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Maryland Comptroller: Online Shopping 'Unpatriotic'

Peter Franchot, Maryland state comptroller, called on state residents to support local businesses instead of giving in to the temptation of online shopping, which skirts state sales taxes.

NPR

Economy Is Growing At A 'Measured Pace,' Federal Reserve Says

The central bank says conditions continued to improve, though not dramatically, in recent weeks. The report adds to other evidence that the economy is moving along fast enough to keep unemployment from rising, but not fast enough to bring the jobless rate down sharply.
NPR

EPA Temporarily Halts New Federal Contracts For BP

The federal agency cited BP's "lack of business integrity" in dealing with the 2010 Gulf oil spill. The London-based oil giant agreed to plead guilty to criminal misconduct in the case and also agreed to pay a record $4 billion in penalties.
NPR

New Home Sales Dipped A Bit In October, But Were Well Above Year Before

Though the pace dipped 0.3 percent from September to October, it was up 17.2 percent from September 2011. It's another sign that the housing sector is on the mend, though growth has been somewhat uneven.
NPR

Mine Disaster Probe Leads To Conspiracy Charges Against Former Executive

David C. Hughart, former president of a Massey Energy subsidiary, is pleading guilty. The charges relate to a corporate culture that investigators say contributed to the nation's worst mine disaster in 40 years. Twenty nine miners died at one of Massey's West Virginia mines in a 2010 explosion.
NPR

Online Businesses See Cyber Monday Sales Jump

The Monday after Thanksgiving is known as Cyber Monday because of all the online shopping deals that are offered up. And this year, online retailers had a field day. A survey by IBM of 500 online businesses found sales jumped 30 percent over last year, as millions of people went online to get their fix of holiday gadgets.
NPR

HP Mired In Messy Allegations

Hewlett Packard says it is doing an "intense internal investigation" into its disastrous acquisition of the British software company Autonomy. HP claims it was deceived by Autonomy about the health of the firm's finances. The deal is causing HP to take an $8.8 billion charge against earnings. Autonomy's former CEO has challenged HP to spell out any improprieties it's found.
NPR

As Battery Demand Falls, Can Energizer Keep Going?

Lithium battery sales have fallen dramatically in recent years, as people adopt more and more rechargeable devices. The decreasing need for the batteries has prompted Energizer to close three U.S. plants, including one in northern Vermont.

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