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Study: Some Groups Prepare Texting Over Talking

The Pew Research Center has released a new survey on text messaging. It says the vast majority of Americans now own cell phones, and the vast majority of them use text messages. People between the age of 18 and 24 send, on average, about 110 messages per day.
NPR

Obama Proposes Higher Tax Revenue To Curb Deficit

President Obama's call for $1.5 trillion in tax hikes to reduce the deficit puts him on a collision course with congressional Republicans. Some of Democratic supporters may welcome Obama's newly combative negotiating style, but deficit watchdogs warn his plan falls short in key areas.
NPR

In Need Of Cash, Spain Auctions Airports, Lottery

Spain is struggling to cope with its national debt. So the socialist government is auctioning off state assets like airports and the national lottery to generate much-needed cash and avoid a European bailout.
NPR

Will Sony's Tablet S Delight Customers?

The Japanese company Sony has had a tough year. It's endured a string of attacks from hackers, earthquake damage and lower earnings and profits. Now the company has released a new product: Tablet S. David Greene talks to Bloomberg tech columnist Rich Jaroslovsky about what the success of the computer tablet would mean for the one-time king of consumer electronics.
NPR

Tata's Jaguar Land Rover Unit To Build Plant In U.K.

British carmaker Jaguar Land Rover has announced it is investing more than $500 million in a new British plant to build fuel-efficient, four-cylinder engines. And the company's Indian owner Tata Motors says it plans to pour more than $2 billion a year into Jaguar Land Rover over the next five years.
NPR

Entrepreneurs Emerge As Cuba Loosens Control

In communist Cuba, thousands of small private businesses have cropped up since the government eased its control of the economy. But entrepreneurs still face limitations, like restrictions on advertising.
NPR

Does Buffett Rule Add Up For Obama Deficit Plan?

The president's proposal targets the superrich that billionaire investor Warren Buffett says should pay more in taxes. Buffett points out that he pays a lower rate than his secretary. Some economists argue, however, that high tax rates won't be enough to fix the deficit.

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