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Tax Evaders Beware! Money's Getting Harder To Hide

The U.S. government has been tightening the screws on Americans who hide money in offshore accounts, putting pressure on overseas banks, and joining forces with European and Japanese regulators. One effort, an amnesty program for unreported account holders, has brought in $5 billion in back taxes and penalties.
NPR

As Starbucks Adopts 'Square' Payments, Will Other Merchants Follow?

You could soon pay for a latte at Starbucks simply by walking into the store with a smartphone in your pocket and giving the cashier your name. Square, a San Francisco-based payments startup unveiled a deal Wednesday with the world's largest coffee chain that will move its mobile payments products into Starbucks stores around the world.
NPR

Rogue Condoms Appear In Olympic Village; Organizers Take Action

It should come as no surprise that Olympics organizers take brand endorsements and official suppliers very seriously. And that extends beyond logos on shorts and shoes — up to, and including, condoms. That's right, the Olympics has an "official" condom — and organizers want to know how a bucket of rogue condoms reached the Olympic Village.
NPR

Chevron Fire May Lead To Higher Calif. Gas Prices

A fire at a Chevron oil refinery near San Francisco will likely push up gasoline prices in California. The state has strict environmental rules that require a special blend of gas for motorists, so it's not as simple as merely importing gas from other states.
NPR

U.S., Europe May Take Economic Action

There's apparently a feeling that the U.S. and Europe are poised to make moves that will help the global economy. Investors are betting the Federal Reserve will launch new stimulus action. They're also betting some decisive action will be taken soon to reign in the fiscal crisis in Europe.
NPR

Britain To Get 24-Hour James Bond Channel

British broadcaster BSkyB is launching the channel for the month of October to mark the 50th anniversary of the Bond franchise. The first movie to be shown in high definition will be the 1962 film, Dr. No.
NPR

Natural Gas Giant Tries To Shift Gears

Chesapeake Energy is still a leader in America's "fracking"-fueled natural gas boom, but low natural gas prices are making the company less profitable. Now the company is selling some of its assets and shifting more of its efforts into oil and other energy sectors to try to boost its bottom line.

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