Business

10:49am

Sun February 3, 2013
The Two-Way

Gun-Control Battle Spills Over To Super Bowl Ads

Mayors Against Illegal Guns, a group founded by New York City Mayor Michael Bloomberg, is airing a 30-second spot in the Washington, D.C., area calling for background checks on all gun sales.

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7:03am

Sat February 2, 2013
Planet Money

A French City Cleans Out Its Wine Cellar

Originally published on Mon February 4, 2013 8:51 am

Dijon, France
Roger Nelson / Flickr

The French city of Dijon recently raised about $200,000 by auctioning off thousands of bottles of wine from the municipal wine cellar, the FT reports.

As it turns out, lots of French cities keep wine cellars so they can serve local bottles at city receptions and give gifts of wine to visiting VIPs.

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3:26am

Sat February 2, 2013
Around the Nation

Undocumented In The U.S.: 11 Million And Counting

Originally published on Sun April 7, 2013 6:06 pm

While a vast majority of undocumented immigrants in the United States come from Mexico, many also come from Central American nations, China, parts of Africa and India.
David McNew Getty Images

There are an estimated 11 million undocumented immigrants living in the United States, and it's a number you might have heard a lot about this week from Washington lawmakers.

Since the 1970s, Jeff Passel, now senior demographer at the Pew Hispanic Center, has been keeping tabs on a group that actively tries to stay off the radar. He says many actually do participate in the census count and other surveys.

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4:02pm

Fri February 1, 2013
Economy

Pentagon Remains Big Target In Likely Budget Cuts

Originally published on Fri February 1, 2013 5:17 pm

The winding down of the war in Afghanistan and efforts to slice the budget deficit will likely mean more spending cuts for the Pentagon.
AFP/Getty Images

The economy shrunk in the fourth quarter — for the first time in three years — and one of the critical reasons was a drop in defense spending. Apparently, contractors took precautionary steps and held onto money in case the federal government failed to avert the fiscal and tax crisis known as the fiscal cliff.

But there's now a new deadline — automatic budget cuts, known as sequestration, which may hit at the beginning of March.

The Effect On Contractors

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2:32pm

Fri February 1, 2013
The Two-Way

Dow Breaks 14,000 For First Time Since 2007

Trader Frederick Reimer works on the floor of the New York Stock Exchange on Friday.
Richard Drew AP

Happy days are (or might be) here again: The Dow Jones industrial average closed above 14,000 Friday, marking the first time the stock market measure has broken that barrier at close since October 2007.

The average closed at 14,009.79. That's up more than 149 points, or about 1.1 percent for the day. The closing comes hours after the release of a new monthly unemployment report that indicated jobs grew at a faster rate late last year than previously estimated.

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