Business

3:59pm

Wed January 9, 2013
The Two-Way

Attacks On U.S. Banks' Websites Seen As Work Of Iran

Sophisticated hacking attacks on U.S. banks in recent months have distinctive qualities that are leading investigators to believe another nation may be behind the assault. The likely suspect is Iran, which officials believe may be trying to even the score for American hacking of its nuclear program.

At least nine U.S. financial institutions have been hit since September; more attacks are expected. And part of what makes them suspicious is that they seem calculated not to steal account data or money, but instead to disrupt the banking system.

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12:42pm

Wed January 9, 2013
The Two-Way

Kickstarter Pledges Topped $320 Million In 2012; Site Names Year's Top Projects

Originally published on Wed January 9, 2013 3:54 pm

The MaKey MaKey invention kit includes a plan for making a "banana piano," helping the Kickstarter project make it to the site's best-of-2012 list. Kickstarter says 2.2 million people pledged nearly $320 million in 2012.
Kickstarter

Kickstarter, the crowd-funding site that pairs indie-minded inventors and entrepreneurs with online investors, fully funded more than 18,000 projects in 2012, according to its end-of-year analysis. The site says that in total, more than 2.2 million people pledged a total of nearly $320 million. For the year, 17 projects raised more than $1 million.

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12:11pm

Wed January 9, 2013
The Salt

Kids Who Play Food Product Games May Eat More Junk Food

Originally published on Wed January 9, 2013 1:02 pm

Many popular food games for computers and devices like tablets are actually "advergames", created by food manufacturers to market their products to kids.
iStockphoto.com

Some kids can't get enough of online games where they can pretend to run a candy factory or decorate cakes. But children who play with these games may eat more, and eat more junk food, even if the game features fruit or other healthful choices, according to new research.

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11:53am

Wed January 9, 2013
Politics

Eyes Glazed? Cutting Through The Fiscal Talks

You might be feeling a bit hung over from all the 'fiscal cliff' negotiations. But the financial talks in Washington aren't over yet. In the coming months, the White House and Congress will face three major economic challenges. Host Michel Martin breaks down what you need to know for the next round of fiscal talks.

11:40am

Wed January 9, 2013
The Two-Way

Reports: Obama Has Settled On Jack Lew, His Chief Of Staff, For Treasury

Originally published on Thu January 10, 2013 6:46 am

Jack Lew, current White House chief of staff. He's likely to be the nominee for treasury secretary.
Jonathan Ernst Reuters /Landov

Update: At 6 a.m. ET. Jan. 10, White House Announcement:

The White House has officially confirmed that President Obama will nominate his chief of staff, Jacob "Jack" Lew, to be the next Treasury secretary. According to a statement, the announcement is scheduled for 1:30 p.m. ET today (Thursday).

NPR's Scott Horsley had more about the nomination on Morning Edition.

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8:10am

Wed January 9, 2013
The Two-Way

AIG Would Be 'Hard Pressed' To Join Lawsuit Over Its Federal Bailout

Originally published on Wed January 9, 2013 5:00 pm

Manhattan: The headquarters of American International Group Inc. (AIG).
Shen Hong Xinhua /Landov
  • From 'Morning Edition'

Update at 4:50 p.m. ET. AIG Board Confirms Its Stance:

AIG's board of directors say they've rejected calls by Starr International Company to contest part of the federal rescue of AIG in September of 2008.

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4:46am

Wed January 9, 2013
Business

Mississippi River Level Disrupts Supply Chain

Originally published on Wed January 9, 2013 6:26 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne. Good morning.

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4:46am

Wed January 9, 2013
Business

The Last Word In Business

Originally published on Wed January 9, 2013 7:03 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business today is Psyper Bowl.

(SOUNDBITE OF SONG, "GANGNAM STYLE")

PSY: Oppan Gangnam style. Gangnam style. Op op op op oppan Gangnam Style.

MONTAGNE: South Korean pop star Psy took YouTube by storm with the viral sensation "Gangnam Style." Now he's setting his sights on the Super Bowl.

STEVE INSKEEP, HOST:

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4:46am

Wed January 9, 2013
Business

Business News

Originally published on Wed January 9, 2013 6:51 am

Alcoa, the biggest aluminum producer in the U.S., has announced it posted a profit of more than $240 million in the last three months of 2012. That's a big improvement from the same quarter the year before when it lost $190 million.

4:46am

Wed January 9, 2013
Business

AIG Considers Joining Greenberg's Bailout Lawsuit

Originally published on Wed January 9, 2013 6:32 am

Insurance company AIG holds a board meeting Wednesday to consider joining former CEO Maurice "Hank" Greenberg's lawsuit against the government over its handling of the AIG bailout in 2008. For more on the suit, Steve Inskeep talks to business reporter Michael de la Merced of The New York Times.

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