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Law
3:00 am
Tue January 1, 2013

Justice Wants Banks To Be Quasi Cops

Assistant U.S. Attorney General Lanny Breuer announces a nearly $2 billion money laundering settlement with British bank HSBC on Dec. 11 in New York City.
Ramin Talaie Getty Images

Originally published on Tue January 1, 2013 9:44 am

Every year, banks handle tens of millions of transactions. Some of them involve drug money, or deals with companies doing secret business with countries like Iran and Syria, in defiance of trade sanctions.

But if the Justice Department has its way, banks will be forced to change — to spot illegal transactions and blow the whistle before any money changes hands.

Federal prosecutors have already collected more than $4.5 billion from some of the world's biggest financial institutions — banks charged with looking the other way when dirty money passed through their accounts.

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Science
3:00 am
Tue January 1, 2013

The Year Of The Higgs, And Other Tiny Advances In Science

Scientists at the Large Hadron Collider announced the discovery of the Higgs boson on July 4, the long-sought building block of the universe. This image shows a computer-simulation of data from the collider.
Barcroft Media/Landov

Originally published on Tue January 1, 2013 9:44 am

It's a year-end tradition to cobble together a list of the most important advances in science. But, truth be told, many ideas that change the world don't tend to spring from these flashy moments of discovery. Our view of nature — and our technology — often evolve from a sequence of more subtle advances.

Even so, chances are good that this year's list-makers will choose the discovery of the Higgs boson as the most important discovery of 2012.

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Best Music Of 2012
10:12 am
Mon December 31, 2012

In Memoriam: Musicians We Lost In 2012

Whitney Houston performs in 1988.
David Corio Getty Images

Originally published on Thu April 25, 2013 2:26 pm

NPR Music remembers the singers, instrumentalists, songwriters and personalities who died in 2012. Explore their musical legacies by launching our musical interactive here or by clicking on the image.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

Transcript

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Around the Nation
7:12 am
Mon December 31, 2012

Possum Drop Will Be Held In Brasstown, N.C.

Transcript

STEVEN INSKEEP, HOST:

Good morning. I'm Steve Inskeep. A New Year's tradition will change in Brasstown, North Carolina. Instead of the Times Square Ball, Clay's Corner Store lowered a love possum in a box. Store owner Clay Logan tells the Chattanooga Times Free Press we aren't pessimistic or optimistic. We're opposumistic. But nobody asked the possum. People for the Ethical Treatment of Animals sued. Now Mr. Logan says he'll drop a stuffed animal, or road kill, depending on what's available. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

Around the Nation
7:04 am
Mon December 31, 2012

Popular Baby Names For 2013

Transcript

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Around the Nation
5:46 am
Mon December 31, 2012

Secretary Clinton Hospitalized With Blood Clot

Originally published on Mon December 31, 2012 6:51 am

Transcript

DAVID GREENE, HOST:

And let's turn to some other developments we're following very closely. Secretary of State Hillary Clinton is in a New York City hospital this morning. She is being treated for a blood clot. Now, a State Department spokesman said this stems from a concussion Clinton sustained earlier this month. The blood clot was discovered during a follow-up exam yesterday.

We're joined in the studio by two of our colleagues, NPR foreign affairs correspondent Jackie Northam and NPR science editor Rob Stein. Good morning to both of you.

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Asia
5:46 am
Mon December 31, 2012

Sex Men Charged In India's Fatal Gang-Rape

Originally published on Fri January 4, 2013 9:55 am

Transcript

DAVID GREENE, HOST:

In India, protestors are vowing to keep up their fight until there is justice for the young victim of a gang rape. The young woman died this weekend after injuries she suffered in the vicious attack. The incident has renewed demands for action against sexual violence. Delhi police say the accused will be formally charged with murder. From New Delhi, here's NPR's Julie McCarthy.

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Economy
4:15 am
Mon December 31, 2012

Europe Fails To Stimulate Growth In 2012

Originally published on Mon December 31, 2012 12:52 pm

The U.S. economy grew at a steady though not very strong pace this year. But Europe slipped back into recession because of the ongoing debt crisis. European leaders took steps to stimulate growth, but it wasn't enough to reverse course.

The economic crisis that got under way five years ago was felt all over the world. But Mohammed El-Erian, CEO of the investment firm PIMCO, says different regions have healed at much different rates.

The year "2012 was another multispeed world globally, in the sense that different parts did different things," he says.

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Politics
3:33 am
Mon December 31, 2012

After Fruitless Weekend, Congress Still Seeks Fiscal Deal

Senate Minority Leader Mitch McConnell, R-KY, leaves the Senate chamber to caucus in the Capitol on Sunday.
Molly Riley AFP/Getty Images

Originally published on Mon December 31, 2012 5:46 am

It is almost unimaginable that both the House and Senate would be in session on a Sunday evening on the penultimate day of the year. And yet, they both were, with lawmakers hoping it was not merely a big waste of time and effort.

A bipartisan push by Senate leaders over the weekend has so far failed to forge a deal to spare American wage earners from tax hikes and shield government programs from drastic cutbacks.

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Planet Money
3:32 am
Mon December 31, 2012

The Fiscal Cliff: A Love Story

Originally published on Mon December 31, 2012 5:46 am

America, if you're scared by all the talk you've been hearing about the fiscal cliff, take heart: There are reasons for people across the political spectrum to love the cliff.

There's a lot for liberals to like in the fiscal cliff, says Matthew Yglesias, who writes wonky articles about economics for Slate.

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