NPR Business

Business
5:07 am
Fri October 26, 2012

Iconic British Cab Company Is On The Skids

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is Cab crisis.

One of London's defining features is the black hackney cab. Along with the city's red double-decker buses, those shiny black cabs are moving London landmarks. But the company that makes them is in trouble.

RENEE MONTAGNE, HOST:

Unable to pay its debts, the company this week went into what's called there, Administration. Harry Harris has been driving a London cab for 25 years, but he's not too broken up about this.

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Energy
5:58 pm
Wed October 24, 2012

Could U.S. Produce Enough Oil To Rival Saudi Arabia?

Austin Mitchell walks away from an oil derrick outside Williston, N.D., in July 2011. North Dakota is now the No. 2 producer of oil in the U.S. behind Texas.
Gregory Bull AP

Originally published on Thu October 25, 2012 2:21 pm

An oil boom is under way in the United States. Since 2008 domestic oil production has increased dramatically, reversing what was a nearly three-decade decline. That has some predicting the U.S. could overtake Saudi Arabia as the world's largest petroleum producer in coming years.

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Media
5:53 pm
Wed October 24, 2012

Newspaper Endorsements: Prized, But Often Ignored

The power of newspaper endorsements has faded, but candidates still compete for them.
Justin Sullivan Getty Images

Originally published on Wed October 24, 2012 9:02 pm

This weekend, a slew of newspapers in key swing states including Ohio are expected to release their endorsements for the presidency and other elected positions.

Such external validation is highly prized by candidates, but it's no longer entirely clear why.

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The Two-Way
5:44 pm
Wed October 24, 2012

Rajat Gupta, Former Goldman Sachs Director, Sentenced To Two Years

Rajat Gupta as he arrived at the federal courthouse in Manhattan in June.
Emmanuel Dunand AFP/Getty Images

Rajat Gupta, who was once a director at Goldman Sachs and Procter & Gamble, has been sentenced to two years in prison, after a federal jury convicted him of insider trading.

Gupta was convicted of leaking information to Galleon Rajaratnam, the billionaire co-founder of Galleon Group who was found guilty of fraud and conspiracy.

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Law
5:23 pm
Wed October 24, 2012

Rajat Gupta Sentenced To Prison For Insider Trading

Originally published on Wed October 24, 2012 5:53 pm

Rajat Gupta, a man who operated at the top levels of American business, was sentenced to two years in prison on Wednesday. He was convicted of insider trading in a case that grew out of the prosecution of hedge fund manager Raj Rajaratnam, who is now in prison.

Law
5:20 pm
Wed October 24, 2012

U.S. Sues Bank Of America For Mortgage Fraud

Originally published on Thu October 25, 2012 2:23 pm

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED, from NPR News. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

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Business
5:19 pm
Wed October 24, 2012

Crooks Target Barnes And Noble's PIN Pad Devices

Originally published on Thu October 25, 2012 2:22 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.

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The Two-Way
1:46 pm
Wed October 24, 2012

Here's The List: 63 Barnes & Noble Stores Where Crooks Hacked PIN Pads

A Barnes & Noble store in San Bruno, Calif. It's on the list.
Justin Sullivan Getty Images

Originally published on Thu October 25, 2012 9:41 am

If you shopped recently at 63 Barnes & Noble stores in nine states and used a credit or debit card there's a chance that thieves got hold of data about your accounts and your PIN.

As the company has announced:

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Business
1:36 pm
Wed October 24, 2012

Mortgage Interest Deduction Could Be In Play

About 34 million taxpayers take the mortgage interest deduction, for a typical savings of approximately $600 a year.
iStockphoto.com

Originally published on Wed October 24, 2012 6:23 pm

In coming months, Congress will begin an epic struggle to get the federal budget deficit under control. One tax break almost certain to come into play is the mortgage interest deduction.

Both President Obama and his Republican rival, Mitt Romney, have suggested ways to scale back the deduction's value for wealthy taxpayers. And many economists are cheering them on, saying that now — when interest rates are low — would be a great time to reduce or even phase out the deduction.

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Shots - Health News
10:35 am
Wed October 24, 2012

The Sick Turn To Crowdfunding To Pay Medical Bills

Fundraising for medical causes is getting easier with sites like GoFundMe.
iStockphoto.com

Originally published on Tue October 30, 2012 1:14 pm

Surely you've heard of crowd funding sites like Kickstarter that have helped thousands of filmmakers, musicians and painters leverage Facebook and Twitter to raise money for creative projects.

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