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Business
3:00 am
Wed March 7, 2012

Lehman Exits Chapter 11, To Pay Creditors

When Lehman Brothers collapsed in 2008, it was the largest bankruptcy in U.S. history. More than three years later, Lehman is emerging from Chapter 11. The firm is really just back in business to liquidate itself. Lehman has about $65 billion in assets that it intends to distribute among its many creditors starting next month.

Business
3:00 am
Wed March 7, 2012

The Last Word In Business

Originally published on Wed March 7, 2012 6:10 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business today is: culinary frontiers.

When companies come into foreign markets, they often devise products that reflect local tastes - kosher Big Macs in Israel, for instance. So with Dunkin Donuts aiming to nearly double its outlets in China, it has come up with pork donuts.

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Election 2012
3:00 am
Wed March 7, 2012

3 Candidates Split Super Tuesday Wins

Mitt Romney won six of the 10 Super Tuesday contests. Rick Santorum won three while Newt Gingrich won one. Ron Paul was the only candidate who did not win at least one contest.

Politics
3:00 am
Wed March 7, 2012

Obama Counters Republican Strategies On Iran

President Obama held a wide-ranging news conference Tuesday. He bluntly challenged Republican critics of his Iran policy — saying the stakes are too high to let politics intrude. The news conference was designed to steal some of the spotlight from GOP presidential hopefuls on Super Tuesday.

Election 2012
3:00 am
Wed March 7, 2012

Santorum Losses In Ohio But Picks Up 3 Wins

GOP presidential candidate Rick Santorum won three Super Tuesday contests: Oklahoma, North Dakota and Tennessee. He just missed in Ohio. Mitt Romney went on to win there.

Business
3:00 am
Wed March 7, 2012

Brazil Becomes World's Sixth Largest Economy

Another year of growth was enough to edge Brazil past the stagnant United Kingdom in global economic rankings. Agriculture and food processing were the big areas of growth for Brazil.

Business
3:00 am
Wed March 7, 2012

Stanford Convicted In $7 Billion Ponzi Scheme

In Houston Tuesday, a federal jury convicted Texas financier R. Allen Stanford of running a massive Ponzi scheme. Jurors agreed with prosecutors, who claimed he ran a global scheme that lasted more than 20 years and involved more than $7 billion in investments.

Election 2012
3:00 am
Wed March 7, 2012

Romney Wins Ohio, A Pivotal Battleground State

Originally published on Wed March 7, 2012 5:37 am

Transcript

RENEE MONTAGNE, HOST:

Perhaps it's fitting that the state that kept everyone up late last night, waiting for results, was Ohio. It's a swing state, and it seems every four years, in the fall, Ohio becomes the center of attention in a presidential election.

This year, as NPR's Tamara Keith reports, it just happened a little earlier.

TAMARA KEITH, BYLINE: Talk to Ohio voters - Republicans and Democrats alike - and there's one issue that rises above all the others.

MARVIN HAYWOOD: Number one: our economy.

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It's All Politics
11:50 pm
Tue March 6, 2012

In Ohio, Kaptur Beats Kucinich; Schmidt Upset By Wenstrup

Rep. Dennis Kucinich thanks his wife Elizabeth during his concession speech, Cleveland, OH, Tuesday, March 6, 2012.
Amy Sancetta AP

The race between two veteran Ohio Democrats, Rep. Marcy Kaptur and Rep. Dennis Kucinich who were redistricted into the same congressional district ended badly for Kucinich who lost to his fellow House Democrat.

Meanwhile, the House Republican Conference will lose Rep. Jean Schmidt, who was defeated by Brad Wenstrup, a podiatrist and Iraq War veteran, in an upset.

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Energy
11:01 pm
Tue March 6, 2012

Is U.S. Energy Independence Finally Within Reach?

A worker hangs from an oil derrick near Williston, N.D. The state now produces 500,000 barrels of crude oil per day, and production continues to rise.
Gregory Bull AP

Originally published on Wed March 7, 2012 7:17 pm

Rising gas prices have been the big energy story of the past several weeks. But many energy experts say that's a sideshow compared with the really big energy event — the huge boom in oil and natural gas production in the U.S. that could help the nation reach the elusive goal of energy independence.

Since the Arab oil embargo of 1973, energy independence has been a Holy Grail for virtually every American president from Richard Nixon to Jimmy Carter to Barack Obama.

But now, it might just be within reach.

The Shale Gale

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