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Planet Money
1:07 am
Wed May 22, 2013

Why Apple (And Lots Of Other Companies) Wound Up In Ireland

Andy Wong AP

Originally published on Wed May 22, 2013 7:35 am

Apple was criticized in a Senate committee hearing Tuesday for using complex accounting to minimize the corporate taxes it pays. One key piece of the company's tax strategy: It funnels lots of its profits through subsidiaries in Ireland.

Offering low corporate tax rates has been a fundamental part of Ireland's economic strategy for decades — a way to get foreign companies to set up operations in the country.

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Parallels
1:04 am
Wed May 22, 2013

West Bank Businesses Seek Growth Amid Uncertainty

A worker chips away at Jerusalem stone, likely destined for a building facade somewhere in the world. Stone and marble is a big business in Palestinian towns near Bethlehem. Quarries are in Israeli-controlled areas, and access can be a challenge.
Emily Harris/NPR

Originally published on Sun May 26, 2013 6:27 am

U.S. Secretary of State John Kerry heads back to Israel and the West Bank on Thursday for more talks on restarting peace negotiations between Israelis and Palestinians. When he was there last month, he walked away with at least one agreement — to improve the West Bank economy. Here's how he put it as he left Israel:

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Research News
1:03 am
Wed May 22, 2013

Quantum Or Not, New Supercomputer Is Certainly Something Else

Google and NASA are betting that quantum forces are at work inside D-Wave's 512-bit chip.
Courtesy of D-Wave

Originally published on Wed May 22, 2013 9:33 am

It's exactly the sort of futuristic thinking you'd expect from Google and NASA: Late last week, the organizations announced a partnership to build a Quantum Artificial Intelligence Lab at NASA's Ames Research Center.

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Your Money
1:01 am
Wed May 22, 2013

Instead Of Snoozing In Savings, Let's Put $5,000 To Work

Robyn Mackenzie iStockphoto.com

Originally published on Wed May 29, 2013 1:40 pm

If you have a savings account you probably already know this: Your money there is losing value to inflation. Yields are so low that returns are not even keeping up with the cost of living.

I've been watching some of my own savings dwindle. And that prompted me to take up a challenge: I'm taking $5,000 from personal savings and putting it to work. I'm not a financial whiz, pundit or any kind of guru.

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Shots - Health News
1:00 am
Wed May 22, 2013

Boomer Housemates Have More Fun

Group houses are becoming popular — again — among some single baby boomers, and not just for financial reasons. Marianne Kilkenny (second from right) shares her home in Asheville, N.C, with four other people.
Mike Belleme The New York Times

Originally published on Fri May 24, 2013 9:21 am

Today more than 1 in every 3 baby boomers — that huge glut of people born between 1948 and 1964 — is unmarried. And those unmarried boomers are disproportionately women.

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Sweetness And Light
8:04 pm
Tue May 21, 2013

Backing Becks: Don't Knock The Soccer Star's Talents

David Beckham spent six years in the U.S. with the LA Galaxy before returning to Europe earlier this year.
Fred Dufour AFP/Getty Images

Originally published on Wed May 22, 2013 7:29 am

The most unforgiving criticism in sport is directed at any athlete who fans believe is celebrated too excessively above his true talent level — especially those stars who are gloried because they're such pretty people.

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The Two-Way
4:45 pm
Tue May 21, 2013

Two Key Candidates Barred From Seeking Iran's Presidency

Former Iranian President Akbar Hashemi Rafsanjani's candidacy for the country's presidency was rejected Tuesday by the powerful Guardian Council. He's seen here on May 11 registering his candidacy for the June 14 election.
Ebrahim Noroozi AP

Originally published on Tue May 21, 2013 5:04 pm

Iran's powerful Guardian Council has disqualified two key candidates — a former president and a top aide to the current president — from running in the June 14 presidential election.

The Guardian Council, which vets all candidates, approved eight names Tuesday but left out former President Akbar Hashemi Rafsanjani and Esfandiar Rahim Mashaei, who was handpicked by President Mahmoud Ahmadinejad.

Mashaei said he would appeal the decision to the country's supreme leader; Rafsanjani did not comment.

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The Two-Way
4:33 pm
Tue May 21, 2013

Storm Chasers Seek Thrills, But Also Chance To Warn Others

A tornado moves past homes in Moore, Okla. on Monday.
Alonzo Adams AP

When disaster strikes, our natural instinct is to take cover and seek shelter. But in severe weather, especially the type that breeds tornadoes like we saw in Oklahoma and parts of the Midwest this week, there are those who ride toward the storm.

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Around the Nation
3:43 pm
Tue May 21, 2013

Tornado Leaves Moore, Okla., Neighborhoods Unrecognizable

Transcript

ROBERT SIEGEL, HOST:

It's ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

It has been an emotional 24 hours for the people of Moore, Oklahoma. Their city is now a federal disaster area, shattered by yesterday's deadly tornado. Meteorologists have confirmed that the tornado was a rare EF5, with winds in excess of 200 miles per hour. Entire neighborhoods are unrecognizable, trees splintered, houses gone.

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Business
3:43 pm
Tue May 21, 2013

Apple CEO Defends Tax Practices At Senate Hearing

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

The top executives of Apple faced tough questions today on Capitol Hill. They came at a hearing about Apple's alleged avoidance of billions of dollars in U.S. income taxes. Yesterday, Senate investigators released a study describing how the maker of the iPhone, iPad and Mac computers used subsidiaries based in Ireland to avoid income taxes on a big chunk of its global profits.

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