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NPR

Colo. Tax Vote Pits Business Leaders Vs. Education

Colorado voters are deciding Tuesday whether to raise taxes to help fund schools. Proposition 103 is the nation's only statewide tax vote this November, and it's setting off a battle between business leaders worried about the economy and education interests saying the economy will never recover without well-funded schools. Kirk Siegler of member station KUNC reports that the measure is also seen as a barometer for the nation's mood on taxes.
NPR

MF Global A U.S. Casualty Of EU's Debt Crisis

MF Global, the securities firm run by former New Jersey Governor Jon Corzine, was forced to file for bankruptcy protection Monday. The company, at Corzine's urging, made big investments in European sovereign debt. Those bets turned out to be losers. Analysts don't believe MF Global is a harbinger of bad things to come. It was much more exposed to European debt than most U.S. financial companies. Zoe Chace reports for NPR's Planet Money.
NPR

Bela Lugosi's 'Dracula' Cape To Be Auctioned Off

The family of the actor best known for his role as Dracula in the 1931 film is parting with his cape. When he died in 1956, he was buried in costume — with a replica cape. He left the original with his son. Now it's going to be sold as part of an auction of Hollywood memorabilia. It's expected to get up to $2 million.
NPR

Motorola Mobility Announces Layoffs

Motorola Mobility is laying off 800 workers worldwide, according to a regulatory filing by the company. Once part of Motorola, the company spun off earlier this year into a separate, publicly traded company. It makes products for television, and mobile devices like the Droid Razor smartphone.
NPR

Eurozone Crisis Leads To American Firm's Bankruptcy

Europe's debt crisis claimed another victim Monday morning, and this time the casualty was an American firm. MF Global Holdings filed for bankruptcy after an unsuccessful effort to find a buyer for the ailing firm. MF Global is headed by Jon Corzine, the former governor of New Jersey, who reportedly bet on the direction of European bonds — and lost.

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