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Business
3:50 am
Fri November 15, 2013

Lockheed Martin To Close Plants, Lay Off Workers

Originally published on Fri November 15, 2013 5:05 pm

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

NPR's business news starts with layoffs at Lockheed Martin.

As the federal budget goes, so go defense contractors. Lockheed Martin says it's forced to reduce costs as federal defense spending declines. The nation's largest military contractor announced plans yesterday to eliminate 4,000 jobs over the next year and a half. Lockheed Martin also plans to close plants in several states, including California, Pennsylvania and Ohio.

StoryCorps
2:35 am
Fri November 15, 2013

Making New Connections On A Trapped Subway Train

New York City subway conductor Paquita Williams (left) and passenger Laura Lane became friends after a two-hour train breakdown.
StoryCorps

Originally published on Fri November 15, 2013 11:37 am

Laura Lane met Paquita Williams, a New York City subway conductor, when their train was stopped underground for two hours. Generally, Paquita says, most passengers are nice, but "there's times if the train breaks down, people think that's my fault."

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Shots - Health News
2:32 am
Fri November 15, 2013

Medicare Penalizes Nearly 1,500 Hospitals For Poor Quality Scores

Originally published on Fri November 15, 2013 9:49 am

While the health law's insurance markets are still struggling to get off the ground, the Obama administration is moving ahead with its second year of meting out bonuses and penalties to hospitals based on the quality of their care. This year, there are more losers than winners.

Medicare has raised payment rates to 1,231 hospitals based on two-dozen quality measurements, including surveys of patient satisfaction and — for the first time — death rates. Another 1,451 hospitals are being paid less for each Medicare patient they treat for the year that began Oct. 1.

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Planet Money
2:06 am
Fri November 15, 2013

What's A Bubble?

Robert Shiller and Eugene Fama shared this year's Nobel Memorial Prize.
AP

Originally published on Sun November 17, 2013 12:58 pm

Robert Shiller was surprised when he got the call telling him he'd won the Nobel Memorial Prize in economics — surprised that he'd won (of course), but also surprised that he was sharing the award with Eugene Fama.

"He and I seem to have very different views," Shiller told me. "It's like we're different religions."

In particular, they have very different views about economic bubbles.

"The word 'bubble' drives me nuts, frankly," Fama told me.

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Environment
2:04 am
Fri November 15, 2013

A Rancher And A Conservationist Forge An Unlikely Alliance

Trout fishing is big business in Montana, bringing in tens of millions of dollars annually.
Tom Murphy Getty Images/National Geographic

Originally published on Fri November 15, 2013 8:08 pm

Trout fishing is a magnet that draws people from around the world to places like Ovando, Mont. Just ask the owner of Blackfoot Angler and Supplies, Kathy Schoendoerfer.

"Every state in the nation has been through this little shop in Ovando, Montana, population 50," says Schoendoerfer with a mix of pride and perhaps a little fatigue. "And we've also had everybody from Russia, Latvia. We get a lot of Canadians, France, Finland, Brazil, Scotland, Germany, South Africa. We get a lot of business out here. You know, fly-fishing is huge."

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