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2:36 am
Wed May 23, 2012

Xerox CEO: 'If You Don't Transform, You're Stuck'

Xerox CEO Ursula Burns began her career with the company in 1980 as a summer intern. In 2009, she became the first African-American woman to lead a Fortune 500 company.
J. Scott Applewhite AP

Originally published on Wed May 23, 2012 7:14 am

Xerox is one of America's most venerable companies. Founded in 1906, its name is virtually synonymous with "photocopy."

But in recent years, in an era of email and paperless offices, Xerox has struggled to stay relevant. Today, the company is trying to turn itself around and thrive in the digital age.

Leading Xerox through that transformation is Ursula Burns, a woman who has undergone tremendous change in her own life. Burns, 53, grew up in New York City's Lower East Side, an area she has described as a tough, drug-infested ghetto.

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Middle East
2:26 am
Wed May 23, 2012

Iran In Tough Spot As Sanctions Take Economic Toll

If sanctions continue, Iran's tankers could fill up with surplus oil and leave the country with no place to store its continued production.
Kamran Jebreili AP

Originally published on Wed May 23, 2012 3:24 pm

Sanctions have not often worked to get governments to change their behavior, but Iran may prove to be an exception. The country depends on income from oil sales, and the oil sector is highly vulnerable to sanctions.

The United States has stopped buying Iranian oil, and the European Union is set to do so at the end of next month. There are sanctions on Iran's central bank and punishments for companies that help Iran ship its oil.

Jamie Webster, an oil market analyst at PFC Energy, says Iran's oil exports — normally about 2.5 million barrels a day — are in serious jeopardy.

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Politics
2:25 am
Wed May 23, 2012

U.S. Politicians See Opposite Messages In Euro Crisis

President Obama talks to German Chancellor Angela Merkel, French President Francois Hollande (upper left), NATO Secretary-General Anders Fogh Rasmussen (center) and other leaders during the official photo at Soldier Field in Chicago during the NATO summit Sunday.
Jim Watson AFP/Getty Images

Originally published on Wed May 23, 2012 7:41 am

European stock markets have rallied in anticipation of an informal summit of European Union leaders Wednesday in Brussels. A major policy pivot is expected to address the eurozone's debts and deficits crisis.

Up to now, European leaders have emphasized austerity, and that has cost some of them their jobs. The new approach is likely to focus on the same kind of growth President Obama has pursued in the United States — where Democrats and Republicans are drawing opposite conclusions from the euro crisis.

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Sweetness And Light
2:23 am
Wed May 23, 2012

NBA And NHL Playoffs: Does Anyone Really Care?

Tim Duncan and the San Antonio Spurs have won 18 games in a row as they head into the NBA's Western Conference Finals. But Frank Deford wants to know: Has anyone noticed?
Harry How Getty Images

Originally published on Wed May 23, 2012 7:23 am

It's the climax of the hockey and basketball seasons, but both have potential playoff visibility problems. Let me explain.

OK, the NBA first. As you know, basketball is the most individualized, celebrity-ized team game. Like movie stars, the best players are known by their first names: LeBron, Kobe, Dirk. Every basketball superstar wants to take his talents to a hot-dog, big-time market. Or at least marry a Kardashian.

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Shots - Health Blog
2:23 am
Wed May 23, 2012

Health Insurance Cutbacks Squeeze The Insured

Amber Cooper lives in Modesto, Calif., with her son, Jaden, 5, and her husband, Kevin. She had a liver transplant when she was 10 years old and needs daily medication so her body won't reject her liver.
Deanne Fitzmaurice for NPR

Originally published on Thu May 24, 2012 10:16 am

Amber Cooper and her husband were doing OK. They had jobs, a healthy 5-year-old son, a house in Riverbank, Calif., and health insurance from her job in the accounting department of a small manufacturing company.

Then one day everything changed.

"We were in a conference room ... and I had heard rumors but didn't know if it was true, and I started crying in front of everyone and actually had to excuse myself to gather myself together and go back in. It was devastating for me," Cooper said.

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