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Keating
Federal prosecutors say they will retry both Charles Keating and his son (Charles Keating, III) now that their convictions on federal fraud chages have been set aside by a federal judge. The elder Keating became a symbol of the Savings and Loan debacle after federal regulators seized Keating's Lincoln S&L, which cost taxpayers an estimated $2.6 billion. The convictions were overturned because members of the jury knew of and improperly discussed the elder Keating's earlier conviction on state fraud charges. That conviction has also been overturned.
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3:26
Tax Cuts
Talk of tax cuts continues to dominate both chambers of Congress. The tax writing committee of the House this week approved a second phase of President Bush's proposed $1.6 trillion package of tax cuts, this one eliminating the so-called marriage penalty and increasing the child tax credit. But on the Senate side, talk turned to another concept -- the granting of a swift tax rebate that might pump new money into the consumer economy relatively quickly. No sooner did one Republican mention the idea than several leading Democrats adopted it. NPR's Steve Inskeep reports.
Tax Rebate
NPR's David Welna reports on the Democratic tax-cut proposal. Led by Senate Minority Leader Tom Daschle, Democrats are pushing for a $300 rebate to every taxpayer (and a $600 rebate to every couple), using about $60 billion from the budget surplus. They are also proposing an immediate cut in the lowest tax rate. Their proposal would be separate from President Bush's signature $1.6 trillion tax-cut plan, and Republicans fear that such a proposal would take the momentum away from Mr. Bush's program.
CDC warns parents about outbreak of rare hepatitis in kids — but what's causing it?
At least 6 kids have died in the U.S. and several others have required organ transplants.
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5:35
Guitarist Behind 'Canon' Video Revealed
In the past eight months, a video of a young guitarist playing a modern version of Johann Pachelbel's Canon in D Major has become a sensation on the Internet. The video has been viewed on YouTube.com more than 7.6 million times -- but nobody knew the identity of the guitarist. Recently, that changed.
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0:00
New Oil Source Tapped in Gulf of Mexico
Chevron and two other oil companies announce that they have successfully tested a new oil well deep in the Gulf of Mexico. An exploratory oil rig, drilling to a record-setting depth and pressure, flowed at a rate of 6,000 barrels of crude oil per day, and the find has the potential to be a significant new energy source.
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Koppel Prepares to Leave the Anchor's Desk
After 25 years as the host of ABC's Nightline, news anchor Ted Koppel is retiring. Nightline started out in March 1980 as extended news coverage of the hostage crisis in Iran. Koppel has won 37 Emmys and 6 Peabody Awards, as well as many other honors.
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Poliça, Live In Concert
Hear lead singer Channy Leaneagh and the rest of this exciting Minneapolis band recorded live at the 9:30 Club on Nov. 6, 2013.
Oscar Ballot Counters Hide Away to Tally Winners
Every year, the week of the Oscars, Brad Oltmanns and Rick Rosas, partners at PricewaterhouseCoopers, and about 12 counters go to an undisclosed location in Southern California and hand count all 6,000 ballots. It takes the team about three days to determine the Academy Award winners.
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Pilot of Enola Gay Had No Regrets for Hiroshima
Paul Tibbets, who piloted the plane that dropped the first atomic bomb, has died at age 92. On Aug. 6, 1945, Tibbets' B-29 dropped the nearly five-ton bomb on the Japanese city of Hiroshima. Tibbets always insisted that he did not have regrets.
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