NPR Blogs

The Two-Way
3:19 pm
Tue March 25, 2014

IRS Says It Will Treat Bitcoins As Property, Not Currency

A photo of tokens representing bitcoins.
Rick Bowmer AP

Originally published on Tue March 25, 2014 3:29 pm

In a new rule released on Tuesday, the Internal Revenue Service says it will treat bitcoin and other virtual currencies as property.

The Wall Street Journal reports this means any profits made on the currency will be taxed at the capital-gains rate and that investors will have to keep extensive records.

The Journal adds:

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The Two-Way
2:43 pm
Tue March 25, 2014

Cleanup Continues After Oil Spill Near Houston Ship Channel

Originally published on Tue March 25, 2014 4:47 pm

This post was updated at 4:47 p.m. ET.

The cleanup of an oil spill near the Houston Ship Channel is continuing today, and authorities say they have opened one of the country's biggest ports in a limited capacity this afternoon.

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The Two-Way
11:53 am
Tue March 25, 2014

Karl R. Thompson Tapped To Lead Key Justice Department Unit

Karl R. Thompson has been named to lead the Justice Department's Office of Legal Counsel, an under-the-radar but critically important unit that approves executive branch legal arguments on armed drones, surveillance and other national security issues.

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The Two-Way
11:03 am
Tue March 25, 2014

Sailor Fatally Shot Aboard U.S. Navy Destroyer At Va. Base

A 2004 photo of the USS Mahan, a guided missile destroyer, as it moves up the Hudson River in New York.
Ed Bailey AP

Originally published on Wed March 26, 2014 12:23 pm

A sailor was fatally shot aboard a U.S. Navy guided missile destroyer docked in the nation's largest naval base late Monday. Naval security forces then killed the civilian suspect.

A statement issued by the U.S. Naval Station Norfolk said the incident occurred about 11:20 p.m. aboard the USS Mahan (DDG 72).

"Naval Station Norfolk was briefly put on lockdown as a precautionary measure. The lockdown lasted approximately 45 minutes," the statement said. "No other injuries have been reported."

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The Two-Way
9:42 am
Tue March 25, 2014

More Bodies Recovered From Washington State Mudslide

The massive mudslide that killed more than a dozen people is shown in this aerial photo taken Monday near Arlington, Wash.
Ted S. Warren AP

Originally published on Tue March 25, 2014 10:10 pm

Updated at 9:55 p.m. EDT

Emergency workers recovered two more bodies in the search for survivors after the massive slide near Oso, Wash., bringing the official death toll to 16.

Up to eight more fatalities have been located but not recovered, which would put the total at 24, said Snohomish County Fire Chief Travis Hots at a press conference Tuesday evening.

"We have found no signs of life," Hots said. "That's the disappointing part."

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The Two-Way
8:25 am
Tue March 25, 2014

Obama: Russia Making 'Series Of Calculations' After Crimea

President Obama, accompanied by Dutch Prime Minister Mark Rutte, speaks during their joint news conference at the conclusion of the Nuclear Security Summit in The Hague on Tuesday.
Pablo Martinez Monsivais AP

Originally published on Tue March 25, 2014 2:27 pm

(This post was updated at 11:30 a.m. ET.)

President Obama on Tuesday said that he believed that Russia was "still making a series of calculations" regarding any further moves after its annexation of Crimea, but that there was no expectation of dislodging it by force from the Black Sea peninsula.

"What we can bring to bear are the legal arguments, the diplomatic arguments," he said at a joint news conference with Dutch Prime Minister Mark Rutte following a nuclear security summit in The Hague.

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The Two-Way
7:20 am
Tue March 25, 2014

Book News: Authors Rip U.K. Ban On Sending Books To Prisoners

Philip Pullman, pictured in 2007, says of the U.K. prison restrictions: "Words nearly fail me on this."
Shaun Curry AFP/Getty Images

The daily lowdown on books, publishing, and the occasional author behaving badly.

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The Two-Way
7:20 am
Tue March 25, 2014

White House To Propose Halting NSA Bulk Collection Of Phone Data

The sign outside the National Security Agency campus in Fort Meade, Md.
Patrick Semansky AP

Originally published on Tue March 25, 2014 3:42 pm

President Obama is preparing to announce a plan to scrap the government's systematic collection of bulk phone records as part of a far-reaching overhaul of the National Security Agency's controversial electronic surveillance activities.

The New York Times, quoting senior administration officials, reports:

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The Two-Way
7:14 am
Tue March 25, 2014

Bad Weather Suspends Search For Flight 370 In Indian Ocean

Family members of passengers aboard Malaysia Airlines Flight 370 tearfully shouted slogans during a protest Tuesday in front of the Malaysian Embassy in Beijing.
Kim Kyung-hoon Reuters/Landov

Originally published on Tue March 25, 2014 9:59 am

Angry relatives of passengers aboard the ill-fated Malaysia Airlines Flight 370 vented their anger at Malaysian officials Tuesday as rough weather in the southern Indian Ocean temporarily halted the search for wreckage from the airliner.

The BBC reports:

"In Beijing, relatives of passengers on board the plane released a statement accusing the Malaysian government of trying to 'delay, distort and hide the truth.'

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