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Economy
3:30 am
Fri May 18, 2012

G8 Summit To Discus Greece's Troubled Economy

Originally published on Fri May 18, 2012 1:49 pm

Greece keeps cutting its budget to help pay debts and avoid default but then its economy keeps contracting, making the problem worse. The new French President Francois Hollande wants to find a way to stimulate Europe's economy.

Business
1:48 am
Fri May 18, 2012

Hewlett-Packard Set To Layoff 30,000 People

Originally published on Fri May 18, 2012 1:49 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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Business
1:48 am
Fri May 18, 2012

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

Originally published on Fri May 18, 2012 1:49 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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Law
1:48 am
Fri May 18, 2012

Evidence Sheds Light On Trayvon Martin Shooting

Originally published on Fri May 18, 2012 1:49 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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Asia
1:48 am
Fri May 18, 2012

Previewing New Series On Mineral-Rich Mongolia

Originally published on Fri May 18, 2012 1:49 pm

Transcript

STEVE INSKEEP, HOST:

Let's get a sneak preview, now, of a coming attraction.

(SOUNDBITE OF SONG, "BELOVED OTTER-COLORED HORSE")

INSKEEP: Mongolia is the land of Genghis Khan and nomadic herders.

(SOUNDBITE OF SHEEP)

INSKEEP: And it's also now riding a mining boom.

(SOUNDBITE OF INDUSTRIAL CRASH AND HORNS)

INSKEEP: All next week, NPR's Frank Langfitt takes us to Mongolia where the rush to extract mineral resources is transforming a nomadic culture.

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