Business & Education

Economy
5:32 pm
Thu December 18, 2014

Opportunity, Caution Seen For U.S. Banks As Cuba Rules Ease

President Obama announces changes to U.S. policy on Cuba, including relaxing restrictions on U.S. banking in the country, in Washington, D.C. on Wednesday.
Doug Mills / Pool EPA/Landov

Among the changes to U.S. restrictions on Cuba President Obama announced Wednesday was a relaxation of the rules barring U.S. banks from doing business there.

Americans traveling in Cuba will now be able to use their credit cards and ATM cards, but many U.S. banks see the new rules as something of a legal minefield.

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Movies
5:32 pm
Thu December 18, 2014

Risky Comedies Could Be In Jeopardy After 'Interview' Is Pulled

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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AUDIE CORNISH, HOST:

Last month's cyberattack on Sony pictures is now a national security matter. U.S. intelligence officials believe North Korea is behind the incident and today the White House said it's taking hacking attacks seriously.

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Energy
5:32 pm
Thu December 18, 2014

No Fracking In New York? That's OK With Pennsylvania

Leslie Roeder of New York City cheers outside New York Gov. Andrew Cuomo's office on Wednesday after the state announced a ban on hydraulic fracturing.
Andrew Kelly Reuters/Landov

Originally published on Fri December 19, 2014 10:23 am

Pennsylvania's fracking boom has led to record-breaking natural gas production, but its neighbor, New York, announced Wednesday it was banning the practice. Industry and environmental groups say New York's decision could be good for Pennsylvania.

New York's ban comes six years after the state placed a temporary moratorium on fracking to study the gas drilling technique. Now, officials question fracking's economic benefits and cite environmental risks.

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The Salt
4:36 pm
Thu December 18, 2014

What The Change In U.S.-Cuba Relations Might Mean For Food

Sugar, coffee, fruit juice for babies, oil and salt inside a market subsidized by the government in Havana on July 11, 2013.
Enrique De La Osa Reuters/Landov

Originally published on Fri December 19, 2014 7:14 am

It took a few hours for some Cubans to realize the magnitude of President Obama's announcement on Wednesday about changes in the relationship between the U.S. and Cuba, according to Cuban blogger Yoani Sánchez.

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Business
3:53 pm
Thu December 18, 2014

How Much Will The Hack Cost Sony?

Originally published on Fri December 19, 2014 3:22 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Business
3:53 pm
Thu December 18, 2014

New Popularity Of L.L. Bean Boots Sparks Scramble To Fill Orders

A surge in popularity of L.L. Bean boots has the Maine company scrambling to fill orders.
Murray Carpenter NPR

Originally published on Thu December 18, 2014 5:32 pm

L.L. Bean's iconic rubber and leather boots — long worn by practical and preppie New Englanders — have swung back into fashion with young people and are more popular than ever.

The recent surge in demand has the company scrambling to fill orders, upgrading its manufacturing equipment and adding a third shift at its Maine boot factories.

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Goats and Soda
2:56 pm
Thu December 18, 2014

And The Award For Most Offensive Fundraising Video Goes To ...

The "Rusty Radiator" award for most offensive or stereotypical portrayal of the developing world in a fundraising video went to Feed a Child South Africa.
Feed a Child South Africa

Originally published on Fri December 19, 2014 1:34 pm

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The Two-Way
2:02 pm
Thu December 18, 2014

White House Says Any Response To Sony Attack Needs To Be 'Proportional'

Originally published on Thu December 18, 2014 2:26 pm

The White House says the devastating cyber attack on Sony Pictures was done with "malicious intent" and was initiated by a "sophisticated actor" but it would not say if that actor was North Korea.

Spokesman Josh Earnest says the matter is still under investigation.

"Regardless of who is found to be responsible for this, the president considers it to be a serious national security matter," Earnest says.

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The Two-Way
9:17 am
Thu December 18, 2014

Putin: Sanctions, Falling Oil Prices Causing Ruble's Tumble

Russian President Vladimir Putin at his annual news conference in Moscow on Thursday, where he blamed Western sanctions and falling oil prices for his country's economic troubles.
Pavel Golovkin AP

Originally published on Thu December 18, 2014 7:32 pm

Russian President Vladimir Putin lashed out at the West in a year-end news conference today, blaming international sanctions and a steep plunge in oil prices for the precipitous drop in the value of the ruble.

Putin, speaking during a more than three-hour news conference attended by some 1,200 journalists, "promised never to let the West chain or defang his proud nation," according to The Associated Press.

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NPR Story
4:11 am
Thu December 18, 2014

Rapprochement With Cuba: What It Includes And Excludes

Originally published on Thu December 18, 2014 11:31 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

DAVID GREENE, HOST:

OK, that report came to us from NPR's Lourdes Garcia-Navarro, and she's on the line with us still this morning. Hi, Lourdes.

LOURDES GARCIA-NAVARRO, BYLINE: Hi.

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All Tech Considered
2:46 am
Thu December 18, 2014

With Sony Hack, Nation-State Attacks Go From Quiet To Overt

Originally published on Mon December 22, 2014 10:02 am

NPR has confirmed from U.S. intelligence officials that North Korea was centrally involved with the recent attacks against Sony Pictures. And the company says it is pulling its comedy film The Interview from the box office. It was supposed to debut on Christmas. These are major developments in what we may now call cyberwarfare.

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National Security
8:07 pm
Wed December 17, 2014

The U.S. Says North Korea Ordered The Sony Hack. How Do We Respond?

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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MELISSA BLOCK, HOST:

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Movies
5:26 pm
Wed December 17, 2014

Sony Cancels Theatrical Release Of 'The Interview'

Originally published on Wed December 17, 2014 8:07 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business & Education
4:16 pm
Wed December 17, 2014

UA President to leave post, return to teaching

BIRMINGHAM, Ala. (AP) — The first female president of the University of Alabama is stepping down. The university released a statement from President Judy Bonner on Wednesday saying she will leave office no later than Sept. 30, 2015. Bonner says she wants to return to the classroom. She plans to take a yearlong sabbatical and resume teaching in fall 2016. Bonner says she's announcing her departure early to allow time for trustees to begin a search for her replacement next month. Bonner was selected as the first woman to permanently serve as president of the Tuscaloosa campus two years ago.

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The Salt
3:53 pm
Wed December 17, 2014

Japan's Butter Shortage Whips Its Cake Makers Into A Frenzy

A customer picks up a block of butter at a food store in Tokyo on Nov. 10. Japanese shoppers are up in arms over a serious butter shortage that has forced Tokyo to resort to emergency imports, as some grocers limit sales to one block per customer.
Yoshikazu Tsuno AFP/Getty Images

Originally published on Thu December 18, 2014 10:21 am

We are well into the Christmas season, and if you live in Japan, that means sponge cake.

The traditional Japanese Christmas dish is served with strawberries and cream, and it is rich, thanks to lots and lots of butter. But the Japanese have been using even more butter for their Christmas cakes this year, exacerbating what was already a national butter shortage.

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