An online video, urging Africans to save Norwegians from frostbite, has gone viral. The tongue-in-cheek spoof features South Africans singing about sending radiators to Norway. The filmmakers hope to take on stereotypes of Africa that are reinforced by charities and the media. Host Michel Martin speaks to Erik Evans, one of the video's creators.
The Bush-era tax cuts are taking center stage on discussions about deficit reduction. But the payroll tax holiday is also at risk, which could cost the typical family $1,000 a year. Host Michel Martin talks with The Wall Street Journal's Sudeep Reddy about the fiscal cliff and how the outcome could affect consumers.
The city of Nacogdoches has renamed its public library to honor a public servant. Judy B. McDonald, the wife of the late commentator Archie McDonald, sat on the city commission for a decade before serving as Nacogdoches’ mayor for eight years. During that time she was staunch supporter of the library, always voting to keep its budget on par with other city services. At the dedication ceremony, McDonald said there was a reason why it needed the utmost defense.
As the White House and Congress debate how to steer clear of the fiscal cliff, one obstacle is the president's insistence that the wealthy should pay more in taxes. And one way that could happen is through changing the rules for dividends and capital gains.
If you own a share of stock in a company today, when the company pays out a dividend, the most you're taxed is 15 percent. And if you decide to sell the stock and cash out, you'd also pay 15 percent on your profits — the capital gains.
Saying that the British news media have "caused real hardship and, on occasion, wreaked havoc with the lives of innocent people whose rights and liberties have been disdained," the judge appointed to sort out the mess after the U.K.'s tabloid scandal has recommended creation of an independent watchdog. It would be charged with "promoting high standards of journalism and protecting the rights of individuals."
In Britain, Brian Leveson, the judge who has spent eight months probing tabloid news excesses, has just issued his suggestions for reigning in Britain's sometime-rambunctious press. Prime Minister David Cameron ordered the wide-ranging inquiry in the wake of revelations of illegal phone-hacking at the Murdoch-owned News of the World and other newspapers. The victims included actors Hugh Grant and Sienna Miller, as well as the parents of a murdered teenager and other crime victims.