At the White House, President Obama will hold his first East Room news conference since March on Wednesday. He's expected to talk about the nation's fiscal condition, as well as the scandal that has cost him his CIA director.
Let's talk now about the shakeup at the top of Microsoft. Fewer than three weeks after the unveiling of a new, extensively redesigned Windows operating system, the executive responsible for its launch is gone. NPR's Wendy Kaufman has more.
Energy Of The Future? California company Sierra Energy is testing out a reactor that turns garbage — like these wood chips, metal fragments and plastics — into synthetic gas that can then be turned into a low-carbon diesel fuel.
Credit Christopher Joyce / NPR
Sierra Energy is testing a reactor that makes fuel in a warehouse at an old Air Force base near Sacramento, Calif.
In less than a month, two instrumental figures at two of the world's biggest tech companies have left their positions. Now industry watchers wonder whether the departures at Microsoft and Apple will mean dramatic changes of direction for the tech giants.
Many people keep cremated remains in an urn on the mantle or scatter their loved one's ashes over a sacred place.
Now, a company has pioneered a new twist: putting cremated remains into ammunition.
For $850, Holy Smoke will take cremated remains and put them into various types of shotgun shells and bullets for rifle and pistol shooters. The Stockton, Ala., company was started a year ago by two state game wardens.
Originally published on Tue November 13, 2012 11:29 am
Anyone who follows the adventures of the alternative minimum tax has to be getting sick of the many sequels. Again and again, this unpopular income tax threatens to hit middle-class families with large and unexpected tax increases.
And each time the threat reappears, Congress applies a "patch" to fix the problem temporarily. That makes the threat an annual event — along with the associated congressional hand-wringing and taxpayer confusion.
If the government goes over the "fiscal cliff," millions of households could see tax increases because of an obscure part of the tax code, known as the alternative minimum tax. Host Michel Martin talks with NPR Business Editor Marilyn Geewax about exactly what could happen and who would be affected.
There are nearly 400 art galleries in New York's Chelsea neighborhood. Many of these galleries were flooded by the storm surge that accompanied Hurricane Sandy. One insurance company estimates it has $40 million in claims.
Toothbutter: noun. Butter spread so thickly as to reveal teeth marks upon biting.
The fact that this word exists in the Danish language should help to explain what politicians were up against when they introduced the "fat tax" just over a year ago. This is a country that loves it some butter (and meat, and all things dreadful to the arteries).
Hurricane Sandy left a long trail of destruction across the New Jersey shoreline. And it did a lot more than just flood houses.
In towns like Seaside Heights and Belmar, Sandy wiped out the boardwalks that line the beach. In places like these, boardwalks served as the commercial center knitting the towns together, and residents are wondering where to go from here.
Until two weeks ago, the boardwalk was the place to hang out in Belmar, N.J. Ann Summer was walking along the water with her husband this weekend.
Originally published on Tue November 13, 2012 5:08 am
In the wake of last Tuesday's elections, a lively debate has erupted into the open over whether conservatives and the Republican Party were well-served by their favorite media outlets.
Former Gov. Mitt Romney was reported to have been so certain of a victory on Tuesday night that he cast aside tradition and did not draft a concession speech. But conservatives now say his misplaced confidence — and theirs — were bolstered by the predictions of many like-minded pundits, which were broadcast and posted online around the clock by sympathetic news outlets.
Many veterans aren't just looking for a job; they're looking for a career, a calling and, of course, financial stability. Those recently separated from the military have to confront what is still a fairly weak civilian job market.
Titan, the new supercomputer at the Oak Ridge National Laboratory in Tennessee, has been crowned the fastest in the world. It can clock 17.59 petaflops (quadrillions of calculations per second). Audie Cornish talks to Steve Henn for more.
Originally published on Mon November 12, 2012 5:11 am
Beginning next summer, federal rules will require pilots to have six times more flight time to get hired, and will then also require airlines to give pilots more rest between flights. This will increase the number of pilots airlines need, just as thousands of senior pilots reach the mandatory retirement age of 65.
And our last word in business today is: "Brown Sugar."
We know Mick Jagger was the man who wrote the lyrics behind dozens of hit songs by the Rolling Stones, but especially given those songs, it's something of a surprise that he could compose a sweet love letter. One of his many lovers - and thought to be the inspiration behind the song "Brown Sugar" - has those letters and is making them public, for a price.
It's MORNING EDITION from NPR News. I'm Renee Montagne.
With the election settled, Washington, Wall Street and much of the rest world, it seems, are focused on whether Congress and a reelected president can avoid the fiscal cliff. To tell us what's at stake, we turn now to David Wessel. He's the economics editor of The Wall Street Journal and author of "Red Ink," a new primer on the federal budget and the deficit.
A second term means some new Cabinet appointments for President Obama, including at the Treasury. After four pretty grueling years, Secretary Timothy Geithner has made it clear he will be leaving Washington.
White House press secretary Jay Carney said last week that Geithner would be staying on through the inauguration. He's also expected to be a "key participant" in "fiscal cliff" negotiations.
In Spain, new austerity measures mean higher sales tax on everything from beer and wine to clothing and movie tickets. But in Bescanó, a small town in the country's northeast, the local theater director has come up with a rather creative way to get around a new 21 percent tax on tickets for plays at his theater –- by selling carrots instead.
Among the difficult decisions facing President Obama is whether to give the go-ahead for the controversial Keystone XL oil pipeline, which would bring oil from Canada down to refineries in the Gulf of Mexico.
Environmentalists want it blocked. They are concerned about endangering the Nebraska sand hills, under which is the largest aquifer in the country. It provides drinking water and irrigation water for several states.
Nickelback. The name itself is musical shorthand for everything music aficionados love to hate about modern rock.
But with more than 50 million record sales worldwide and a lead singer who earns $10 million a year, the band is laughing all the way to the bank — as reporter Ben Paynter describes in Bloomberg Businessweek Magazine.
Men look at mobile phones at the Adjame market in Abidjan, Ivory Coast. The market for mobile telephones in developing countries has grown quickly, and now Facebook and Google are trying to get users to use the Internet on their devices.
Originally published on Sat November 10, 2012 10:47 am
The chances are slim that a person living in poverty in a developing nation has access to the Internet on a computer. It's expensive and, in some places, there's a lack of infrastructure to support it.
The chances are better, though, that that person owns a cellphone. It's probably not an iPhone or an Android, and he or she probably hasn't purchased a data plan for it, but it has the ability to access the Internet.
Google believes that this category of cellphone user is the future of its expansion.
Cabbie John Crowood's traditional London taxi was one among hordes as he began trundling through the city's streets with so many other benevolent black beetles more than 30 years ago.
Today, he's one of a dwindling band. Crowood says that the only company that makes the classic retro London cab had to recall 400 of its newest vehicles after a mechanical defect was found, leaving hundreds of his fellow cabbies unable to ply their trade.
Originally published on Fri November 9, 2012 5:16 pm
Lockheed Martin announced that its board of directors asked for the resignation of Christopher E. Kubasik, 51, the current chief operating officer and incoming chief executive office.
"Kubasik, previously slated to become CEO in January, resigned after an ethics investigation confirmed that he had a close personal relationship with a subordinate employee," Lockeheed said in a statement. "His actions violated the company's Code of Ethics and Business Conduct, but did not affect the company's operational or financial performance."
Speaker Boehner also said he wants to work with the president to keep them from going over the fiscal cliff - higher taxes and spending cuts that take effect at the end of the year. The Congressional Budget Office warns of a new recession if Congress doesn't make changes. NPR's Scott Horsley has our daily look at the bottom line.