NPR's business news starts with more fallout from the financial crisis.
Swiss banking giant UBS has agreed to pay $120 million to settle a lawsuit by investors. The case goes back to 2007. Investors say they were misled about the health of the financial firm Lehmann Brothers when UBS was selling them investments linked to Lehmann's debt. Lehmann collapsed into bankruptcy in September 2008. The settlement resolves claims of about $1 billion. Transcript provided by NPR, Copyright NPR.
Those three words are what any athlete longs to hear. For linebacker Brian Banks, it took more than 10 years for that sentence to be addressed to him by an NFL coach. When he heard it in a preseason game Thursday night, Banks got a taste of the life he once dreamed of — before he became a convicted felon and lost his chance to go to college, and was finally exonerated.
For one more week, our host and pal Linda Holmes has been roaming the desolate plains of Los Angeles at the Television Critics Association press tour, with only catered lunches and lavishly appointed meet-and-greets to provide sustenance.
So the rest of the Pop Culture Happy Hour gang must soldier on in her absence, with the aid of a scrappy young newcomer who'd been waiting for her big break in front of a microphone: All Things Considered co-host Audie Cornish. We predict big things for Audie at NPR!
"I'm going to prison or death sentence for killing my wife. Love you guys. Miss you guys. Take care. Facebook people you'll see me in the news."
The Miami Herald and other news outlets are reporting that 31-year-old Derek Medina of South Miami apparently posted that Facebook message Thursday morning, along with a photo of a woman's "twisted, bloodied body lying on a linoleum floor."
Note the message on Kevin Eubanks' cap: "Meet You at the <a href="http://www.americanjazzmuseum.com/SiteResources/Data/Templates/t1.asp?page=getcalendar&DocName=Home">Blue Room</a>." It's a nice club in Kansas City, in the historic district where Count Basie, Lester Young and Mary Lou Williams used to play.
Credit Len Katz Photography
From left to right: Kevin Eubanks, Bill Pierce and Marvin Smitty Smith perform at the Detroit Jazz Festival.
Kevin Eubanks (briefly) and saxophonist Bill Pierce (in the mid 1980s) both played in Art Blakey's Jazz Messengers, the two-generation-spanning band that is so very important in jazz from 1950s through the '80s. Now Pierce chairs the Woodwinds Department at Berklee College.
Eubanks and Marvin Smith were in TheTonight Show band together for 15 years, with guitar riffs and rim shots for Jay Leno Monday through Friday. "Smitty" brought Los Angeles bassist Rene Camacho into this group.
Originally published on Mon August 12, 2013 5:56 am
Looks like Arabian camels might be hiding more than just fat in those furry humps.
Scientists have found evidence that dromedary camels — the ones with just one hump — may be carriers of the lethal coronavirus in the Middle East, which has infected at least 94 people and killed 46 since first appearing in Saudi Arabia last year.
Originally published on Fri August 9, 2013 12:50 pm
Update At 2:40 p.m. ET: Sheriff: Car Recovered
San Diego County Sheriff Bill Gore said Friday that the car belonging to the suspect has been found near Cascade, Idaho. He said the license plate had been removed, but the Vehicle Identification Number, or VIN, showed a match as belonging to James Lee DiMaggio.
Gore said that horseback riders in the mountains northeast of Boise believe they saw DiMaggio, who is suspected of killing Christina Anderson and abducted at least one of her children.
Paul White of Ham Lake, Minn., and his partner Kim VanReese. White bought one of the three winning tickets in Wednesday's $448.4 million Powerball lottery. While one-third of the jackpot is about $149.4 million, he's chosen to take his share in a lump sum rather than spread out over many years. That lump sum is $86 million, which after taxes will be about $58 million.
Good morning. I'm David Greene. Oklahoma Joe's barbecue is a popular spot in Kansas City - especially known for its Z-Man sandwich - smoked brisket with provolone topped with onion rings. The Minnesota Twins must've gotten the memo. They ordered 50 Z-Mans on Tuesday, and went on to beat the hometown Royals in a blowout.
Good morning. I'm Linda Wertheimer, with an announcement. Michiganders Jay and Teri Schwandt just had their 12th child, and it's a boy, just like his 11 brothers. Little Tucker was nine days late, so they thought he might be a girl - not happening.
Must be a family thing. Teri's sister has 10 children, and they are all boys. Will they try again for lucky 13? We will never close that door, says Teri.
You're listening to MORNING EDITION. Transcript provided by NPR, Copyright NPR.
President Obama is set to hold a news conference at the White House on Friday at 3 p.m. ET — his first such formal give-and-take with the press corps since "NSA leaker" Edward Snowden starting spilling secrets about National Security Agency surveillance programs in June.
So we should expect questions about Snowden, spying and civil liberties, as well as strained relations with Russia, the economy and other subjects.
Wednesday's $448 million Powerball drawing had three winning tickets. One is held by a project engineer in Minnesota. And this morning we're hearing some county garage workers in New Jersey have a lot to celebrate.
NPR's business news starts with good numbers for the U.K.
