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NPR Story
2:08 am
Fri May 11, 2012

JPMorgan Chase Loses $2 Billion In Risky Trades

Originally published on Fri May 11, 2012 4:10 am

Transcript

STEVE INSKEEP, HOST:

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

DAVID GREENE, HOST:

And I'm David Greene. Good morning.

JPMorgan Chase has acknowledged losing at least $2 billion over the last six weeks in an investment strategy that went awry. The losses are a big embarrassment to a bank that's usually seen as one of the best-managed on Wall Street. And the incident is already prompting new calls for tighter restrictions on bank trading.

NPR's Jim Zarroli reports.

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NPR Story
2:08 am
Fri May 11, 2012

Ariz. Sheriff Arpaio Plans To Fight DOJ Lawsuit

Originally published on Fri May 11, 2012 4:10 am

The Department of Justice has announced it is suing Maricopa County Sheriff Joe Arpaio because of civil rights violations. He became a controversial figure for his tough stance on immigrants. Arpaio says he will not surrender his office and will fight the suit.

NPR Story
2:08 am
Fri May 11, 2012

White Sox Groom Saladino For Big League Play

Originally published on Fri May 11, 2012 4:10 am

Transcript

DAVID GREENE, HOST:

This spring and summer, we're following two minor league baseball players. We're learning about the pressures on an athlete, the emotional highs and lows, and just what their lives are like. One of the players is a young man named Tyler Saladino. He's in the Chicago White Sox organization, and fans are excited about the future for this 22-year-old.

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Religion
11:52 pm
Thu May 10, 2012

Same Bible, Different Verdict On Gay Marriage

While liberal Christians argue the Bible should be interpreted as society changes, conservatives argue for a more literal reading, leading to differences in belief about God and homosexuality.
Jonathan Gibby Getty Images

Originally published on Thu March 27, 2014 6:43 am

When President Obama announced he now supports same-sex marriage, he cited his Christian faith.

"The thing at root that we think about is, not only Christ sacrificing himself on our behalf, but it's also the Golden Rule, you know — treat others the way you would want to be treated," he said in his interview with ABC News.

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Election 2012
11:51 pm
Thu May 10, 2012

Obama, Romney In The Ring For Nevada's Latino Vote

Caroline Maya, a 21-year-old college student, registers to vote for the first time at the Latinos for Obama booth outside the Grand Sierra Casino in Reno, Nev., Saturday.
David Welna NPR

Originally published on Fri May 11, 2012 4:10 am

President Obama is giving a speech about the economy Friday in Reno, Nev. It's his third trip to Nevada this year. In 2008, he won the state by 12 percentage points — in large part by getting more than three-quarters of the Latino vote.

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