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7:04 am
Fri June 1, 2012

U.S. Experiences A Drop In Millionaires

Originally published on Thu June 7, 2012 11:24 am

Transcript

DAVID GREENE, HOST:

OK, let's turn now to personal wealth. Today's last word in business is disappearing millions.

The number of millionaire households in this country declined in 2011. That's according to this year's Global Wealth Study from the Boston Consulting Group. It found the number of American households with a million dollars of investable assets shrunk by 2.5 percent.

The U.S. still leads the world in millionaires, but developing countries are gaining ground. Other countries added nearly 200,000 millionaire households in 2011.

The Two-Way
6:51 am
Fri June 1, 2012

Just 69,000 Jobs Added In May; Unemployment Rate Edges Up To 8.2 Percent

Originally published on Fri June 1, 2012 11:31 am

Horrid. Lousy. Awful.

Those are just three of the words economists are using to describe the news that just 69,000 net jobs were added to public and private payrolls last month — and that the nation's jobless rate edged up to 8.2 percent from April's 8.1 percent.

The news has raised fears that the hoped-for strengthening of the economy may not materialize.

We posted on the news and followed with details from the report and reaction to it. It's now 11:22 am. ET, here's our original post and earlier updates:

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The Two-Way
6:17 am
Fri June 1, 2012

Obama 'Sped Up Wave Of Cyberattacks Against Iran,' Says 'NYT'

This morning's talker:

"From his first months in office, President Obama secretly ordered increasingly sophisticated attacks on the computer systems that run Iran's main nuclear enrichment facilities, significantly expanding America's first sustained use of cyberweapons, according to participants in the program," The New York Times reports.

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The Two-Way
5:57 am
Fri June 1, 2012

'Hero' Of Seattle Shootings: 'I Just Threw The Frigging Stool' At Gunman

Left to right: Karen Eides, Tim Torres and David Gordon embrace as they kneel in front of a makeshift memorial outside the cafe in Seattle where a gunman killed four people.
Stephen Brashear Getty Images

Lawrence Adams doesn't want to be called a hero, but many in Seattle are saying that's just what he is.

As The Seattle Times reports this morning, police believe Adams saved the lives of at least three people on Wednesday when he picked up a stool at a cafe and threw it at a gunman who killed four people there. Adams' action distracted the gunman, identified as Ian Stawicki, and allowed Adams and some others to escape.

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Around the Nation
5:41 am
Fri June 1, 2012

Rare Double Egg Laid In Abilene, Texas

Originally published on Fri June 1, 2012 7:04 am

Transcript

DAVID GREENE, HOST:

Remembrances
5:34 am
Fri June 1, 2012

Voice Of Speedy Alka-Seltzer Dick Beals Dies At 85

Originally published on Fri June 1, 2012 7:04 am

Transcript

DAVID GREENE, HOST:

Good morning. I'm David Greene with a remembrance of Dick Beals, the man whose voice gave lie to Gumby. A glandular condition gave Beals his small stature and youthful voice, a voice that was used in more than 3,000 commercials. Beals played a wide range of roles - babies, teenagers, chipmunks. Perhaps most notably the Speedy Alka-Seltzer character.

(SOUNDBITE OF ADVERTISEMENT)

DICK BEALS: (Singing) Alka-Seltzer, plop, plop, fizz, fizz - oh, what a relief it is.

The Two-Way
5:21 am
Fri June 1, 2012

Mine Safety Questions Linger, One Year After Takeover Of Massey Energy

Originally published on Fri June 1, 2012 6:05 am

One year ago today, Alpha Natural Resources officially absorbed the troubled coal mining company Massey Energy, which had one of the worst safety records in the industry.

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The Two-Way
5:09 am
Fri June 1, 2012

Did Jobs Grow Fast Enough In May? Probably Not

Hoping for work: Job seekrs lined up Thursday at a job fair in Los Angeles.
Kevork Djansezian Getty Images

Originally published on Fri June 1, 2012 6:35 am

Breaking news at 8:34 a.m. ET: "Unemployment Rate 8.2 Percent In May As Just 69,000 Jobs Added

Our original post:

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Business
4:36 am
Fri June 1, 2012

Shilling Blames Rhode Island For Company's Troubles

Originally published on Fri June 1, 2012 10:01 am

Transcript

DAVID GREENE, HOST:

Let's spend some time talking about the big money world of video games. In a moment, what may have been the biggest legal battle ever in the game industry. But first to former Boston Red Sox pitcher Curt Shilling. He is blaming the governor of Rhode Island for the meltdown of his video game company, 38 Studios. The company's failures have seen almost 400 workers lose their jobs and has Rhode Island taxpayers on the hook for close to $100 million. Ian Donnis of Rhode Island Public Radio has the story.

