Ongoing Coverage:

NPR News

Pages

Europe
6:42 am
Fri May 18, 2012

Is Now The Time To Vacation In Greece?

Greece depends heavily on tourism, but the economic crisis is driving away visitors like these ones photographing the Acropolis in Athens from the top of a tour bus last October.
Louisa Gouliamaki AFP/Getty Images

Originally published on Fri May 18, 2012 9:08 am

Despite all the chaos and misery of the Greek debt crisis, the country still has some major assets: It's a stunningly beautiful place, with sunny weather, great beaches, ancient marvels and modern amenities.

Greece has been attracting visitors for centuries — at least since Darius the Great led an unsuccessful Persian military package tour about 2,500 years ago.

That didn't work out so well for Darius, who was defeated at the Battle of Marathon.

Read more
The Two-Way
6:33 am
Fri May 18, 2012

Like It Or Not, It's Facebook's Day On Wall Street

Emmanuel Dunand AFP/Getty Images

Originally published on Fri May 18, 2012 3:03 pm

  • Steve Henn talks with Steve Inskeep on 'Morning Edition'

Facebook's much-publicized first sale of stock to the public started with a bang late this morning as the price per share jumped. But though the volume of shares sold was a record for an initial public offering, the stock's price gave up its gains as the day continued.

By the end of trading in the U.S., Facebook had settled right at the $38 initial offering price that had been set before shares went on sale.

Read more
World
6:08 am
Fri May 18, 2012

Police Wait For Thief To Release His Loot

Originally published on Fri May 18, 2012 3:49 pm

Transcript

STEVE INSKEEP, HOST:

Around the Nation
5:50 am
Fri May 18, 2012

Sudents Suspended Over Post-It Note Prank

Originally published on Fri May 18, 2012 3:49 pm

Transcript

DAVID GREENE, HOST:

Economy
5:30 am
Fri May 18, 2012

G8 Summit To Discus Greece's Troubled Economy

Originally published on Fri May 18, 2012 3:49 pm

Greece keeps cutting its budget to help pay debts and avoid default but then its economy keeps contracting, making the problem worse. The new French President Francois Hollande wants to find a way to stimulate Europe's economy.

Asia
5:30 am
Fri May 18, 2012

Previewing New Series On Mineral-Rich Mongolia

Originally published on Fri May 18, 2012 3:49 pm

Transcript

STEVE INSKEEP, HOST:

Let's get a sneak preview, now, of a coming attraction.

(SOUNDBITE OF SONG, "BELOVED OTTER-COLORED HORSE")

INSKEEP: Mongolia is the land of Genghis Khan and nomadic herders.

(SOUNDBITE OF SHEEP)

INSKEEP: And it's also now riding a mining boom.

(SOUNDBITE OF INDUSTRIAL CRASH AND HORNS)

INSKEEP: All next week, NPR's Frank Langfitt takes us to Mongolia where the rush to extract mineral resources is transforming a nomadic culture.

Read more
Election 2012
4:07 am
Fri May 18, 2012

Donation Gap Narrows Between Obama, Romney

Originally published on Fri May 18, 2012 3:49 pm

Transcript

STEVE INSKEEP, HOST:

Now let's talk about the money the campaigns themselves raise. All through the Republican primaries, President Obama's campaign raised far more money than Mitt Romney's campaign. But now the money gap is narrowing, as NPR's Peter Overby reports.

Read more
Law
3:48 am
Fri May 18, 2012

Evidence Sheds Light On Trayvon Martin Shooting

Originally published on Fri May 18, 2012 3:49 pm

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.

Americans now have a little more information on which to base their debate about Trayvon Martin. The teenager's killing in Florida - where he was shot by a man named George Zimmerman - prompted an intense and politically charged national discussion about violence, about gun laws and about race.

Read more
Business
3:48 am
Fri May 18, 2012

The Last Word In Business

Originally published on Fri May 18, 2012 3:49 pm

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: free flight - to somewhere less exotic than Nepal.

Read more
Election 2012
3:48 am
Fri May 18, 2012

GOP Group Abandons Racially Tinged Attack Ad

Originally published on Fri May 18, 2012 3:49 pm

Mitt Romney is disavowing a plan by some wealthy Republicans to attack President Obama for ties to his controversial former pastor. Even the people behind that proposal said they are abandoning it after their idea was plastered on the front page of The New York Times.

The proposal centered on the Rev. Jeremiah Wright, who was a mentor to Obama before the two parted ways during the last presidential campaign.

Republicans unaffiliated with Romney were considering spending $10 million on a racially tinged advertising campaign tying Wright to the president.

Read more
Business
3:48 am
Fri May 18, 2012

Did Bank's Culture Lead To JPMorgan's Big Loss?

Originally published on Fri May 18, 2012 3:49 pm

Transcript

DAVID GREENE, HOST:

The head of JPMorgan Chase, Jamie Dimon, has gotten an invitation to testify in front of the Senate Banking Committee about his bank's recent trading loss of at least $2 billion.

STEVE INSKEEP, HOST:

Dimon is very much the public face of his firm. In a Wall Street culture where banks are defined as much by the executives who run them is by the assets they hold. So, what kind of culture led to the multibillion dollar losses at JPMorgan Chase?

Read more
Business
3:48 am
Fri May 18, 2012

Hewlett-Packard Set To Layoff 30,000 People

Originally published on Fri May 18, 2012 3:49 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with layoffs at HP.

(SOUNDBITE OF MUSIC)

INSKEEP: Technology giant Hewlett-Packard is poised to eliminate as many as 30,000 jobs worldwide. These cuts, though, will reportedly spare China - the company's largest source of growth, as well as its research and development divisions.

NPR's Wendy Kaufman reports.

Read more
Business
3:48 am
Fri May 18, 2012

Facebook To Begin Trading On Nasdaq

Originally published on Fri May 18, 2012 3:49 pm

Transcript

(SOUNDBITE OF BELL RINGING)

STEVE INSKEEP, HOST:

There you have it, the sound of money. Mark Zuckerberg rang the opening bell for the NASDAQ stock exchange this morning. Facebook, his company, is going public today. The company's shares start trading under the ticker symbol FB. And we talked about one of the largest IPOs, initial public offerings, in history with NPR's Steve Henn.

OK. When we say one of the largest in history, how big is it here?

Read more
Planet Money
2:20 am
Fri May 18, 2012

The Long, Long, Long Road To New Rules For Banks

Originally published on Fri May 18, 2012 3:49 pm

Would that big, bad JPMorgan Chase trade have violated the Volcker Rule?

It's too soon to say, despite the fact that the rule is part of a two-year-old law.

The Volcker Rule bans deposit-taking banks from making speculative bets. But it allows banks to make investments to hedge risks.

Read more
Africa
2:18 am
Fri May 18, 2012

U.S. Serves Up New Food Security Effort In Africa

A woman refills her bucket from a well in the south of Mauritania. The Sahel region, south of the Sahara, is facing a third season of drought.
Pablo Tosco AFP/Getty Images

Originally published on Fri May 18, 2012 3:49 pm

The Obama administration is announcing a major new initiative to boost investments in rural Africa in hopes of lifting millions out of poverty. Several African leaders are in Washington, D.C., for the announcement, which comes as President Obama hosts leaders of the Group of Eight in Maryland. Food security is a key agenda item.

Read more

Pages