Originally published on Tue December 18, 2012 5:00 am
McKenna Pope, 13, of New Jersey wanted to get an Easy Bake Oven for her little brother, but didn't want him thinking the purple and pink toy was just for girls. Forty-thousand signatures later, Hasbro has now shown McKenna a prototype of a new silver, blue and black oven. The company says the gender-neutral toy will be on shelves next summer.
As the "fiscal cliff" nears, Morning Edition evaluates some of the deductions and credits that are in the tax code. As part of our 12 Days of Tax Deductions, David Greene examines the Adoption Tax Credit, which supports families who adopt children from foster care, as well as infant and international adoptions.
Cyndy Aafedt (left) owns the El Rancho hotel in Williston, N.D. Jobs in town have been hard to fill. Her employee, Mary Joy Hardt (right), who is from the Philippines, is one of many people with J-1 visas helping to fill retail, hotel and restaurant job openings here.
Credit Meg Luther Lindholm for NPR
Kyle Pfifer works at a McDonald's in Williston, a job he got the same day he applied. He says he turned in his application, got lunch, "and I had a call before I was done eating, and I had a job."
The population boom in Williston, N.D., has been a blessing and a curse for many local businesses. Williston, the fastest growing small city in America, is enjoying an oil boom and has seen its population double in the past two years.
At the city's brand new McDonald's, manager Vern Brekhus struggles every day to maintain his staff of nearly 100 workers.
As a part of the series, "Why Not," Tell Me More is looking at policies that were once untouchable but now may be on the table. Today, NPR Correspondent Tamara Keith and Emory Law Professor Dorothy Brown dig into the pros-and-cons of raising taxes on capital gains and dividends.
Originally published on Mon December 17, 2012 5:41 am
When Apple launched it's iPhone 5 in China Friday, it sold more than 2 million phones in three days. It's great news for the company as there have been some concerns about Apple's long-term outlook and its stock has taken a hit in recent days.
Originally published on Mon December 17, 2012 5:46 am
A cleaning crew found the coins after the death of a reclusive man in Carson City, Nevada, earlier this year. When the man was found to have no relatives in the area, researchers followed the trail to a teacher in California. She just needs certification from a judge to claim the chunk of change.
David Greene talks to toy analyst Sean McGowan about Lego's new line for girls, gender-neutral Easy Bake Ovens and other gender issues facing the toy industry. McGowan is a senior analyst at Needham & Company.
Originally published on Mon December 17, 2012 5:05 am
There's still no budget deal to prevent the automatic spending cuts and tax increases scheduled to go into effect at the end of this year. There are some tax deductions, credits and other breaks lawmakers are weighing in this budget debate.
Fatima Jafari, owner of Bamboo Wood Industries, listens to a worker in her factory in Kabul, Afghanistan. Jafari is one of the few female entrepreneurs in an industrial trade in the country, despite international efforts to support women in business.
Originally published on Mon December 17, 2012 7:49 am
Behind a tall metal gate in a nondescript nook of Kabul sits the Bamboo Wood Industries factory. It's not a place you're likely to stumble across by accident. Inside, a handful of men are cutting, painting and assembling desks and cabinets. The pieces being made are chocolate brown and quite modern looking.
Sitting in a spartan, unheated office above the factory floor is Fatima Jafari, the owner of the company. The 30-something woman started the business a little over a year ago.
Originally published on Fri December 14, 2012 5:02 am
The bank UBS has been in the middle of a huge investigation into interest rate manipulation. There are several reports that a subsidiary of UBS is making a settlement deal with U.S., British and Swiss officials.
Originally published on Fri December 14, 2012 4:35 am
As the negotiations drag on, the lack of progress means the key players have necessarily taken to repeating themselves. Sometimes, word-for-word, as they describe how they have worked for a solution while their opponents have stonewalled.
The Consumer Price Index is one of the most familiar measures in economics and politics. But some in Washington want to change the way the index is calculated to better reflect people's shopping habits.
While the proposed change is described as a technical fix, it could also cut the federal deficit by hundreds of billions of dollars over the next decade.
The term "right to work" has been in the news a lot this week. On Tuesday, Michigan became the 24th state to enact right-to-work legislation. It means unions can no longer require workers to pay full dues, even if they're working in a union shop.
Originally published on Fri December 14, 2012 5:51 am
In an interview with David Greene, outgoing Securities and Exchange Commission Chairman Mary Schapiro reflects on her tenure at the agency, and the disappointment that she wasn't able to overhaul money market funds. She leaves the job on Friday.
Originally published on Fri December 14, 2012 4:47 am
It's time for another installment in Morning Edition's 12 Days of Tax Deductions — a check on some of the deductions, credits and tax breaks that could be on the chopping block as the government seeks to raise revenue and reduce debt.
Federal and state authorities have received criticism after deciding not to indict HSBC on accusations that it laundered money for Mexican drug cartels and conducted prohibited transactions on behalf of countries like Iran and Sudan. Instead, they entered into a $1.9 billion settlement this week with the bank.
There's no question that HSBC is a massive, sprawling operation. It markets itself as the world's local bank. But watchdogs of the banking industry say mere size should never insulate an organization from the law.
President Obama examines a K'NEX roller coaster on Nov. 30 at a Hatfield, Pa., factory that makes the toys. During the visit, Obama spoke about the economy, the middle class and his plan to raise taxes on top wage earners.