Good morning. I'm Steve Inskeep, with an awkward moment for the housing authority in Wilkinsburg, Pennsylvania. A fire alarm went off inside an apartment building. Strobe lights flashed. A high-pitched screech went on and on. And building managers had to confess the problem. The switch to shut off the alarm was in a locked room, and the housing authority did not have the key. The same room contains access to an ATM. The alarm was shut off 16 hours later. You're listening to MORNING EDITION. Transcript provided by NPR, Copyright NPR.
This month we are collecting your stories about the good things Americans are doing to make their community a better place. Some of your contributions will become blog posts and the project will end with a story that weaves together submissions to make a story of Americans by Americans for Americans.
Financial regulators in New York said yesterday they may bar a British bank from doing business in the state. They said that because the bank allegedly laundered some $250 billion in Iranian money through its branch in Manhattan. The bank is Standard Chartered Bank. It does much of its business in Asia, Africa and the Middle East. But like any global bank, it wants to have a foothold in the U.S. markets, and that foothold is now in danger. For more, we turn to NPR's Jim Zarroli in New York.
Best Buy's founder and former chairman is not happy about the way things are going. That's why Richard Schulze said, yesterday, he wants to buy back the shares he does not already own and take the electronics retailer private. Schulze said he decided to publicly announce this offer because the board was taking too much time with it - could be worth nearly $9 billion in cash.
But as NPR's Yuki Noguchi reports, the deal is being met with some skepticism.