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Law
3:29 am
Fri June 1, 2012

Fla. Judge Blocks Parts Of Voter Registration Law

Originally published on Fri June 1, 2012 12:25 pm

Transcript

DAVID GREENE, HOST:

Let's turn now to Florida, where a federal judge has blocked portions of a new election law that was causing a lot of debate. That law had put tough restrictions on groups conducting voter registration drives. Because of the restrictions, the League of Women Voters and Rock the Vote stopped registering votes(ph) in the state. Those groups challenged the new law in court. And yesterday, Judge Robert Hinkle sided with the groups. He called the rules onerous and unconstitutional.

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Economy
3:29 am
Fri June 1, 2012

Is Michigan Rebounding? Depends Who You Ask

Originally published on Fri June 1, 2012 7:04 am

Transcript

DAVID GREENE, HOST:

This election year we've seen a lot of cases where different people look at the same economic situation and come to different conclusions. And that seems to be happening in Michigan. It's America's comeback state - that according to its governor, Rick Snyder. Unemployment there is dropping, as the U.S. auto industry rebounds. And the state has a budget surplus for the first time in years.

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Politics
3:29 am
Fri June 1, 2012

Gubernatorial Recall Election Polarizes Wis. Voters

Originally published on Fri June 1, 2012 7:04 am

Transcript

DAVID GREENE, HOST:

It's been more than a year since Wisconsin Democrats began talking about recalling the state's governor, Scott Walker. Next week they'll get their chance to do it. Last night, Walker and his Democratic challenger, Milwaukee Mayor Tom Barrett, traded barbs in their final debate before Tuesday's vote. Turnout is expected to be very high, as the recall is sharply dividing voters in Wisconsin, so much so, some have just stopped talking to each other. NPR's David Schaper has the latest from Milwaukee.

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Business
3:29 am
Fri June 1, 2012

Exxon Mobil Plans Huge Chemical Facility In Texas

Originally published on Fri June 1, 2012 7:04 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with a new, multibillion-dollar chemical plant.

(SOUNDBITE OF MUSIC)

GREENE: Exxon Mobil plans to build a huge chemical facility in Baytown, Texas. It reverses a company statement last year that said it has no plans for new chemical factories in the United States. According to Reuters, decades-low natural gas prices made the move too enticing to pass over. Natural gas is a key fuel in chemical production. By using its own natural gas, Exxon Mobil can run a chemical plant relatively cheaply.

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Around the Nation
3:29 am
Fri June 1, 2012

Komen Donations Down After Planned Parenthood Dispute

Originally published on Fri June 1, 2012 7:04 am

Transcript

DAVID GREENE, HOST:

The Susan G. Komen Global Race for the Cure takes place tomorrow here in the nation's capital. It's one of the breast cancer charity's biggest fundraisers. But this year, participation is way down. That follows Komen's controversial decision in February to stop funding Planned Parenthood programs. The decision was quickly reversed, but Komen's supporters worry about the long-term impact, as NPR's Pam Fessler reports.

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NPR Story
3:20 am
Fri June 1, 2012

Draghi Warns Euro Framework Is 'Unsustainable'

Originally published on Fri June 1, 2012 7:04 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning. I'm David Greene. The financial woes of Greece and other countries of the eurozone, have meant painful austerity measures in exchange for financial bailouts. Now, Irish voters have approved a European Union treaty to battle the debt crisis. It's an effort to enforce strict budget cuts or face financial penalties.

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NPR Story
3:20 am
Fri June 1, 2012

'Call Of Duty' Creators Settle Lawsuit Against Activision

Originally published on Fri June 1, 2012 7:04 am

Transcript

DAVID GREENE, HOST:

And now to an even bigger battle that's been playing in the world of video games.

