NPR News

Transcript

RENEE MONTAGNE, HOST:

Secretary of State Hillary Clinton won't be hurrying home today, along with the president, but rather she's going to Jerusalem. There, she'll meet with Israeli Prime Minister Benjamin Netanyahu, then on to meetings with Palestinians on the West Bank - and then to Cairo. The swirl of diplomatic activity is aimed at brokering a truce between Israel and Gaza. Rockets and missiles continue to fly, today, between Israel and the Hamas militants that now control Gaza.

The fiscal cliff has economists and politicians in a tailspin. The term is used to describe what will happen if Congress fails to come to an agreement on budget cuts or tax increases by the end of the year. Some say the term is inaccurate, and somewhat alarmist. Linda Wertheimer talks to linguist and Boston Globe language columnist Ben Zimmer about the origin of the term fiscal cliff.

Transcript

RENEE MONTAGNE, HOST:

And now for today's business bottom line. Last summer's drought has brought bad news this fall - low crop yields, especially of corn; plus higher prices, and a prediction from the Department of Agriculture that corn exports will be at a 40-year low. The U.S. still is the world's biggest supplier of corn. But this year, American exporters won't be quite as dominant as usual, in the global corn market. From Missouri, Abbie Fentress Swanson reports on the impact this is having.

(SOUNDBITE OF MUSIC)

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news begins with mortgage hiring.

(SOUNDBITE OF MUSIC)

WERTHEIMER: Banks are rushing to add employees to meet the demand for home loans. Low interest rates have sparked a record wave of mortgage activity, and the need for more people to process the paperwork. Mortgage employment rose by 9 percent this year, to its highest level since the financial crisis in 2008. Transcript provided by NPR, Copyright National Public Radio.

Transcript

RENEE MONTAGNE, HOST:

And today's last word in business: 'Tis the season for shopping days with names.

LINDA WERTHEIMER, HOST:

It's not just Black Friday anymore. With stores opening earlier and earlier, Black Friday is fast becoming Black Thursday. You might still go out and bargain hunt on Friday, but be warned, there's no rest for you on Saturday. There's now Small Business Saturday, when shoppers are encouraged to buy from local stores.

Scientists working on NASA's six-wheeled rover on Mars have a problem. But it's a good problem.

They have some exciting new results from one of the rover's instruments. On the one hand, they'd like to tell everybody what they found, but on the other, they have to wait because they want to make sure their results are not just some fluke or error in their instrument.

The rumors that had been around for a couple of years have finally been confirmed: At long last, there's a film in the works about the turbulent life of Nina Simone, otherwise known as the "High Priestess of Soul."

Simone was famous from the 1950s through the '70s for her music and her civil rights activism. And although she died in 2003, her voice remains popular on TV, movie soundtracks and commercials.

The Justice Department has a big decision to make.

Parts of new laws in Colorado and Washington that legalize small amounts of recreational marijuana will take effect early next month. The Obama administration needs to choose whether it will sue to stop the legislation or let those states go their own way — even though the drug remains illegal under federal law.

Colorado Gov. John Hickenlooper, a Democrat, says the message he got from voters is unambiguous.