Your Money
3:09 am
Sun December 9, 2012

Fiscal Cliff Leaves Accountants Hanging, Too

With major tax changes still undecided, accountants and other financial professionals must advise their clients on various possible scenarios.
iStockphoto.com

Originally published on Sun December 9, 2012 12:53 pm

The expiration of Bush-era tax cuts. A patch to the alternative minimum tax. An increase in capital gains taxes.

As the "fiscal cliff" approaches, all of these are possible, but none certain. That uncertainty solicits many questions from anxious taxpayers. But, for accountants and financial planners, there are a few definitive answers.

Financial professionals who spoke with NPR say they are not strangers to uncertainty. When the Bush tax cuts were up for expiration two years ago, for instance, the feeling was similar.

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World
3:06 am
Sun December 9, 2012

Spain's Economic Woes Take A Toll On The Media

El Pais journalists demonstrate outside the newspaper's headquarters in Madrid last month.
Dominique Faget AFP/Getty Images

Originally published on Mon December 10, 2012 8:53 am

Three years of euro-zone recession have badly hurt Spain's media sector, where some 8,500 journalists have lost their jobs. Dozens of newspapers have closed and the remaining publications are sharply cutting back as ads plummet.

That's led to warnings from journalists, who see a threat to press freedom at a time when Spaniards want to understand why their financial stability is unraveling.

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It's All Politics
1:53 am
Sun December 9, 2012

Add This Group To Obama's Winning Coalition: 'Religiously Unaffiliated'

President Obama walks with his daughters Sasha, foreground, and Malia as they leave St. John's Episcopal Church in Washington, on Oct. 28. An analysis of exit polls shows that those who claim no specific religious affiliation were a key Obama voting bloc in the presidential race.
Jacquelyn Martin AP

The big demographic story out of the 2012 presidential election may have been President Obama's domination of the Hispanic vote, and rightfully so.

But as we close the book on the election, it bears noting that another less obvious bloc of key swing state voters helped the president win a second term.

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Europe
1:33 am
Sun December 9, 2012

Greek Hospitals Suffer In Ailing Economy

A hand-painted banner decrying drastic cuts to the health care budget is draped on the main entrance of the Regional Hospital of Serres in northern Greece.
Joanna Kakissis for NPR

Originally published on Sun December 9, 2012 12:36 pm

The economic crisis in Greece is strangling the country's hospitals, where budgets have been slashed by more than half. As a result, nearly all doctors in both public and private hospitals have seen their pay cut, delayed or even frozen.

"On top of that, we lack basic supplies to do our jobs," says Vangelis Papamichalis, a neurologist at the Regional Hospital of Serres in northern Greece and a member of the doctors union here. "We run out of surgical gloves, syringes, vials for blood samples and needles to sew stitches, among other things."

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Business
4:03 pm
Sat December 8, 2012

Not Just Patriotic, U.S. Manufacturing May Be Smart

General Electric's Appliance Park has been in Louisville, Ky., since 1951. But it's putting new power behind its U.S. production.
General Electric Co.

Originally published on Sat December 8, 2012 6:12 pm

  • As Heard On Weekends On 'All Things Considered'

The advantages to making products in the U.S. are starting to stack up — and companies are taking notice. Among them are Apple, which announced Thursday it plans to start producing some of its Mac computers here instead of in China, and General Electric, which is making big investments at home.

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Business
3:04 pm
Sat December 8, 2012

Hoodie Company Put U.S. Manufacturing In Style

Originally published on Sat December 8, 2012 4:51 pm

Transcript

GUY RAZ, HOST:

It's WEEKENDS on ALL THINGS CONSIDERED from NPR News. I'm Guy Raz.

We're talking about the small but significant trend called insourcing, manufacturing things here in the U.S. Earlier this year, Bayard Winthrop opened up a sweatshirt and hoodie business in San Francisco, and he called it American Giant. He's got 10 people in the front office and up to 150 workers in a factory where his entire line, soup to nuts, is made in America.

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Middle East
3:04 pm
Sat December 8, 2012

Egypt Remains Electrified In Protests

Originally published on Sat December 8, 2012 4:51 pm

Transcript

GUY RAZ, HOST:

In a startling move, Egyptian President Mohammed Morsi appears to have reversed a controversial presidential decree that granted him extraordinary powers and launched weeks of protest. NPR's Soraya Sarhaddi Nelson is in Cairo. She's covering that story and joins us now. And, Soraya, tell us what's going on.

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Chris Connelly is a reporter with the UC Berkeley Graduate School of Journalism.

The Two-Way
1:36 pm
Sat December 8, 2012

Why This Video Makes This Editor Think Clinton Will Run In 2016

Secretary of State Hillary Clinton watches a video about her public life that was played before she addressed the Saban Forum in Washington last week.
Mary Calvert Reuters /Landov

Originally published on Mon December 10, 2012 4:45 am

There's an event held every year in Washington known as the Saban Forum — named for Haim Saban, the Israeli-American media mogul who funds it. It's a night of elbow-rubbing between D.C. and Middle East political leadership, though foreign dignitaries are mostly Israeli.

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Superstorm Sandy: Before, During And Beyond
12:49 pm
Sat December 8, 2012

Next Post-Sandy Challenge: The Sea Of Damaged Cars

Abandoned and flooded cars sit in the Rockaway neighborhood of Queens, N.Y., on Nov. 2. It's estimated that it could cost auto insurers $800 million to deal with all the claims from the storm.
Spencer Platt Getty Images

Originally published on Sat December 8, 2012 7:40 pm

Hurricane Sandy wrecked hundreds of thousands of cars all along the New York and New Jersey shorelines, and could cost auto insurers around $800 million. That's not their only problem; disposing of these water-damaged vehicles is not so simple.

If you have comprehensive coverage on a damaged car, the insurance company gives you a check and the car disappears from your life. But then what?

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