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NPR Story
4:00 am
Fri January 27, 2012

Business News

Steve Inskeep has business news.

NPR Story
4:00 am
Fri January 27, 2012

EU Outlines Online Privacy Recommendations

Saturday is European Privacy and Data Protection Day, which will be marked by events across the European Union. It caps off an eventful week with Google announcing controversial new privacy policies, and the EU outlining tough new privacy recommendations it wants to make law.

NPR Story
4:00 am
Fri January 27, 2012

The Last Word In Business

Originally published on Fri January 27, 2012 10:04 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is say it ain't so - or actually, say it ain't Joe.

A Los Angeles restaurant famous for its nine cent cup of coffee is raising the price to 45 cents - 50 cents with the tax. Management at Philippe the Original told the L.A. Times they can no longer keep up with the cost of coffee. The family-run restaurant has been serving French dip sandwiches since 1908, along with eight-ounce mugs for less than a dime.

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Business
4:00 am
Fri January 27, 2012

How Do You Take Apart A Floating City

The crippled cruise ship off the coast of Italy needs to be removed from the area where it ran aground. Joel Farrell, president and founder of Resolve Marine has been salvaging vessels for more than 30 years. Renee Montagne asks him to explain how the half-submerged cruise ship can be salvaged.

It's All Politics
12:24 am
Fri January 27, 2012

Santorum: No Money, No Organization, No Quit

Rick Santorum may be running an anemic third in Republican presidential primary polls in Florida, but his influence in Tuesday's crucial Sunshine State contest – and perhaps beyond – continues to outpace his survey numbers.

His performance during Thursday's GOP debate in Jacksonville provided perhaps the best view yet of the former Pennsylvania senator's increasing potential to play spoiler (see: Mitt Romney) or savior (see: Mitt Romney), and to take his unlikely quest for the White House deeper into the primary season than anyone every predicted.

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Planet Money
12:01 am
Fri January 27, 2012

Jack Abramoff Explains The 'Lobbyist Safecracker Method'

Credit Dennis Cook / AP
Jack Abramoff in 2004. He's the one on the right.

Disgraced lobbyist Jack Abramoff has been making the rounds lately. He's out of prison. He has a new book. He's in a talkative mood. So I figured it was a good time to ask him about the business of lobbying — not about what he did that was illegal, but the ordinary, legal stuff.

The firm he worked for was called Greenberg Traurig. I chose a year at random when Abramoff was working there, and picked a client who I hoped would be fairly typical. I chose Tyco International, a multinational corporation that in 2003 gave Abramoff's firm $1.3 million.

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Latin America
12:01 am
Fri January 27, 2012

State-Of-The-Art Hospital Offers Hope For Haiti

Even before the devastating earthquake in 2010, Haiti's public health care system was perhaps the worst in the Western hemisphere. Then the quake knocked down clinics, killed medical workers and severely damaged the General Hospital in Port-au-Prince, the capital.

Now, Partners in Health, the Boston-based group, has set out to build a world-class teaching hospital in what used to be a rice field in the Haitian countryside.

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Business
12:01 am
Fri January 27, 2012

Other File-Sharing Sites: 'We're Not Megaupload'

A week has passed since the landing of an indictment that shut down the website Megaupload for copyright infringement and racketeering. But it seems like it's still easy for people like college student Bobby Azarbayejani to find whatever music he wants.

He's used Megaupload before, but since that site's gone he's using MediaFire. It's one of the many sites on the Internet where people share all types of files.

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Latin America
12:01 am
Fri January 27, 2012

Reading The Tea Leaves: Cuba's Communists Convene

Credit Javier Galeano / AP
Fidel Castro made a surprise appearance at the 6th Communist Party Congress in Havana, Cuba, held April 19, 2011. This weekend, the party will meet for the first time since then, and observers will be looking for insight into who may be on the ascendant in the party leadership.

In Cuba this weekend, President Raul Castro will preside over the first meeting of the island's all-powerful Communist Party since last April. Castro has lowered expectations for any new economic reform announcements, saying that internal party affairs will be the business at hand.

But many Cubans will be watching for signs of who is rising in the party's ranks — and who could take over after Raul and Fidel Castro, both in their 80s, are gone.

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It's All Politics
12:01 am
Fri January 27, 2012

In Florida, The Early Birds May Be The Deciders

Credit Alan Diaz / AP
Early voters cast ballots for the Republican primary in Miami on Monday.

From Pensacola to Miami, the Republican primary is in full swing. Newt Gingrich, Mitt Romney and Rick Santorum are blanketing the state with rallies and personal appearances. The airwaves are full of campaign ads.

But Jeanne Casserta has heard enough. With several days left to go in the campaign, she stopped by the library in Coral Springs this week to cast her vote. She said she's heard plenty from both the Romney and Gingrich campaigns.

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