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Economy
2:54 am
Wed May 29, 2013

Once A Boon For Investors, House Flipping Is Back

This home in the Glassell Park neighborhood of Los Angeles was bought by Dossier Capital for $390,000, records show. It's now listed for more than $720,000.
Courtesy of Dossier Capital

Originally published on Wed May 29, 2013 10:47 am

House flipping is back.

A popular phenomenon during the housing boom, flipping is when a house is bought and sold within a six-month period. Flippers are real estate investors who buy houses, fix them up quickly and then resell them, making money off the renovation. In parts of California, it's happening at some of the fastest rates in a decade.

At a recent open house in Glassell Park, a neighborhood in northeast Los Angeles, curious buyers and neighbors streamed into a green stucco house that had just come onto the market.

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It's All Politics
2:52 am
Wed May 29, 2013

Political Battles Still Dog Redistricting In California

California Citizens Redistricting Commission members sign resolutions certifying the final vote for new legislative and congressional maps at the Capitol in Sacramento in 2011.
Rich Pedroncelli AP

Originally published on Wed May 29, 2013 10:47 am

In most states, the power to draw lines for political districts rests with legislators. In recent years, California voters have tried to make the process less political by taking it out of lawmakers' hands. But not everyone is happy with how things are turning out.

To understand redistricting in California, consider this: Over a 10-year period beginning in 2000, there were 255 congressional races, and only one seat — that's right, one seat — changed parties.

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Sweetness And Light
10:03 pm
Tue May 28, 2013

One More Swing: 'Casey At The Bat'

Paul Sancya AP

Originally published on Wed May 29, 2013 11:03 am

Frank Deford puts aside his gripes this week to pay tribute to the poem by Ernest Lawrence Thayer, first published in the San Francisco Examiner 125 years ago June 3.

The Outlook wasn't brilliant for the Mudville nine that day:
The score stood four to two, with but one inning more to play.
And then when Cooney died at first, and Barrows did the same,
A sickly silence fell upon the patrons of the game.

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The Two-Way
7:00 pm
Tue May 28, 2013

Head Of White House Economic Council To Step Down

Alan Krueger, Chairman of the White House Council of Economic Advisers, shown in November.
Jacquelyn Martin Associated Press

Originally published on Tue May 28, 2013 7:13 pm

Alan Krueger, the chairman of the President's Council of Economic Advisers, says he will step down to return to Princeton to resume his post as a professor of economics.

Krueger, who has served as CEA chairman for the past two years, will return to Princeton in time for the beginning of the fall term. The Associated Press quotes a source familiar with the situation as saying Jason Furman, who served in President Obama's 2008 campaign, will be tapped as a replacement.

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Environment
6:38 pm
Tue May 28, 2013

Gulf Coast States Get Creative With BP Oil Spill Money

Tourists watch as workers clean oil from the sand along a strip of oil that washed up on the beach in Gulf Shores, Ala., in 2010 after the Deepwater Horizon oil rig exploded off the Louisiana coast.
Dave Martin AP

Originally published on Wed May 29, 2013 11:29 am

Gulf Coast states are lining up to spend $1 billion from BP on coastal restoration. The money is part of BP's legal responsibility to restore the Gulf of Mexico's natural resources in the aftermath of the worst oil disaster in U.S. history.

But the nature of some of the state projects, including boat ramps and a beachfront hotel, is raising questions about just what counts as coastal restoration.

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Author Interviews
6:38 pm
Tue May 28, 2013

Novel Examines Afghanistan War From A Pakistani Perspective

The sun sets just east of Chaman, Pakistan, near the Afghan border, on Nov. 8, 2001.
Laura Rauch AP

Originally published on Wed May 29, 2013 8:43 am

Two young men — foster brothers in love with the same woman — leave their small Pakistani town for Afghanistan in late 2001. Jeo, a medical student, wants to help wounded civilians and Mikal is there to look after Jeo, but their good intentions aren't enough to keep them safe in an increasingly dangerous war zone.

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The Two-Way
5:42 pm
Tue May 28, 2013

VIDEO: Derailment Near Baltimore Causes Huge Explosion

Mark Paugh carries his 15-month-old son Ryan as they watch smoke from a train derailment in White Marsh, Md. on Tuesday.
Charles Dharapak AP

Originally published on Fri May 31, 2013 1:00 pm

The good news first: No deaths have been reported in a train derailment near Baltimore, Md., this afternoon.

