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NPR Topics: Business Sun, 21 Mar 2010 00:00:00 -0400
  • Gambling To Fix Pensions Can Lead To A Bigger BindPublic pension fund investing has changed a lot over the past few decades. Cities and states used to invest conservatively. Now, many are trying to rebuild pension funds by resorting to chancy investments in foreign currency, junk bonds and margin trades.
  • Earthquakes Not Shaking U.S. Insurance ConcernsThe earthquakes in Haiti and Chile have piqued Americans' interest in earthquake insurance — as usually happens after news of big quakes overseas. But there's little sign this interest will do much to increase the number of people who actually buy coverage. Will the government be on the hook when the big one comes?
  • Digg.com CEO Makes Content Curation ExcitingBefore the music portion of the South By Southwest festival this year, Austin's convention center was filled to the beams with digital creatives. Among them was Digg.com CEO Jay Adelson, who told host Liane Hansen about his company's history and future.
  • Pension Woes May Deepen Financial Crisis For StatesFrom Connecticut to California, pension funds for public employees lack the funding they need. A recent report from the Pew Center on the States put the tab for unfunded pension liabilities at $452 billion. The debacle could threaten the financial solvency of some states — and taxpayers are on the hook.
  • State Pension Underfunding Before The Great RecessionHow many years would it take for each state to make good on its pension promises if it spent all its tax revenue on pensions, and nothing else? In 2007, every state had some catching up to do. Since then, pension assets for some funds may have recovered, but liabilities have also grown.
  • Mom-And-Pop Site Busts The Web's Biggest MythsYou'd think it would take an army to truth-squad the rapid-fire rumors of the World Wide Web. But at Snopes.com, that task falls to husband-and-wife myth debunkers David and Barbara Mikkelson.
  • Lunar Rover Is Spotted For First Time In 37 YearsVideo game developer Richard Garriott bought the broken Soviet lunar rover at an auction in 1993 — this week, thanks to new photos released by NASA, he's been able to see it on the moon for the first time.
  • Letter: Lehman's Accounting Tricks Possibly IllegalA Lehman Brothers whistleblower warned his bosses that accounting gimmicks the bank used before its collapse may have been illegal, his lawyer said Friday.
  • Obama Rallies: 'We Have Waited Long Enough'President Barack Obama packed the Patriot Center at George Mason University in Fairfax, Va., Friday for one more health care rally. Speaking to students in a swing state, Obama hoped to put a bit of his campaign magic on the legislative drive to overhaul the nation's health care system.
  • 'American Idol For Nerds' Pits Inventors' Business PlansGeorgia Tech has what some call an American Idol for Nerds. It's a competition to encourage undergraduates to invent usable items. Winners of "InVenture" get $15,000. Students must not only have a shiny invention, but also a marketing and business plan. This is the second year the college is having this competition. Susanna Capelouto of Georgia Public Broadcasting reports.
  • ABC News Under Fire For Payment To Murder SuspectThe attorney for Casey Anthony, who is accused of killing her daughter, told a court Thursday that ABC News had paid Anthony $200,000 for exclusive rights to reproduce family photos and a video. Several journalists said ABC's failure to tell viewers of the payment for the pictures was an ethical lapse.
  • Universal Music To Test Lower Price Of CDsThe world's largest music company is lowering the price of CDs. Universal Music is rolling out a test to see whether a $10 price ceiling will encourage consumers to buy more compact discs. Over the last decade, CD sales have dropped by more than half.
  • Will The Real 'Music City' USA Please Stand UpWhile the music festival South by Southwest attracts thousands of industry types to Austin, Texas, other locales are trying to make sure the host city doesn't get too much credit as being the "music city." Places like Nashville, Seattle and even the state of Louisiana have sent contingents to Austin to promote their own ties to music.
  • Billionaire Investor Wannabe Rock Star?Warren Buffett can be seen in a video dressed and singing like Axel Rose of Guns and Roses. The video was made by employees of Buffett's car insurance company Geico. Every year Geico workers put together a music video for their annual meeting. They told Time magazine that this year they wanted to come up with the most "ridiculous" outfit they could think up for their billionaire owner.
  • CBO Figures Show Health Care Bill Would Cut DeficitThe tension is high and the stakes are even higher, as Republicans and Democrats near the decisive moment of the health care battle. The language of the final bill was released Thursday. Along with Congressional Budget Office numbers that show it would cost $940 billion over 10 years, it would also reduce the deficit in the long run.