A series of rare December tornados flattening homes in the South added to the winter woes of millions of Americans from Texas to Maine. Faced with heavy snow, rains and high winds throughout, hundreds of flights have been canceled, leaving many holiday travelers stranded. NPR's Claudio Sanchez has this report.
Originally published on Thu December 27, 2012 5:06 am
President Obama returns to Washington Thursday as do members of the U.S. Senate. They're cutting holiday plans short in hopes of coming up with a deal to avoid the tax hikes and budget cuts set to take effect on Jan. 1.
Now, if you have BlackBerry at the bottom of the drawer, it turns out it's also at the bottom of the 2012 list of smartphone makers.
Our last word in business is: Bad Call.
The company that makes BlackBerry, Research in Motion, had only 5 percent of the global smartphone market in 2012. That was down from 11 percent the year before. That's according to the market research firm iSuppli. Also in the 5 percent club: Nokia and HTC.
That's the business news on MORNING EDITION, from NPR News. I'm David Greene.
A screengrab from the "Kony 2012" online video about the Central African warlord Joseph Kony, which skyrocketed in popularity after its release in March. It was criticized, then forgotten, just as quickly.
Credit via YouTube
"JB Fan Video" got more than 1 million views in 48 hours. Within weeks, it was largely forgotten.
Connecticut has suddenly become the epicenter of the nation's gun control debate in a way no one there could have foreseen. The Newtown school shootings have brought calls for restrictions on firearms, in the state that once led the world in creating modern weaponry.
If you drive past Hartford on the interstate, you'll see the blue onion dome high atop the factory that once was the Colt Patent Firearms Manufacturing Company. The gunmaker has long since left its Hartford factory, but it still makes guns nearby.
Federal Reserve Chairman Ben Bernanke speaks during a news conference in Washington on Dec. 12. Some economists worry the Fed has set the stage for inflation as well as stock and housing bubbles by keeping interest rates low.
The Federal Reserve continued to keep its foot on the accelerator in 2012, using unusual tactics to try to boost economic growth. But there's disagreement among economists about whether the Fed's policies were effective or whether the risks to the economy outweighed the rewards.