NPR Business

U.S.
12:34 am
Wed January 30, 2013

Debate Over Rebuilding Beaches Post-Sandy Creates Waves

Ongoing beach nourishment, like this project in Viriginia Beach, has been the topic of debate. Some people say it's needed to protect beach communities; others decry the costs.
Pam Spaugy U.S. Army

Originally published on Wed January 30, 2013 12:49 pm

For a half-century, the U.S. Army Corps of Engineers has been in the beach business, dredging up new sand as shorelines wash away. Federal disaster aid for Superstorm Sandy could provide billions more for beach rebuilding, and that has revived an old debate: Is this an effective way to protect against storms, or a counterproductive waste of tax dollars?

On a recent blustery day at Virginia Beach, the latest beach nourishment project is in full swing. A bulldozer smooths out pyramids of sand, and on the horizon, a large, black hopper dredge appears with another load.

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Economy
4:35 pm
Tue January 29, 2013

Latest Figures Suggest U.S. Housing Recovery Is Still On Track

Originally published on Mon February 4, 2013 2:29 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

Home prices were either up or down, depending on how you read the latest Case-Shiller survey, which was released this morning. Prices were down a bit in November from the previous month, but up sharply compared to the previous year. Taken together, most analysts say the housing recovery is still on track. And joining us now to discuss the housing market is NPR's Yuki Noguchi. Hi there, Yuki.

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Economy
1:56 pm
Tue January 29, 2013

Paul Krugman's Unconventional Thoughts On The Economy

Originally published on Tue January 29, 2013 6:24 pm

Transcript

NEAL CONAN, HOST:

Over the past several years, Democrats and Republicans have disagreed on how address the problems of deficit and debt, but there's broad consensus that we need to reduce both by significant numbers, and soon. In his columns in New York Times and in a book called "End this Depression Now!" Nobel Prize-winning economist Paul Krugman defies the conventional wisdom. He argues for more spending, not less, says the deficit's not too bad, and that a little inflation might be a good thing.

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The Two-Way
1:45 pm
Tue January 29, 2013

Judge Approves BP's Manslaughter Plea In 2010 Gulf Oil Spill

The Deepwater Horizon oil rig burned on April 21, 2010.
U.S. Coast Guard Getty Images

Originally published on Tue January 29, 2013 3:03 pm

A federal judge has approved a guilty plea by BP to manslaughter charges in connection with the 2010 Gulf oil spill.

The approved deal includes a record $4 billion in criminal penalties.

Eleven workers on the Deep Water Horizon rig died in the April 2010 explosion. BP pleaded guilty to manslaughter charges for those deaths and to lying to Congress about the amount of the oil spilling out into the Gulf of Mexico.

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Latin America
1:21 pm
Tue January 29, 2013

For Your Next Caribbean Vacation, Haiti ... Maybe?

Mont Joli Hotel looks out over Cap-Haitian in northern Haiti. The owner says he's usually fully booked and plans to double the hotel's capacity. Haiti is trying to expand its tourism infrastructure and tap in to the multibillion-dollar Caribbean travel market.
David Gilkey NPR

Originally published on Mon February 4, 2013 2:29 pm

Haiti used to be a tourist hot spot in the Caribbean. Former U.S. President Bill Clinton regularly recounts how he and Hillary honeymooned in Haiti in 1975. There used to be a hopping Club Med just outside Port-au-Prince, but it closed in the '90s.

Now, the Haitian government is trying to revive some of its former allure, launching an aggressive campaign to market the poorest country in the hemisphere as a vacation hub.

President Michel Martelly says tourism could be a major driver of economic growth and could help lift Haitians out of poverty.

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The Salt
12:02 pm
Tue January 29, 2013

Why Chicken Wings Dominate Super Bowl Snack Time

Blame sports bars for the chicken wing boom, especially on Super Bowl Sunday.
jeffreyw Flickr.com

Take a look at this remarkable graph — is it the stock market? Home sales?

Nope. Click on the blue box in the lower right-hand corner and you'll see that the blue line tracks the number of chicken wings that Americans bought at grocery stores over the last year. See that mighty surge of wing-buying in early February? Apparently, you just cannot have a Super Bowl party without chicken wings — millions and millions of chicken wings.

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Your Money
12:01 pm
Tue January 29, 2013

Retirement Accounts: Don't Rob Peter To Pay Paul!

Originally published on Tue January 29, 2013 12:17 pm

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin, and this is TELL ME MORE, from NPR News. Coming up, we have the latest installment in our series Social Me. We'll talk about how educators could use their students' social media habits to figure out how they learn.

But first, to matters of personal finance: We want to talk about retirement. While earlier generations might have had a pension, now millions of Americans, if they have any savings, probably have some kind of retirement account like a 401K.

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The Two-Way
10:19 am
Tue January 29, 2013

Consumer Confidence Drops; All Of 2012's Gains Gone

Though there have been other signs to indicate that the economy is on the upswing, many Americans aren't feeling all that good about how things are going.

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The Two-Way
9:26 am
Tue January 29, 2013

Home Prices Continue To Rise; Housing Is Now Economic 'Bright Spot'

A sign of the times in Boca Raton, Fla. (November 2012 file photo.)
Joe Raedle Getty Images

Originally published on Tue January 29, 2013 10:17 am

There's more good news about the housing market this morning.

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Media
5:27 am
Tue January 29, 2013

Facebook Co-Founder Chris Hughes Redesigns 'New Republic'

North Carolina-born Chris Hughes attended Harvard University, where he shared a room with his Facebook co-founder, Mark Zuckerberg. He bought a majority stake in the venerable magazine The New Republic in 2012, and is the magazine's publisher and editor-in-chief.
Jason Gardner The New Republic

Originally published on Tue January 29, 2013 12:58 pm

Chris Hughes, 29, is the co-founder of Facebook, a former adviser to the Obama campaign, and now the publisher of the 98-year-old magazine The New Republic.

He's facing the same challenges other print media owners do: how to marry in-depth news articles with screens that seem to be getting smaller and smaller. Hughes tells NPR's Steve Inskeep it's a task he's prepared to tackle.

Interview Highlights

On redesigning to fit the way we read

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