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Tuesday, February 05, 2013

Why Is It So Hard To Make A 100 Percent American Hand Dryer?

The Xlerator hand dryer is made almost entirely of American components and assembled in Massachusetts. But the company's owner says it's simply not cost-effective to use an American-made motor.

February 5, 2013 The Xlerator high-speed hand dryer is made almost entirely of U.S.-made parts and manufactured by a small workforce in Massachusetts. But its motor, like almost all nonindustrial motors, is made in Asia — meaning it's very difficult for small manufactured goods to be entirely American made.

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Economy To Slow This Year As The Government Tightens, CBO Says

February 5, 2013 The Congressional Budget Office expects 1.4 percent growth this year, down from 2.3 percent in 2012. The nation's unemployment rate will likely stay near 8 percent this year.

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Planet Money

When Companies Agree To Huge Penalties But Don't Admit Doing Anything Wrong

A gavel in a courtroom.

February 5, 2013 Companies have a powerful incentive to avoid admitting wrongdoing. But some powerful people are pushing back.

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The Two-Way

Dell Seals $24.2 Billion Buyout Deal; Founder Among Buyers

Dell is going private.

February 5, 2013 Michael Dell is in the group buying the computer maker. Analysts say the debt the company is taking on will be another challenge for Dell.

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Puerto Rico: A Disenchanted Island

One-Way Tickets To Florida: Puerto Ricans Escape Island Woes

Arlene Bonet settled in Orlando, Fla., after her Puerto Rico real estate business crashed. She's now working for a Puerto Rican cultural organization in Orlando, while her son and mother still live in her hometown, Cabo Rojo, Puerto Rico.

February 5, 2013 Life in Puerto Rico is tougher than ever. The U.S. territory — popularly known as "the island of enchantment" — faces a decaying economy and escalating violent crime rate. Many residents are leaving the island in record numbers and embracing the mainland as home.

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