Thu July 17, 2014

U.S. Firms Beat Corporate Taxes By Moving Their Headquarters Abroad

Originally published on Thu July 17, 2014 11:09 am



We're joined now by David Wessel with the Brookings Institution. He's also a contributor to the Wall Street Journal. Good morning.

DAVID WESSEL: Good morning, Renee.

MONTAGNE: Now, American corporations have been complaining about the tax code for decades. Why are we seeing more companies looking at moving overseas now?

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Wed July 16, 2014

Lotteries Take In Billions, Often Attract The Poor

Originally published on Wed July 16, 2014 10:13 pm

A customer holds his Mega Millions lottery ticket at Tobacco Plus in Muncie, Ind. Researchers say lotteries often draw low-income gamblers who are on welfare.
Darron Cummings AP

Santo Domingo Liquors in Lawrence, Mass., has two cash registers. But sometimes only the lottery register has a line.

Elizabeth Correia, eight months pregnant, is running that register with her mother — her family owns the store.

"We do this seven days a week. Seven days a week. My mom, sometimes she'll do it open to closing," Correia says.

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Wed July 16, 2014
The Two-Way

U.S. Sanctions Major Russian Banks And Energy Companies

Originally published on Thu July 17, 2014 8:18 am

Ukrainian Prime Minister Arseniy Yatsenyuk visits forces stationed near the small city of Izyum on Wednesday.
Sergey Bobok AFP/Getty Images

President Obama outlined a new package of sanctions against Russian firms and individuals on Wednesday.

"These sanctions are significant but also targeted," Obama said. "Russia will see that its actions in Ukraine have consequences."

The administration targeted large banks, as well as energy and defense firms. The sanctions stopped short of covering entire sectors of the Russian economy.

Obama said they were designed to inflict pain on Russia without harming U.S. companies or the nation's allies.

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Wed July 16, 2014
All Tech Considered

Visa Makes Big Move To Boost Consumer Spending Online

Originally published on Fri July 18, 2014 11:28 am

Visa Checkout will store customers' credit card numbers and billing addresses once without their having to re-enter the information each time they shop online.

Here's an experience many of us have had: You're shopping on your smartphone. You click on the shoes or books you want. But then, when you get to the shopping cart, you abandon ship.

Visa says that's a big problem for retailers. On Wednesday, the credit card company announced it's rolling out a brand new system designed to get us to spend more money online.

One Password, Many Tokens

Visa is actually trying to fix two problems with one swipe.

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Wed July 16, 2014

Time Warner Rebuffs Rupert Murdoch's Big-Dollar Bid For Media Giant

Originally published on Wed July 16, 2014 8:02 pm



From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.


And I'm Robert Siegel. There are few media companies bigger than 21st Century Fox and Time Warner. And today came reports of a possible merger that would create a huge new empire. If Rupert Murdoch's 21st Century Fox bought Time Warner, all of these media brands could have the same owner. (SOUNDBITE OF TV SHOW, "THE SIMPSONS")

UNIDENTIFIED SINGER: (Singing) The Simpsons...


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Wed July 16, 2014
All Tech Considered

Don't Fire The Comcast Guy, Says Caller Who Tried To Cancel

Originally published on Thu July 17, 2014 5:12 pm

We don't know the fate of the Comcast service rep at the center of a viral call recording.

Ryan Block, whose hilariously tedious customer service experience with Comcast struck a chord with millions, says the customer service rep who harangued him should not be fired.

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Wed July 16, 2014
Goats and Soda

Move Over Hong Kong: The World's Priciest Cities Are In Angola And Chad

Originally published on Wed July 16, 2014 1:23 pm

Photos of Luanda, Angola, tell a tale of two cities: sprawling poor neighborhoods and a glitzy waterfront.
Saul Loeb/Getty Images; Michael Gottschalk/Getty Images

Ask someone to guess the world's two most expensive cities and it's a safe bet that the capitals of Chad and Angola — two of Africa's more impoverished nations — won't leap to mind. Geneva, perhaps, the home of Rolex watches, or one of those moneyed Asian capitals — Hong Kong, Shanghai, Singapore or Tokyo — or maybe, if you're thinking Nordically, somewhere in Scandinavia, somewhere like, say, Oslo, where a beer in a pub can famously set you back $15.

But Luanda? N'djamena?

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Wed July 16, 2014

Murdoch Says His Bid For Rival Time Warner Was Rejected

Rupert Murdoch's 21st Century Fox confirmed that it made an offer to buy the owner of HBO, Warner Bros., TBS and CNN but got shot down.


Wed July 16, 2014
The Two-Way

Murdoch Confirms A Spurned Bid For Time Warner

Originally published on Wed July 16, 2014 10:43 am

Rupert Murdoch's 21st Century Fox says it sought to buy Time Warner last month, confirming reports of a deal that would have reshaped America's media landscape. The offered price, which Time Warner rejected, was reportedly $80 billion.

The deal would have put HBO, CNN and other Time Warner properties under the same corporate umbrella as Fox News, a situation that The New York Times said would have forced the sale of CNN.

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Wed July 16, 2014
The Two-Way

EEOC Announces Tougher Rules Protecting Pregnant Workers

Originally published on Wed July 16, 2014 10:32 am

The Equal Employment Opportunity Commission's new guidance states that employers who allow parental leave must provide it to men and women equally.
Yuri Arcurs iStockphoto

Discrimination against female workers who might get pregnant in the future, or have been pregnant in the past, is against the law, the Equal Employment Opportunity Commission said this week. For the first time in 30 years, the agency has updated its rules against pregnancy discrimination.

The agency clarified several policies, including one that spells out when businesses may have to provide pregnant workers light duty and another that bans employers from forcing a pregnant worker to take leave even in cases when she's able to continue on the job.

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