NPR News

Pages

Business
4:29 am
Tue December 10, 2013

High Stakes For Banks As Volcker Rule Is Finalized

Originally published on Tue December 10, 2013 9:11 am

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News, I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Federal regulators have unveiled the final version of what has come to be called the Volcker Rule. It's a big part of the financial reform that went into affect three years ago. It's taken all those years to come up with the language that will set new limits on the kinds of trading that banks can do and cannot do. NPR's Jim Zarolli joins us now to talk about this. Hi Jim.

JIM ZAROLLI, BYLINE: Hi.

Read more
The Two-Way
4:21 am
Tue December 10, 2013

French Court Sentences Executive For Selling Faulty Breast Implants

Originally published on Tue December 10, 2013 11:16 am

A French court has sentenced the head of a company that sold tens of thousands of defective breast implants to four years in prison for aggravated fraud. Poly Implant Prothese was once among the world's leaders in supplying implants. But its product was found to have a high rupture rate.

From Paris, NPR's Eleanor Beardsely reports:

"The Marseilles court convicted Jean-Claude Mas, the founder of the company, and three colleagues.

Read more
The Two-Way
4:15 am
Tue December 10, 2013

Honoring Mandela, In Gestures Large And Small

People holding a South African flag sing as they arrive at Ellis Park in Johannesburg, South Africa, to watch a telecast of the Nelson Mandela memorial service on Tuesday.
Justin Sullivan Getty Images

Standing in a steady drizzle at dawn, Lerato Maphanga took a black marker to a whitewashed wall that's serving as a condolences board outside Nelson Mandela's old home in Soweto, South Africa.

"Thank you, Tata [father], rest in peace," she wrote Tuesday. Then she signed it, "Born Free," a reference to the black South Africans born after apartheid ended in the 1994 election that made Mandela the country's first black president.

Read more
Strange News
3:30 am
Tue December 10, 2013

Canada Aims To Take North Pole Into Its Nautical Borders

Originally published on Tue December 10, 2013 9:11 am

Transcript

RENEE MONTAGNE, HOST:

Strange News
3:30 am
Tue December 10, 2013

Florida Capitol's Nativity Sparks Call For Pabst Festivus Pole

Originally published on Tue December 10, 2013 9:11 am

Transcript

STEVE INSKEEP, HOST:

Good morning, I'm Steve Inskeep.

There will be a Nativity scene inside the Florida State Capitol Building. The Florida Prayer Network put up the scene, with a state permit. Chaz Stevens thinks that's an annoying mixture of church and state, so he applied for a permit for a Festivus pole, honoring the fake religion made up on the TV show "Seinfeld." The Festivus pole will be made of Pabst Blue Ribbon cans. Other displays allowed in the rotunda include a Bill of Rights Nativity banner.

Business
2:12 am
Tue December 10, 2013

Women Still Largely Absent From Corporate Boards

Sheryl Sandberg, chief operating officer of Facebook, is one of the relatively few women to serve on major corporate boards.
Ramin Talaie Getty Images

Originally published on Tue December 10, 2013 9:11 am

Women are still not making headway when it comes to getting on corporate boards or into senior leadership roles within big companies.

New research out Tuesday examined Fortune 500 Companies and found that women hold only about 17 percent of the seats on boards of directors, and they have an even smaller share — about 15 percent — of senior executive positions.

Read more
U.S.
2:12 am
Tue December 10, 2013

For Veterans, 'Bad Paper' Is A Catch-22 For Treatment

Originally published on Mon December 16, 2013 8:20 am

Transcript

RENEE MONTAGNE, HOST:

In many ways, military veterans hold a privileged place in American society, but not all vets have access to what goes along with that privilege. In the past decade of war, more than 100,000 men and women left the military with less than honorable discharges, many due to bad conduct related to post traumatic stress disorder. Once they're kicked out of the military, they lose access to benefits like treatment for PTSD.

Read more
Business
2:12 am
Tue December 10, 2013

BP Argues Companies Are Unfairly Cashing In On 2010 Spill

The Deepwater Horizon oil rig burns in the Gulf of Mexico in April 2010.
Gerald Herbert AP

Originally published on Tue December 10, 2013 9:56 am

Oil giant BP is challenging hundreds of millions of dollars in claims that were filed by businesses after the company's 2010 oil spill in the Gulf of Mexico.

The total price tag for BP's oil spill is huge — $42.5 billion. At issue here is a fraction of that — but still a lot of money. BP says $540 million has been awarded to businesses for losses that "are either nonexistent, exaggerated or have nothing to do with the Deepwater Horizon accident."

Read more
The Two-Way
1:53 am
Tue December 10, 2013

WATCH: Local Coverage Of Mandela's Memorial Service

Originally published on Tue December 10, 2013 9:29 am

Read more
The Two-Way
1:33 am
Tue December 10, 2013

South Africa Honors Mandela, An 'Incomparable Force Of Leadership'

Members of the public sing and dance as they arrive for the Nelson Mandela memorial service at the FNB Stadium, on Tuesday in Johannesburg, South Africa.
Christopher Furlong Getty Images

Originally published on Tue December 10, 2013 11:34 am

Read more

Pages