Business

5:08am

Tue March 26, 2013
Business

Opposition Blocks Return-Free Tax Filing In U.S.

Originally published on Tue March 26, 2013 9:57 am

Transcript

DAVID GREENE, HOST:

Imagine a world with no tax returns.

(SOUNDBITE OF MUSIC)

GREENE: OK, it's just a fantasy. But actually, in some countries taxpayers can sign up to receive simply a bill. The government sends you a tax bill, you pay it and, voila, that's it.

Now, there was an effort to bring return-free filing to the United States, but that effort came up against stiff opposition. And to find out why, we called Liz Day of ProPublica. She's been digging into this issue.

Liz, thanks for joining us.

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3:27am

Tue March 26, 2013
Shots - Health News

Arkansas Medicaid Expansion Attracts Other States' Interest

Originally published on Tue March 26, 2013 9:57 am

Arkansas Gov. Mike Beebe speaks at a rally promoting the expansion of Medicaid in the state in front of the Capitol in Little Rock on March 7.
Danny Johnston AP

Since the Supreme Court made the Medicaid expansion under the federal health law optional last year, states' decisions have largely split along party lines. States run by Democrats have been opting in; states run by Republicans have mostly been saying no or holding back.

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3:25am

Tue March 26, 2013
Same-Sex Marriage And The Supreme Court

High Court's Decision On Federal Marriage Law Has Tax Implications

Originally published on Tue March 26, 2013 9:57 am

While equal rights occupy a large part of the debate over same-sex marriage, federal taxes are also a concern for gay couples. Experts say repealing the Defense of Marriage Act will affect some same-sex couples when they file their taxes.
iStockphoto.com

When advocates for gay marriage talk about it, they usually focus on the struggle for equality and civil rights.

But how the Supreme Court decides the Defense of Marriage Act case being argued this week could possibly have big implications in another arena — the money same-sex couples owe the Internal Revenue Service.

The case that could throw out a law that defines marriage as between a man and woman started with a tax bill.

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2:57pm

Mon March 25, 2013
The Two-Way

Goldman Cuts BlackBerry Rating After Stalled Smartphone Launch

Originally published on Mon March 25, 2013 3:06 pm

BlackBerry's Z10: "Disappointing" launch.
Kevork Djansezian Getty Images

Goldman Sachs on Monday downgraded BlackBerry after a disappointing launch for the company's new smartphone, the Z10.

The Wall Street Journal reports that Goldman slashed its investment rating on the Canada-based company — formerly known as Research in Motion, or RIM — to neutral from buy, citing weak support for the new product.

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10:55am

Mon March 25, 2013
The Two-Way

Ford Sorry For Mocked-up Ads In India Showing Bound And Gagged Women

Originally published on Mon March 25, 2013 11:33 am

The Ford Figo when it was introduced to India in 2009. A set of edgy illustrations about the car from Ford's ad agency in India have drawn fire.
Manan Vatsyayana AFP/Getty Images

Illustrations produced by an Indian ad agency showing scantily clad cartoon women bound, gagged and stuffed into the hatch of a Ford Figo have led both the car company and the ad agency's parent to issue apologies.

The images, according to FirstPost.Business, were "scam ads — ads that are created not to sell products and services, but to win awards at awards shows such as the Abby or at Cannes."

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10:27am

Mon March 25, 2013
The Two-Way

Russian Tycoon Berezovsky Reportedly Left No Suicide Note

Originally published on Mon March 25, 2013 6:58 pm

Berezovsky addresses the media outside a London court after losing his lawsuit against Roman Abramovich in August.
Warrick Page Getty Images

British police say exiled Russian oligarch Boris Berezovsky, whose body was found over the weekend, left no suicide note and that there was no evidence of third-party involvement in his death.

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8:32am

Mon March 25, 2013
The Two-Way

Cypriots Are Suspicious, But Bailout Deal Seems Set

Originally published on Mon March 25, 2013 6:01 pm

A Cypriot man held some coins in Nicosia on Sunday. He and others on the island nation were watching anxiously as world leaders put together a bailout package for Cypriot banks.
Katia Christodoulou EPA /LANDOV
  • From 'Morning Edition': Soraya Sarhaddi Nelson reports

The deal we posted about Sunday evening — a $13 billion bailout by international creditors for the beleaguered banking system on Cyprus — is being met with skepticism on that Mediterranean island nation.

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4:56am

Mon March 25, 2013
Europe

European Parliaments Next To Approve Cyprus Deal

Originally published on Mon March 25, 2013 8:34 am

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION, from NPR News. I'm Renee Montagne.

DAVID GREENE, HOST:

And I'm David Greene.

The tiny Mediterranean island of Cyprus was on the brink of bankruptcy. But at the last minute, European finance ministers approved a multibillion-dollar bailout for the country. The deal will keep the island's banking system from collapsing, but the country is far from out of the woods.

NPR's Soraya Sarhaddi Nelson begins our coverage from Berlin.

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4:47am

Mon March 25, 2013
Business

The Last Word In Business

Originally published on Mon March 25, 2013 8:34 am

Transcript

DAVID GREENE, HOST:

And our last word in business today is: highly illogical, captain.

Congress has rebuked the IRS for spending tens of thousands of dollars to film a "Star Trek" parody video.

(SOUNDBITE OF IRS VIDEO)

UNIDENTIFIED MAN: These are the voyagers of the Starship Enterprise Y. Its never-ending mission is to seek out new tax forms, to explore strange new regulations, to boldly go where no government employee has gone before.

RENEE MONTAGNE, HOST:

The video stars IRS workers and was shown at a conference in 2010.

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4:47am

Mon March 25, 2013
Business

Business News

Originally published on Tue March 26, 2013 11:18 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with Apple doing some shopping.

Apple has been trying to go head-to-head with Google to provide better mapping services. Apple's latest effort to do that has a price tag of $20 million. That's how much it paid for a small startup company called WiFiSLAM, which maps indoor settings. Think shopping malls and airports. Apple confirmed the purchase to The Wall Street Journal, but wouldn't discuss its plans. Transcript provided by NPR, Copyright NPR.

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