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D.C. Inks $33M Tax Deal With LivingSocial

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The website LivingSocial is known for saving people money, but the company is set to receive it's own deal — courtesy of District taxpayers. The D.C. Council unanimously approved a bill to save the daily-deal company LivingSocial nearly $33 million in taxes. In return, the company will pledge to keep its headquarters in D.C. and make sure that half of its new hires are District residents.

The Gray administration has pushed hard to attract technology companies to D.C., and often points to LivingSocial as a prime example of D.C.'s tech-friendly environment.

But critics of the deal, such as the DC Fiscal Policy Institute, question whether the city is giving too much away. The group says city leaders should have pushed harder for clawbacks, or penalties in the deal, in case Living Social doesn't hold up its end of the bargain.

A second and final vote on the measure is set for next month.

NPR

Writer James Alan McPherson, Winner Of Pulitzer, MacArthur And Guggenheim, Dies At 72

McPherson, the first African-American to win the Pulitzer Prize for fiction, has died at 72. His work explored the intersection of white and black lives with deftness, subtlety and wry humor.
NPR

Oyster Archaeology: Ancient Trash Holds Clues To Sustainable Harvesting

Modern-day oyster populations in the Chesapeake are dwindling, but a multi-millennia archaeological survey shows that wasn't always the case. Native Americans harvested the shellfish sustainably.

WAMU 88.5

Your Turn: Ronald Reagan's Shooter, Freddie Gray Verdicts And More

Have opinions about the Democratic National Convention, or the verdicts from the Freddie Gray cases? It's your turn to talk.

NPR

Writing Data Onto Single Atoms, Scientists Store The Longest Text Yet

With atomic memory technology, little patterns of atoms can be arranged to represent English characters, fitting the content of more than a billion books onto the surface of a stamp.

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