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National Public Radio - Business News
Oracle Names Ex-HP CEO Mark Hurd Co-President Oracle Corp. has announced that former Hewlett-Packard Co. CEO Mark Hurd is joining the database software maker as co-president. Oracle said in a statement Monday that Hurd will also serve as a member of the board of directors. He will report to CEO Larry Ellison. Wind Power Wanes With Fading Federal Incentives Wind power, one of the largest segments of the renewable energy market, will experience a sharp decline in growth this year. The slowdown comes as a surprise because the stimulus bill included $43 billion for energy projects -- a big boost for renewable forms of electricity. Obama Seeking $50 Billion For Infrastructure The investments in the nation's roads, railways and runways are part of a package of targeted proposals that must be approved by Congress, which is highly uncertain at a time when many legislators and voters are worried about adding to federal deficits. Why Aren't Employers Hiring? The unemployment rate rose to 9.6 percent last month, with big political implications ahead of November elections. If the job market is ever to improve, employers will have to start feeling a lot more confident about where the economy is going. So what will it take for them to create jobs? Professor Campaigns For Energy-Saving White Roofs Professor Hashem Akbari of Concordia University in Montreal is on a mission to get the world's largest cities to turn at least some of their municipal building roofs white. His program is called "A Hundred Cool Cities." New York has signed up. Philadelphia is thinking it over. World Markets Rise As Double-Dip Fears Ease Stock markets in Asia and Europe were hitting their highest levels in a month Monday. The main reason for the new highs, analysts say, is the U.S. economy. Last week's job numbers in the U.S. were not quite as bad as many had predicted. That's giving global investors some confidence that the U.S. is not headed into a double-dip recession. Street Parking In Washington D.C. Goes High Tech Cities are starting to update a critical public service: on-street parking. Washington, D.C. is in the vanguard of this new parking shift. Officials are working with private companies -- trying out five different technologies to collect parking revenue. As Clock Ticks, Lawmakers Revisit Bush Tax Cuts The debate over President Bush's 2001 and 2003 tax cuts heats up this fall as Congress considers the marginal rate reductions, estate tax relief and lower rates on investment income set to expire Jan. 1. At stake: trillions of dollars and tax-cutting reputations heading into the midterm elections. Series Overview: Bush Tax Cuts And Beyond The clock is ticking on one of President Bush's most controversial legacies. The tax cut packages enacted in 2001 and 2003 will soon expire. In a new series, NPR lays out the policy and politics behind the debate to extend them, and looks at how taxes affect individuals, corporations and states. Next Up For The Economy: Small-Business Tax Cuts? This is an unsettled time in the American economy. Last week, the stock market rose, but so did the unemployment rate. The nation lost jobs overall, but the number of private-sector jobs was up. One thing everyone can agree on, though: The recovery has slowed. And this week, President Obama will unveil a new economic package including tax cuts for small businesses. The price tag: as high as $300 billion. Goodies
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