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NPR Story
3:00 am
Wed April 11, 2012

What Would The Buffett Rule Mean For The U.S. Economy

President Obama makes a case for the tax proposal dubbed the "Buffett rule" Tuesday at Florida Atlantic University in Boca Raton, Fla.
Marc Serota Getty Images

A tax-the-rich proposal named after Warren Buffett has little chance of passing this year, but that hasn't stopped the debate over what impact it would have.

Some economists are skeptical that a 30 percent minimum tax on people with million-dollar incomes — known as the "Buffett rule" — would do much to reduce the deficit or boost the economy. But the Obama administration says the proposal is necessary to make the tax code more equitable.

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NPR Story
3:00 am
Wed April 11, 2012

Competition Heats Up To Head World Bank

The World Bank is expected to announce its new president in the next several days. For the past six decades, the bank has been led by an American. President Obama has already nominated Dartmouth College President Jim Yong Kim for the job. But for the first time in its more than 60-year history, there is serious international competition for the job.

Business
3:00 am
Wed April 11, 2012

The Last Word In Business

Officials in San Gabriel Valley set up a quarantine zone after a lemon tree was found infected with citrus disease. That disease almost wiped out Florida's citrus crop a few years back.

Music
1:53 pm
Tue April 10, 2012

Don't Try THIS Ultimate Workout At Home

Luci "Steel" Romberg is a stuntwoman and one of the world's top female freerunners.
Chad Bonanno Courtesy of LuciRomberg.com

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Europe
6:44 am
Tue April 10, 2012

Sarkozy Bans Cheese Course At Presidential Palace

The chef at the presidential palace recently revealed that Nicolas Sarkozy has said no to the cheese course after meals. He doesn't drink, so no wine for him either.

Around the Nation
6:26 am
Tue April 10, 2012

18 Year Old Runs For Honolulu City Council Seat

If E.J. Delacruz, 18, were elected, he would be the youngest person ever to hold political office in Hawaii. Not that it will be easy. A state representative is running for the same job, which also has an incumbent seeking re-election.

Around the Nation
3:00 am
Tue April 10, 2012

1921 Riot Reveals Tulsa's History Of Race Relations

Originally published on Tue April 10, 2012 5:31 am

Transcript

STEVE INSKEEP, HOST:

Police are still investigating whether the Tulsa shootings were racially motivated. We do know some of Tulsa's history. It has a difficult history of race relations, including a riot in 1921 that left scores, if not hundreds, of people dead.

Scott Ellsworth has studied that event closely. He's a Tulsa native who now teaches African-American history at the University of Michigan. He's on the line from Michigan Radio.

Welcome to the program.

SCOTT ELLSWORTH: Thank you very much.

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Business
3:00 am
Tue April 10, 2012

For $1.1 Billion, Facebook Snaps Up Instagram

Transcript

STEVE INSKEEP, HOST:

Facebook likes Instagram. That's the top of our business news.

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INSKEEP: And they did more than just click the little thumbs up. Facebook is buying the photo application Instagram and the price is higher than it has ever paid for an acquisition - $1 billion; this for a company with only around a dozen employees. As somebody joked yesterday, why didn't they just download it?

As NPR's Laura Sydell reports, some analysts say the purchase is a defensive move.

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Business
3:00 am
Tue April 10, 2012

Microsoft To Buy Patents From AOL For $1.1 Billion

Transcript

RENEE MONTAGNE, HOST:

Moving on to another billion dollar tech deal, Microsoft has agreed to pay AOL over $1 billion for hundreds of patents. Microsoft outbid several rivals, including Amazon and eBay, in a deal which saw AOL's stock price jump by over 40 percent. The over 800 patents include internet search, email and customized advertising and are seen as a push by Microsoft into the lucrative smartphone and tablet market.

Business
3:00 am
Tue April 10, 2012

Machine Evens Sushi-Making Playing Field

Originally published on Tue April 10, 2012 6:18 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business today: sushi bot.

It's where raw fish and robots meet up. More specifically, it's a cutting-edge, sushi-making machine. A company called Suzumo introduced a prototype at a food expo in Tokyo last week.

(SOUNDBITE OF MUSIC)

UNIDENTIFIED ANNOUNCER: It is true that a skilled chef has trained for a long time. However, with Suzumo sushi-making machines, everyone can make stable-quality sushi very easily.

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