Some other news. The Federal Reserve and other banking regulators have granted banks a two-year grace period to come into compliance with the Volcker Rule. That's one of the provisions of the Dodd-Frank financial reform bill passed a couple of years ago. It restricts American banks from making trades that put the bank and depositor funds at risk.
But as NPR's Yuki Noguchi reports, regulators are struggling to iron out the details.
Originally published on Fri April 20, 2012 7:24 am
Vegetarians and others were highly distressed after finding out that Starbucks uses a red coloring in some of its drinks that's made from crushed bugs. An online protest campaign delivered thousands of angry emails to Starbucks headquarters.
Yesterday, we reported on the fundraisers that lobbyists hold for Congressmen every day in Washington. Today, we hear what happens inside those events. The stories are part of our series on money in politics.
The British Library in London has just paid about $14 million to purchase Europe's oldest intact book, known as the St. Cuthbert Gospel. It's a copy of the Gospel of St. John, thought to have been produced in northeastern England sometime during the seventh century.
The past week's political firestorm in the presidential race focused on stay-at-home moms, but two-thirds of women with young children now work. Nearly half are their family's primary breadwinner. What some feel is being lost in the political debate are the challenges they face in the workplace.
For the past two weeks, the campaigns of both President Obama and GOP rival Mitt Romney have accused each other of waging a war on women. But what's really going on is a war for women's votes.
The president, like Democrats before him, has an advantage with female voters — who make up 53 percent of the American electorate. Romney is trying to close the gender gap by using his most powerful and popular surrogate: his wife.
Two years after the Deepwater Horizon accident killed 11 men and sent oil spewing into the Gulf of Mexico, the oil industry says it has learned valuable lessons from the disaster that are making drilling safer today.
But there's still a pressing issue looming for the oil industry: Oil field workers are retiring in huge numbers, leaving a workforce that's younger and — more importantly — less experienced.
Americans seem happier with Congress these days. That's what Gallup's two latest polls show: Congress, with an approval rating of 17 percent, has gained a whole seven points since February.
Still, they shouldn't get too cocky on the Hill, because this just means that 79 percent of Americans disapprove of the institution. That's down from a record high 86 percent in December of 2011. We suppose that's like saying in December almost everyone disapproved of Congress and now mostly everyone disapproves.
Here's Gallup's historical chart of Congress' approval rating:
Originally published on Fri April 20, 2012 12:09 pm
It's hard to pinpoint exactlywhat it is about Fenway Park. A century after it was built, fans still gush about this "lyric little bandbox," as John Updike called it. To guys like Ed Carpenter, Fenway is history and home, magic and mystique.
"I love this place," he says, tearing up. "I mean, it's not mortar and bricks and seats."
Carpenter first started coming to Fenway with his dad in 1949, when he was 6.
"We walked up this ramp right behind this home plate," he recalls. "I can still see everything was green, emerald green. It was love at first sight."
Originally published on Thu April 19, 2012 6:06 pm
"Quite frankly, it's very visceral. It's like a sock in the stomach."
That's what Sister Simone Campbell, the executive director of Network, a Catholic social justice lobby, said when NPR's Melissa Block asked her what her reaction was to a Vatican reprimand issued yesterday.
Originally published on Fri April 20, 2012 10:39 am
It's sounds like a story from the past: A Latin American leader announces plans to nationalize a large foreign company, touching off a high-stakes battle that involves money, politics and diplomacy.
Yet it's happening right now. Argentina's President Cristina Fernandez said this week that her country plans to take over a giant Spanish oil company at a time when the economies in both countries are facing challenges.
Spanish officials are threatening to retaliate against Argentina for seizing a majority of shares in the biggest oil company in Argentina, YPF.
Originally published on Thu April 19, 2012 6:34 pm
Alabama is near the bottom of the country's academic rankings. The state has problems with test scores, school improvement ratings and dropouts. But the district in Birmingham has a different kind of issue. The state recently took over the school board because of infighting on the board. The move has triggered cries of racism.
It's part of a new campaign to steer patients (and their doctors) to what the College of Physicians calls "high value care," and away from expensive tests and treatments that aren't any better — and often are worse.
Originally published on Fri April 20, 2012 3:30 pm
The nation's oldest ball park is turning 100. Boston's Fenway Park has been home to the Red Sox through some of baseball's greatest highs and most heartbreaking lows. The park also narrowly escaped the fate of similar old stadiums that were torn down.
Another country hoping to revive one of its marquee sporting events is Bahrain. Formula 1's Bahrain Grand Prix was called off last year during the Arab Spring demonstrations. The international racing event brings in half a billion dollars to Bahrain and draws more than 100 million TV viewers around the world. This year's race is set for Sunday despite plans by anti-government protesters to target the event. For more, I'm joined by Ryan McGee. He's a senior writer for ESPN The Magazine. Hey there, Ryan.
Yum Brands, the company that owns Taco Bell and Pizza Hut, says it's the latest corporation to break ties with the American Legislative Exchange Council — a group that brings state lawmakers and corporate lobbyists together to write legislation.
Liberal groups are pressuring corporations to abandon ALEC, and a dozen companies have now dropped out.
This week, ALEC did some damage control. It said it is shutting down its task force on public safety and elections, which wrote controversial measures on voter ID, "stand your ground" and immigration reform.
Originally published on Thu April 19, 2012 6:34 pm
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The Vatican has clamped down on the largest group of Catholic nuns in the U.S., citing what it calls grave concerns about serious doctrinal problems. The Holy See says the Leadership Conference of Women Religious, or LCWR, has promoted radical feminist themes incompatible with the Catholic faith in some programs. And it has named an archbishop to oversee the nuns and approve their work. In a statement, the LCWR says it is stunned by the Vatican's conclusions and will prepare a response.
It's ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish.
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And I'm Melissa Block. Lorain County, Ohio, is getting a lot of political love this week. Yesterday, President Obama spoke at a community college there, and today, it was Mitt Romney's turn. He spoke at a shuttered gypsum factory. NPR's Ari Shapiro joins me now from Lorain County. And, Ari, why Lorain? What's so special about it?
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It's been less than a week since North Korea's failed rocket launch created an international furor. Well, today, India tested its own long-range missile. The new weapon is capable of carrying a nuclear warhead to Beijing, and the test went off with little international comment. The Indian government called the successful launch a historic event in the country's development.
Originally published on Thu April 19, 2012 5:42 pm
Over on The Salt, NPR's Dan Charles has tracked the efforts of salad-green companies to keep dangerous microbes out of the lettuce you buy at the supermarket. But once they get that lettuce safely into your shopping cart, what's next? NPR's Audie Cornish asks Molly Wizenberg, of the award-winning blog Orangette, about the best way to go about making salad.
Back in the days of the Soviet Union, the women's gymnastics competition was highly predictable — the Soviet squad won the team gold medal at every Olympics it participated in.
Even when Nadia Comaneci was reeling off perfect 10s at the 1976 Olympics in Montreal, she and her Romanian teammates had to settle for second in the team competition behind the legendary Olga Korbut and her Soviet comrades.
Our story begins last month inside a busy Washington, D.C. subway station plastered with posters of giant dollar bills. One of them says: "Tell Congress to stop wasting time trying to eliminate the dollar bill." Another asks: "Do you heart the dollar?"
Political fights in the nation's capital normally involve billions or even trillions, not single dollars. What's going on here?