NPR Story
4:52 am
Wed January 25, 2012

Tax Returns Show Romney's Complicated Fiances

Republican presidential candidate Mitt Romney earned more than $42 million over the past two years — the bulk of it from an array of stocks and investment funds. And he paid about 15 percent of what he made in taxes. The release of some 500 pages of tax returns give a much fuller picture of how he made his money and what he did with it.

Politics
4:50 am
Wed January 25, 2012

Mixed Evidence Of Obama's Post-Partisan Presidency

Originally published on Wed January 25, 2012 6:20 am

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION, from NPR News. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Good morning.

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Africa
4:41 am
Wed January 25, 2012

U.S. Raid Frees American, Dane Held In Somalia

U.S. military forces helicoptered into Somalia in a raid Wednesday and freed two hostages. An American and a Dane had been kidnapped two months ago.

Africa
4:36 am
Wed January 25, 2012

Egyptians Look Back On 1 Year Since The Revolution

It was year ago Wednesday that Egyptians first rose against then President Hosni Mubarak in a tour de force that drove him from power. A lot has changed for Egyptians this past year. They elected their first free parliament in six decades. And Islamists, long banned by Mubarak, are now the country's main political force.

It's All Politics
4:00 am
Wed January 25, 2012

Obama, At Crossroads, Takes Different Route Than Clinton Chose In '96

In the final State of the Union address of his term, President Obama called for an economy "where everyone gets a fair shot."
Brendan Smialowski Getty Images

Originally published on Wed January 25, 2012 2:24 pm

As the president delivered the final State of the Union address of his term before a looming re-election battle, he looked out at a sea of angry and skeptical Republicans who had fought him on budgets, government shutdowns, and whether or not to raise the nation's debt ceiling.

And what did President Bill Clinton do in 1996?

He delivered his "the era of big government is over" speech, which The Washington Post summed up this way: "Clinton Embraced GOP Themes in Setting Agenda."

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Business
2:00 am
Wed January 25, 2012

Japan Details First Trade Deficit Since 1980

Originally published on Wed January 25, 2012 6:20 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a turning point for Japan.

(SOUNDBITE OF MUSIC)

MONTAGNE: Tokyo today reported Japan's first trade deficit since 1980. For the last three decades, Japan has exported so many goods to the world, it's run trade surpluses. But last year, Japan imported more than it exported - $32 billion more. The shift in fortunes comes after last year's earthquake and tsunami and nuclear power plant shutdowns.

From Tokyo, Lucy Craft has more.

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Business
2:00 am
Wed January 25, 2012

Federal Reserve To Publish Interest-Rate Projections

Originally published on Wed January 25, 2012 4:21 pm

Transcript

RENEE MONTAGNE, HOST:

And today, the Federal Reserve is taking another step in its stated intention to become more transparent. The committee that sets interest rates ends a two-day meeting, and its usual post-meeting announcement will have some unusual information.

For a hint of what we're to learn, we called David Wessel; he's economics editor of the Wall Street Journal. Good morning.

DAVID WESSEL: Good morning.

MONTAGNE: So what is the Fed going to announce today that's so remarkable?

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Business
2:00 am
Wed January 25, 2012

Business News

The company earned $13.1 billion in the quarter ended Dec. 31, a record. Sales of iPads were also up — soaring 111 percent from the same quarter a year earlier.

Politics
2:00 am
Wed January 25, 2012

Members Of Congress React To Obama's Speech

Originally published on Wed January 25, 2012 6:20 am

Transcript

STEVE INSKEEP, HOST:

Though millions of Americans watched the televised speech, the president's ostensible audience was right in front of him - Congress. His relations with many Republican lawmakers are icy at best. And even his alliances with Democrats had been put under stress at times in the past year.

The lawmakers' responses to the speech ranged from predictable to somewhat surprised. NPR's Andrea Seabrook listened to lawmakers after the speech.

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Business
2:00 am
Wed January 25, 2012

The Last Word In Business

Vancouver, Canada, is laying claim to the most expensive hot dog in the world. Chef Dougie Luv of DougieDog Hot Dogs starts serving his $100 Dragon Dog Wednesday. The hot dog features a foot-long bratwurst which is infused with 100-year-old Louis XIII cognac. That cognac costs more than $2,000 a bottle.

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