There was plenty to celebrate — think summer Olympics. And plenty to deplore — bicycling steroid rings and yet another NHL lockout.

The Mayan people of Mexico and Central America received quite a bit of attention this month thanks to a misinterpretation of their calendar. Word spread all over the globe that the ancient culture had predicted the world would end on Dec. 21.

The news attracted tens of thousands of tourists, who flocked to Mayan sites to await the prophecy. Since the world didn't end, the tourists went home. And now the modern-day Mayas go on with their lives marked by high rates of poverty and dependent on migration.

For the first time in five years, the U.S. housing sector contributed to economic growth in 2012. The foreclosure crisis is evolving and working its way through the system, although there are still lingering concerns.

Owners of Toyota vehicles that experienced sudden and unintended acceleration have reached a settlement requiring the carmaker to pay as much as $1.4 billion in claims. A judge will review the proposal Friday.

What do you keep in your desk drawer at work? Financial Times columnist Lucy Kellaway recently investigated what was in her colleagues' desk drawers, and wrote a column about her findings. She talks to Renee Montagne about some of the items people have, and why they hold on to them.

President Obama returns to Washington Thursday as do members of the U.S. Senate. They're cutting holiday plans short in hopes of coming up with a deal to avoid the tax hikes and budget cuts set to take effect on Jan. 1.

Transcript

DAVID GREENE, HOST:

Now, if you have BlackBerry at the bottom of the drawer, it turns out it's also at the bottom of the 2012 list of smartphone makers.

Our last word in business is: Bad Call.

The company that makes BlackBerry, Research in Motion, had only 5 percent of the global smartphone market in 2012. That was down from 11 percent the year before. That's according to the market research firm iSuppli. Also in the 5 percent club: Nokia and HTC.

That's the business news on MORNING EDITION, from NPR News. I'm David Greene.

2012 has been a strange year for content creators — authors, producers, musicians. It was a year when the very idea of physical ownership of a book or CD or even a song file became almost passe.

It was also the year in which music-streaming services like Spotify and Pandora launched major efforts to convince people to pay for something they didn't own. But it's been slow going.

Music-streaming services have been trying to win over two types of customers: a younger generation that doesn't buy at all and an older generation that still likes owning physical albums.