Originally published on Thu December 20, 2012 1:34 pm
The New York Stock Exchange will be acquired by IntercontinentalExchange of Atlanta in a deal valued at about $8.2 billion, the two rivals confirmed Thursday morning.
In matching press releases, they say the sale "combines two leading exchange groups to create a premier global exchange operator diversified across markets including agricultural and energy commodities, credit derivatives, equities and equity derivatives, foreign exchange and interest rates."
Originally published on Thu December 20, 2012 11:26 am
A winter storm that has brought blizzard conditions to parts of the Upper Midwest from Iowa into Minnesota and Wisconsin has authorities urging folks to stay off the roads and airlines warning of flight delays at Chicago's O'Hare and other airports in the region.
In 1984, the Portland Trail Blazers chose Sam Bowie, a 7-foot-1 center from the University of Kentucky, with the second pick in the college draft. The Chicago Bulls then took Michael Jordan.
The words "Bowie over Jordan" are part of pro basketball lore, and are still a source of pain for many fans of the NBA's Portland Trail Blazers. Bowie's tenure in Portland was marred by leg injuries; Jordan became a legend. ESPN recounts it all in a documentary about Bowie on Thursday night.
Are we headed over that "cliff" of automatic spending cuts, tax increases and expiring job benefits? Or are President Obama and House Speaker John Boehner, R-Ohio, closer to a deal than they're letting on in public?
This was a strange and wonderful year for young adult fiction — but also a confused and divisive one. We learned that 55 percent of young adult fiction was read by adults. Debates raged over what constituted a young adult novel versus an adult novel. Apologetic grown-ups sneaked into the teen section of the bookstore, passing subversive teens pattering into the adult paranormal and literature and mystery shelves.
Good morning. I'm David Greene. It's the dawn of a new era at the Big Pit National Coal Mining Museum. The former mine in Wales celebrates the fossil fuel that sparked the Industrial Revolution. Now it's embracing solar energy. Renewable Energy World reports that 200 newly installed solar panels could save the property as much as $650,000 over 25 years on power. Put another way, the museum celebrating coal won't have to dig so deep to pay the electric bill. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
Good morning. I'm Steve Inskeep, honoring a devoted lawmaker. Some officials are slammed for missing votes, but Vyacheslav Osipov was there for vote after vote - or not precisely there. This member of Russia's parliament voted on 31 different measures, despite being dead. The rules allowed other lawmakers to cast votes for him by proxy. He is now off the voting roles, but set a political milestone. Usually the dead only vote to get people into office. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.
And today's last word in business is something many equate to being as fun as doing taxes - dental work. A dentist in Sweden is offering $45 gift cards. It's an effort to entice 20-somethings who've stopped coming in for cleanings now that they're living on their own. That gift may go over as well as Hermey the elf's ambitions in the 1964 TV special, "Rudolph the Red Nose Reindeer."
CARL BANAS: (as Head Elf) What? You don't like to make toys?