Business
4:44 am
Tue December 27, 2011

Company To Close Dozens Of Sears, Kmart Stores

Originally published on Tue December 27, 2011 6:53 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with Sears closing stores.

(SOUNDBITE OF MUSIC)

INSKEEP: The holiday shopping season has gone well for some retailers, but apparently not for Sears Holdings, the company that owns Sears and Kmart. It plans to shut down up to 120 stores. Sears operates 4,000 outlets in the U.S. and Canada right now. The company says Kmart sales of clothing and consumer electronics fell, and at Sears there was not much demand for home appliances.

Around the Nation
4:36 am
Tue December 27, 2011

Nativity Scene Goat Makes A Run For It

A Minnesota man provided live puppies, a llama and a goat to a nativity scene, but the goat escaped. The Fergus Falls Journal reports the goat has been spotted but not caught.

Around the Nation
4:31 am
Tue December 27, 2011

Ill-Gotten Gains Shouldn't Be Posted On Facebook

Isaiah Cutler, 18, is in jail accused of burglarizing a market with three friends and taking thousands in cash and merchandise. An hour later, he supposedly posted pictures of the fellows and their stash on Facebook. A relative saw the photos, alerted grandma and she called the cops.

Former elementary and middle school teacher Claudio Sanchez is an Education Correspondent for NPR. He focuses on the "three p's" of education reform: politics, policy and pedagogy. Sanchez's reports air regularly on NPR's award-winning newsmagazines Morning Edition, All Things Considered, and Weekend Edition.

Sanchez joined NPR in 1989, after serving for a year as executive producer for the El Paso, Texas, based Latin American News Service, a daily national radio news service covering Latin America and the U.S.- Mexico border.

From 1984 to 1988, Sanchez was news and public affairs director at KXCR-FM in El Paso. During this time, he contributed reports and features to NPR's news programs.

International Correspondent Anthony Kuhn official base is Jakarta, Indonesia, where he opened NPR's first bureau in that country in 2010. From there, he has covered Southeast Asia, and the gamut of natural and human diversity stretching from Myanmar to Fiji and Vietnam to Tasmania. During 2013-2014, he is covering Beijing, China, as NPR's Louisa Lim is on fellowship.

Jim Zarroli is a business reporter for NPR News, based at NPR's New York bureau.

He covers economics and business news including fiscal policy, the Federal Reserve, the job market and taxes

Over the years, he's reported on recessions and booms, crashes and rallies, and a long string of tax dodgers, insider traders and Ponzi schemers. He's been heavily involved in the coverage of the European debt crisis and the bank bailouts in the United States.

Education
1:00 am
Tue December 27, 2011

With Full-Time Job, Life Improves For High School Dropout

Nearly three decades ago, Kenny Buchanan decided to drop out of school. Over the last 26 years, he's jumped from job to job and unemployment. He now has a full-time job and for the first time in years, he and his family have health insurance and can enjoy a few luxuries.

Business
1:00 am
Tue December 27, 2011

Business News

Steve Inskeep has business news.

Technology
1:00 am
Tue December 27, 2011

Anonymous Arm Says It hacked Stratfor

In Texas, a private intelligence company has apparently been hacked by the loosely organized activist group Anonymous. Some members claim they obtained personal information about Stratfor's clients, as well as thousands of credit cards numbers which were then used to make donations to charities. But other members have disavowed the hacking job. Freelance journalist Quinn Norton, who has profiled Anonymous for Wired Magazine, talks to Linda Wertheimer about the breach.

Asia
1:00 am
Tue December 27, 2011

Can North Korea Afford Kim Jong Il's Funeral?

As North Korea prepares for the funeral of leader Kim Jong Il, attention is being focused on the country his son, heir apparent Kim Jong Un, will inherit. Like almost everything to do with North Korea, the picture of how the country's economy works is cloudy.

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