The news this morning that "a prominent former Goldman Sachs board member" has surrendered to federal authorities in New York City "to face criminal charges stemming from a massive hedge fund insider trading case" (as the AP writes), takes the federal investigation into new territory, New York Times reporter Azam Ahmed said earlier today on Morning Edition.
Originally published on Wed October 26, 2011 12:38 pm
Two teachers and a university student were rescued from ruined buildings in eastern Turkey on Wednesday, three days after a devastating earthquake, but searchers said hopes of finding anyone else alive were rapidly fading.
NTV television said 25-year-old teacher Seniye Erdem was pulled out around the same time that rescue workers also freed another teacher. The woman was thirsty and asked about her husband, who had died, it said
"Dozens of police in riot gear and hundreds of protesters supporting the Occupy Wall Street movement engaged in a game of cat-and-mouse in downtown Oakland on Tuesday," The Associated Press writes, "with authorities using tear gas to respond to demonstrators' repeated agitations."
In May, the South African government approved Walmart's bid to buy Massmart for more than $2 billion. Massmart is the largest retail chain in southern Africa, operating in 14 countries. But now the government is reconsidering that ruling.
Workers' unions have long opposed the plan because of concerns that the deal could lead to significant job losses, and the government has worries of its own in a time of high unemployment.
Turkish soldiers, artillery and military aircraft are engaged in their biggest military operation in a decade after a raid last week by the Kurdistan Workers' Party, or PKK, killed 24 soldiers and wounded more than 100. The operation comes as Turkish politicians begin to debate a new constitution that many hope will grant Turkey's Kurdish population long-sought civil rights.
The deficit-cutting supercommittee re-emerges Wednesday morning with its first public meeting in more than a month. The group is charged with finding at least $1.2 trillion in deficit reductions by late November. If it fails, automatic, across-the-board cuts follow.
Ari Shapiro speaks with San Francisco Chronicle reporter Matthai Kuruvila about Tuesday's dramatic clashes between police in Oakland, California, and protesters supporting the Occupy Wall Street movement.
ARI SHAPIRO, host: This is MORNING EDITION from NPR News. I'm Ari Shapiro.
RENEE MONTAGNE, host: And I'm Renee Montagne.
The European Union is facing the worst crisis in its history and it has to the potential to affect us all. The meltdown in Greece could eventually imperil the entire global financial system. Today in Brussels, Europe's leaders will make another attempt at finalizing a eurozone survival plan. But time is short and the stakes could not be higher. The key players have big national issues to worry about.
In Frankfurt, Germany's financial capital, all eyes are on the debt crisis meeting in Brussels. Frankfurt is home to Europe's leading stock exchange and some of the largest banks and investment firms on the continent. More recently it's also home to street demonstrators sharply critical of the current state of capitalism. The two worlds have yet to meet.
NCAA officials meets Wednesday to continue on a path toward what they call meaningful reform in college sports. High-profile scandals over the past several years prompted the pledge for change. Ramogi Huma will be watching the NCAA closely, as he has for the past 15 years. The former college football player has been a passionate advocate for college athletes' rights. For the most part, he has worked behind the scenes. Now, his work has taken on new relevance.
This is the first of two reports on plans to export U.S. coal to China.
Plans are afoot to build giant new coal terminals on the West Coast to ship this lucrative commodity to China. But activists want to stop this, in part because coal produces huge amounts of carbon dioxide when it's burned. Federal climate policy is silent on this potentially large source of emissions, so the debate is happening at the local level.
For those of you desperately missing basketball during the NBA lockout, an antidote to your hoop pangs is on the way: A musical comedy about basketball will open for previews on Broadway on Nov. 12. It's called Lysistrata Jones and is based on the original Lysistrata, which, of course, was written by Aristophanes back in 411 B.C.
Twice a year, Google releases aggregate data on requests it receives from governments across the world. It's part of a project they call "Transparency Report."
In its latest release, Google says the number of content removal requests it received from the United States increased by 70 percent from the previous six months. And the number of user data requests jumped by by 29 compared to the previous reporting period.
The slow pace of job creation has revived interest in getting promising new technologies out of university labs and into the marketplace. At Stanford University, a group of academic researchers from all over the country gathered to take a crash course in how to turn their projects into startup companies.
From the shaky, grainy video, we have an idea of what the last moments were like for Col. Moammar Gadhafi. But over the past few days, his top security official, who was captured along with Gadhafi, has been talking about the final weeks of one of the most notorious despots in modern history.
As Mansour Dao, who says he is also Gadhafi's cousin, puts it, Gadhafi left Tripoli on Aug. 18 or 19, before the rebels made a push for the capital city. He left to Sirte, what was a stronghold, and his son Saif al-Islam left for Bani Wald.
Despite claims to the contrary, a insightful economic analysis suggests that it wouldn't be in most employers' business interests to stop providing health insurance when the main coverage provisions of the federal health overhaul kick in.
In recent weeks, at least 80 business owners have fled Wenzhou in eastern China and gone into hiding because they can't pay crushing debts to the city's empire of underground lending firms and loan sharks.
Chinese Premier Wen Jiabao became so concerned that he flew to Wenzhou earlier in October to try to keep the problem from spreading.
The city's credit crisis highlights some of the flaws — and potential risks — of the banking system in the world's second-largest economy.