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Business
4:37 am
Wed April 25, 2012

Business News

Originally published on Wed April 25, 2012 8:10 am

Apple announced higher-than-expected earnings for the most recent quarter — profits nearly doubled over last year. Apple's stock is back up, after falling in recent weeks over fears of a slowdown in iPhone sales. Those fears proved unfounded. Sales of iPhone and iPads beat company estimates.

Business
4:37 am
Wed April 25, 2012

Activists Disrupt Wells Fargo Shareholders Meeting

Originally published on Wed April 25, 2012 6:33 pm

Transcript

RENEE MONTAGNE, HOST:

And there were protests and arrests at the Wells Fargo annual shareholders meeting in San Francisco yesterday. The demonstration - led by the Occupy Movement - was over the bank's foreclosure and lending policies. Hundreds of protesters bought bank shares so they could attend the meeting and disrupt proceedings. [POST-BROADCAST CORRECTION: While hundreds sought to disrupt the meeting, several dozen people representing community groups had purchased stock.]

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Business
4:37 am
Wed April 25, 2012

Are Bribes The Norm In Mexico's Business Culture?

Originally published on Wed April 25, 2012 8:42 am

Wal-Mart's stock price has fallen sharply this week after The New York Times published an investigative story on how the retailer's rapid growth in Mexico involved systematic bribes. Steve Inskeep talks to Mexico-based business journalist Eduardo Garcia about the Wal-Mart bribery story.

NPR Story
4:31 am
Wed April 25, 2012

Obama Pitches Low-Cost College Loans

Originally published on Wed April 25, 2012 8:10 am

President Obama on Wednesday visits students at the University of Iowa, where he'll again make a pitch for low-cost college loans. It's the last stop on a trip that's taken Obama to two other battleground states: Colorado and North Carolina. He's primarily reaching out this week to younger voters.

NPR Story
4:31 am
Wed April 25, 2012

Fitch Upgrades Ford's Junk Status

Originally published on Wed April 25, 2012 8:10 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

After all the reports about massive debts and credit downgrades, we have a story this morning of a credit upgrade. The ratings agency Fitch upgraded Ford.

INSKEEP: The company was at junk bond status, meaning a loan to Ford was considered a major gamble. Now, it's been moved to investment grade, the lowest investment rating: BBB minus.

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NPR Story
4:31 am
Wed April 25, 2012

British Panel Hears From Rupert Murdoch

Originally published on Wed April 25, 2012 8:10 am

In Britain Wednesday, media mogul Rupert Murdoch appears before a panel to testify about contacts with leading British politicians at a time when his News Corp. was trying to takeover broadcasting group BSkyB. On Tuesday, Murdoch's son appeared before the same panel.

Economy
3:05 am
Wed April 25, 2012

Fed Chief Bernanke To Discuss Sluggish Economy

Credit Jim Watson / AFP/Getty Images
Federal Reserve Chairman Ben Bernanke has issued cautions about the economy.

Originally published on Wed April 25, 2012 8:34 am

Policymakers at the Federal Reserve wrap up a two-day meeting Wednesday and will explain what they plan to do about interest rates. The consensus seems to be they'll keep short-term rates near zero to help support the lagging economy.

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Sweetness And Light
3:04 am
Wed April 25, 2012

U.S. Women In Golf, Tennis: Where Are You?

Credit Jeff Gross / Getty Images
Yani Tseng of Taiwan hits a bunker shot to the ninth green during the second round of the LPGA LOTTE Championship at the Ko Olina Golf Club in Kapolei, Hawaii.

Originally published on Wed April 25, 2012 8:10 am

Here's today's sports question: Who are Victoria Azarenka and Yani Tseng?

Give up? Well, they only happen to be the No. 1 women's tennis player and golfer in the world. If you don't know them, you're obviously a sexist fantasy football zealot.

No, no, I'll give you a pass.

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Around the Nation
3:03 am
Wed April 25, 2012

Holder Vows 'Zero Tolerance' To Human Trafficking

Credit Danny Johnston / AP
U.S. Attorney General Eric Holder said human trafficking will not be tolerated in the U.S. during a speech at the Clinton School of Public Service in Little Rock, Ark., on Tuesday.

Originally published on Wed April 25, 2012 8:13 am

Forced labor and underage prostitution are hiding in plain sight in cities all over the U.S. and are no longer problems confined to the developing world, according to Attorney General Eric Holder.

In a major speech on human trafficking Tuesday in Little Rock, Ark., Holder said far too many reports of abuse cross his desk each week, more than 40 percent of them involving children.

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World
3:02 am
Wed April 25, 2012

VA Struggles To Provide Vets With Mental Health Care

Credit Chris Hondros / Getty Images
A veteran of the Iraq War with post-traumatic stress disorder talks to physical therapist Nicole Bormann before a session in the VA Medical Center in St. Louis.

Originally published on Wed April 25, 2012 8:10 am

Over the past five years, the Department of Veterans Affairs says, the number of former service members seeking mental health services has climbed by a third. In response, the agency has boosted funding and tightened standards.

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