The federal probe of a hugely successful hedge fund may have investors ready to pull out much of their money. SAC Capital is under investigation for insider trading. Several published reports indicate outside investors are worried about that investigation and whether it will touch Steven Cohen, the firm's founder.
Now, in today's ALL TECH CONSIDERED, Apple on trial. The company is in federal court today fighting government charges that it colluded with book publishers to drive up the price of electronic books.
AUDIE CORNISH, HOST:
The Justice Department claims publishers used the introduction of the iPad as an opportunity to set higher prices. Five publishers have already settled civil charges with the government, but Apple has not. Laura Sydell is in New York, covering the first day of the trial. Hi there, Laura.
The summertime novelty tune "Hello Muddah, Hello Fadduh" has been pouring out of radios for 50 years now. In late July of 1963, Billboard magazine reported that fans were "actually breaking down doors" of record stores to buy the song about the pains of summer camp.
Firefighters were able to double containment of the huge Powerhouse wildfire north of Los Angeles to 40 percent Monday, as cooler weather helped them against the blaze that has scorched more than 45 square miles. No deaths have been reported as a result of the fire, which caused some 1,000 homes to be evacuated.
Update at 9 p.m. ET. Some Evacuations Lifted; Name Explained:
If you could travel back in time about 8 million years, you'd find a creature in an African tree that was the ancestor of all current apes and humans. And that creature in all likelihood would have spent a big part of its day munching leaves and fruit — pretty much what apes eat now.
Like all great traditional Boston foods — the Boston Cream Pie, Boston Baked Beans, the Chicago Pizza at the Pizzeria Uno near Fenway — the Glazed Donut Breakfast Sandwich is about to go national. Someday, Bostonians will talk about how they heard it play when it was just a cool, local sandwich.
Ian: I never realized how pointless bagels were before.
Miles: I like a breakfast that forces me to take a nap right after waking up.
The traditionally collegial U.S. Senate was never a natural fit for Frank Lautenberg, the wealthy New Jersey businessman whose headstrong, CEO style could rankle.
But the five-term senator, who died early Monday at age 89, managed to serve as a passionate and able advocate for a tight collection of causes, from gun control and public health to Israel and mass transit.
The U.S. economy started showing signs of recovery in June 2009, according to the National Bureau of Economic Research. Four years later, the economy is slow to recover in some areas. The stock market and housing are showing signs of growth, while unemployment still lags behind.
The nation's largest retailer announced Monday that it will be delivering produce from farms to stores faster by buying fruits and vegetables directly from growers.
The plan is to source about 80 percent of fresh produce directly, explained Jack Sinclair, executive vice president of the food business for Wal-Mart U.S., during a conference call that we participated in Monday morning.
In many instances, Sinclair says it will be possible to "cut out the middleman," but he added that local wholesalers will continue to "play an important role for us in the areas we serve."
Ding Zilin has spent the past 24 years on one mission: seeking justice for the death of her son, 17-year-old Jiang Jielian, who was shot in the back by Chinese soldiers on the night of June 3, 1989.
This year, her mood is one of black despair.
"It's possible that before I leave this world, I won't see justice," the frail 76-year-old told me. We're sitting in the living room of her Beijing home, near a shrine to her son that includes a wooden cabinet holding his ashes.
While these days it's not uncommon to meet children with gay parents, in the 1970s it was. Alysia Abbott was one of those kids. When her parents met, her father — Steve Abbott — told her mother he was bisexual. But when Alysia was a toddler, her mother died in a car accident and Steve came out as gay. He moved with his daughter to San Francisco, just as the gay liberation movement was gaining strength.
While her father had not initially wanted a child, Abbott says he enjoyed spending time with her when she was a baby. Her mother's death brought the two of them even closer.
Dad takes a cholesterol-lowering statin so he'll be around to see the kids grow up. But statins, like Lipitor and Zocor, as well as some other common adult prescription drugs are causing a rise in poisonings among children, a study says.
The big surprise is that children are at risk not just from opioid painkillers like Vicodin and OxyContin, which most parents know need to be kept away from kids.
Now a virus that has caused respiratory failure and 30 deaths has turned up in Italy.
The World Health Organization says lab tests have confirmed the infections in a 2-year-old girl and a 42-year-old woman with the Middle East Respiratory Syndrome Coronavirus, or MERS-CoV, as it's now called.
Both of the patients, who are in stable condition, are close contacts of someone who traveled to Jordan recently, the WHO says.
Karen and Colin Rodger already had two sets of boys. When Mom got pregnant this time, the thought of more twins crossed her mind, but a doctor said the odds were 500,000 to 1. Now she's given birth to twin girls, and the family tells the Daily Mirror it's shopping for a van.
Hearing that Federal Reserve Chairman Ben Bernanke offered Princeton graduates "10 suggestions" at their commencement ceremony Sunday, we had visions of those in caps and gowns nodding off during a treatise on the fine points of investing in municipal bonds.