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The Two-Way
9:36 am
Wed December 19, 2012

U.S. Will Sell Off Its General Motors Stock

General Motors is buying back stock from the U.S. government.
Paul Sancya ASSOCIATED PRESS

In a statement early this morning, the Treasury Department says it's going to "exit" its investment in General Motors. The federal government holds just over 500 million shares of GM stock.

The automaker will buy 200 million of those shares, and the government will dispose of the rest "in an orderly fashion" over the next year and a half, depending on market conditions.

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The Two-Way
9:19 am
Wed December 19, 2012

Robert Bork, Who Was Turned Down For Supreme Court, Dies

Judge Robert Bork in September 1987, at the Senate hearing on his nomination to the Supreme Court.
Charles Tasnadi AP

Originally published on Wed December 19, 2012 12:26 pm

Robert Bork, who was at the center of Senate hearings that "marked the modern battle lines over judicial nominations," as NPR's Nina Totenberg has said, is dead, according to The New York Times, Fox News and The Associated Press.

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The Two-Way
8:07 am
Wed December 19, 2012

UPDATE: 'Eagle Snatches Kid' Video Makers Admit Hoax

Real or not?
YouTube

Originally published on Wed December 19, 2012 1:14 pm

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The Two-Way
7:20 am
Wed December 19, 2012

Newtown Shootings: Funerals Continue; Biden To Lead Task Force

Candles with the names of victims of the Sandy Hook Elementary School shooting, at a makeshift memorial near the entrance to the grounds of Sandy Hook Elementary School.
Brendan Smialowski AFP/Getty Images

Some of today's headlines and news about the shootings at an elementary school in Newtown, Conn., last Friday. Twenty children and six adults were killed by the gunman who attacked Sandy Hook Elementary:

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The Two-Way
7:02 am
Wed December 19, 2012

President Obama Is 'Time' Magazine's 'Person Of The Year'

Spencer Platt Getty Images

Writing that "after four of the most challenging years in the nation's history, his chance to leave office as a great president who was able to face crises and build a new majority coalition remains within reach," Time magazine has named President Obama its "person of the year."

The others on Time's "short list" were:

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The Two-Way
6:18 am
Wed December 19, 2012

UBS To Pay $1.5 Billion For 'Routine And Widespread' Rate Rigging

The logo of Swiss banking giant UBS in Zurich, Switzerland.
Fabrice Coffrini AFP/Getty Images

Swiss banking giant UBS AG has agreed to pay $1.5 billion in fines to regulators in the U.S., Britain and Switzerland for its part in a scheme to manipulate the London interbank offered rate (LIBOR), which is used to set rates on contracts around the world.

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Around the Nation
5:43 am
Wed December 19, 2012

Oregon Man Advertises For Wife

Originally published on Thu December 20, 2012 4:44 am

Transcript

STEVE INSKEEP, HOST:

Around the Nation
5:37 am
Wed December 19, 2012

Lottery Winners Donate To School's Football Stadium

Originally published on Thu December 20, 2012 4:44 am

Transcript

DAVID GREENE, HOST:

NPR Story
4:08 am
Wed December 19, 2012

Capitol Hill Reaction To Gun Mayhem Varies

Originally published on Thu December 20, 2012 4:44 am

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Even before the events of the last few days, Congress had a busy agenda. Lawmakers are negotiating over taxes and spending that could affect the economy in the year ahead, not to mention almost every part of the federal government and the take-home pay for millions of Americans.

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NPR Story
3:50 am
Wed December 19, 2012

Business News

Originally published on Thu December 20, 2012 4:44 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news begins with a global bank settlement.

It's the big Swiss bank, UBS. It announced this morning that it will pay a total of $1.5 billion in fines for its role in rigging the interbank lending rate known as LIBOR. The settlement will be paid to Swiss, British and American regulators.

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