(SOUNDBITE OF VIDEO GAME)

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NPR Story
3:20 am
Fri June 1, 2012

Court Rules Against Part Of Marriage Act

Originally published on Fri June 1, 2012 7:04 am

Transcript

DAVID GREENE, HOST:

On a Friday, it is MORNING EDITION from NPR News. Good morning. I'm David Greene.

In a unanimous ruling, a federal appeals court has struck down part of the Defense of Marriage Act. The First Circuit Court of Appeals, in Boston, ruled the 1996 law unconstitutional because it denies giving gay couples the same rights afforded to heterosexual couples. As NPR's Barbara Bradley Hagerty reports, the ruling sets the stage for a potential battle at the U.S. Supreme Court.

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Iraq
1:00 am
Fri June 1, 2012

Ignoring Critics, Iraq's Leader Consolidates Power

Iraqi Prime Minister Nouri al-Maliki (center) arrives on May 8 at Kirkuk airport in northern Iraq, on his first visit to the multi-ethnic city since taking office.
Marwan Ibrahim AFP/Getty Images

Originally published on Fri June 1, 2012 8:30 pm

Iraqi Prime Minister Nouri al-Maliki recently held one of his traveling Cabinet meetings in the disputed city of Kirkuk in an effort to show Iraqi Arabs on the edge of the Kurdish-controlled north that he's working on their behalf, too.

But the fact that he felt obliged to bring in large numbers of heavily armed troops for the event illustrated the tension plaguing Iraqi politics.

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Planet Money
12:59 am
Fri June 1, 2012

A Front-Row Seat At A Bank Run

Petros Giannakouris ASSOCIATED PRESS

Originally published on Fri June 1, 2012 7:04 am

A decade ago, investors thought Greece would flourish on the euro. Money poured in, and banks started lending it out. Thefilos Papacostakis, a bank teller at Alpha Bank in Thessaloniki, got to hand out a lot of that money.

Last month, Thefilos says, his bosses called him in for a meeting. They told him things were about to get worse. When countries are in this kind of trouble, the bosses said, people panic and pull their money out of banks.

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StoryCorps
12:57 am
Fri June 1, 2012

When Mom Is Right, And Tells Police They're Wrong

Robert Holmes, 67, is a professor at Rutgers University.
StoryCorps

Originally published on Fri June 1, 2012 11:28 am

When Robert Holmes' parents moved to Edison, N.J., in 1956, they were one of the first African-American families to integrate the neighborhood.

"After we'd moved to Edison, there was a resentment that we had broken into the community," Holmes says.

Even at the age of 13, Holmes felt the animosity. The neighborhood had a private swim club that opened up to anyone who participated in the Memorial Day parade. Holmes was in the band.

"I arrived at the pool on Memorial Day having marched in the parade with my uniform still on, and they called the police," he says.

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Movie Interviews
10:03 pm
Thu May 31, 2012

Andrew Garfield, Disappearing Into Spidey's Suit

Andrew Garfield plays Peter Parker and his superheroic alter ego in The Amazing Spider-Man, Marvel Comics' reboot of the popular superhero film franchise, in theaters July 3.
Sony Pictures

Originally published on Fri June 1, 2012 7:04 am

Andrew Garfield is an actor on the verge of superstardom — and he's only 28 years old.

Although Garfield may be best known to American audiences for playing Facebook co-founder Eduardo Saverin in The Social Network, Garfield started acting in England, where he grew up. There, Garfield made notable turns in the critically acclaimed Red Riding Trilogy as well as in Never Let Me Go, based on the novel by Kazuo Ishiguro.

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NPR Story
8:57 pm
Thu May 31, 2012

Ethics Group Head On Edwards Verdict

Originally published on Thu May 31, 2012 8:58 pm

A jury found former Democratic Sen. John Edwards not guilty on one count of campaign finance fraud and was deadlocked on five other counts. The Citizens for Responsibility and Ethics in Washington, D.C., filed an amicus brief in the Edwards corruption case, asking that it be thrown out. Melanie Sloan, executive director of the group, offers her insight.

