Washington is still trying to determine how much damage has been done as a result of Edward Snowden's revelations about NSA surveillance. Snowden allegedly encrypted the files he took with him, but some officials fear Chinese or Russian intelligence services gained access to Snowden's computers.
NPR's business news starts with new charges against China.
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GREENE: The United States charged a Chinese wind turbine maker, yesterday, with stealing trade secrets from a U.S. company. The Department of Justice says China's Sinovel stole more than $800 million worth of intellectual property from U.S. company AMSC.
AMSC is seeking more than $1 billion in damages. Transcript provided by NPR, Copyright NPR.
Anyone who's seen a North Carolina license plate knows the state proudly claims itself as the site of the first airplane flight. But this week, Connecticut said not so fast. The state passed a law declaring it was home to the first flight.
Federal regulators have filed civil charges against former New Jersey Governor Jon Corzine in connection with the failure of his commodities firm, MF Global. The government says Corzine failed to stop the firm from dipping into customer funds during a financial crisis in October 2011.
The Senate passed a sweeping immigration overhaul bill Thursday with bipartisan support. The legislation, passed by a vote of 68 to 32, would put millions in the country illegally on a path to citizenship and vastly expand border security.
One leader for whom immigration has always been an issue is Antonio Villaraigosa, the mayor of Los Angeles. He steps down this weekend, after two terms in office. He's the city's first Latino mayor in over a century, a local boy born in East L.A., far from the L.A. that dreams are made of. He joined us here at NPR West to talk about his time leading the second-largest city in the country. Good morning.
MAYOR ANTONIO VILLARAIGOSA: Good morning to you, Renee.
This is MORNING EDITION, from NPR News. I'm Renee Montagne.
DAVID GREENE, HOST:
And I'm David Greene. Good morning. Well, now that summer is officially here, we thought this might be a good time to check in with some of our colleagues to find out how the federal budget cuts known as sequestration are playing out. These cuts went into effect in the spring, and it is becoming clear that some federal agencies and programs are feeling the brunt, while others have largely escaped.
And last week was a wild one for China's economy. First, interest rates on the loans that banks give each other spiked. As the banks struggled to get money, stock markets dropped - not only in China - but throughout Asia - and briefly in New York.
Things have calmed down since then. But the crisis showed how China's new leaders are just beginning to confront some fundamental problems in the world's second largest economy.
We're going to NPR's Frank Langfitt in Shanghai to tell us what they're doing.
To understand why Bosnian Rainbows' music stands out, you have to go back to 2007 in Guadalajara, Mexico. A singer named Teresa Suarez has taken the stage name Teri Gender Bender — adopted as a feminist statement while at the head of a band called Le Butcherettes.