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4:15 am
Tue September 3, 2013

Verizon Buys Out Vodafone To Acquire Wireless Company

Originally published on Tue September 3, 2013 9:54 am

Transcript

(SOUNDBITE OF THEME MUSIC)

STEVE INSKEEP, HOST:

NPR News business news starts with Verizon in total control.

At least for the wireless network. Yesterday, we told you Verizon was on the way to approving one of the biggest deals in the history of the telecommunications business. And now we can tell you the deal is sealed. The company will pay $130 billion in cash and stock to the British company Vodafone to acquire Vodafone's share of their joint wireless venture.

NPR's Jim Zarroli reports.

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Business
4:15 am
Tue September 3, 2013

Will Microsoft's Nokia Deal Shake Up Mobile?

Nokia was the only large phone manufacturer in the world to commit to selling phones running Microsoft's operating system. Now Microsoft is buying Nokia's mobile phone business.
Timothy Clary AFP/Getty Images

Originally published on Tue September 3, 2013 12:30 pm

Nokia was once the largest mobile phone manufacturer in the world, the most valuable company in Europe and an icon in its home base of Finland. But the rise of Apple and Android smartphones knocked the company on its heels.

Now comes news that Microsoft is buying Nokia's mobile phone business for $7.2 billion. NPR's Steve Henn answers some questions about the deal.

So what is Microsoft getting here?

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Business
4:15 am
Tue September 3, 2013

Lava Lamp Turns 50

Originally published on Tue September 3, 2013 9:54 am

Transcript

STEVE INSKEEP, HOST:

OK. Our last word in business has to be said just the right way. The word is: Groovy. But you have to say it this way - groovy baby.

RENEE MONTAGNE, HOST:

Groovy...

(LAUGHTER)

MONTAGNE: ...baby. Well, in the '60s, the grooviest thing around was the Lava Lamp. And we're mentioning it just now because it turns 50 today.

INSKEEP: Groovy. The fluorescent lamp, with its hypnotic moving liquid blob center, helped to define the psychedelic era. It first hit stores in Britain on this day in 1963.

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Business
4:15 am
Tue September 3, 2013

New York's Dairy Farmers Squeezed By Greek Yogurt Boom

The recent yogurt boom of upstate New York has meant more jobs in places like the Chobani plant in South Edmeston, but it has not led to a bigger dairy herd in the state.
Mike Groll AP

Originally published on Tue September 3, 2013 1:01 pm

Upstate New York has lugged around the Rust Belt identity for decades now.
But today, the region is trying on a new reputation as the king of yogurt — especially the high-protein Greek yogurt that consumers crave.

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Around the Nation
4:15 am
Tue September 3, 2013

Radio Station KYAY Is Lifeline For Apache Tribe

Originally published on Tue September 3, 2013 9:54 am

Transcript

RENEE MONTAGNE, HOST:

And on a reservation in Arizona, there's a tiny radio station marking its first year on the air. KYAY is owned by the San Carlos Apache Tribe and it's become a window into this isolated reservation, offering news and entertainment. NPR's Kirk Siegler has been listening.

(SOUNDBITE OF TRADITIONAL APACHE SONG)

KIRK SIEGLER: From a cinder block building in a dusty lot on the edge of San Carlos, comes KYAY 91.1 FM, the voice of the San Carlos Apaches.

LYNN KEY: So, you know, it's KYAY.

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