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Economy
5:14 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 6:03 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
4:56 pm
Tue April 15, 2014

In Portugal, A Sales Receipt May Be Your Ticket To Win Big

A customer pays a vendor for her purchases at Feira da Ladra flea market in Lisbon, Portugal, in October 2013. The government has introduced a "Lucky Receipts" lottery to encourage people to ask for receipts — which will automatically be entered into a national lottery for fancy new cars. It's an effort to curb tax evasion and raise revenue.
Mario Proenca Bloomberg via Getty Images

Originally published on Tue April 15, 2014 5:51 pm

On Lisbon's cobblestone lanes, the Portuguese economy is hobbling along as it always has — in cash.

In a tiny, 100-year-old bar, Nuno Goncalves pours out glasses of ginja — a Portuguese sweet cherry liqueur — for his customers, mostly old men in flat caps. A small shot-glass full costs 50 cents — cash only. There is a cash register, but it doesn't print receipts.

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Around the Nation
4:13 pm
Tue April 15, 2014

Months Of Training And A Moment Of Silence As Marathon Draws Near

Originally published on Tue April 15, 2014 5:29 pm

Even as Boston pays tribute to the victims of the marathon bombing, runners are preparing to run in the race next week. NPR is following the stories of eight of these participants, dubbed the "NPR 8."

Music Interviews
4:13 pm
Tue April 15, 2014

Perennial Co-Writer Returns With An Album Of His Own

Originally published on Tue April 15, 2014 5:29 pm

Dan Wilson is your favorite songwriter's favorite co-writer, lending a pen to artists from Nas to Adele. But he also writes music for himself — and he joins the program to talk more about it.

Around the Nation
4:13 pm
Tue April 15, 2014

The Long Wait On Safety Rules For The 'Soda Can' Of Rail Cars

Safety advocates have been pressuring Canadian and U.S. officials to create new safety standards for tank cars and to make old DOT-111s like this one more puncture-resistant.
Nati Harnik AP

Originally published on Tue April 15, 2014 5:29 pm

Freight trains roll through the Chicago suburb of Barrington, Ill., every day, many pulling older tank cars known as DOT-111s. They're known as the "soda can" of rail cars, says village President Karen Darch, because their shells are so thin.

Many of the DOT-111s are full of heavy Canadian tar sands crude oil. Some carry ethanol. And more and more of them are loaded with light Bakken crude oil from North Dakota.

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The Record
6:42 pm
Mon April 14, 2014

Reunited And It Feels A Little Awkward: OutKast At Coachella

Big Boi (left) and Andre 3000 perform on stage at Coachella during the first stop on OutKast's reunion tour.
Adam Kissick for NPR

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Shots - Health News
5:48 pm
Mon April 14, 2014

Gene Linked To Alzheimer's Poses A Special Threat To Women

Women make up nearly two-thirds of the people in the U.S. diagnosed with Alzheimer's disease.
iStockphoto

Originally published on Mon April 14, 2014 7:35 pm

A gene associated with Alzheimer's disease appears especially dangerous to women and may be one reason that more women than men are diagnosed with the disease.

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News
5:48 pm
Mon April 14, 2014

NSA Coverage Garners Pulitzers For Post And Guardian

Originally published on Mon April 14, 2014 6:42 pm

Winners of the 2014 Pulitzer Prizes were announced Monday. The Washington Post and The Guardian were among the notable winners, commended for together breaking the news of NSA surveillance programs.

Around the Nation
5:37 pm
Mon April 14, 2014

A 'Roller Coaster' Year For Texas Town Rocked By Blast

Firefighters search for survivors at a West, Texas, apartment building in April 2013. The breadth of destruction in West has raised questions about what, if any, new state laws should be passed to help prevent similar accidents in the future.
LM Otero AP

Originally published on Mon April 14, 2014 6:42 pm

When firetrucks blew through the small town of West, Texas, on the evening of April 17, 2013, sirens screaming, naturally everybody was curious. People got in their cars and went to see the fire at the West fertilizer plant. For 10 minutes, they watched from cars and backyards as the fire grew ever bigger. A few moved as close as they could because they were filming on their smartphones. At no time did it occur to anybody that they might be in danger.

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Around the Nation
4:46 pm
Mon April 14, 2014

After Deaths, Renewed Focus On Leaky Gas Pipelines

A Philadelphia Gas Works employee replaces old steel and cast-iron pipes with new plastic pipes that are less likely to leak.
Jeff Brady NPR

Originally published on Mon April 14, 2014 6:42 pm

After a gas explosion last month in New York leveled two buildings and killed eight people, an old issue received new attention: aging natural gas pipelines that leak.

It can take decades and billions of dollars to replace old steel and cast-iron pipes with plastic ones, but some utilities are making that a priority.

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