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The Two-Way
5:25 pm
Tue May 28, 2013

Wal-Mart To Pay $81 Million For Hazardous Waste Dumping

A photo from earlier this month taken in front of a Wal-Mart store in La Habra, Calif.
Jae C. Hong Associated Press

Wal-Mart Stores has agreed to pay $81 million in penalties as part of a guilty plea on criminal charges of improperly disposing of hazardous waste in California and Missouri.

Prosecutors said the violations occurred between 2003 and 2005 and included employees negligently dumping pollutants from stores into sanitation drains.

The Associated Press reports that the plea agreements announced Tuesday "end a nearly decade-old investigation involving more than 20 prosecutors and 32 environmental groups."

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Law
5:15 pm
Tue May 28, 2013

Florida Judge Denies Delay To George Zimmerman Trial

Originally published on Wed May 29, 2013 8:43 am

Transcript

MELISSA BLOCK, HOST:

In Sanford, Florida, a state judge has ruled that George Zimmerman will go to trial as scheduled early next month. Zimmerman is the Neighborhood Watch volunteer who shot and killed teenager Treyvon Martin. His defense had asked for more time to prepare.

And that wasn't the only bad news for George Zimmerman today. The judge also prohibited his team from using in court several personal details from Martin's life, including evidence of drug use and trouble in school.

NPR's Greg Allen reports from Sanford.

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Fine Art
5:15 pm
Tue May 28, 2013

Proposal To Sell Detroit's Art To Save The City Draws Outrage

Originally published on Wed May 29, 2013 8:43 am

Transcript

ROBERT SIEGEL, HOST:

Perhaps you know what these artworks have in common: Van Gogh's "Portrait of the Postman Roulin," his ample beard falling in two symmetric lobes over the collar of his navy blue uniform; Brueghel the Elder's "Wedding Dance," in which some of the exuberant contact seems to go beyond dancing; Diego Rivera's fresco of workers on an assembly line: Detroit Industry, South Wall.

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Around the Nation
5:15 pm
Tue May 28, 2013

Budget Cuts At National Parks May Affect Nearby Communities

Originally published on Wed May 29, 2013 8:43 am

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

The summer travel season has begun but lots of communities that depend on tourism because they're near national parks are worried. The fear is camp closures, reduced programming, and other budget cuts under sequestration will keep visitors away this year. And in some places there are already signs that is happening.

Maine Public Radio's Jay Field reports from Bar Harbor, outside Acadia National Park.

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Around the Nation
5:15 pm
Tue May 28, 2013

Spelling Bees Have Roots In The Renaissance

Originally published on Wed May 29, 2013 8:43 am

Transcript

MELISSA BLOCK, HOST:

So why is it called a spelling bee anyway? Here to unlock the etymology behind the bee is lexicographer Peter Sokolowski, editor at large for Merriam-Webster. Peter, thanks for coming in.

PETER SOKOLOWSKI: It's great to be here.

BLOCK: We think of a quilting bee, a spelling bee. Where does the word bee come from?

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Around the Nation
5:15 pm
Tue May 28, 2013

Obama And Chris Christie Tour Rebuilding On Jersey Shore

Originally published on Wed May 29, 2013 8:43 am

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

Today, President Obama toured the Jersey shore, surveying the recovery work that's been done since Superstorm Sandy devastated the area seven months ago. The visit was also a reunion for the president and an unlikely political ally, the Republican governor of New Jersey, Chris Christie. NPR's Mara Liasson reports on their bipartisan relationship and the political benefits for both men.

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Law
5:15 pm
Tue May 28, 2013

'Virtual Currency' Used To Hide Large Money Laundering Scheme

Originally published on Tue September 10, 2013 11:16 am

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

Today in New York, federal authorities unsealed indictments against seven men connected with what may be one of the largest money laundering operations ever uncovered.

From member station WNYC, Ilya Marritz reports the bank at the center of the case allegedly used virtual currency to help its customers break the law.

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Monkey See
5:15 pm
Tue May 28, 2013

Comikaze: Not Just The Other Comic Convention

Last year's Comikaze, seen here in September 2012, attracted tens of thousands of attendees.
AP

Originally published on Wed May 29, 2013 8:43 am

You may be familiar with the San Diego Comic-Con, a constantly expanding convention for fans that started as a niche event for comic-book nerds and is now a sprawling pop-culture event.

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