Business

5:08am

Wed December 19, 2012
Business

Day 8 Of 12 Days Of Tax Deductions

Originally published on Thu December 20, 2012 5:44 am

Transcript

DAVID GREENE, HOST:

Now, as we reach the peak of the holidays, let us not forget one of the most significant days of all - New Year's Eve. It's also the end of the tax year.

STEVE INSKEEP, HOST:

Many rules are set to expire and other may change as Congress and the president negotiate over tax laws, which is why we are explaining what the rules are in our 12 Days of Tax Deductions.

(SOUNDBITE OF SONG, "12 DAYS OF CHRISTMAS")

INSKEEP: Today's tax break is a big one, the state and local income tax deduction.

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6:07pm

Tue December 18, 2012
All Tech Considered

The Day Instagram Almost Lost Its Innocence

Originally published on Thu December 20, 2012 3:16 pm

Instagram was the target of a storm of outrage on Twitter and other sites after the company announced a change in its user agreement that hinted that it might use shared photos in ads.
Karly Domb Sadof AP

The wildly popular photo-sharing site Instagram nearly caused a user revolt when it revamped its terms of service and privacy policy to suggest it could allow uploaded photos to be used in ads without users' permission.

The change — which was posted in dense legalese on its website Monday — sparked users to vow to stop posting their color-filtered, tilt-shifted photos to Instagram.

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5:08pm

Tue December 18, 2012
Shootings In Newtown, Conn.

Private Equity Group Withdraws Stake In Gun Company After Newtown Shootings

Originally published on Thu December 20, 2012 3:16 pm

Transcript

ROBERT SIEGEL, HOST:

It's ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

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5:02pm

Tue December 18, 2012
Shootings In Newtown, Conn.

Investors, Retailers Shy Away From Guns; Will It Last?

Originally published on Tue December 18, 2012 5:19 pm

Rifles are displayed for sale at a gun shop in Aurora, Colo., in July. Gun makers are feeling isolated by changing public attitudes.
Alex Brandon AP

It's a nervous time for companies that make and sell guns.

On Tuesday, Cerberus Capital Management, a private equity firm, announced it was selling its stake in Freedom Group, maker of the American Bushmaster AR-15 rifle, which was used in the Newtown killings last Friday, along with other brands such as Remington.

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2:35pm

Tue December 18, 2012
The Two-Way

Coal May Pass Oil As World's No. 1 Energy Source By 2017, Study Says

Originally published on Mon March 25, 2013 2:49 pm

China and India are projected to propel coal's challenge of oil as the world's top energy source within the next five years, according to a new study. Here, a man rides a bicycle toward a coal-fired power station in China's Guangdong province last year.
Mark Ralston AFP/Getty Images

Despite a slowdown in U.S. consumption, coal is poised to replace oil as the world's top energy source — possibly in the next five years, according to the International Energy Agency. The rise will be driven almost entirely by new energy demands in China and India, the IEA says.

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12:47pm

Tue December 18, 2012
The Two-Way

Investment Firm Selling Stakes In Gun Makers

Originally published on Tue December 18, 2012 1:12 pm

Freedom Group

The issue of gun control appears to have moved into business and finance. One of the largest private equity companies in the country is terminating its relationship with a firearms corporation associated with one of the weapons used in the Newtown school shooting.

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5:31am

Tue December 18, 2012
Business

Business News

Originally published on Tue December 18, 2012 6:54 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with pressure to sell.

(SOUNDBITE OF MUSIC)

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5:31am

Tue December 18, 2012
Business

The Last Word In Business

Originally published on Tue December 18, 2012 7:00 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.

5:31am

Tue December 18, 2012
Business

The Latest On 'Fiscal Cliff' Talks

Originally published on Tue December 18, 2012 6:40 am

President Obama and House Speaker John Boehner met in person again Monday to discuss a budget deal that would undo the massive tax hikes and spending cuts set to take effect Jan. 1. The Republican leader has offered to increase tax rates on people who make over $1 million. The president has responded with a counteroffer.

5:31am

Tue December 18, 2012
Business

'Fiscal Cliff' Interferes With Year-End Tax Plans

Originally published on Tue December 18, 2012 7:12 am

David Greene talks to tax expert Mary Beth Franklin about year-end tax moves to benefit your personal balance sheet. Franklin is a tax planner and contributing editor to Investment News.

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