Originally published on Thu January 3, 2013 12:32 pm
Gina Bianchini speaks during a conference in Palm Desert, Calif., in 2010. She is founder of Mightybell, a company she hopes will unlock social media's power by helping small groups organize easily and quickly in the real world.
Looking up: Traders on the floor of the New York Stock Exchange earlier today.
Credit Spencer Platt / Getty Images
Though more big battles lie ahead in Washington, Wall Street is following the lead of financial markets around the world in giving a thumbs-up to the deal that kept the federal government from going completely over the so-called fiscal cliff.
And our last word in business might make you hungry. It's crispity, crunchity Butterfinger, as in the peanut butter and chocolate candy bar, which designated the year 2013 as its 90-ish birthday.
STEVE INSKEEP, HOST:
That's 90-ish because, while there is a trademark document that dates back to 1928, the company believes the candy bar was first promoted in 1923. So, you know, 85, 90, 90-ish is what the people at Nestle settled on as Butterfinger's official age.
This is MORNING EDITION from NPR News. Good morning, I'm David Greene.
STEVE INSKEEP, HOST:
And I'm Steve Inskeep.
Let's talk about everything that was left out of the fiscal cliff compromise approved by Congress yesterday. The measure does raise taxes for the wealthy and preserve tax cuts for others, and extend unemployment insurance again, among other things. But it left a huge amount of fighting for the New Year.
Let's begin NPR's business news with some fiscal deal details.
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GREENE: You might remember over the holiday season, we delved into some of the tax credit lawmakers were considering changing as part of a deal to avoid the fiscal cliff. We called it our 12 Days of Deductions.
Let's turn now to a developing story in Alaska. A crew is trying to get aboard a massive oil drilling rig that ran aground in the Gulf of Alaska. Workers have already been evacuated and there is no risk of an oil spill here, but the rig is carrying thousands of gallons of diesel fuel. The rig is a key component of Shell Oil's controversial efforts to explore for oil in the Arctic Ocean, and joining us now with the latest on the situation in Alaska is NPR science correspondent Richard Harris.