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4:37 am
Fri May 18, 2012

Hewlett-Packard Set To Layoff 30,000 People

Originally published on Fri May 18, 2012 4:49 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with layoffs at HP.

(SOUNDBITE OF MUSIC)

INSKEEP: Technology giant Hewlett-Packard is poised to eliminate as many as 30,000 jobs worldwide. These cuts, though, will reportedly spare China - the company's largest source of growth, as well as its research and development divisions.

NPR's Wendy Kaufman reports.

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NPR Story
4:37 am
Fri May 18, 2012

Did Bank's Culture Lead To JPMorgan's Big Loss?

Originally published on Fri May 18, 2012 4:49 pm

Transcript

DAVID GREENE, HOST:

The head of JPMorgan Chase, Jamie Dimon, has gotten an invitation to testify in front of the Senate Banking Committee about his bank's recent trading loss of at least $2 billion.

STEVE INSKEEP, HOST:

Dimon is very much the public face of his firm. In a Wall Street culture where banks are defined as much by the executives who run them is by the assets they hold. So, what kind of culture led to the multibillion dollar losses at JPMorgan Chase?

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NPR Story
4:37 am
Fri May 18, 2012

Evidence Sheds Light On Trayvon Martin Shooting

Originally published on Fri May 18, 2012 4:49 pm

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Americans now have a little more information on which to base their debate about Trayvon Martin. The teenager's killing in Florida - where he was shot by a man named George Zimmerman - prompted an intense and politically charged national discussion about violence, about gun laws and about race.

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Planet Money
3:20 am
Fri May 18, 2012

The Long, Long, Long Road To New Rules For Banks

Originally published on Fri May 18, 2012 4:49 pm

Would that big, bad JPMorgan Chase trade have violated the Volcker Rule?

It's too soon to say, despite the fact that the rule is part of a two-year-old law.

The Volcker Rule bans deposit-taking banks from making speculative bets. But it allows banks to make investments to hedge risks.

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Africa
3:18 am
Fri May 18, 2012

U.S. Serves Up New Food Security Effort In Africa

A woman refills her bucket from a well in the south of Mauritania. The Sahel region, south of the Sahara, is facing a third season of drought.
Pablo Tosco AFP/Getty Images

Originally published on Fri May 18, 2012 4:49 pm

The Obama administration is announcing a major new initiative to boost investments in rural Africa in hopes of lifting millions out of poverty. Several African leaders are in Washington, D.C., for the announcement, which comes as President Obama hosts leaders of the Group of Eight in Maryland. Food security is a key agenda item.

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Around the Nation
3:17 am
Fri May 18, 2012

Son Fulfills Dream Racism Denied To His Mother

Originally published on Fri May 18, 2012 4:49 pm

When Terry Walls of Springfield, Mo., decided to go back to college at age 52, he wanted to put to rest a family rumor. He had heard his mother was denied admission to Missouri State University, and he was pointed toward Meyer Library on the MSU campus for answers.

There, he discovered an eloquent letter typed on fragile, onion-skin paper and signed with his mother's maiden name: Mary Jean Price. It was dated Oct. 2, 1950, and it was addressed to the university registrar:

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The Two-Way
3:16 am
Fri May 18, 2012

Bike To Work Day: Your Photos, And Riding Advice From Grant Petersen

Jennifer Drake and her daughter, Alex, pause before their morning ride. "My daughter and I bike to school (her work) 3 miles roundtrip daily," Drake writes.
@JennLDrake

Originally published on Fri May 18, 2012 10:18 pm

For many people, Bike to Work Day (which is today) is a reason to put air in their bike's tires and see if their chain is too rusty to get them to work on time. And as a growing list of photographs shows, many people who follow NPR online also ride to work.

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Space
3:13 am
Fri May 18, 2012

NASA, SpaceX Aim To Launch Private Era In Orbit

NASA and SpaceX partnered closely to make the mission to the International Space Station possible. Above, the SpaceX control room.
SpaceX

Originally published on Fri May 18, 2012 4:49 pm

A private spaceship owned by a company called SpaceX is scheduled to blast off from Cape Canaveral in Florida early Saturday morning.

If all goes well, the unmanned capsule will rocket up on a mission to deliver food and other supplies to the International Space Station, becoming the first commercial spacecraft to visit the outpost.

The highly anticipated mission could mark the beginning of what some say could be a new era in spaceflight, with private companies operating taxi services that could start taking people to orbit in just a few years.

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StoryCorps
11:09 pm
Thu May 17, 2012

Love At First Punch: Still Going Strong After 75 Years

The Dubrow's Cafeteria on Eastern Parkway in New York, circa 1945. Van and Shirley Harris were regulars at the restaurant, along with a colorful cast of characters.
Brian Merlis and Eve Lyons

Originally published on Fri May 18, 2012 4:49 pm

Van Harris and his wife, Shirley, grew up in the same Brooklyn neighborhood. They lived about a block away from each other. At StoryCorps, they talked of how they first met — 75 years ago.

Van, 87, recalls the day that he first noticed Shirley, 85.

"I met her when she was about 10 years old, and she was beating up a couple of guys," he says. "The boys had taken her hat off her head, and they were tossing it around."

Shirley kept asking the boys to give her hat back, but they wouldn't do it.

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Law
8:18 pm
Thu May 17, 2012

Clemens' Former Trainer Admits Changing Testimony

Brian McNamee, Roger Clemens' one-time trainer, leaves federal court in Washington, D.C., on Wednesday.
Jacquelyn Martin AP

Originally published on Fri May 18, 2012 4:49 pm

The prosecution's star witness underwent a withering cross-examination on Thursday at Roger Clemens' perjury trial. Clemens, a seven-time Cy Young Award winner, is charged with lying to Congress when he testified that he never used performance-enhancing drugs. Brian McNamee, his one-time trainer, is the only witness who has firsthand evidence that contradicts the baseball-pitching ace.

Earlier this week, guided by the prosecution, McNamee testified in agonizing and repetitive detail about how he injected Clemens with steroids and human growth hormone between 1998 and 2001.

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