Former News International leader Rebekah Brooks has been cleared of all misconduct in a headline-grabbing trial revolving around tycoon Rupert Murdoch's British media empire. Andy Coulson, the former editor of News of the World, was found guilty of conspiracy to hack personal voicemails.
NPR's Business News starts with a powerful merger. Consolidation among the companies that feed our electrical grid is continuing with a proposed deal between two power utilities in the Midwest. Chuck Quirmbach of Wisconsin Public Radio reports.
CHUCK QUIRMBACH, BYLINE: Milwaukee-based We Energies says its proposal to buy Chicago-based Integrys for $9 billion is a good fit. We Energies' vice president Rick White says the number of publicly traded electric utilities has been shrinking.
The U.S. economy faces great risks from climate change, according to a new study that focuses on the current and future effects of climate change on everything from jobs, to crop yields, to energy production.
Though the study presents no new climate science, it paints a dire picture of the business and economic effects if action isn't taken, including crop yields that fall by more than 70 percent in the Midwest and billions of dollars' worth of property literally underwater on the East Coast.
The Mexican town of Tequila in the western state of Jalisco is the heart of a region that produces the legendary spirit. Any bottle of tequila must be made from the Weber Blue species of agave, grown and distilled in this region.
Field after field of agave gives this land a blue hue, defining an economy and its traditions.
U.S. officials are close to a multibillion-dollar settlement with the giant, French bank BNP Pariba over allegations of sanctions violations. The bank is expected to admit that its affiliates did business with countries subject to U.S. economic sanctions - Sudan, Cuba and Iran. NPR's Jim Zarroli reports.
And now to our last word in business - stung. There was a tough public revelation for the children of pop-star Sting over the weekend.
STEVE INSKEEP, HOST:
The man who once sang (singing) if you love somebody, set them free - must love his children a lot because he's really setting them free. The former lead singer of The Police told Britain's Mail On Sunday newspaper that his offspring will not be inheriting any of his estimated $300 million fortune.
The auto industry is cruising toward a record number of safety recalls: GM has recalled 20 million vehicles in the first six months of this year, and most carmakers have lowered the bar for the kind of problems that'll have them sending you back to your local dealers.
But while that sounds like bad news, it turns out that recalls can have an upside â at least for car dealers.
Sunday's nationally televised WNBA game between the Tulsa Shock and Chicago Sky was more than just two teams playing basketball. It was billed as the league's first national Pride Game, and it is part of a bigger initiative by the WNBA to embrace the LGBT community.
For the first time in its 18 years of existence, the league addressed the issue of equality and tolerance during a televised game.
"We're the pioneers. We're showing our league is strong and we're branching out into different communities. We need more LGBT role models," says WNBA player Brittney Griner.
Athletes aren't the only ones battling for supremacy on the World Cup pitch: Shoe brands are fighting for glory, too.
For the most part, it's the fluorescent Nike Vapors versus the Adidas Adizero Battle Pack cleats. But while those brands dominate the soccer market, Kyle Stock of Bloomberg Businessweek says Puma has a counterattack: the mismatched pink and blue soccer cleats called Tricks.
"You see a lot of yellows out there and oranges and reds, but in the blur of the feet, you notice [the Tricks]," Stock tells NPR's Arun Rath.
If it seems like we talk about housing a lot on Code Switch, it's because we do. But the fact is it's really hard to talk about all the ways race correlates to different outcomes â in health or education, sayâ without talking about where people live. Take household wealth, for example: The major reason whites have so much more of it is because of how much likelier they are not just to own homes, but to own homes in places where that property might appreciate in value.
This week the big medical device company Medtronic said it was moving its legal headquarters from Minneapolis to Ireland. It's part of a $43 billion merger with another medical company, Dublin-based Covidien.
The move is a tax-saving strategy called an inversion and it's growing more common in the corporate world.
U.S. companies make huge amounts of money overseas every year and much of it stays there, stashed away in foreign accounts.
Want to infuriate the entire brewing industry? Start poking around its trash.
That's what the Food and Drug Administration discovered when it threatened to dramatically affect how breweries use their spent grain.
Last fall, the FDA proposed a new rule: Facilities producing feed for animals should be subject to regulations similar to those in food manufacturing. Any facility producing animal feed would be required to produce a written plan to identify and minimize contamination.
The Family Medical Leave Act's benefits will be extend to married same-sex couples in all of the U.S., under a White House announced today. The change comes as the Obama administration alters federal policies to fit the Supreme Court's repeal of the Defense of Marriage Act last June.
WERTHEIMER: There's a new phone app. It's called Yo. It allows you to chat to a friend but the only word you can use is yo. That's literally all Yo does. But it's raised a million dollars from investors. They buy the hype from the App Store description which says, Yo is everything and anything. It all depends on you, the recipient and the time of the yo. OK, it's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
The U.S. Supreme Court has handed public employees a victory, ruling that they cannot be fired for testifying truthfully on matters of public concern. The unanimous decision broadens protections for government employees. NPR's Nina Totenberg reports.
At midnight on a Wednesday night, the young Irish singer Janet Devlin kicks off an acoustic show. She's in London, but her audience is all over: from Norway to South Africa to the U.S. A few hundred fans have paid $8 to watch online, and some have been chatting with each other for hours â and even leaving tips of $10 and $25 before Devlin sang a note.
From NPR News this is ALL THINGS CONSIDERED. I'm Robert Siegel.
MELISSA BLOCK, HOST:
And I'm Melissa Block. America Apparel has ousted its founder, his name is Dov Charney. The clothing company had dealt with allegations of misconduct against him and lawsuits for years. NPR's Sam Sanders reports.
Originally published on Fri June 20, 2014 10:21 am
Don't expect to hear the roar of a gas engine when you see the new motorcycle from Harley-Davidson. That's because it's powered by batteries. The Wisconsin-based company unveiled its new LiveWire bike today, saying it's "time to shape the next generation" of riders.