Conventional wisdom says e-books are destroying the traditional publishing business model. But the story's not that simple. For one thing, flexible pricing allows publishers to hold what amount to one-day-only sales on any given title — which means more people will discover that book.
The company that makes BlackBerry, Research in Motion, had only 5 percent of the global smartphone market in 2012. That's down from 11 percent the year before, according to the market research firm IHS iSuppli. Also in the 5 percent club: Nokia and HTC.
President Obama returns to Washington Thursday as do members of the U.S. Senate. They're cutting holiday plans short in hopes of coming up with a deal to avoid the tax hikes and budget cuts set to take effect on Jan. 1.
The Federal Reserve continued to keep its foot on the accelerator in 2012, using unusual tactics to try to boost economic growth. But economists disagree about whether the Fed's policies were effective or whether the inflation risks outweighed the rewards.
A plaintiffs' attorney says Toyota Motor Corp. has reached a settlement exceeding $1 billion in a class-action lawsuit involving complaints of unintended acceleration in its vehicles. Robert Siegel talks with NPR's Sonari Glinton about the deal, which still needs a judge's approval.
Owners of Toyota vehicles that experienced sudden and unintended acceleration have reached a settlement requiring the carmaker to pay as much as $1.4 billion in claims. A judge will review the proposal Friday.
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