A number of luxury retailers are rolling out tactics this year to mark the beginning of the Lunar New Year. For Bloomingdale's in New York City, though, reaching out to Asian shoppers during the cultural celebration is a decades-long tradition.
The upscale department store's marketing strategy traces back to 1971, the year President Nixon lifted the U.S. trade embargo with the People's Republic of China. Immediately, Marvin Traub, then-president of Bloomingdale's, decided he wanted to sell Chinese goods in his flagship store on the Upper East Side.
In rural Vermont, the U.S. Postal Service decision to discontinue Saturday letter delivery is yet another blow to an institution that's long been a fixture of village life.
Last year, the U.S. Postal Service abandoned plans to close thousands of small post offices, opting instead to cut hours. But there are fears the cuts will continue until the rural post office is no more.
Toyota and BMW have formed an alliance to work on fuel cell cars. So have Daimler, Ford, and Nissan, with hopes of having cars on the road by 2017. But why now, and what obstacles still stand in the way? Jennifer Kurtz discusses the current state of hydrogen fuel technology.
Civil rights advocates have long relied on a principle called, "disparate impact," to prove minorities are discriminated in housing. Now, the Supreme Court is poised to review whether it's a legitimate tool in such cases. Host Michel Martin speaks with investigative journalist Nikole Hannah-Jones, who has written about the issue for ProPublica.
All right. And our last word in business today is snakebite.
Over the next couple of weeks skies in many parts of Asia will be lit up with fireworks to celebrate the Lunar New Year. The Year of the Dragon is ending and Sunday marks the start of, yes, the Year of the Snake.
We'll begin NPR's business news starts with strong winds in Spain.
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GREENE: Spain has a pretty good location in the south of Europe. They are accustomed to good weather, plenty of sunshine, clear skies and wind - which the country is putting to good use. Spain has become a leader in renewable energy.
In fact, the countries wind farms have broken a new record, as Lauren Frayer reports from Madrid.
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Boeing engineers in the Pacific Northwest are voting on whether to authorize a strike. The labor dispute is playing out against a dramatic backdrop. Here, the engineers are needed, now more than ever, to help fix the batteries on Boeing's flagship 787 Dreamliner.
As Ashley Gross of member station KPLU reports, that's given them something that is rare for unions these days - leverage.
ASHLEY GROSS, BYLINE: At the engineering union headquarters south of Seattle, about a dozen Boeing employees are gathering to talk strategy.