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Monday, November 19, 2012

The Past And Future Of America's Biggest Retailers

This is among the first Target stores. The company now operates 1,782 stores across the United States.

November 19, 2012 Wal-Mart, Target and Kmart all celebrate their 50th year of business this year. They were born after prohibitions against volume discounts and set prices broke down. Now the giant chains face one of their biggest challenges — evolving in the Internet age.

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On Morning EditionPlaylist

It's All Politics

In Fiscal Cliff Talks, Higher Taxes Vs. Closing Loopholes

President Obama, accompanied by House Speaker John Boehner of Ohio, speaks to reporters at the White House on Friday during a meeting to discuss the fiscal cliff.

November 19, 2012 The White House and Congress continue to work on a deal that avoids the fiscal cliff and cuts deficits in the long run. President Obama wants to raise tax rates for the wealthy. Republicans want to raise revenue by closing loopholes and limiting deductions for high-income people. But could that raise enough money?

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On Morning EditionPlaylist

The Salt

At Burmese Dissident's Cafe, A Taste Of Politics And Salad

Myat Thu, who owns the Aiya restaurant, takes a break at the bar with his chef Ney Minn. They both grew up in the Burmese capital, Rangoon.

November 19, 2012 Myat Thu knew early that he was destined as a cook to make salads. His restaurant on the Thai side of the border with Myanmar specializes in Burmese salads. Thu has been cautiously watching Myanmar's political change, hoping to go home one day.

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On Morning EditionPlaylist

Sunday, November 18, 2012

Tesla Revived The Electric Car, But Can It Sell It?

Tesla workers cheer on the first Tesla Model S cars sold during a rally at the Tesla factory in Fremont, Calif., in June.

November 18, 2012 Electric automaker Tesla's new Model S has received a lot of praise from the automotive press for breaking the stigma on electric cars. The challenge for the young, Silicon Valley company is to see if it can get non-car enthusiasts to get behind the wheel.

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On Weekend Edition SundayPlaylist

Friday, November 16, 2012

The Salt

EPA Says Its Ethanol Rules Aren't Driving Up Food Prices

A sign on the pump advertises the ethanol content of the gasoline as a motorist reaches for the gas pump in his truck at a filling station in Bellmead, Texas.

November 16, 2012 The Environmental Protection Agency says it won't waive a law that requires much of the nation's corn to be refined into ethanol and blended into gasoline. Meat producers say this will drive up food prices, but the EPA says the "ethanol mandate" isn't at fault.

Summary

The Two-Way

FHA Announces Moves Designed To Avoid Taxpayer Bailout

HUD Secretary Shaun Donovan in May of 2012.

November 16, 2012 An audit found that the agency is on pace to run out of money by September. The Obama administration, however, announced a series of steps to increase revenue.

Summary

Planet Money

Hidden Housing Subsidy May Soon Come Out Of Hiding

FHA loans

November 16, 2012 A program that backed lots of mortgages during the housing bust may soon need taxpayer money to make good on its promises.

Summary

The Two-Way

East German Political Prisoners Made Some Of Its Products, IKEA Admits

An IKEA store in Lille, France.

November 16, 2012 "We are deeply sorry that this could happen," company spokeswoman Jeanette Skjelmose says. The Swedish furniture giant says some of its representatives were aware of what was happening. The work was done during the Cold War.

Summary

The Two-Way

No More Twinkies? Hostess Brands Is Shutting Down

Stock up now.

November 16, 2012 Already in bankruptcy protection, the company has also been dealing with a nationwide strike. It says it can't go on. So 18,500 jobs are being eliminated. And some iconic taste treats may soon be scarce.

Summary

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