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Business
4:55 am
Fri January 11, 2013

Business News

Originally published on Fri January 11, 2013 7:35 am

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RENEE MONTAGNE, HOST:

NPR's business news starts with new jobs at Ford.

Ford announced today, that it plans to hire more than 2,200 white collar workers here in the U.S. The jobs will center around product development, manufacturing and IT. This continues an upswing in hiring at Ford. It added over 8,000 U.S. jobs last year. And yesterday, the automaker doubled its quarterly dividend to the highest level in seven years. Transcript provided by NPR, Copyright National Public Radio.

Technology
4:55 am
Fri January 11, 2013

CES Vendors Want To Hook Up Your Home

Originally published on Fri January 11, 2013 7:35 am

Transcript

RENEE MONTAGNE, HOST:

That big consumer electronics show in Las Vegas ends today. And while big tech firms like Google and Apple did not attend, an increasingly diverse range of companies took their place. With more and more devices connecting to the Internet, many companies are flocking to this festival of gadgets, hoping to bring all the appliances in your home online. NPR's Steve Henn reports.

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Business
4:55 am
Fri January 11, 2013

AmEx Travel Section Bears The Brunt Of Layoffs

Originally published on Fri January 11, 2013 7:35 am

Transcript

STEVE INSKEEP, HOST:

Heading in the other direction, American Express says it plans to lay off more than 5,000 workers in the coming year. These unexpected cuts come despite a strong holiday sales season.

NPR's Kirk Siegler reports.

KIRK SIEGLER, BYLINE: All told, the layoffs will account for about eight percent of American Express's entire workforce - most from the company's global travel business.

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Business
4:55 am
Fri January 11, 2013

Looking Back On Bank Of America's Countrywide Debacle

Originally published on Fri January 11, 2013 7:35 am

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STEVE INSKEEP, HOST:

Five years ago today, Bank of America announced it was buying the troubled subprime mortgage lender Countrywide Financial for $40 billion. At the time, the financial crisis had not fully revealed itself, and many people thought Bank of America was getting a good deal. Instead, the acquisition has turned into a never-ending legal and financial nightmare. NPR's Jim Zarroli reports.

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Sports
4:55 am
Fri January 11, 2013

Major League Baseball Enacts Anti-Doping Policies

Originally published on Fri January 11, 2013 7:35 am

Transcript

STEVE INSKEEP, HOST:

Major League Baseball has enacted new anti-doping policies that are being described as unprecedented in American professional sports. Yesterday, Major League Baseball and its Players Union said that starting next year they will be fighting the use of human growth hormone and testosterone - two allegedly popular banned substances.

NPR sports correspondent Tom Goldman has been covering this story. Tom, good morning.

TOM GOLDMAN, BYLINE: Good morning, Steve.

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