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Business And Economy

The Takeaway

Genetically Engineering Glowing Plants

Wednesday, May 08, 2013

Are genetically engineered glowing plants the light source of the future? A group of scientists in San Francisco are betting on it. Creating glow in the dark plants is a biotechnology project that uses genetic engineering to graft the ability to emit light onto some potted plants that, up until now, have relied on the sun's light to produce energy and survive.

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The Takeaway

From Technology to Agriculture, Immigration Reform and American Workers

Tuesday, May 07, 2013

As Congress debates immigration reform, industries across the country want a piece of the pie. While tech companies lobby for programs to bring scientists and engineers to the US, farmers are looking to expand guest worker programs for more agricultural hands in the field. But how do these programs affect American workers?

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The Takeaway

Padmasree Warrior on Why She Doesn't Believe in Work-Life 'Balance'

Monday, May 06, 2013

The "Lean In" ideas of Facebook executive Sheryl Sandberg and the challenges facing tech leaders like Marissa Mayer at Yahoo have been much discussed topics over the last few months. But some voices have been lost in this conversation. In a new series, we mine the wisdom of women who have found success in an all male world and who aren't appearing on "60 Minutes" or selling advice books. Padmasree Warrior is the Chief Technology and Strategy Officer for Cisco.

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The Takeaway

Should Corporations be Required to Disclose Political Spending to Shareholders?

Thursday, April 25, 2013

A group of Democratic officials and shareholder activists has petitioned the Security and Exchange Commission to require corporations to disclose their political donations to their shareholders. David Primo, Ani and Mark Gabrellian Professor, at the University of Rochester explains his opposition to the proposed rule. Robert Jackson, a Columbia University Law School Professor, was one of the authors of the original petition asking the SEC to require political spending disclosure. 

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The Takeaway

Small Retailers Push Back on Proposed Online Sales Tax

Wednesday, April 24, 2013

The Senate remains poised to pass the Marketplace Fairness Act, which would allow states to require online retailers to collect sales taxes that could add an estimated 11 billion dollars of currently uncollected sales tax revenue. The bill exempts retailers who have under $1 million in Internet sales, but plenty of small online retailers who will be subject to this new law say it's creates an impossible burden for them.

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The Takeaway

Planning for Retirement: "The Math Doesn't Work"

Tuesday, April 23, 2013

With pension plans nearly obsolete and most employees relying on their companies' 401k plans to prepare for retirement, many Americans may not know how to invest their money into these plans and the associated costs and fees that go along with that. 

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The Takeaway

Senate to Vote on Internet Sales Tax

Tuesday, April 23, 2013

Whether you know it or not, you have a legal obligation to claim any out-of-state purchases made online on your state tax return. A bill being voted on today would change that, and make it so that all online purchases are subject to state and local taxes. 

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The Takeaway

Oregon Man Becomes the First Publicly-Traded Individual

Thursday, April 18, 2013

Entrepreneur Mike Merill decided to sell shares of himself to raise his start up cash and to whittle down his potential ideas into a viable business-- to find some direction. He set his initial share price at a dollar a share, offering a hundred thousand shares.  Initially 128 people bought shares, including Marcus Estes, who is an investor in Mike Merill's life.

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The Takeaway

How Paternity Leave Helps Families and the Economy

Wednesday, April 03, 2013

Catherine Rampell, economics reporter for our partner The New York Times, wrote a piece for this Sunday's New York Times Magazine that profiles the success of Canada in boosting its economy by incentivizing paternity leave.

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The Takeaway

Samsung Pushes Colossal Development in South Korea

Thursday, March 28, 2013

As the North Korea's leader Kim Jong-Un continues to exercise his power, South Korea is pushing forward on another, business-related front. The country is home to the world's largest smartphone maker, and its influential economic leader, Lee Kun-Hee.

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The Takeaway

A Lifeline for Cyprus

Monday, March 25, 2013

Early this morning, a deal was done that gives the small island of Cyprus a life line, and it has the financial markets breathing a little easier at the start of the working week. Richard Quest, anchor for CNN International, explains the latest on the financial crisis in Cyprus.

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The Takeaway

Older Americans Are Working Longer and Retiring Later

Tuesday, March 19, 2013

Continuing our thread this week about the changing American workplace, here's a fact about the changing American workforce: it's getting older. But the current workplace isn't set up for that kind of longevity, so workers are forced to negotiate that terrain by themselves. Susan Damour tried retiring at age 64, but less than two years later she was back in her office at the General Services Administration of the federal government. Laura Carstensen is a professor of psychology and director of the Stanford Center on Longevitiy, and she has been studying the physical and mental health benefits of working longer and retiring later. 

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The Takeaway

Bank Depositors Will Help Pay for Bailout in Cyprus

Monday, March 18, 2013

European regulators approved a bailout over the weekend, but with controversial conditions. They decided to make bank depositors in the politically troubled Mediterranean Island nation to pay for part of a $13 billion bailout.

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The Takeaway

What the Developing World Can Teach Us about Economic Growth

Wednesday, March 13, 2013

Over the last few decades, while countries like China, Brazil and India have emerged as economic powerhouses , the United States and Europe are left wringing their hands over the debt crisis and the great recession.

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The Takeaway

How Public Bonds End Up Financing Wineries, Golf Courses, and More

Tuesday, March 05, 2013

They’re called “qualified private activity bonds,” and they’re intended to encourage public works through a tax break. In reality, though, they often go to subsidize private projects—everything from a winery in North Carolina to a golf resort in Puerto Rico to the Barclays Center in Brooklyn and the offices of Goldman Sachs in New York.  Louise Story, investigative reporter for The New York Times explains how this loophole gets used.

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The Takeaway

Sequestration: Is Our Budget System Broken?

Tuesday, March 05, 2013

The United States is officially in the midst of the sequester. Lawrence White, a professor of economics at NYU's Stern School of Business, explains how sequestration will impact the economy, particularly unemployment and the markets.

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The Takeaway

Wendell Pierce of 'The Wire' and 'Treme' Hopes Groceries Can Revitalize New Orleans

Monday, March 04, 2013

Wendell Pierce, best known for his role as Bunk in the HBO series "The Wire," is starting a chain of grocery stores in New Orleans as a means of revitalizing the city.

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The Takeaway

The Desire to Be Hip Is Making All Our Cities the Same

Monday, March 04, 2013

Cities like New Orleans and Pittsburgh have benefited from major economic investments and new business models. But writer Chuck Thompson thinks this isn't always a good thing. He's the author of "Better Off Without 'Em." His latest article in The New Republic is called "Take this Microbrew and Shove It."

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The Takeaway

Want to Give Back? Get a Job on Wall Street

Thursday, February 28, 2013

According to Oxford ethicist William MacAskill, the most effective route to "making a difference" in the world is not to work for a charity but to donate loads of cash instead. And the best way to do that? Get a job on Wall Street.

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The Takeaway

Why Some in Texas See Sequestration as an Opportunity

Thursday, February 28, 2013

Most Americans can probably think of some federal programs that we could do without. But in practice, the  repercussions for each state may be drastically different, depending on their reliance of federal money.

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