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Economy
1:47 pm
Tue April 15, 2014

Sending Money On An Overseas Round Trip To Avoid Taxes

Round-tripping occurs when American citizens open bank accounts in tax havens such as the Cayman Islands, funnel money into the accounts and then use it to buy stocks and bonds back in the U.S.
David McFadden AP

Originally published on Tue April 15, 2014 3:03 pm

Some investors avoid paying taxes in a move called round-tripping — sending money offshore, then investing it in U.S. stocks or bonds. A study estimates it costs the U.S. billions in lost revenues.

Recently, MIT professor Michelle Hanlon and two colleagues set out to find out all they could about round-tripping.

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NPR Story
12:56 pm
Tue April 15, 2014

Boston Marks Marathon Bombing Anniversary

Originally published on Tue April 15, 2014 12:17 pm

A somber anniversary is being marked in Boston today. It’s the one-year anniversary of the Boston Marathon bombings.

The tribute is being held inside Boston’s Hynes Convention Center, just a few blocks from the marathon finish line where two bombs exploded on April 15, 2013.

Three people were killed and more than 260 people were injured, some losing limbs.

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NPR Story
12:56 pm
Tue April 15, 2014

Two Marathon Bombing Survivors Develop Lasting Bond

Heather Abbott, left, and Roseann Sdoia are both amputees who developed a lasting bond after last year’s bombing. (Jesse Costa/WBUR)

Originally published on Tue April 15, 2014 12:17 pm

On the evening before the anniversary of the day that changed their lives, Roseann Sdoia and Heather Abbott met up for dinner. The two women had been acquainted before shrapnel shredded the lower part of Abbott’s left leg and most of Sdoia’s right leg.

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NPR Story
12:56 pm
Tue April 15, 2014

Google Glass: Is It Worth The Hype?

This promotional image of Google Glass appears on the purchase page. The device is being offered for sale to the general U.S. public today only. (Google)

Originally published on Tue April 15, 2014 12:17 pm

Google is making its wearable computing device, Glass, available today. For one day only, people can buy Glass for $1,500 plus tax. Buyers can choose from plain lenses, prescription lenses or sunglasses.

Until now, only people handpicked by Google had access to the device, through Google’s Glass Explorer program.

The device allows people to constantly monitor e-mail and calls, surf the web and take photos and videos, which has raised privacy concerns.

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NPR Story
12:56 pm
Tue April 15, 2014

Is China Heading Towards A Housing Bust?

Originally published on Tue April 15, 2014 12:17 pm

The Wall Street Journal is reporting on Chinese “ghost cities” with 20-story high rises that have only a few occupants, and where developers are offering discounts as high as 40 percent to entice buyers.

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13.7: Cosmos And Culture
12:56 pm
Tue April 15, 2014

When Nature Speaks, Who Are You Hearing?

iStockphoto

Originally published on Tue April 15, 2014 11:01 am

A couple of weeks ago I played hooky (don't tell anyone). It had been a long day of science and the bureaucratic business of science. After a working through a few grant proposal deadlines and a morning telecom, I threw my hands up, put my laptop down and walked away.

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NPR Story
12:56 pm
Tue April 15, 2014

NATO Weighs Options In Ukraine

Originally published on Tue April 15, 2014 12:17 pm

This week, leaders of the North Atlantic Treaty Organization are reviewing proposals from NATO’s military chief to respond to the crisis in Ukraine.

Today, NATO Secretary General Anders Fogh Rasmussen said the organization plans to beef up defense plans and multinational training exercises. It also will use “appropriate deployment” of NATO air, land and naval forces if necessary to reassure member states nearest Russia, which has amassed troops on the border with Ukraine.

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The Salt
12:36 pm
Tue April 15, 2014

Behold Ukrainian Easter Art: Incredible, Inedible Eggs

Ukrainians have been crafting elaborately decorated eggs for thousands of years.
Konstantin Chernichkin Reuters/Landov

Originally published on Tue April 15, 2014 1:50 pm

As Nancy Shute reported in 2012, Ukrainians have for centuries practiced an ancient form of art, drawing intricate patterns on eggs using a traditional method that involves a stylus and wax.

It's called pysanky, and it's alive and well in Ukraine and Ukrainian immigrant communities around the world.

