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Pink Slime Maker To Close Plants, 650 To Lose Jobs

Officials with Beef Products Incorporated, or BPI, will permanently close three production plants in Iowa, Texas and Kansas by the end of the month. BPI is the maker of finely textured beef. Critics call it pink slime. About 650 people will lose their jobs.
NPR

Toyota Predicts Big Profits This Year

Japanese automaker Toyota on Wednesday announced its January to March profits quadrupled over last year to $1.5 billion. The company struggled with production after last year's earthquake and tsunami caused huge delays at its factories. With production back to normal, Toyota expects this to be its most profitable year since before the global financial crisis.
NPR

Cyber Briefings 'Scare The Bejeezus' Out Of CEOs

For the top brass of companies such as Dell and Hewlett-Packard, talk of cyberweapons and cyberwar could be abstract. But at a classified security briefing in spring 2010, it suddenly became quite real. "We can turn your computer into a brick," government officials reportedly told the startled executives.
NPR

American Tries To Take Back Unlimited Airfare

When American Airlines began offering lifetime passes for unlimited, first class travel, it didn't anticipate just how much the program would cost them down the line. The price tag for the golden tickets started at $250,000 back in the 1980s, but airline investigators say that one ticket-holder was costing the company a million dollars. Audie Cornish speaks with Los Angeles Times business reporter Ken Bensinger about the lifetime offer American Airlines is now trying to take back.
NPR

Falling Oil Prices: A Blip Or A Hint Of The Future?

It may seem like oil prices are always on a one-way escalator up. But analysts say there are reasons to be optimistic about America's energy future.
NPR

Why Does Diversity In Banking Matter?

Stuart Ishimaru has a tough task ahead of him. He's responsible for measuring diversity in the financial world, as the new head of the Office of Women and Minority Inclusion, in the Consumer Financial Protection Bureau. Host Michel Martin speaks with Ishimaru about why promoting diversity in banking and other financial institutions matters.

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