desks away, is walking him through the process.

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Europe
12:01 am
Wed February 29, 2012

For Leap Day Only, A Rare Newspaper Goes To Print

A man reads a copy of the satirical newspaper La Bougie du Sapeur (The Sapper's Candle), published every leap day, in a Parisian cafe on Feb. 29, 2008. The paper's tagline is "without reproach."
Patrick Hertzog AFP/Getty Images

Originally published on Wed February 29, 2012 11:02 am

At newsstands across France on Wednesday, readers will delight to a humorous broadsheet published every four years on leap day.

At news shops in Paris and around France, readers look forward to their copy of La Bougie du Sapeur every Feb. 29. Published since 1980, the satirical journal is now in its ninth edition. Its title, which translates as "sapper's candle," is taken from an old French comic-book figure who was born on that fateful last day of February.

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