Where do America’s biggest banks make their money?

Most people know the traditional banking model, if only from George Bailey in It’s A Wonderful Life. In simplified form: A bank takes deposits from savers, and pays them a low interest rate. Then it lends that money out to borrowers at a higher interest rate. The bank’s profits come from the difference between the rates.   Charming…but far …

How the astronauts on the International Space Station get back to our planet

This Sunday (July 1, 2012), three members of the International Space Station crew will return to Earth on board a Kazakhstan-bound Soyuz craft, after over six months in orbit. Don Pettit and Andre Kuipers, two of the returning astronauts, and Joe Acaba, who arrived at the station in May, discuss life on board ISS, the …

The Art of Fermentation in coffee, bread, beer, cheese, yogurt…

The list of fermented food in our lives is staggering: bread, coffee, pickles, beer, cheese, yogurt and soy sauce are all transformed at some point during their production process by microscopic organisms that extend their usefulness and enhance their flavors. The process of fermenting our food isn’t a new one: Evidence indicates that early civilizations …

Reading Rainbow turns into a startup, releases an iPad app

Back in 2009, NPR ran a story titled “‘Reading Rainbow’ Reaches Its Final Chapter.” At the time, that probably seemed like a reasonable headline — after all, after 26 years, the beloved TV show was going off the air, the victim of changing government funding priorities. But it looks like there’s actually a lot more …

Listen online to Fiona Apple’s new album – The Idler Wheel…

Emotions are so darn beautiful — that’s the message of music, much of the time. The giggling lilt of a melody, the ennobling swell of a crescendo: Popular songs, especially, often enhance our moods to lift us up, unbreak our hearts, drive us toward liberating confessions and cathartic climaxes. Courting the sublime so aggressively that it often gets …

Click and Clack to retire – NPR’s Car Talk – final show this Fall

They were a couple of auto mechanics with a pronounced Boston brogue and, improbably, degrees from MIT. They hadn’t a clue how to perform on radio, much less public radio. So Tom and Ray Magliozzi just decided to have a good time. The result was “Car Talk,” which shattered the perception that public radio is …

The most popular media outlets by state – where is Fox News/NPR popular?

Forbes and Bitly pulled together a data set highlighting the most read newspapers by state. In some places certain media is read more than others. Can you guess where NPR is the most popular, or where Fox News is read the most?   The Media Map: Who’s reading what and where News sources read and …

Q&A with Gary Knell – the new CEO of NPR

An excerpt from the interview: Q: You’re a self-professed “NPR groupie.” What do you listen to? A: Morning Edition is kind of on every day. I’m a big fan of Weekend Edition Saturday, as well as a lot of the music programs. I’m a follower of most all of the programs, so I didn’t walk into the job …

Dynamically priced seats – Baseball is using big data to improve ticket sales

“We work with half of baseball right now,” said Barry Kahn, CEO of Qcue, a company that helps teams sell dynamically priced tickets. That’s up from just four teams at the start of last season (2011). In all, 17 of 30 Major League teams will use dynamic pricing this season, according to Ticket News. via …

Are you biking more because of the high gas prices?

I love this story because it backs up my own behavior. With gas prices skyrocketing I find myself biking for local errands, and I’ve begun to love it! Nearly 70 percent of Americans’ car trips are less than two miles long. It’s a no-brainer that biking instead of driving to take care of these trips is a great way to …