NPR News

Pages

5:45am

Tue December 27, 2011
The Two-Way

Lost Money: $41 Billion In Gift Cards Haven't Been Redeemed Since 2005

You may have given one — or two, or three. You may have gotten one — or two, or three.

Gift cards.

The presents that show up in Christmas stockings all across America. The go-to gifts for aunts and uncles trying to please those finicky teenaged nieces and nephews. The tokens of affection that may say "I got this on the way over here."

And, also, the gifts that sometimes never get used.

Read more

5:44am

Tue December 27, 2011
Business

Company To Close Dozens Of Sears, Kmart Stores

Originally published on Tue December 27, 2011 7:53 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with Sears closing stores.

(SOUNDBITE OF MUSIC)

INSKEEP: The holiday shopping season has gone well for some retailers, but apparently not for Sears Holdings, the company that owns Sears and Kmart. It plans to shut down up to 120 stores. Sears operates 4,000 outlets in the U.S. and Canada right now. The company says Kmart sales of clothing and consumer electronics fell, and at Sears there was not much demand for home appliances.

Read more

5:36am

Tue December 27, 2011
Around the Nation

Nativity Scene Goat Makes A Run For It

A Minnesota man provided live puppies, a llama and a goat to a nativity scene, but the goat escaped. The Fergus Falls Journal reports the goat has been spotted but not caught.

5:31am

Tue December 27, 2011
Around the Nation

Ill-Gotten Gains Shouldn't Be Posted On Facebook

Isaiah Cutler, 18, is in jail accused of burglarizing a market with three friends and taking thousands in cash and merchandise. An hour later, he supposedly posted pictures of the fellows and their stash on Facebook. A relative saw the photos, alerted grandma and she called the cops.

2:00am

Tue December 27, 2011
NPR Story

Worst CEOs: A Check Up From The Head Up

Originally published on Tue December 27, 2011 7:53 am

Transcript

LINDA WERTHEIMER, HOST:

Some of the most spectacular business failings of 2011 were created or enhanced by the very people who should have provided protection against failure: the CEOs.

To tell us about some of the worst offenders, we're joined by Sydney Finkelstein, of Dartmouth College's Tuck School of Business. He is the author of "Why Smart Executives Fail."

Welcome to our program.

SYDNEY FINKELSTEIN: Thank you, Linda.

Read more

Pages