The Two-Way
7:00 am
Tue May 15, 2012

Facebook Ups Its Forecast: Says Shares Will Sell For $34 To $38

Raul Arboleda AFP/Getty Images

Strong demand for its first public sale of stock has led Facebook to raise its forecast for how much each share will sell for when the company goes public on Friday.

"We anticipate that the initial public offering price will be between $34.00 and $38.00 per share," the company says in a statement filed earlier today with the Securities and Exchange Commission.

Earlier, the social medial giant had expected shares would sell for $28 to $35 each.

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Around the Nation
6:39 am
Tue May 15, 2012

Amusement Park Rider Conquers Battle Of The Bulge

Originally published on Tue May 15, 2012 8:51 am

Transcript

DAVID GREENE, HOST:

Good morning, I'm David Greene. People who are overweight often say there was that final moment - that's it; I'm sick of it. I'm making a change.

For Nat Ambrose, it was last year at King's Dominion, the Virginia theme park. He tried to get on his favorite ride, Volcano the Blast Coaster, but the harness wouldn't fit his 300-pound frame. He lost 30 pounds in a month. Tried again, still couldn't squeeze in. Finally, nine months later, 105 pounds lighter, Nat Ambrose has conquered the Volcano.

Around the Nation
6:30 am
Tue May 15, 2012

Super Glue Helps Man Go For Fist-Pumping Record

Originally published on Tue May 15, 2012 8:51 am

Transcript

STEVE INSKEEP, HOST:

Good morning. I'm Steve Inskeep with congratulations to James Peterson who sought the world record for fist pumping. Yes. Mr. Peterson made this gesture of triumph for 16 hours. The Akron Beacon Journal says to maintain proper form he super glued his hand into a clenched fist. Yes. A video crew recorded this feat and sent it to the Guinness World Record people. If they do not accept the record we hesitate to think what gesture Mr. Peterson will try next. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.

Europe
6:22 am
Tue May 15, 2012

Stevenage: A Place Where You Can't Be From

Originally published on Tue May 15, 2012 8:51 am

Transcript

DAVID GREENE, HOST:

The town of Stevenage, England, 30 miles north of London, was once a small patch of farmland with a few thousand people. After World War II, the British government created a massive planned community there and hoped it would become a model for public housing for the world.

Gary Younge is a writer for the Guardian newspaper. He grew up in Stevenage and found it to be a mixed blessing. Younge wrote an essay about it for the spring issue of the literary magazine, Granta. We began our conversation by asking him to read us a passage.

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The Two-Way
6:15 am
Tue May 15, 2012

Former Murdoch Editor Facing Criminal Charges In Hacking Scandal

Rebekah Brooks, last Friday in London.
Christopher Furlong Getty Images

Originally published on Tue May 15, 2012 7:36 am

  • Philip Reeves reporting for the NPR Newscast

The first top editor from Rupert Murdoch's U.K. tabloids to face criminal charges related to the hacking scandal that has rocked his media empire is Rebekah Brooks, who prosecutors allege tried to "pervert the course of justice" last year by seeking to cover up what had been going on at Murdoch's News of the World.

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Business
4:27 am
Tue May 15, 2012

The Latest On JPMorgan Chase

Originally published on Tue May 15, 2012 8:51 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene.

JP Morgan Chase has long had the reputation of being one of the better managed big banks in the country. So how did it make a $2 billion blunder and what does it tell us about banking today, nearly five years after the onset of the financial crisis? When such questions are looming, we often turn to David Wessel, economics editor of The Wall Street Journal.

And, David, welcome back to the program.

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Around the Nation
4:27 am
Tue May 15, 2012

California Budget Deficit Grows

Originally published on Tue May 15, 2012 8:51 am

Transcript

STEVE INSKEEP, HOST:

California Governor Jerry Brown wants to convince voters to accept two things they don't like: higher taxes and deep spending cuts. The Democrat proposed a budget yesterday which would only be the start of the pain. The other part would come in November with a ballot measure to raise taxes and spare education. Capital Public Radio's Ben Adler reports from Sacramento.

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Economy
4:26 am
Tue May 15, 2012

Fact Checking Data On The Boomerang Generation

Originally published on Tue May 15, 2012 8:51 am

Transcript

STEVE INSKEEP, HOST:

The fact-checking organization PolitiFact looked into a shocking claim in a political ad. The ad said 85 percent of recent college graduates are moving back in with their parents. There was a reason for the ad to make that claim. PolitiFact found that 85 percent figure has been repeated by CNN, the New York Post, U.S. News, and more news organizations. The number fits the notion of a boomerang generation, thrown back home by the economy.

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World
3:45 am
Tue May 15, 2012

Quebec Students Clash With Police Over Tuition Hike

Originally published on Tue May 15, 2012 8:51 am

Transcript

DAVID GREENE, HOST:

And let's turn our attention now north of the border to Canada. New austerity programs are creating the kind of unrest we most often associate with Europe these days. In the Province of Quebec, a plan to hike university tuitions by 75 percent over the next five years has led to weeks of violent street rallies, often involving tens of thousands of students and protestors.

North Country Public Radio's Brian Mann reports.

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Latin America
3:45 am
Tue May 15, 2012

Mexican Police Investigate Latest Atrocity

Originally published on Tue May 15, 2012 8:51 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning, I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

A news item last weekend reminded us that we live in a largely peaceful country right next door to a country at war with itself. In northern Mexico on Sunday, authorities found the bodies of 49 people. They were left on a highway outside Monterrey about 75 miles from Texas. They are described as victims of the Zetas crime syndicate. And the dumping of bodies like this is not unusual in Mexico.

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