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10:38am

Tue June 5, 2012
The Two-Way

In Poll, Facebook Users Say They Are Not Swayed By Its Advertisements

Credit Emmanuel Dunand / AFP/Getty Images

It's more bad news for Facebook today. A poll by Reuters/Ipsos found that most of its users are not swayed by its advertisements.

Four out of five users surveyed said they had never bought a product based on advertising they saw on the network. What's more, the online poll revealed that "34 percent of Facebook users surveyed were spending less time on the website than six months ago, whereas only 20 percent were spending more."

Reuters reports:

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10:37am

Tue June 5, 2012
Economy

Growing Economic Inequality 'Endangers Our Future'

Originally published on Tue June 5, 2012 12:45 pm

Nobel Prize-winning economist Joseph Stiglitz grew up in Gary, Ind. — a city that has weathered many economic storms over the past half-century.

Stiglitz went on to study at Amherst College and MIT, where he received a Ph.D. in economics. He later served on and chaired President Clinton's Council of Economic Advisers and became the chief economist at the World Bank. But even as a child, Stiglitz says, he noticed ways in which the markets weren't working.

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4:57am

Tue June 5, 2012
Business

Disney To Restrict Junk Food Ads

Transcript

(SOUNDBITE OF MUSIC)

DAVID GREENE, HOST:

NPR's business news starts with Disney delving into nutrition.

Today, Disney comes out with nutritional standards for food advertised across its platforms. The company has taken flack for contributing to the obesity epidemic by airing ads for junk food that targets kids.

This move marks a dramatic change, but the company's chairman told The New York Times, quote, "this is not altruistic; this is about smart business." Transcript provided by NPR, Copyright National Public Radio.

4:20am

Tue June 5, 2012
Family Matters: The Money Squeeze

Baby Boom Money Squeeze Is Set To Get Tighter

Originally published on Tue June 5, 2012 5:55 am

Part of the Family Matters series

Some financial problems have obvious solutions.

For example, colleges aren't graduating enough engineers. But as more students become wary of fat loans and slim job prospects, many may shift majors. Change is possible.

But that's not the case with this problem: The number of elderly Americans in need of expensive care is about to surge, and there's no stopping the calendar.

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