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The Two-Way
7:04 am
Tue October 30, 2012

Latest On Sandy: Death Toll, Damages Rise As Superstorm Heads North

Debris and sections of a destroyed boardwalk in Atlantic City, N.J., earlier today.
Mario Tama Getty Images

Originally published on Wed October 31, 2012 7:16 am

Sandy, the hurricane-turned-superstorm, has left dozens dead, millions without power and thousands in need of rescue from rising waters as it slowly moves north and west from the Mid-Atlantic to pass over the Great Lakes and into Canada.

According to The Associated Press, storm damage was projected at $20 billion, "meaning it could prove to be one of the costliest natural disasters in U.S. history."

Sandy has also taken a huge human toll: More than 30 deaths since the weekend and millions more coping with damaged homes, crippled transportation systems and no power.

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Intelligence Squared U.S.
6:03 am
Tue October 30, 2012

Are The Rich Taxed Enough?

Panelists Glenn Hubbard (left) and Arthur Laffer argue for the motion "The Rich Are Taxed Enough."
Samuel LaHoz

Originally published on Tue October 30, 2012 7:07 am

Tax policy has been a divisive theme throughout the presidential campaign. At the core of the debate are divergent philosophies about what the economy needs — and how to get it.

In this Oxford-style debate from Intelligence Squared U.S., a panel of experts dissects the motion "The Rich Are Taxed Enough." The term "enough," in this case, is determined by three factors: fairness, sufficiency and efficiency.

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It's All Politics
10:36 pm
Mon October 29, 2012

NPR Poll Finds Presidential Race Too Close To Call

A new NPR poll shows the outcome of the Nov. 6 election is too close to call. Mitt Romney leads President Obama nationwide; Obama leads Romney in key battleground states. Both leads are within the poll'€™s margin of error.
Pablo Martinez Monsivais AP

Originally published on Tue October 30, 2012 1:20 pm

The latest and last NPR Battleground Poll for 2012 shows former Massachusetts Gov. Mitt Romney holding the narrowest of leads in the national sample, but trailing President Obama in the dozen states that will decide the election.

The poll adds evidence that the Oct. 3 debate between the two men redefined the race. But the movement toward Romney that emerged after that night in Denver also seems to have stalled after the race drew even — leaving the outcome difficult to call.

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The Two-Way
6:36 pm
Mon October 29, 2012

Hurricane Sandy: The Scene From Kitty Hawk, N.C.

The water in Kitty Hawk, N.C. rose quickly.
Doug Smith

Originally published on Mon October 29, 2012 7:27 pm

Doug Smith and his girlfriend Trenor Bender thought the worst of Hurricane Sandy had passed them by when they looked out the windows in the wee hours today. At their rental home, three rows back from the beach in Kitty Hawk, North Carolina, there was no water in the yard at all at 3:30 this morning. But that didn't last.

"When I woke up, I couldn't believe it," says Smith of the view just a few hours later, "I saw this sheet of water on the ground."

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All Tech Considered
6:14 pm
Mon October 29, 2012

Why Is This Supercomputer So Superfast?

Cray employees put the finishing touches on Titan at the Department of Energy's Oak Ridge National Laboratory in Tennessee. The supercomputer may be the world's fastest. It's designed to do 20 petaflops — or 20,000 trillion calculations — each second. It consumes enough electricity to power a small city of 9,000 people.
Courtesy of Nvidia

Originally published on Wed October 31, 2012 4:46 pm

The world's fastest supercomputers have come back to the U.S. In June, the title was claimed by a machine named Sequoia at Lawrence Livermore Labs. Monday, at the Department of Energy's Oak Ridge National Laboratory, what could be an even faster computer comes online. It's called Titan and it would not have been possible were it not for the massive market for video games.

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The Two-Way
5:37 pm
Mon October 29, 2012

Penguin, Random House Announce Merger

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

Originally published on Tue October 30, 2012 11:32 am

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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World Cafe
5:13 pm
Mon October 29, 2012

Next: People Get Ready

People Get Ready.
Courtesy of the artist

Originally published on Mon October 29, 2012 6:10 pm

  • Hear two new tracks by People Get Ready

The Brooklyn band People Get Ready has been combining music and performance art since 2009, when the group first performed at The Kitchen's Dance and Process series in New York. The band released its self-titled debut earlier this month, and it's a fine collection of harmony-rich pop.

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The Two-Way
4:42 pm
Mon October 29, 2012

Hurricane Sandy's Economic Impact Likely To Be Immense

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

Originally published on Mon October 29, 2012 5:12 pm

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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It's All Politics
4:38 pm
Mon October 29, 2012

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

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

Originally published on Mon October 29, 2012 6:02 pm

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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Around the Nation
4:38 pm
Mon October 29, 2012

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

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

Originally published on Tue October 30, 2012 11:42 am

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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