Originally published on Sat December 21, 2013 10:55 am
Maybe it all started with ugly Christmas sweaters. Or with cheesy inflatable Santas. Or hideously inappropriate tree ornaments. But Christmastime – at least its visible trappings and accoutrements – seems to be getting tackier.
NPR's business news begins with some good news on the economic front.
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GREENE: The U.S. economy grew by 4.1 percent in the third quarter of the year, and that's significantly higher than the earlier projection of 3.6 percent. The upward revision comes mostly thanks to stronger consumer spending, and it is the fastest jump in growth in almost two years. Transcript provided by NPR, Copyright NPR.
Originally published on Fri December 20, 2013 12:44 pm
The history of the Chesapeake Bay oyster hasn't always been a pure one. So you could forgive a chef for being skeptical about the big bivalve comeback being staged in D.C. and the surrounding area this winter as oyster season gets underway.
But many mid-Atlantic chefs are actually cheering. That's because a major public-private effort to re-establish the oyster as a quality local food product — as well as a weapon against water pollution — seems to be working.
Confirming one of the week's less-secret secrets, the White House announced Friday morning that President Obama intends to nominate Sen. Max Baucus, D-Mont., to be the next ambassador to the People's Republic of China.
The 72-year-old Baucus has been in the Senate since 1978. He is chairman of the Senate Finance Committee.
Originally published on Fri December 20, 2013 2:09 pm
Politicians in the Dominican Republic have long courted Dominicans in the U.S. for votes. That relationship has strengthened in the past couple of years; in 2011, the Dominican government established seven representatives for its communities abroad.
And that influence means activism in the U.S. matters back on the island.
Originally published on Fri December 20, 2013 1:04 pm
Among the memorials to Nelson Mandela put up across India is a billboard in Tamil Nadu that features a photo of actor Morgan Freeman, not the iconic anti-apartheid hero from South Africa who died earlier this month.
There have been Ages of Innocence and Iron, of Jazz and Bronze and Ice. We've had Golden Ages of all kinds, though we note them less by experiencing them and more by debating whether they have started, whether they are over, and whether we will ever see their like again.
Originally published on Fri December 20, 2013 1:14 pm
The U.S. economy expanded at a 4.1 percent annual rate in the third quarter, a significantly faster pace than first thought and its strongest showing since the end of 2011, the Bureau of Economic Analysis said Friday.
After each quarter, the agency spends the next three months reporting and revising its figures on gross domestic product growth.
From the NPR Newscast: Julie Rovner on the latest changes to the health care program (with an introduction from Jean Cochran)
Word from the Obama administration that Americans who recently had their health insurance canceled will be allowed to buy "catastrophic policies" mostly intended for young adults has upset the insurance industry, NPR's Julie Rovner tells our Newscast desk.
With just a handful of prescriptions to his name, psychiatrist Ernest Bagner III was barely a blip in Medicare's vast drug program in 2009.
But the next year he churned them out at a furious rate — not just psychiatric drugs, but expensive pills for asthma, cholesterol, heartburn and blood clots.
By the end of 2010, Medicare had paid $3.8 million for Bagner's drugs — one of the highest tallies in the country. He added another $2.6 million the following year, records analyzed by ProPublica show.