National

The Two-Way
8:47 pm
Fri January 10, 2014

Neiman Marcus Says Hackers Stole Credit Card Data

Upscale retailer Neiman Marcus isn't yet saying how many customers might be at risk, but it is confirming that a breach of credit card data took place. The company says it learned of "potentially unauthorized payment card activity" before Christmas. The company says it is working with federal investigators, and a forensics team is trying to determine the size of the breach.

The digital security expert Brian Krebs wrote about the stolen credit card data today:

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The Two-Way
7:58 pm
Fri January 10, 2014

$1.35 Billion In Losses Reported By Nevada's Major Casinos

Large casinos in Nevada are continuing their losing streak, reporting more than a billion dollars in losses for the most recent fiscal year. Here, a view of Paris Las Vegas, a hotel and casino located on the Las Vegas Strip.
John Gurzinski AFP/Getty Images

Nevada's big casinos are on a losing streak. For the fifth straight year, the state's largest casinos are reporting net losses – in this case, a total of $1.35 billion in the most recent fiscal year. That's the news from a report released by the Nevada Gaming Control Board Friday, which focuses on casinos that gross at least $1 million in gaming revenue.

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It's All Politics
7:27 pm
Fri January 10, 2014

Will Bad Jobless Data Spur Action On Unemployment Insurance?

Senate Majority Leader Harry Reid, D-Nev., cited the bad December jobless numbers as a reason Congress should extend federal unemployment insurance.
J. Scott Applewhite AP

Just as the Senate seemed to descend into another round of partisan gridlock, this time over extending emergency jobless benefits, the arrival of a surprisingly weak December jobs report raised the pressure on Congress to act.

The question is whether news that the economy created a mere 74,000 jobs last month — far fewer than the 200,000 forecasters predicted — delivered enough of a jolt to Capitol Hill, where what seemed like bipartisan progress on the issue early in the week had reverted to partisan nastiness.

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The Two-Way
6:28 pm
Fri January 10, 2014

N.J. Bridge Scandal: New Emails And Documents Are Released

Newly released documents depict officials discussing the controversial September closure of several lanes leading to the George Washington Bridge from Fort Lee, N.J. Here, the New Jersey side of the bridge, which leads to New York City, is seen Thursday.
Andrew Burton Getty Images

A New Jersey State Assembly committee released a trove of documents Friday that shed more light on the bridge lane-closure scandal that is embroiling Republican Gov. Chris Christie's administration. The panel is seeking details on what's seen as an act of political retribution, which targeted the Democratic mayor of Fort Lee, N.J. It obtained the documents under a subpoena.

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U.S.
5:32 pm
Fri January 10, 2014

Marijuana 'Hash Oil' Explodes In Popularity, And Kitchens

Jim Andersen displays butane hash oil at a marijuana growing facility in Seattle in April 2013. The state's licensed producers will be required to use professional-grade equipment when making the extracts.
Elaine Thompson AP

Originally published on Fri January 10, 2014 7:19 pm

If you think the recent liberalization of marijuana laws around the country is only about smoking leaves and buds, think again. For users younger than 25, "hash oil" is where it's really at. This concentrated resin of marijuana is creating new public safety headaches — even in places where it's legal.

There have always been forms of the substance, but the resins available today are much stronger than in years past. That's due in part to the expertise developed by medical marijuana producers, who have learned how to make more potent versions of the oil.

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Planet Money
5:31 pm
Fri January 10, 2014

How A Community Bank Tripped On Footnote 1,861 Of The Volcker Rule

Originally published on Fri January 17, 2014 12:05 pm

When people talk about the Volcker Rule, they often mention JPMorgan Chase, the giant bank where a trader recently made a bad bet that lost $6 billion. The Volcker Rule is supposed to put an end to that sort of thing, by prohibiting banks from trading with their own money.

But some banks that are very, very different from JPMorgan Chase are struggling with an obscure provision in the rule. Specifically, footnote 1,861, which bars banks from investing in something called trust-preferred securities — a rather obscure investment favored by lots of small, community banks invest

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Commentary
5:31 pm
Fri January 10, 2014

Week In Politics: Christie Scandal & The War On Poverty

Originally published on Fri January 10, 2014 7:19 pm

Transcript

ROBERT SIEGEL, HOST:

It's time now for our weekly political talk with columnists David Brooks of the New York Times and E.J. Dionne of The Washington Post and the Brookings Institution. Hello to both of you.

DAVID BROOKS: Hello.

E.J. DIONNE: Great to be with you.

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Politics
5:30 pm
Fri January 10, 2014

In Christie Scandal, A Question Remains: Who Was The Target?

Originally published on Fri January 10, 2014 7:19 pm

New Jersey Gov. Chris Christie's lengthy mea culpa has not put an end to the scandal surrounding lane closures on the George Washington Bridge. He continues to face the fallout from a scandal that has received national coverage.

The Two-Way
5:09 pm
Fri January 10, 2014

Dying Stars Write Their Own Swan Songs

This composite image shows new details of the aftermath of a massive star that exploded and was visible from Earth over 1,000 years ago.
Chandra X-ray Observatory Center NASA

Originally published on Fri January 10, 2014 7:48 pm

Alicia Soderberg studies the death of stars. Often, these final moments come as violent explosions known as supernovae. They're spectacular events, but catching one as it unfolds can be tricky.

"You have to be in the right place at the right time, and often we're not," says the professor in Harvard's astronomy department. "So all you can do is do a stellar autopsy and go back and try to pick up the pieces and try to figure out what happened."

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Politics
5:09 pm
Fri January 10, 2014

Minimum Wage Fight Takes Shape Across The Map

Trish Gallagher holds a sign for passing motorists to read during a demonstration in support of a higher minimum wage near a Burger King in Boston on Dec. 5. Massachusetts is one of several states considering a minimum wage ballot measure.
BRIAN SNYDER Reuters/Landov

Originally published on Fri January 10, 2014 7:19 pm

You never know where you might find a volunteer with a clipboard looking for signatures trying to get a voter referendum on the local ballot – like Ed Flanagan in the town of North Pole, Alaska.

"I'm out in what's called the North Pole transfer station. This facility has about 50 metal dumpsters arranged in a fenced area. Folks back up and throw their household trash in there. This is a very busy place," he says.

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