Business

2:15pm

Tue January 24, 2012
Energy

Foreign Oil Imports Drop As U.S. Drilling Ramps Up

Originally published on Tue January 24, 2012 4:07 pm

Natural gas is burned off next to an oil well being drilled at a site near Tioga, N.D., in August. U.S. oil production started increasing a few years ago and is predicted to continue to rise, reducing the country's dependence on oil imports.
Karen Bleier AFP/Getty Images

Since President Obama took office, the U.S. has made considerable progress in overcoming a problem that has bedeviled presidents since Richard Nixon — dependence on foreign oil.

When U.S. oil dependence peaked at 60 percent in 2005, then-President George W. Bush said the country had a serious problem and was "addicted to oil."

Oil imports were down to 49 percent in 2010, and the Energy Information Agency predicted Tuesday that imports would drop to 36 percent by 2035.

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10:32am

Tue January 24, 2012
Business

Davos: A Super Bowl For Smart, Rich People

A guard stands next to a logo of the World Economic Forum at the Congress Center in the Swiss resort of Davos.
Fabrice Coffrini AFP/Getty Images

When winter reaches its dreariest depths each year, Americans cheer themselves by planning Super Bowl parties. They want to reconnect with friends, eat, drink and share observations about who is likely to win — or lose.

But if you are very smart or very rich or even better, both — then you break up the mid-winter blahs by going to Davos.

That's the Swiss town where the financially, intellectually and politically powerful convene each year to reconnect with friends, eat, drink and share observations about winning and losing.

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3:00am

Sat January 21, 2012
Law

Privacy Lawyers Process Megaupload Copyright Case

The Justice Department's massive copyright case against the file-sharing website Megaupload.com had the Internet world hopping this week. But it also got lawyers talking, about the scope of a criminal investigation that spanned eight countries and the hard-nosed tactics that the government deployed.

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1:29pm

Fri January 20, 2012
Business

Northern Colorado Rolling out Help Wanted Signs

Creative Commons

Recent economic forecasts have predicted a slow, but steady pace of growth for the Northern Colorado area in 2012. But things are already off to a brisk pace. On Friday, Englewood, CO-based customer-service company TeleTech Holdings Inc. announced plans to open a state-of-the-art call center in Greeley.

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1:21pm

Fri January 20, 2012
Law

5 Questions, Answers About The Megaupload Case

Originally published on Fri January 20, 2012 2:30 pm

Megaupload founder Kim Dotcom, also known as Kim Schmitz, in an Auckland, New Zealand, court Friday.
TV3 AFP/Getty Images

The arrests of four executives of Megaupload, a major Internet file-sharing site, have triggered an online backlash, and raised fresh questions about electronic piracy and copyright violations. What's behind the controversy? NPR asked two experts to help clarify the facts behind the arrests.

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