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Sanctions On Iran Effect Ordinary Iranians Psyche

European Union countries are considering a ban on importing Iranian oil. That debate follows new U.S. sanctions against Iran's central bank. Writer Hooman Majd, who has recently returned from Tehran, tells Steve Inskeep that Iranians are concerned about their economy.

Barnes & Noble Explores Separating Nook Business

Barnes & Noble's stock took a tumble Thursday after the bookseller announced that it is thinking about separating its Nook e-readers from the rest of its business. Separation could be a good thing if it just means the tablet business will be independently managed.

December's Jobless Rate Expected To Tick Higher

The Labor Department comes out with its latest unemployment report Friday morning. Analysts expect 15,000 jobs were created. But they also forecast that December's jobless rate will edge higher from 8.6 percent to 8.7 percent. A separate survey on private sector hiring showed strong gains in December.

The Race To Dig Deeper Ports For Bigger Cargo Ships

Many environmental concerns are starting to surface as East Coast cities plan to dredge their ports — like in Miami, where engineers would drill for two years to deepen Biscayne Bay's limestone bottom. But like many cities, Miami wants business from new cargo ships from the Panama Canal.

Pentagon Announces New Military Strategy

Thursday, the Pentagon announced its new strategy for dealing with threats around the world. The goal is to use the new blueprint to guide difficult budget choices in the coming years. The new document is released as the U.S. winds down two long wars — in Iraq and Afghanistan — and embarks on a period of defense budget cuts.

GM Tries To Quiet Concerns About Chevy Volt

General Motors is scrambling to quiet concerns about fire dangers involving its high-profile electric hybrid car, the Chevy Volt. GM is asking Volt owners to bring in their hybrid electric cars for what it calls "enhancements."

Yahoo Taps PayPal President To Be Its New CEO

Scott Thompson, 54, has a tough job waiting for him at Yahoo. The company has been struggling to find its way as Google, Apple and Facebook surge ahead. Yahoo fired Carol Bartz as its CEO in September after losing patience with her attempts to turn around the company.

Boeing To Close Wichita Defense Plant

Residents of Wichita, Kansas, are outraged after Boeing announced Wednesday that it will close a massive defense plant there. More than 2,000 highly skilled jobs will be gone by the end of next year. The announcement sparked considerable frustration among elected officials who had been lead to believe that more Boeing jobs were on the way to Wichita.

Quakes Jeopardize Ohio City's Economic Recovery

There is a natural gas drilling boom going on in Youngstown, Ohio. But a series of earthquakes there has renewed focus on activities like drilling and mining that are known to cause earthquakes. Now people in the area are weighing safety over economic growth.