10:39am

Thu December 20, 2012
The Two-Way

Sales Of Existing Homes Hit Three-Year High

Originally published on Thu December 20, 2012 11:04 am

San Francisco: A "sold" sign in front of a home earlier this year.
Justin Sullivan Getty Images

There was a 5.9 percent rise in sales of previously owned homes in November from October, the National Association of Realtors says.

At their 5.04 million annual rate, sales were the highest since November 2009.

"Momentum continues to build," NAR chief economist Lawrence Yun says in the organization's report.

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9:13am

Thu December 20, 2012
The Two-Way

NYSE Being Bought For $8.2B By Atlanta-based IntercontinentalExchange

Originally published on Thu December 20, 2012 2:34 pm

The floor of the New York Stock Exchange.
Spencer Platt Getty Images

The New York Stock Exchange will be acquired by IntercontinentalExchange of Atlanta in a deal valued at about $8.2 billion, the two rivals confirmed Thursday morning.

In matching press releases, they say the sale "combines two leading exchange groups to create a premier global exchange operator diversified across markets including agricultural and energy commodities, credit derivatives, equities and equity derivatives, foreign exchange and interest rates."

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8:51am

Thu December 20, 2012
The Two-Way

Third Quarter Economic Growth Revised Up Again

Originally published on Thu December 20, 2012 8:48 am

The best estimate of how quickly the economy was growing in the third quarter has been revised upward again — a sign that as summer turned into fall things were better than first thought.

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8:31am

Thu December 20, 2012
The Two-Way

Blizzard Warnings In Upper Midwest; Possible Tornado In Alabama

Originally published on Thu December 20, 2012 12:26 pm

A snow plow made its way down a county road in Waupun, Wis., earlier today.
Jeffrey Phelps EPA /LANDOV

A winter storm that has brought blizzard conditions to parts of the Upper Midwest from Iowa into Minnesota and Wisconsin has authorities urging folks to stay off the roads and airlines warning of flight delays at Chicago's O'Hare and other airports in the region.

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8:03am

Thu December 20, 2012
The Two-Way

Today's 'Plan B' Vote: Part Of Posturing Or A Push Over The 'Fiscal Cliff?'

Originally published on Thu December 20, 2012 12:45 pm

Alex Wong Getty Images
  • On 'Morning Edition': Mara Liasson and David Greene

With the House set to vote this afternoon on Republicans' "Plan B" for avoiding the so-called fiscal cliff, the questions that have been asked every day for weeks are being asked yet again, with added urgency:

Are we headed over that "cliff" of automatic spending cuts, tax increases and expiring job benefits? Or are President Obama and House Speaker John Boehner, R-Ohio, closer to a deal than they're letting on in public?

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7:58am

Thu December 20, 2012
Sports

'Bowie Over Jordan': A New Look At The Pick That Still Haunts Portland NBA Fans

Originally published on Thu December 20, 2012 11:37 am

Sam Bowie of the Portland Trail Blazers shoots over Kareem Abdul-Jabbar of the Los Angeles Lakers during a game circa 1984-1988 at the Great Western Forum in Inglewood, Calif. Bowie's NBA career is the subject of a new ESPN documentary airing Thursday.
Rick Stewart Getty Images

In 1984, the Portland Trail Blazers chose Sam Bowie, a 7-foot-1 center from the University of Kentucky, with the second pick in the college draft. The Chicago Bulls then took Michael Jordan.

The words "Bowie over Jordan" are part of pro basketball lore, and are still a source of pain for many fans of the NBA's Portland Trail Blazers. Bowie's tenure in Portland was marred by leg injuries; Jordan became a legend. ESPN recounts it all in a documentary about Bowie on Thursday night.

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7:02am

Thu December 20, 2012
Energy

Coal Mining Museum Welcomes Solar Panels

Originally published on Thu December 20, 2012 11:37 am

Transcript

DAVID GREENE, HOST:

Good morning. I'm David Greene. It's the dawn of a new era at the Big Pit National Coal Mining Museum. The former mine in Wales celebrates the fossil fuel that sparked the Industrial Revolution. Now it's embracing solar energy. Renewable Energy World reports that 200 newly installed solar panels could save the property as much as $650,000 over 25 years on power. Put another way, the museum celebrating coal won't have to dig so deep to pay the electric bill. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

6:55am

Thu December 20, 2012
Europe

Dead Russian Parliament Member Voted 31 Times

Originally published on Thu December 20, 2012 11:37 am

Transcript

STEVE INSKEEP, HOST:

Good morning. I'm Steve Inskeep, honoring a devoted lawmaker. Some officials are slammed for missing votes, but Vyacheslav Osipov was there for vote after vote - or not precisely there. This member of Russia's parliament voted on 31 different measures, despite being dead. The rules allowed other lawmakers to cast votes for him by proxy. He is now off the voting roles, but set a political milestone. Usually the dead only vote to get people into office. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.

5:16am

Thu December 20, 2012
Business

The Last Word In Business

Originally published on Thu December 20, 2012 11:37 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is something many equate to being as fun as doing taxes - dental work. A dentist in Sweden is offering $45 gift cards. It's an effort to entice 20-somethings who've stopped coming in for cleanings now that they're living on their own. That gift may go over as well as Hermey the elf's ambitions in the 1964 TV special, "Rudolph the Red Nose Reindeer."

CARL BANAS: (as Head Elf) What? You don't like to make toys?

PAUL SOLES: (as Hermey) No.

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5:04am

Thu December 20, 2012
NPR Story

Business News

Originally published on Thu December 20, 2012 11:37 am

Transcript

DAVID GREENE, HOST:

NPR business news starts with a dent in Toyota's safety ratings.

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