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More now on this morning's merger announcement by American Airlines and U.S. Airways. The deal would create the biggest air carrier in the U.S., with an estimated value of $11 billion. The merger must still be approved by regulators. And since American Airlines is working its way out of bankruptcy, a federal bankruptcy judge will also have to OK the deal.
NPR business news starts with healthier retirement accounts.
The nation's largest administrator of 401(k) accounts says the average account balance grew by 12 percent last year. Two-thirds of that growth is attributed to the surging stock market. The other factor is increased contributions from workers and their companies. Transcript provided by NPR, Copyright NPR.
Our last word in business today is love, marriage and taxes. Just in time for Valentine's Day and tax filing season, the independent Tax Policy Center has updated its online marriage bonus and penalty calculator.
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The new numbers reflect the latest changes in the tax code. Couples considering a walk down the aisle might want to take a look at this before saying I do.
Thousands gathered last night in the German city of Dresden to mark the 68th anniversary of the allied bombing that destroyed that city during the Second World War. These days, the annual commemoration is less about remembering those who perished than a fight against modern-day Nazis - a fight waged sometimes with questionable methods. NPR's Berlin correspondent Soraya Sarhaddi Nelson traveled to Dresden and filed this report.
Two years ago today, more than 100,000 people rallied in the Gulf nation of Bahrain; a peacefully protest against the rule of their autocratic king. Despite harsh government repression, the protests continue. Many Bahrainis are critical of U.S. support for the country's monarch despite the growing popular opposition.
Independent producer Reese Erlich reports from Bahrain's capital, Manama.
Pre-school is one example of how President Obama says the government can play a constructive role in the U.S. economy. In his State of the Union speech, President Obama tried to refocus a debate that, for two years, has been all about cutting. The president is highlighting government programs that even many Republicans support.
Here's NPR's Scott Horsley.
SCOTT HORSLEY, BYLINE: The U.S. economy is slowly recovering from the Great Recession, but President Obama says the government could be doing more to help.
What do you do when you're a scientist and you have no job and no money for your research? If you're Ethan Perlstein, you try crowd funding. He raised $25,000 to investigate where the drug methamphetamine is stored in the brain.
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Originally published on Thu February 14, 2013 8:38 am
The movement opposing Bahrain's autocratic monarchy is gaining strength in what has become the longest-running uprising of the Arab Spring. Feb. 14 marks the revolt's second anniversary. The opposition predicts more demonstrations on Friday.
Two years ago, a diverse movement that included both Shiite and Sunni Muslims united to oppose the dictatorial rule of the Sunni ruling family. The royals have successfully used divide-and-rule tactics, and today the opposition is largely Shiite.