The Two-Way
4:57 pm
Thu May 31, 2012

LIVE BLOG: The National Bee Casts Its Spell

Sam Lowery, of Charlestown, Mass., spells his word in the air during Round 2 of the National Spelling Bee in Oxon Hill, Md., on Wednesday.
Evan Vucci AP

Originally published on Fri June 1, 2012 4:45 am

Snigdha Nandipati, 14, of San Diego has been crowned the champion in the 2012 Scripps National Spelling Bee. Her winning word was "guetapens," a French-derived word for "an ambush, snare or trap."

A very calm Snigdha beat eight other finalists, including her last competitor, Stuti Mishra, 14, of West Melbourne, Fla. Stuti got tripped up on the word "schwarmerei."

The winner got $30,000 in cash, a trophy, a $2,500 savings bond, a $5,000 scholarship, $2,600 in reference works from the Encyclopedia Britannica and an online language course.

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Election 2012
4:57 pm
Thu May 31, 2012

Boston Takes Center Stage In Fight For White House

Mitt Romney shakes hands as he walks into the House Chambers during inaugural ceremonies at the State House in Boston in 2003. the Obama campaign sought to focus attention on Romney's tenure as Massachusetts governor.
Elise Amendola AP

Originally published on Thu May 31, 2012 8:58 pm

President Obama's re-election campaign is training some of its heaviest guns on a new target — the four years that GOP presidential challenger Mitt Romney served as governor of Massachusetts.

In Boston Thursday, David Axelrod, a top Obama campaign adviser, joined Democratic state legislators and mayors on the steps of the State House to lampoon Romney's record there as governor between 2003 and 2007.

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It's All Politics
4:55 pm
Thu May 31, 2012

John Edwards' Might've Walked But Trial Still A Warning For Politicians

Former Democratic U.S. Sen. John Edwards (center) and his daughter Cate Edwards leave the federal court Thursday.
Sara D. Davis Getty Images

Originally published on Fri June 1, 2012 4:48 pm

With a not guilty verdict on one count and the jury deadlocked on five others, it appears John Edwards' federal trial on campaign-finance charges ended with a whimper, certainly from the Justice Department's point of view.

At first blush, it can be argued that how the trial of the former U.S. senator from North Carolina ended may do little to deter politicians. They'll still be able to go forward and rake in money from supporters and, with some sleight of hand, spend that cash on practically anything.

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Law
4:48 pm
Thu May 31, 2012

Mistrial Declared In John Edwards Corruption Case

Originally published on Thu May 31, 2012 8:58 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

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The Two-Way
4:00 pm
Thu May 31, 2012

Brian Banks, Who Was Cleared Of Rape Conviction, Will Get Shot At NFL Tryout

A tear of relief: Brian Banks after his rape conviction was dismissed Thursday.
Nick Ut AP

Earlier this month, we told you the story of Brian Banks, who served five years in prison and then five years probation for a rape conviction that was thrown out.

As Mark wrote, he had to endure the "shame of being a registered sex offender and "not being able to get a job." And he thought his dream of playing in NFL was destroyed.

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Energy
3:51 pm
Thu May 31, 2012

Gulf Refinery Expansion May Not Cut Gas Prices

Expanding the refinery at Port Arthur, Texas, took five years and $10 billion. The facility can now process 600,000 barrels a day.
Motiva Enterprises

Originally published on Mon June 4, 2012 5:44 pm

In Texas recently there was a grand opening for what is now the largest refinery in the U.S. Shell and Saudi Arabia's national oil company, Saudi Aramco, have more than doubled the capacity of their Port Arthur refinery.

The refinery business has been going through a tough period in recent years. Americans are buying less gasoline and other petroleum products — about 10 percent less than in 2005, according to the U.S. Energy Information Administration.

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The Salt
3:48 pm
Thu May 31, 2012

Antibiotic-Free Meat Business Is Booming, Thanks To Chipotle

The antibiotic-free pigs roam freely on Niman Ranch in Iowa.
Sarah Willis courtesy Niman Ranch

Originally published on Fri June 1, 2012 5:12 pm

It's no longer just foodies at farm markets or Whole Foods buying antibiotic-free, pasture-raised meats.

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Shots - Health Blog
3:11 pm
Thu May 31, 2012

More Americans Are Checking Prices Before Getting Health Care

How much will that cost, doc?
iStockphoto.com

Do you shop around for the best price on a visit to the doctor, a CT scan or surgery at a hospital? If so, it looks like you've got a little more company.

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