This is TALK OF THE NATION. I'm Ari Shapiro, in Washington. Just one week into January, you may be noticing the effects of people's New Year's resolutions. For example, there may be no spots on the treadmill at your gym; no kale on the supermarket shelves. Losing weight is one of the most popular New Year's resolutions and this hour, we'll explore what we've learned in the last year about how some people keep fit, and why others have a hard time dropping pounds.
Now, this week, the American Dialect Society announced its word of 2012, and the winner comes from Twitter. The word is hashtag. The symbol for a hashtag looks like the pound sign on your phone. Five years ago, Twitter introduced it as a way to organize tweets and sort through trends. Now, hashtags are everywhere. Movie trailers use them to promote the latest blockbuster, shirts and hats sport the hashtag #YOLO for you only live once. Hashtags even pop up in conversations with friends like hashtag #eyeroll.
Originally published on Fri January 11, 2013 6:43 am
Time was that a Swiss bank account was synonymous with confidentiality and keeping assets from prying eyes. No more.
Last week, Switzerland's oldest bank, Wegelin & Co., pleaded guilty in a New York court to helping Americans hide $1.2 billion from the Internal Revenue Service over a decade-long period. Wegelin's plea, and a $57.8 million fine, forced the bank to shut its doors. It follows a $780 million settlement with UBS in 2009 that forced the Swiss banking giant to identify the names of its U.S. account holders.