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The Two-Way
9:28 am
Mon May 6, 2013

Wal-Mart Reclaims No. 1 Spot On 'Fortune' 500 List

A shopping cart at a Wal-Mart store in Los Angeles.
Robyn Beck AFP/Getty Images

Originally published on Mon May 6, 2013 1:40 pm

Wal-Mart has reclaimed the lead spot on the Fortune 500 list released today. For the past few years, the giant retailer has been battling it out with Exxon for top billing.

This year, Exxon Mobil dropped to No. 2.

Fortune writes about Wal-Mart:

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The Two-Way
9:25 am
Mon May 6, 2013

PHOTO: The Six-Story Rubber Ducky That's Gracing Hong Kong

That's one big duck floating in Hong Kong's Victoria Harbor this month.
Li Peng Xinhua /Landov

At least one YouTube prankster has posted video of the big yellow guy blowing up. (Rest easy, that hasn't really happened.)

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Education
9:17 am
Mon May 6, 2013

Failed Promises For Early Education Programs

Transcript

MICHEL MARTIN, HOST:

It turns out that the budget cuts that are affecting Head Start come at a time when spending on early childhood education is shrinking across the country. From 2011 to 2012, state funding for pre-kindergarten dropped by half a billion dollars - that according to her recent report from the National Institute for Early Education Research at Rutgers University.

The director of the institute, Steve Barnett, is with us now. Welcome to you. Thank you so much for joining us.

STEVE BARNETT: Thank you, happy to be here.

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Economy
9:17 am
Mon May 6, 2013

Black And Latino Wealth Falls Further Behind

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. We're talking about the effects of those across the board budget cuts caused by the sequester. We've been particularly interested in education, and today we're going to hear about the effect on Head Start. That's a program that helps low income kids get ready for school. That conversation is later in the program.

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The Two-Way
8:10 am
Mon May 6, 2013

U.S. Courts More Lenient With Offshore Cheats, Analysis Finds

Originally published on Mon May 6, 2013 8:20 am

The Wall Street Journal has an interesting bit of analysis today: U.S. courts tend to hand out more lenient punishments to those who hide money offshore to cheat on their taxes than they do to more mundane tax evaders.

The Journal relies on Internal Revenue Service statistics and "data compiled by former U.S. Justice Department lawyer Jack Townsend."

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