Zoe Chace http://wknofm.org en Penny Hoarders Hope For The Day The Penny Dies http://wknofm.org/post/penny-hoarders-hope-day-penny-dies Transcript <p>AUDIE CORNISH, HOST: <p>Every year, the U.S. government loses money minting pennies. They cost around twice as much to make as they're worth. And some politicians and economists say we ought to just get rid of them. They want the U.S. to kill the penny, take it out of circulation. If that happens, a small group of people plan to make a bunch of money.<p>NPR's Zoe Chace has that story from our Planet Money team.<p>ZOE CHACE, BYLINE: Steve Wardak is one of those people. This guy is a big fan of the penny. He's never walked past a penny on the street and not picked it up. Wed, 21 May 2014 20:10:00 +0000 Zoe Chace 47557 at http://wknofm.org When Lyrics Get Posted Online, Who Gets Paid? http://wknofm.org/post/when-lyrics-get-posted-online-who-gets-paid Any time a song is popular, you'll find people debating it. And at some point during that debate, someone is going to Google the lyrics.<p>There are roughly 5 million searches for lyrics per day on Google, according to LyricFind. Those searches often lead to websites that post lyrics to lots of songs — and, in many cases, sites that post ads alongside those lyrics.<p>David Lowery, frontman and songwriter for Cracker and Camper van Beethoven, is waging war on the sites he believes make money off song lyrics but don't pay the songwriter. Fri, 09 May 2014 07:53:00 +0000 Zoe Chace 46976 at http://wknofm.org When Lyrics Get Posted Online, Who Gets Paid? Across The Atlantic, Glimpse An Alternate Internet Universe http://wknofm.org/post/across-atlantic-glimpse-alternate-internet-universe Transcript <p>AUDIE CORNISH, HOST: <p>Already for many Americans, there are few options when it comes to high-speed broadband. And the reason, says Zoe Chace with our Planet Money team, goes back to a moment when the U.S. decided to go one way and the rest of the world went another.<p>ZOE CHACE, BYLINE: That moment, March 14th, 2002, a bunch of people from the Federal Communications Commission pondering an existential question. There's this brand-new cable coming into your home with the Internet on it. What is this thing?<p>Did you really sit around and say, like, what is this? Wed, 09 Apr 2014 21:02:00 +0000 Zoe Chace 45648 at http://wknofm.org An Old Law, A Snowy Winter, And A Modern-Day Salt Shortage http://wknofm.org/post/how-old-law-caused-modern-day-salt-shortage There were so many winter storms in New Jersey this year that the state nearly ran out of the salt used to melt snow and ice on the roads.<p>State officials thought they had found a solution when they discovered an extra 40,000 tons of rock salt for sale up in Searsport, Maine.<p>The state bought the salt but ran into problems getting it to New Jersey — despite the fact that there was an enormous, empty cargo ship, sitting at the Searsport port, headed down to Newark.<p>"I mean, it was just like serendipity," says Joe Dee, chief of staff with the New Jersey Department of Transportation. Fri, 28 Feb 2014 08:28:00 +0000 Zoe Chace 43848 at http://wknofm.org An Old Law, A Snowy Winter, And A Modern-Day Salt Shortage How A Community Bank Tripped On Footnote 1,861 Of The Volcker Rule http://wknofm.org/post/how-community-bank-tripped-footnote-1861-volcker-rule When people talk about the Volcker Rule, they often mention JPMorgan Chase, the giant bank where a trader recently made a bad bet that lost $6 billion. The Volcker Rule is supposed to put an end to that sort of thing, by prohibiting banks from trading with their own money.<p>But some banks that are very, very different from JPMorgan Chase are struggling with an obscure provision in the rule. Fri, 10 Jan 2014 22:31:00 +0000 Zoe Chace 41860 at http://wknofm.org