Morning Edition

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DAVID GREENE, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Even before the events of the last few days, Congress had a busy agenda. Lawmakers are negotiating over taxes and spending that could affect the economy in the year ahead, not to mention almost every part of the federal government and the take-home pay for millions of Americans.

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DAVID GREENE, HOST:

Greece got a rare bit of good news late yesterday. Standard and Poor's upgraded the country's credit rating six notches to a B minus. I mean, not the worst grade on your report card, but in the financial world this is junk bond status.

Still, Joanna Kakissis reports from Athens that there is a more stable outlook.

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STEVE INSKEEP, HOST:

NPR's business news begins with a global bank settlement.

It's the big Swiss bank, UBS. It announced this morning that it will pay a total of $1.5 billion in fines for its role in rigging the interbank lending rate known as LIBOR. The settlement will be paid to Swiss, British and American regulators.

Pakistani gunmen staged new attacks Wednesday on health workers carrying out a nationwide polio vaccination program. Six workers were killed Tuesday as they went house to house to administer the immunizations to area children in Karachi and the northwest city of Peshawar.

Although there were additional attacks, the Pakistani government vowed to continue the vaccination campaign — and eradicate the disease — even if there is bloodshed.

If the sheer variety of holiday music that pops up each winter is any indication, there's no genre that can't handle a little Christmas spirit. This year, Louisiana country singer Sammy Kershaw decided to test that theory with the sounds of the bayou. His new album of Cajun-infused holiday songs is called A Sammy Klaus Christmas.

I've never had any interest in hunting. Among other things, I'm a terrible shot, but I have friends who hunt, and it appears to me to be a perfectly reasonable sports hobby — certainly every bit as honorable as fantasy football. Moreover, shooting a deer or a duck with a bullet seems to me no more inhuman than catching a trout or a marlin with a hook.

Oh, sometimes I get a little piqued that those who hunt and fish are ennobled as "sportsmen," while people who play golf are just golfers and people who bowl are just bowlers. But then, that's just me being picayune.

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DAVID GREENE, HOST:

We told you last week that the University of Chicago received a package addressed to Indiana Jones. The character is said to have attended the school. It turns out it was just lost mail. It was part of another package, an eBay purchase that was supposed to go to Italy.

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DAVID GREENE, HOST:

NPR's business news starts with pressure to sell.

(SOUNDBITE OF MUSIC)

For almost 20 years, Democrats have been convinced that gun control is a sure way to lose elections. And in his first term, President Obama never proposed any new gun legislation. But in the aftermath of the Newtown, Conn., massacre, he's promising to use whatever powers he has to prevent similar tragedies.

Nearly everyone reported so many things wrong in the first 24 hours after the Sandy Hook shootings that it's hard to single out any one news organization or reporter for criticism.

South Carolina Gov. Nikki Haley named a fellow Republican, Rep. Tim Scott, as the state's next senator on Monday. He replaces retiring Republican Sen. Jim DeMint and will make history as the first black senator from the South since 1881.

Haley, however, wanted everyone to know her selection was based on Scott's merit, not his race.

The NAACP Legal Defense Fund has been called the law firm for black America. Once run by Thurgood Marshall, the group played a major role in desegregating public schools and fighting restrictions at the ballot box.

Now, the Legal Defense Fund is preparing for a new leader — just as the Supreme Court considers cases that could pare back on those gains.

For KEM's What Christmas Means, the R&B singer wanted to cover several aspects of the season: the birth of Christ, for one, but also Christmas as a "romantic holiday."

"You spend time cuddled up by the fire, warm and cozy with your wife or your husband," KEM tells NPR's David Greene. "You spend more time being intimate with shopping — we're doing things with the kids, we're together. There's a lot of sincerity, a lot of warmth."

There are Christmas displays, and then there's the one in Wall Township, N.J. It has synchronized lights, lasers, fog machines, strobe lights, 20-foot flames and the music of the Trans Siberian Orchestra. There's no charge — they only accept donations for a local charity.

Hayden Carlo was recently pulled over near Dallas for having an expired registration sticker. He said he had a choice: either feed his kids or get a new registration. The officer issued a citation, and when Carlo unfolded it, he found $100.

If Friday's school shooting in Connecticut follows the pattern set by other mass tragedies, huge numbers of Americans are worrying about the safety of their kids at school. How is our perception of risk is shaped by tragedy, and what happens when our perceptions do not line up with the facts?

There's still no budget deal to prevent the automatic spending cuts and tax increases scheduled to go into effect at the end of this year. There are some tax deductions, credits and other breaks lawmakers are weighing in this budget debate.

A federal court in Texas on Monday will take up the case of a high-school student who refuses to wear her location-tracking school ID.

The 15-year-old sophomore says the ID badge, which has an embedded radio frequency identification tag, is a violation of her rights. The student, Andrea Hernandez, believes the ID is "the mark of the beast" from the Book of Revelation.

An old complaint about the safety of childhood vaccines is finding new life at the United Nations.

The U.N. Environment Program is considering a ban on thimerosal, a vaccine preservative that is widely used in developing countries. The program expects to make a decision sometime after a final meeting on the issue in January.

Behind a tall metal gate in a nondescript nook of Kabul sits the Bamboo Wood Industries factory. It's not a place you're likely to stumble across by accident. Inside, a handful of men are cutting, painting and assembling desks and cabinets. The pieces being made are chocolate brown and quite modern looking.

Sitting in a spartan, unheated office above the factory floor is Fatima Jafari, the owner of the company. The 30-something woman started the business a little over a year ago.