Retail sales rose 0.5 percent in December from November, the Census Bureau says. That may be a sign that as 2012 ended consumers were still in a shopping mood even as lawmakers in Washington struggled to keep the federal government from going over the so-called fiscal cliff.
Originally published on Tue January 15, 2013 11:33 am
"Well — he did not --"
Just four words.
No one's sure what he meant.
But just the fact that Supreme Court Justice Clarence Thomas was heard saying them Monday is news. After all, the famously silent justice has not asked a question from the High Court's bench since Feb. 22, 2006.
Originally published on Tue January 15, 2013 9:34 am
Update at 8:10 a.m. ET. Confession Confirmed:
On CBS This Morning moments ago, Oprah Winfrey confirmed that Lance Armstrong admitted to her in an interview recorded Monday that he did use performance-enhancing drugs during a cycling career that included seven Tour de France victories (titles he has since been stripped of).
Britain's Observer newspaper ran a 2012 investment challenge pitting stockbrokers and wealth managers against Orlando. The calculating kitty chose stocks by batting a toy mouse onto a grid of options. The cat's portfolio came out ahead.
Good morning, I'm Steve Inskeep with a word from Clarence Thomas - we're just not exactly sure what it is. The Supreme Court justice had gone seven years without saying a word in oral arguments. Then yesterday, Justice Thomas spoke.
Several justices were talking at once, leaving his exact remark unclear. But a detailed contextual analysis by The New York Times suggests he told a joke, saying a law degree from Yale or Harvard might be proof of incompetence. He's a Yale grad.
Wal-Mart is expected to announce that it will hire every veteran who wants a job as part of a new program beginning on Memorial Day. The only requirements: that he or she left the military in the previous year and wasn't dishonorably discharged.
Originally published on Tue January 15, 2013 7:07 am
France has intervened in the conflict in the West African nation of Mali, but why does that conflict affect the United States? Defense Secretary Leon Panetta has offered the most basic take on America's interest in Maili: al-Qida is there.
Originally published on Tue January 15, 2013 7:18 am
A federal appeals court is considering a challenge to Maryland's handgun permit laws in the case of a man who sued after being denied a concealed carrry permit. At issue is whether Maryland can require people to prove a "good and substantial reason" to exercise a constitutional right.
Originally published on Tue January 15, 2013 6:43 am
After careening from back-to-back crises — recalls and the tsunami — Toyota is No. 1 in worldwide sales again. Toyota says it sold at least 9.7 million vehicles in 2012. General Motors reports it sold 9.3 million. Both companies say it doesn't really matter which one is in the top spot.
Originally published on Tue January 15, 2013 6:06 am
Banking regulators are telling JPMorgan Chase that it must take action to improve its risk analysis and money-laundering controls. The bank racked up a $6 billion trading loss last year. CEO Jamie Dimon cited managerial lapses and called the loss inexcusable.
Superstorm Sandy devastated the mostly below ground electric system that runs through the heart of Manhattan. What happens if Sandy is part of a new weather pattern? Con Edison, the utility that provides power to much of New York's five boroughs, is looking for ways to protect its aging infrastructure.
It's MORNING EDITION, from NPR News. I'm Renee Montagne.
STEVE INSKEEP, HOST:
And I'm Steve Inskeep. Good morning.
In a looming battle over the federal debt ceiling, Republicans in Congress insist they hold the cards. They do have the power to stop federal borrowing, withhold payment of federal debts and cause unknown damage to the world economy. Some want to use that power to force President Obama to reduce federal spending in the way they want.