6:15am

Fri December 23, 2011
The Two-Way

Payroll Tax Cut's Last Hurdle: Getting 'Unanimous Consent'

As with everything happening in Congress these days, the deal reached Thursday to pass a 2-month extension of a payroll tax cut and jobless benefits for the long-term unemployed isn't a "done deal" just yet.

And for it to be "done" later today will require the "unanimous consent" of House members — something that sounds rather daunting as one of the most partisan years in recent memory draws to a close.

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3:29am

Fri December 23, 2011
Asia

With N. Korea In Flux, Neighbors Reassess Policies

The boundary between North and South Korea has been called the world's most dangerous border. But on Thursday, the most dangerous thing about it appeared to be the biting cold and bone-chilling wind, with one Korean soldier jokingly describing the temperature as "hell."

At the Joint Security Area where the actual demarcation line is, half a dozen South Korean soldiers stood at the alert, facing off against one solitary North Korean soldier in khaki. The only unusual sign was the North Korean flag flying at half-staff.

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3:00am

Fri December 23, 2011
Business

The Last Word In Business

Linda Wertheimer has the Last Word in business.

3:00am

Fri December 23, 2011
Business

Bell Maker Tries To Revitalize The Industry

Few things announce the arrival of Christmas-time like the sound of bells. And chances are many of the bells you hear this holiday season can be sourced to one small, family-owned manufacturing business in Connecticut. Bevin Brothers was founded 180 years ago.

3:00am

Fri December 23, 2011
Sports

NBA Kicksoff Shortened Season On Christmas Day

Men's professional basketball was on a long break because of the lockout. But on Christmas Day, the NBA season begins with a five-game package featuring exciting teams and glittering superstars. There's a rematch between defending champion Dallas and everyone's favorite team to hate — the Miam Heat.

3:00am

Fri December 23, 2011
Business

UPS's Hub Braced For Holiday Shippers

Thursday was the busiest day of the year for shipper UPS. Rick Howlett of member station WFPL went to the company's hub in Louisville, Kentucky, to find out what the day was like.

3:00am

Fri December 23, 2011
Business

Business News

Originally published on Fri December 23, 2011 6:39 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with bad Apple.

(SOUNDBITE OF MUSIC)

MONTAGNE: The frenzy for Apple's phone 4S has failed to catch on in much of Europe. Given the product's high price and the region's weak economies, shoppers just haven't bitten. Apple's market share has dropped in France, Germany, Italy and Spain. Though, the British never wants to fall in with the continent have fallen hard for the phone. Transcript provided by NPR, Copyright National Public Radio.

3:00am

Fri December 23, 2011
NPR Story

2011 Was A Bad Year For Dictators

Over the last year, many dictators have fallen from power. To name a few: Libyan leader Moammar Gadhafi was killed, Egyptian President Hosni Mubarak was overthrown and North Korean leader Kim Jong Il died. Linda Wertheimer talks to Susan Glasser, with Foreign Policy magazine, about the year that was and which of the world's remaining strongmen need to worry about what 2012 has to offer.

3:00am

Fri December 23, 2011
NPR Story

House Leaders Do An About-Face On Tax Extension

Originally published on Fri December 23, 2011 5:39 am

Transcript

LINDA WERTHEIMER, HOST:

This is MORNING EDITION from NPR News. I'm Linda Wertheimer.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

It appears as if the bitter fighting in Congress is about to come to an end just in time for Christmas. Today, the House and the Senate are expected to approve an extension of the payroll tax holiday and benefits for the long-term unemployed. This required a major reversal for House Republicans who, earlier this week, voted to reject a nearly identical compromise.

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