Business | WAMU 88.5 - American University Radio

Business

RSS Feed
NPR

Consumer Spending, Orders For Durable Goods Rose In November

The increases add to signs that the economy continues to rebound from the 2007-09 recession and the slow recovery that followed.
NPR

Plug Pulled On 'Plan B,' House Breaks For Christmas

House Speaker John Boehner was dealt a major defeat Thursday night. After spending most of the week trying to round up votes for his "Plan B" to extend tax cuts for virtually everyone, he pulled the measure without a vote. The clock keeps ticking toward the end of the year, when automatic tax increases and spending cuts are set to hit.
NPR

Yes Virginia, There Is A Smartphone-Controlled Toilet

A Japanese company recently announced it has such a device. Using a smartphone app, you can flush without touching the handle. You can also raise and lower the seat, and there are built-in speakers.
NPR

Limiting Home Mortgage Deduction Would Raise Revenue

Morning Edition's series, "Twelve Days of Tax Deductions," zeroes in on some of the tax breaks that lawmakers are grappling with as they try to avoid the "fiscal cliff." The home mortgage interest tax deduction is one of the biggest breaks in the tax code.
NPR

Long Island Power Authority Faces Commission

Following Superstorm Sandy hundreds of thousands of people on Long Island went weeks without power. Elected officials blamed the Long Island Power Authority — calling it in need of federal take over. Thursday night, executives for the utility finally answered questions from investigators who are preparing a report on how to overhaul the utility business in New York.
NPR

Bernie Madoff's Brother Is Headed To Prison

A federal judge sentenced Peter Madoff to the maximum sentence, 10 years, after he pleaded guilty to charges including conspiracy.
NPR

Moscovites Window-Shop At GUM For Holiday Ideas

The up-scale mall on Red Square is called GUM. It's in the former state-run department store, a Soviet-era monument that was once famous for long lines and unsmiling service. It's been turned into a glittering showplace for high-end foreign brands that most Russians can only look at.

Pages