Business

5:15am

Wed November 27, 2013
Energy

Drilling For Oil, Based On The Bible: Do Oil And Religion Mix?

Originally published on Wed November 27, 2013 12:44 pm

John Brown, the head of Zion Oil & Gas, believes the Bible will help him find oil in Israel. The company, which is listed on Nasdaq, has so far spent $130 million and drilled four dry holes. Brown is shown here at one of the company's drilling rigs in Israel.
Courtesy of Zion Oil

They say an oilman has to be a gambler, but can he be a prophet?

Zion Oil & Gas, based in Dallas, is a publicly traded company that believes it is commanded by the Bible to search for oil in Israel, both to help the Holy Land and make money for investors. The 22 employees of Zion Oil in Texas and Israel, and many of its 30,000 investors, believe the company is on a mission from God.

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5:15am

Wed November 27, 2013
Business

The Last Word In Business

David Greene and Linda Wertheimer have the Last Word in business.

3:24am

Wed November 27, 2013
Business

How Shopping Malls Are Adapting In An Online World

Originally published on Wed November 27, 2013 11:49 am

Traditional shopping malls took a big hit after the economic collapse. Problems at big retailers Sears and J.C. Penney — two of the biggest mall tenants — could signal even more troubles.

But malls are trying to adapt. As online shopping grows, things are getting more and more competitive out in the real world of brick-and-mortar retail.

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3:21am

Wed November 27, 2013
Parallels

Israel Dreams Of A Future As An Oil Producer

Originally published on Sun December 1, 2013 8:51 am

Givot Olam CEO Tovia Luskin expects to drill 40 wells and build a pipeline to a refinery on the coast. The company already has "proven and probable" reserves of 12.5 million barrels of oil. Luskin chose where to drill based on a passage from the Bible.
Emily Harris/ NPR

There's an old joke that if Moses had turned right when he led Jewish tribes out of Egypt, Israel might be where Saudi Arabia is today — and be rich from oil. Consultant Amit Mor of Eco Energy says that joke is out of date.

"Israel has more oil than Saudi Arabia," he claims. "And it's not a joke."

But that oil will be difficult to reach, if it can be recovered at all. The oil he's talking about is not yet liquid but is trapped in rocks underground.

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3:20am

Wed November 27, 2013
Shots - Health News

To Changing Landscape, Add Private Health Care Exchanges

Originally published on Wed November 27, 2013 11:30 am

www.delightimages.com iStockphoto

We've been reporting a lot lately on the troubled rollout of President Obama's signature health care law. But at the same time, there are rumblings of a major shift in the way companies offer private health insurance to workers.

It involves what are called "private health care exchanges." These are similar to — but completely separate from — the public exchanges you've heard so much about.

Some experts say this new approach soon could change how millions of Americans receive their health care.

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5:56pm

Tue November 26, 2013
Business

The Stock Market Loves The Fed For Now, But Can It Last?

Originally published on Tue November 26, 2013 6:32 pm

The Dow Jones industrial average closed above 16,000 for the first time last week.
Spencer Platt Getty Images

Major stock indexes have shot to record highs in the U.S. this year, gaining more than 20 percent, and yet economic growth remains at disappointing levels. A lot of analysts believe the stimulus efforts by the Federal Reserve are behind the stock boom and a possible bubble.

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4:51pm

Tue November 26, 2013
Media

CBS Puts Lara Logan On Leave After Review Of Flawed Benghazi Report

Originally published on Wed November 27, 2013 8:42 am

Transcript

AUDIE CORNISH, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

An internal review of a report that aired on CBS' "60 Minutes" about the attack on the U.S. consulate in Benghazi, Libya, reached damning conclusions. Now, Laura Logan, the CBS correspondent who reported that story, and her producer are taking leaves of absence at management's request.

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4:51pm

Tue November 26, 2013
Media

Report: Humane Association Covered Up Animal Abuse On Hollywood Sets

Originally published on Tue November 26, 2013 5:56 pm

An investigation by The Hollywood Reporter alleges that the American Humane Association has tried to cover up instances of animal abuse and deaths on Hollywood sets. Melissa Block talks with Gary Baum, a senior writer for the magazine who reported the story.

2:44pm

Tue November 26, 2013
The Two-Way

After Internal Review On Benghazi Report, CBS Puts Logan On Leave

Originally published on Wed November 27, 2013 9:09 am

CBS has asked 60 Minutes correspondent Lara Logan to take a leave of absence, along with her producer, after her recent story on the deadly 2012 attack on the U.S. Consulate in Benghazi, Libya, was found to have multiple flaws. An internal report also found broader failings in how the news division handled the story. A summary of the report's findings was obtained by NPR on Tuesday.

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12:48pm

Tue November 26, 2013
The Two-Way

Jury Orders Newegg To Pay $2.3 Million In 'Patent Troll' Case

Originally published on Tue November 26, 2013 5:47 pm

The online retailer Newegg has lost a patent case centering on Web encryption, after a Texas jury rejected its argument that a claim from the company TQP Development was invalid. The jury ordered Newegg to pay $2.3 million — less than half the damages TQP had sought.

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