Economy & Business

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Why are subprime auto loans still a thing?

Jun 21, 2017
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Jana Kasperkevic

What are subprime auto loans? 

Uber CEO Travis Kalanick Resigns

Jun 21, 2017

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DAVID GREENE, HOST:

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

DAVID GREENE, HOST:

It has been a very rough year for Uber.

STEVE INSKEEP, HOST:

When it's literally too hot to fly

Jun 21, 2017
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Kim Adams

When air gets really hot, like 120 degrees hot, it means two things for the air-traveling public in the Southwestern United States. One, your plane will have to go faster to generate enough airflow over its wings to get enough lift to get off the ground. But two, the engines on those planes will generate less thrust.

In other words, your flight could get canceled because it's literally too hot to fly.

It's "Technology Week" at the White House. So, naturally, President Trump is heading to farm country today. If that seems incongruous, you may not know there's a lot of high-tech stuff going on in the growing field of "precision agriculture.” Farmers are using all sorts of technology to determine the most efficient growing practices, which agriculture specialists will discuss with Trump during his Iowa trip.

Click the audio player above to hear the full story.

Uber Co-Founder Travis Kalanick Resigns Under Pressure As CEO

Jun 21, 2017

Updated at 9:50 a.m. ET

The chief of Uber has resigned. Travis Kalanick, under pressure from his top investors, announced his departure Tuesday night. The move, which comes as a surprise to employees, plunges one of the largest private companies on Earth into an even bigger leadership vacuum.

A week ago, Kalanick said he was stepping away from his position as CEO temporarily, taking a leave of absence to mourn his mother, who recently died in a boating accident, and to work on his leadership, to grow into "Travis 2.0."

Barbie's one-time blue-eyed boyfriend is getting a makeover. Toymaker Mattel is giving its Ken doll a variety of new looks in hopes the makeovers will move the toys into the modern era.

On Tuesday, the company rolled out 15 new Ken dolls with three body types: "slim, broad and original." They have seven skin tones, nine hairstyles — including cornrows and "man buns" — and an array of sartorial styles from business casual to athletic-chic.

06/21/2017: Crowdsourcing our brains

Jun 21, 2017
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Marketplace

President Trump has called for a "sweeping transformation of the federal government's technology," but is that achievable? Matt Cutts of the U.S. Digital Service — which works on modernizing tech, one crisis at a time — joined us to talk about what his team does and whether progress is possible. Afterwards, we'll look at Amazon's latest attempt at world domination: the launch of a clothes shopping service that will let you order clothes and return them for free if you don't like them.

Uber CEO Travis Kalanick resigns under investor pressure

Jun 21, 2017

DETROIT (AP) — Travis Kalanick, the combative and troubled CEO of ride-hailing giant Uber, has resigned under pressure from investors at a pivotal time for the company.

Uber's board confirmed the move early Wednesday, saying in a statement that Kalanick is taking time to heal from the death of his mother in a boating accident "while giving the company room to fully embrace this new chapter in Uber's history.'' He will remain on the Uber Technologies Inc. board.

Carla Fendi, onetime president of the eponymous fashion line, died in Rome on Monday at the age of 79, following a long illness, The Associated Press reports. The fashion house tweeted that her loss "deeply affects us all."

Italy's Culture Minister Dario Franchescini remembered her as "a cultivated and sensible woman who was a major patron of the arts," according to the AP.

Today  is the deadline for insurers to submit plans for selling policies on the Obamacare exchanges in 2018. The political climate has destabilized the market for many insurers, and 44 counties have already decided to pull out entirely, leaving thousands potentially without coverage.

Click the audio player above to hear the full story.

06/21/2017: Uber investors oust CEO Travis Kalanick

Jun 21, 2017
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Marketplace

A group of investors have pushed out Uber's founder and CEO following a series of controversies, including allegations of sexual harassment. On today's show, we'll take a look about what's in store for the ride-sharing company's future and how much power Kalanick still has left within the company. Plus: A look at how technology is helping farmers determine the most efficient growing practices. 

At the wine tasting room of Taylors Wines in Sydney, Australia, bottles are uncorked, poured, swished, sniffed and sipped. There's a lot for employees to toast this year.

"The Australian wine sector is growing at a fast rate," says Mitchell Taylor, the winery's managing director. "And what is exciting is the top level, about 20 to 30 dollars a bottle and above, that segment is growing at 53 percent."

That's thanks, in part, to China.

President Trump has updated his personal financial disclosure report from last year, and here NPR updates our December 2016 analysis of that earlier report.

In recent years, a small but growing number of medical practices embraced a buffet approach to primary care, offering patients unlimited services for a modest flat fee — say, $50 to $150 per month — instead of billing them a la carte for every office visit and test.

But a pioneer in the field — Seattle-based Qliance — shut its public clinics as of June 15, and some health care analysts are questioning whether the approach to medical care is valid and viable.

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