It was another busy year for federal authorities pursuing insider trading cases. Seventy-five people have now been charged in the last three years, and investigators say that success comes largely from their decision to attack insider trading the way they take down the Mafia and drug cartels — with tools such as wiretaps, informants and cooperators.
The story behind how the government decided to go after insider trading as hard as it goes after the mob is really just a story about dead ends.
It used to be said that only old men drink rye, sitting alone down at the end of the bar, but that's no longer the case as bartenders and patrons set aside the gins and the vodkas and rediscover the pleasures of one of America's old-fashioned favorites.
Whiskey from rye grain was what most distilleries made before Prohibition. Then, after repeal in 1933, bourbon, made from corn, became more popular. Corn was easier to grow, and the taste was sweeter.
In Newtown, Conn., Christmas is very different this year, a little more than a week after the shooting at an elementary school. Eight families that attend St. Rose of Lima Catholic Church lost children to the tragedy. Parishioners came to Christmas masses there seeking solace, and priests gave a message of hope and comfort.
This is MORNING EDITION from NPR News. I'm David Greene.
In upstate New York yesterday, a gunman ambushed firefighters as they were responding to a house fire in the suburban town of Webster. Sixty-two-year-old William Spengler killed two firefighters and injured two others before he took his own life. Police believe that Spengler set the fire to lure the firefighters to the scene. NPR's Joel Rose has been covering the story and he joins us now.
An Army brigade from Fort Riley, Kan., some 4,000, soldiers, will begin helping to train African militaries. The idea is to help African troops beat back a growing terrorist threat posed by al-Qaida.
The American troops will head over in small teams over the course of the next year. The Dagger Brigade returned to Kansas last year from a deployment to Iraq, where it trained and advised that country's security forces.
Throughout the debate over taxes and the "fiscal cliff," there's been a lot of looking backward — to the 1990s. The economic expansion of the 1990s was the longest in recorded American history.
Democrats say the economy thrived under the leadership of President Bill Clinton, including his tax rate increase on high earners. Republicans say government didn't spend as much then and that growth didn't really take off until the GOP took control of Congress in 1995.
So what actually happened in the '90s? What made them tick?
Former Republican Sen. Chuck Hagel of Nebraska is said to be on President Obama's short list to be the next defense secretary. But even the possibility of his nomination has stirred up opposition — particularly from members of his own political party.
If Hagel can survive a political ambush in Washington, he would be the first Pentagon chief who saw combat as an enlisted soldier.
The blunt-spoken Hagel favors deeper cuts in military spending and is wary of entangling America in long overseas missions.