2:48pm

Mon October 29, 2012
The Two-Way

Penguin, Random House Announce Merger

Originally published on Tue October 30, 2012 8:32 am

Bertelsmann and Pearson announced Monday that they were merging their book publishing arms, Random House and Penguin. The new firm will be called Penguin Random House.
Timur Emek dapd

There's big news in the world of publishing: The two conglomerates that own Random House and Penguin announced Monday that they were merging their book businesses to form a new company.

German media company Bertelsmann, the owner of Random House, will own 53 percent of the new firm, Penguin Random House; Pearson, which owns Penguin, will control the rest. The merger, subject to regulatory approval, is scheduled to be completed in the second half of 2013.

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1:42pm

Mon October 29, 2012
The Two-Way

Hurricane Sandy's Economic Impact Likely To Be Immense

Originally published on Mon October 29, 2012 2:12 pm

Waves crash over a road as Hurricane Sandy comes up the coast Monday in Winthrop, Mass. Economists are predicting the storm will cost tens of billions of dollars.
Darren McCollester Getty Images

Economists will need many days — maybe weeks or months — to assess the financial harm being done by Hurricane Sandy. But whatever the final figure, it will be huge, well into the tens of billions of dollars.

More than 60 million Americans are feeling the impact of the weather monster slamming New York, New Jersey, Maryland, the District of Columbia, Virginia, Connecticut, Pennsylvania and many other states. The howling mix of wind, rain and snow is causing massive direct losses, i.e., the destruction of private homes, stores, boats and cars.

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1:38pm

Mon October 29, 2012
Around the Nation

Want To Be Rich? Be Lucky, Know The Right People

Originally published on Tue October 30, 2012 8:42 am

Michael and Amy Tiemann estimate their personal wealth at about $25 million — and say luck played no small part in their financial success.
Art Silverman NPR

As the presidential campaign has unfolded, the candidates have traded polemics about wealth, class warfare, dependency and the role of government.

And while it may be uncomfortable to admit, some Americans are simply more financially successful than others. But why do some achieve wealth, while others struggle? And what do we think explains our prosperity — or lack thereof?

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1:38pm

Mon October 29, 2012
It's All Politics

Pew Poll: Race Evens Up, But Romney Holds Turnout Advantage

Originally published on Mon October 29, 2012 3:02 pm

Mitt Romney speaks Monday at a campaign event at Avon Lake High School in Avon Lake, Ohio.
Tony Dejak AP

A poll released Monday by the Pew Research Center shows that President Obama has failed to regain much of the support he lost in the days after the first presidential debate.

The poll shows that among likely voters, the race is now a statistical dead heat with both Obama and Mitt Romney receiving 47 percent support. Among registered voters there is what Pew calls a "statistically insignificant two-point edge" of 47 percent to 45 percent for Obama.

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1:31pm

Mon October 29, 2012
Arts & Culture

Today's Local Music: The Hotsy Totsy Hillbilly Jazzbos

Today we’re featuring The Hotsy Totsy Hillbilly Jazzbos of Alameda. They play a mix of Hot Jazz and Country-Western, along with songs that were popular way back in the 1930s. They’re performing tomorrow, October 30, at Julie’s Coffee & Tea House in Oakland starting about 7pm.   

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1:24pm

Mon October 29, 2012
Law

Despite Hurricane, Justices Hear Surveillance Case

Originally published on Mon October 29, 2012 3:22 pm

The rest of the government may have been shut down for the hurricane, but not the U.S. Supreme Court.

The justices were in court Monday to consider a challenge to the 2008 Foreign Intelligence Surveillance Act, known as FISA. The new law broadly expanded the government's ability to conduct large-scale monitoring of international phone calls and emails to and from people in the United States.

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1:17pm

Mon October 29, 2012
Shots - Health News

After Smoking Is Banned, Heart Attacks Drop

Originally published on Mon October 29, 2012 1:33 pm

When smoking is banned in bars and workplaces, the number of people who suffer heart attacks and die drops within months, according to two new studies.

They found benefits not only in saving lives, but in lowering the cost of medical care for heart attacks, stroke and other smoking-related illnesses. It's the best evidence yet demonstrating big, swift health improvements when secondhand smoke is banished.

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1:10pm

Mon October 29, 2012
Around the Nation

Risks Rise With Hurricane Sandy's Surge

Originally published on Tue October 30, 2012 5:17 am

Waves crashed over a road in Winthrop, Mass., as Hurricane Sandy moved toward coastal areas Monday.
Darren McCollester Getty Images

Hurricane Sandy may be grinding closer to the East Coast with 90 mph winds and torrential rains, but the most devastating aspect is likely to be storm surge.

Simply put, storm surge is wind-driven water that is forced against the shore, piling up in low-lying areas where it can cause dangerous flooding. A number of factors can make storm surge worse: a massive storm with high winds headed straight for a region full of shallow coastal bays and inlets.

Sandy seems to have them all, says Chris Landsea, science and operations officer at the National Hurricane Center.

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12:38pm

Mon October 29, 2012
It's All Politics

Supreme Court Soldiers On, Despite Sandy

Originally published on Mon October 29, 2012 3:34 pm

While the rest of the federal government shut down Monday, the U.S. Supreme Court was open for business as usual — at least long enough to hear two cases argued.

It is hardly the first time that the high court was the macho guy in town, staying open when the rest of the government was closed. The reason appears to be tradition, albeit a modern tradition.

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12:20pm

Mon October 29, 2012
It's All Politics

Obama And Romney Respond To Sandy With Election (And Katrina) In Mind

Originally published on Mon October 29, 2012 12:48 pm

President Obama walks toward the White House on Monday after returning to Washington to monitor the government response to Hurricane Sandy.
Jacquelyn Martin AP

Thanks to Hurricane Sandy, the week before Election Day is certainly not turning out the way anyone expected, especially the presidential candidates.

President Obama and Mitt Romney found themselves ditching their schedules for the start of the week as they responded to exigencies created by the massive hurricane raking the U.S. Eastern Seaboard.

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