Friday, the Securities and Exchange Commission accused billionaire hedge fund manager Steven Cohen of failing to supervise two of his employees who have been charged with insider trading. Cohen is the founder of SAC Captial Advisors. Audie Cornish speaks with NPR's Chris Arnold.
Three of the four major wireless companies are out with new plans for those who want the latest smartphone sooner. The plans, with names like Verizon Edge and AT&T Next, essentially let you rent a phone for six months or a year and then trade it in for a new one — but there's a catch.
"You're paying essentially twice," says Avi Greengart, who is research director for consumer devices at Current Analysis and does some consulting for the industry.
And it's with the president's comments that we begin our conversation with our Friday political commentators, E.J. Dionne of the Washington Post and David Brooks of the New York Times. Good to see you both again.
Of course, there is another American who worked for this country's intelligence gathering apparatus who's in legal limbo. The case of Edward Snowden, the former government contractor who leaked classified information to the media, is being followed internationally. Currently, Snowden is holed up in a Moscow airport while he tries to get temporary asylum, as he figures out a way to get to one of several countries that have offered him shelter from U.S. charges of espionage.
The Chicago Public Schools system is again in the spotlight after announcing late Thursday that it will lay off more than 2,100 employees — nearly half of them teachers. The laid-off educators account for 4 percent of the system's faculty, reports the Chicago Sun-Times.
President Obama gave an unexpected news conference Friday. He spoke for nearly 17 minutes about law enforcement, race and the African-American experience in the U.S. Audie Cornish speaks with Angelo Henderson, who speaks about things like that ever day as host of Your Voice with Angelo Henderson, a daily program on Radio One Detroit.
Nothing ever seems to come easy in the Middle East, but Secretary of State John Kerry said Friday that there was "a basis" for a new round of Israeli-Palestinian peace negotiations, which would be the first such talks in several years.
Kerry made the announcement in Amman, Jordan, after a series of discussions with Palestinian and Arab leaders.
"We have reached an agreement that establishes the basis for resuming direct final status negotiations between the Palestinians and the Israelis," Kerry said. "This is a significant and welcome step forward."