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Around the Nation
1:00 pm
Tue December 27, 2011

Northeast Winter Lovers Suffer Through Warmth

It's been another warm, rainy day in much of the Northeast, with temperatures in some areas topping 40 degrees. If you hate shoveling snow, or paying big heating bills, that's good news. But for people who love winter sports — and for thousands of businesses that rely on snow for winter tourism — this month's October-like weather has been painful.

Middle East
1:00 pm
Tue December 27, 2011

Arab League Monitors Visit Besieged Syrian City

Arab League monitors visited the central city of Homs, an opposition stronghold, besieged and under bombardment by the Syrian army until the monitors showed up. Syrian army armor was withdrawn from the city streets ahead of the visit, but activists say they expect a resumption of the army offensive as soon as the monitors leave. They also complain that they have not been allowed to meet with the Arab League team.

Planet Money
12:51 pm
Tue December 27, 2011

The Undertakers Of The Retail Industry

Credit Joe Raedle / Getty Images

When the internet kills a big box retailer, Gordon Brothers is the undertaker.

"They're stuck with selling the things that are inside the box," says bankruptcy lawyer Steve Jakubowski.

Gordon Brothers specializes in retail liquidations. When a store dies, they put on a suit, greet the guests and sell them whatever remains. And that means everything — not just books and clothing and DVDs, but shelves, lighting fixtures, even the chairs.

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The Two-Way
12:25 pm
Tue December 27, 2011

Reports: Democratic Sen. Ben Nelson Won't Seek Re-election

Credit Chip Somodevilla / Getty Images
Sen. Ben Nelson (D-Neb.).

The race for control of the Senate just got even more interesting with word from several news outlets that Sen. Ben Nelson (D-Neb.) won't be seeking re-election in 2012.

The Omaha World-Herald says "it's good news for Republicans, but incredibly bad for Democrats who need the equivalent of a Christmas miracle to keep the seat."

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The Two-Way
12:15 pm
Tue December 27, 2011

Brazil Overtakes U.K. As World's Sixth Biggest Economy

Credit Vanderlei Almeida / AFP/Getty Images
Thousands of people crowd Ipanema Beach in Rio de Janeiro, Brazil as summer gets going in the Southern Hemisphere.

Brazil is now the world's sixth biggest economy overtaking the U.K., according to the Centre for Economics and Business Research. As the Financial Times puts it, it's another milestone that's part of a larger trend where emerging economies outpace developed ones. China, they report, overtook Japan earlier this year.

The BBC explains:

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