Originally published on Tue July 31, 2012 10:26 am
Pokerstars, an online gambling site, says that it has reached a deal with the U.S. Department of Justice in which it has agreed pay the government $547 million over three years, part of which will be used to reimburse customers of the site Full Tilt Poker.
In December, Congress is poised for another showdown on the deficit and taxes. If Congress doesn't act, 2013 will mark the end to Bush-era tax cuts that have been in place for a dozen years, and the beginning of automatic cuts to domestic and defense programs that would total $1.2 trillion over 10 years. The Congressional Budget Office says the combination of higher taxes and deep spending cuts could create a 4 percent reduction in economic output, a number big enough to throw the country into another recession.
A dozen years ago, if someone told me that one of the liveliest, most inventive party albums of the year would come from a band originally associated with wedding celebrations and beer festivals, I would have been all, "Yeah, sure, you bet." If it was further explained that the band's roots were much closer to polka than rock, funk or hip-hop, I would have responded, "Don't push it." But nowadays, I'm familiar with the Boban i Marko Markovic Orkestar, whose retrospective Golden Horns will lighten the heart and lift the feet as surely as anything you'll hear in 2012.
The controversy surrounding Chick-fil-A has left some consumers wondering whether they should eat there or not. Ahead of "Chick-fil-A Appreciation Day" host Michel Martin speaks with ethicist Jack Marshall about the implications of spending decisions and what role businesses and political leaders have to play.
I'm Michel Martin, and this is TELL ME MORE, from NPR News. As the world watches Olympic athletes go for the gold, we decided to check in with some dedicated sports moms about how parents can encourage their kids in sports without becoming, you know, those people. That's later in the program.
Originally published on Tue July 31, 2012 10:40 am
After a weeklong international trip took the focus off of Bain Capital and taxes, the Mitt Romney campaign may be ready to take the focus off of its international trip.
On Tuesday, Romney wrapped up his three-nation tour with a speech in Poland, while back home, his campaign announced a new app to keep track of the running mate selection process: "The historic announcement is getting closer," said campaign adviser Beth Myers.
Missy Franklin couldn't contain herself — in the pool, on the medals stand and at her first gold medal news conference — after a dramatic finish in the 100 meter Olympic backstroke Monday night in London.
It wasn't an easy race. Out front and pulling hard with her graceful but powerful strokes, Emily Seebohm of Australia led in the last 50 meters, with the American Franklin a few strokes back.