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It's All Politics
12:35 pm
Tue April 15, 2014

Obama's Tax Rate Rose — And He Can't Blame Anyone But Himself

President Obama meets with faith leaders in the Oval Office on Tuesday — also known as Tax Day 2014.
Carolyn Kaster AP

Originally published on Tue April 15, 2014 1:00 pm

President Obama, like many wealthy Americans, is paying more of his income to the IRS.

The White House released the president's tax return last week. It shows he and the first lady paid $98,169 in taxes for 2013 on income of $481,098. That's an effective tax rate of 20.4 percent.

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NPR Story
12:17 pm
Tue April 15, 2014

Talking Pot With Teens In Colorado

Adams City High in Commerce City, Colo., has about 2,000 students. During the 2010-2011 school year, 105 students were disciplined for drug or alcohol-related school offences. These students had almost twice as many unexcused absences, more than three times the number of days of school suspension, and almost a full grade point lower average GPA compared to students without drug/alcohol related offences. (Jenny Brundin/CPR)

When Colorado voters passed Amendment 64 back in November of 2012, they set in motion an effort that has focused on setting up a system for people to legally obtain recreational marijuana.

But there’s been less attention on how to keep pot away from those who aren’t supposed to use it — anyone under 21 years of age. Parents and educators are struggling to fill the void, with public health campaigns only in the planning stages.

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NPR Story
12:17 pm
Tue April 15, 2014

'Philomena' DVD Brings Real Philomena To New Audiences

Today, the DVD of the Oscar-nominated film “Philomena” is being released. One of the special features contained on the DVD is an interview with the real Philomena Lee. Her life story of being forced to give up her son for adoption and her long search for him inspired the film.

We spoke with Philomena and her daughter Jane Libberton, who helped Philomena with her search, back when the film was in theaters, and today we revisit that conversation.

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Shots - Health News
12:14 pm
Tue April 15, 2014

Despite Worries, Boston Survivor Heads Back To The Start Line

Carol Downing is still haunted by memories of last year's marathon. But she's excited about reuniting with other survivors.
Michael Dwyer AP

Originally published on Tue April 15, 2014 6:24 pm

At last year's Boston Marathon, Carol Downing was just a half a mile from the finish line when bombs exploded and injured two of her daughters. This year, she's going back to complete the race.

More than 36,000 runners hope to cross the finish line for the Boston Marathon this year. Downing plans to be among them. But she's worried.

"There's definitely some fear of going back," Downing says. "I know that for the whole time of the 26.2 miles, I'm going to be wondering if my family is safe."

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The Two-Way
12:12 pm
Tue April 15, 2014

Saturn Might Have A New Baby Moon Named Peggy

The disturbance visible at the outer edge of Saturn's A ring in this image from NASA's Cassini spacecraft results from gravitational effects on ring particles by an object that may be replaying the birth process of icy moons.
NASA/JPL-Caltech/Space Science Institute

Originally published on Tue April 15, 2014 3:54 pm

It's not like Saturn needs another moon to look after — it's already got 53 officially, with nine more labeled as "provisional" (and those are just the ones we know about). But the tiny, icy object nicknamed "Peggy" could prove hard to resist.

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Author Interviews
11:33 am
Tue April 15, 2014

Pakistan, The Taliban And The Real 'Enemy' Of The Afghanistan War

Children play at the demolished compound of Osama bin Laden in Abbottabad, Pakistan.
Aqeel Ahmed AP

Originally published on Tue April 15, 2014 4:42 pm

Carlotta Gall's new book opens in 2006, when undercover Pakistani intelligence agents punched her in the face, after breaking into her hotel room and confiscating her phone and computer.

It's just one example of how risky her job — covering Afghanistan for The New York Times — has been. Gall writes that over 12 years, she lost friends and acquaintances in suicide bombings and shootings and saw others close to her savagely maimed.

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Television
11:33 am
Tue April 15, 2014

FX's 'Fargo' Is Neither Remake Nor Sequel

Originally published on Tue April 15, 2014 2:05 pm

Transcript

TERRY GROSS, HOST:

This is FRESH AIR. The FX cable network premieres a new drama series tonight. It's called "Fargo" and has the same title as the 1996 Coen brothers movie. Our TV critic David Bianculli says it's a wonderful show in that same wacky spirit, but he says it's just as important to note what this new "Fargo" is not. It's not a remake, and it's not a sequel.

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