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Business news

The board of the computer company Dell is said to be weighing several takeover offers. The company's founder has allied with the private equity firm Silver Lake to take the company private.

Matzo Granola: From Family's Shelf To Store Shelves

Mar 25, 2013

Transcript

RENEE MONTAGNE, HOST:

Well, Passover begins tonight at sundown. Observant Jews will commemorate the mass exodus from Egypt and for the next eight days eat matzo, the dry flat cracker known as much for its bland taste as its symbolism. It's also fueled the entrepreneurial spirit of an Atlanta couple.

Susan Mittleman sampled their business venture, a venture that mixes matzo with granola.

SUSAN MITTLEMAN, BYLINE: Wayne Silverman has made maple-nut matzo granola in his kitchen for more than 40 years.

(SOUNDBITE OF MATZO BEING BROKEN)

Cyprus has secured a $13 billion package of rescue loans in tense, last-ditch negotiations. Some in Cyprus question whether the European Union wanted Cyprus' recently discovered natural gas reserves or big bank deposits to go to German banks.

Business News

Mar 25, 2013

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with Apple doing some shopping.

Apple has been trying to go head-to-head with Google to provide better mapping services. Apple's latest effort to do that has a price tag of $20 million. That's how much it paid for a small startup company called WiFiSLAM, which maps indoor settings. Think shopping malls and airports. Apple confirmed the purchase to The Wall Street Journal, but wouldn't discuss its plans. Transcript provided by NPR, Copyright NPR.

The Last Word In Business

Mar 25, 2013

Transcript

DAVID GREENE, HOST:

And our last word in business today is: highly illogical, captain.

Congress has rebuked the IRS for spending tens of thousands of dollars to film a "Star Trek" parody video.

(SOUNDBITE OF IRS VIDEO)

UNIDENTIFIED MAN: These are the voyagers of the Starship Enterprise Y. Its never-ending mission is to seek out new tax forms, to explore strange new regulations, to boldly go where no government employee has gone before.

RENEE MONTAGNE, HOST:

The video stars IRS workers and was shown at a conference in 2010.

HBO CEO Richard Plepler is saying something a lot of the television network's fans have been waiting to hear — that its content could be offered to customers directly through their Internet service providers instead of a cable company.

Right now, HBO must be purchased through a cable provider. Plepler tells Reuters that HBO Go, an online streaming service launched by the network in 2010 (but still only available as an extra to your cable TV) might also be sold through ISPs.

The chairman of the Federal Communication Commission announced during a staff meeting on Friday that he intends to step down "in the coming weeks."

Julius Genachowski's resignation comes just a day after Commissioner Robert McDowell announced his plans to step down.

The New York Times reports the Obama administration has not settled on a replacement for Genachowski. It reports:

The Last Word In Business

Mar 22, 2013

Transcript

STEVE INSKEEP, HOST:

What better place to play video games than in a man cave? That's our last word in business today. It's how real estate website Zillow describes a Cold War-era bomb shelter in South Florida, now on sale for just under half a million dollars - 30-inch thick, steel-reinforced, concrete walls; decontamination showers; and 17-foot high ceilings.

There's even some milk solids and canned sugar left over, and it allegedly could be turned into a home. The listing agent describes the property as something out of an old Japanese Godzilla movie.

In Chicago, officials have released a long-feared list that places more than 50 schools on the chopping block. The public school district faces a $1 billion shortfall, and the mayor says many of the city's school buildings are half empty. Some angry parents and teachers say the plan will harm children and they'll fight to keep the schools open.

Examining The Banking Crisis In Cyrpus

Mar 22, 2013

The tiny Mediterranean island-nation of Cyprus is teetering on the edge of insolvency after rejecting a tax on bank deposits imposed by the E.U. and IMF in exchange for a bailout. Cyprus has until Monday to approve a new bailout plan.

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