New data this morning shows Britain's trade deficit narrowed more than expected in June, helped by a healthy rise in exports. Exports hit $67 billion in June. That's a new high for the U.K. The strong performance indicates Britain may finally be emerging from years of stagnation. Transcript provided by NPR, Copyright NPR.
Hillary Clinton has been one of the big stories this week, both in Washington and also in the entertainment world. Two movies were recently announced about the former Secretary of State, former senator, former first lady and also possible 2016 presidential candidate. These projects, one from NBC, the other from CNN, are only in the planning stages right now. But they've already sparked a lot of criticism from the both the right and the left.
Maybe you've seen a busy parent do this - hand over their smart phone to a child with a kid-friendly app running to keep them busy. Well, yesterday an advocacy group complained to the Federal Trade Commission that Fisher Price is deceiving parents by promoting its Laugh & Learn apps as educational.
NPR's Laura Sydell reports.
LAURA SYDELL, BYLINE: Babies are encouraged to learn about shapes and colors on this version of Laugh & Learn apps.
This is MORNING EDITION from NPR News. Good morning. I'm David Greene.
LINDA WERTHEIMER, HOST:
And I'm Linda Wertheimer. We begin this hour with neighboring countries struggling with the confounding realities of the Arab Spring.
GREENE: In Libya an elected government remains in place, but it may be too weak to bring in the militia leader accused of killing a U.S. ambassador. In Egypt, the general who led a coup against the country's first democratically elected president is now celebrated like a movie star.
A couple of nights ago I had just closed my book, turned off my light, and was drifting off to sleep when my cellphone started to shriek. I shot awake and groped for the phone. My sleep-befuddled brain was greeted with this message: "Boulevard, CA Amber Alert update." Then there was a license plate number, and a make and model of the car.
Groggily, I Google this town — Boulevard, Calif. — and discovered it was 541 miles away from my house. That's more than the distance between Washington, D.C., and Detroit. I was mystified. Why was I getting this?
This is MORNING EDITION, from NPR News. I'm David Greene.
LINDA WERTHEIMER, HOST:
And I'm Linda Wertheimer.
It was a good week for the economy, at least according to the data. To talk about what the latest numbers tell us about the health of the economy, we reached Ryan Avent. He writes for The Economist magazine.
Astronaut Sally Ride has served as a role model for many young women as the first American woman in space. That's one of the reasons why she's one of the 16 recipients of the Presidential Medal of Freedom.
LINDA WERTHEIMER, HOST:
Ride is being honored posthumously - she died last year at the age of 61. The White House in a statement said: Sally Ride stood up for racial and gender equality in the classroom and taught students that there are no limits to what they can accomplish.
Major League baseball, this week, sanctioned a number of players, including New York Yankee Alex Rodriguez. They're accused of receiving performance enhancing drugs from a Miami clinic called Biogenesis.
LINDA WERTHEIMER, HOST:
And according to ESPN and other organizations, that clinic also saw high school athletes. Parents have told the sports network they don't know why their children were listed in the clinics records. The lawyer for the owner of Biogenesis declined to comment to ESPN and has not returned calls from NPR.
And just preserving some semblance of order is the big challenge in neighboring Libya. That country's long-time dictator, Muammar Gaddafi was toppled from power two years ago and now the future of Libya as even a functioning state is in question. There has been increased lawlessness in that country. The militias that ousted Muammar Gaddafi are fighting with each other. A thousand inmates escaped in a prison break and there are assassinations of activists and police.
A police officer patrols the rooftop of a school at the Rocinha slum in Rio de Janeiro, Brazil, on Sept. 20, 2012, where a "pacification" anti-crime effort was underway. Rio police are now going to attempt a similar pacification in another huge slum, Mare.
Credit Silvia Izquierdo / AP
The Mare shantytown in Rio de Janeiro, Brazil, is one of the city's densest neighborhoods.
Beth Glover was a juror on the trial of former Goldman Sachs trader Fabrice Tourre. When the lawyers were discussing the mortgages tied to the securities at the center of the case, Glover realized that, for all intents and purposes, they were talking about her mortgage.
"When they were looking at the subprime mortgage groupings, I think I would have been in one of those," Glover told me. "I didn't have as great as FICO score at that time."
Colorful covers of menus from the Royal Hawaiian Hotel (left) and the Monarch Room Royal Hawaiian Hotel.
Credit New York Public Library
This vintage 1935 menu from the Royal Hawaiian Hotel lists flounder and red snapper, two local fish that an ecologist says have faded from Hawaiian menus over time.
Credit New York Public Library
Ecologist Kyle Van Houtan in the field with a wild hawksbill sea turtle. Van Houtan began reading old Hawaiian menus in search of information about the turtles but instead saw changes in fish consumption.
In the early to mid-1900s, the islands of Hawaii were a far-away, exotic destination. People who managed to get there often kept mementos of that journey including kitschy menus from Hawaiian fine dining restaurants and hotels like like Trader Vic's and Prince Kuhio's.
Now these old menus are serving a purpose beyond colorful relics from the past. Kyle Van Houtan, an ecologist with the National Oceanic and Atmospheric Administration, says he's found a scientific purpose for the menus.