I'm Michel Martin and this is TELL ME MORE from NPR News. Coming up, it's an article of faith that parents are going to try to work hard and sacrifice so they can leave something to their kids. But a new survey shows that that's less and less the case for millionaire baby boomers. We'll hear more about that in just a few minutes. That's this week's Money Coach conversation.
"A key federal report blames poor management, key missteps and a faulty cement job by BP and others for the worst offshore oil spill in U.S. history and the deaths of 11 rig workers," The Associated Press reports.
"The Obama White House tried to rush federal reviewers for a decision on a nearly half-billion-dollar loan to the solar-panel manufacturer Solyndra so Vice President Biden could announce the approval at a September 2009 groundbreaking for the company's factory, newly obtained e-mails show."
Republicans had reasons to cheer and Democrats to despair Wednesday with the upset special election victory in New York City of a Republican retired businessman who will complete the congressional term of Anthony Weiner, the Democrat who exited the U.S. House because of a sexting scandal.
Bob Turner, a 70-year old former cable television executive, beat David Weprin, a 55-year old, state assemblyman, in a district which had, until Tuesday, been reliably Democratic for nearly 100 years.
"Republicans pulled off an upset in Tuesday's special election in New York City to replace former congressman Anthony Weiner," NPR's Joel Rose reports. "Bob Turner claimed victory over Democrat David Weprin."
Tyrannosaurus rex roamed the Earth some 65 million years ago. In the century since the first skeleton was unearthed in Montana, our understanding of how the giant predator lived, moved and behaved has evolved. Watch the videos below to see the latest T. rex research in motion.
In Tripoli, residents are painting the town red, green and black, the new colors of the Libyan revolution.
Under Moammar Gadhafi, the regime strictly controlled the images that were allowed in public. Storefronts had to be painted green. English was banned on signs. Anti-regime graffiti was quickly painted over and could be met with a harsh response.
Sports fans love to designate certain games as "the greatest ever," the "match of the century" and so forth. Well, I would like to state that a piece in the October issue of The Atlantic Monthly, which was released online Tuesday, may well be the most important article ever written about college sports.
The back rooms of museums are like your grandparents' attic, only the stuff is more exotic â€” things like fossilized jellyfish, dinosaur eggs, or mummified princes.
And if you look carefully, you'll find objects that once changed science but are now largely forgotten. You might call them Lost Treasures of Science. This is a story of one of those objects â€” a special bone that's part of a special skeleton.
Terrified to see your teenager behind the wheel? You're not alone. But a new study finds tougher state licensing laws have led to a decrease in fatal accidents, at least among 16-year-olds. That's the good news.
Republicans aren't exactly crazy about the public works spending President Obama proposes in his $447 billion jobs bill sent to Congress this week, but they are even less enamored with how the president wants to pay for it: by ending a slew of tax breaks for wealthy individuals and corporations.
As the Palestinians plan to make a bid for statehood at the United Nations next week, many Palestinians see it as a way to break years of deadlock with Israel.
The Israelis, meanwhile, see only diplomatic fallout and the potential for violence.
For Palestinians, the U.N. plan is loaded with symbolism. The central post office in the Palestinian city of Ramallah is issuing a series of commemorative stamps and postcards this month. For the first time, they will identify the country of origin as Palestine.
A day after her finance minister said the possibility of an "orderly default" by Greece should be on the table, German Chancellor Angela Merkel sought to reassure markets by saying that Germany will continue to finance Greece.
We're breaking from the serious news for a few minutes to bring you a bit from New York City, where a group of New York City's finest may be in hot water for having a little too much fun at the city's West Indian American Carnival parade.
The parade happened Sept. 5, but after a video of the dancing uniformed cops was posted on the website WorldStarHipHop and then went viral on YouTube, the New York City Police Department announced today it was launching an investigation.
The nation's poverty rate rose last year to 15.1 percent, the highest level in 17 years, according to new data from the Census Bureau. The agency's latest poverty report, released Tuesday, shows that 46 million people were poor and that the median income dropped last year by more than two percent to about $49,445.
Not unexpectedly, the continued lack of jobs was the main cause.
Ted Weschler of Charlottesville, Va., paid $2.6 million dollars at a charity auction in both 2010 and 2011 to have lunch with Warren Buffett.
In a press release, yesterday, Berkshire Hathaway announced that Weschler was joining Buffett and another partner to manage some of Berkshire's equity holdings. But the interesting part comes later in the release, when the company says:
Warren Buffett, Berkshire's Chairman, will continue, however, to manage most of the funds until his retirement.
Originally published on Fri September 16, 2011 3:30 pm
Now the nation's pediatricians have waded deep and early into the race for the presidency. In an unusual instance of political fact-checking of a candidate's statements by physicians themselves, the American Academy of Pediatrics has a tough prescription for Republican Rep. Michele Bachmann: Get your facts straight on the HPV vaccine.
Tuesday's hearing in the supercommittee was supposed to be about the history of the current debt crisis. Almost nothing causes more partisan bickering than that. Each party is fervent in its belief about who drove the government into the ditch â€” namely, the other guys.
On Tuesday, however, Doug Elmendorf, the man who runs the non-partisan Congressional Budget Office (CBO), immediately dispensed with the question of blame and laid out the options for the supercommittee.
It's been nearly four months since a tornado slammed into Joplin, Mo., destroying about one-third of the city. More than 525 businesses were in the direct path of the storm.
Now as they rebuild, business owners are seeing some opportunities in the wake of their tremendous losses.
'Can Do' Attitude
After the tornado hit, the building that housed the Medicine Shoppe Pharmacy in Joplin was destroyed. A safe used to store narcotics was one of the only things to survive and even it got knocked over by the powerful winds.
The Obama administration is scrambling to head off what it fears will be a diplomatic train wreck at the United Nations next week.
After years of gridlock in Mideast negotiations, the Palestinians plan to seek U.N. membership as a state on territory captured by Israel in the 1967 war. That territory includes the West Bank, the Gaza Strip and East Jerusalem, and the plan would go through the Security Council, where the U.S. has already promised to use its veto.
Partisans on both sides continue to argue over whether to put more money into the coffers of the Federal Emergency Management Agency, which is running short of cash because there have been so many tornadoes, hurricanes, floods and other natural disasters this year.
The political bickering is nothing new, of course.
They're calling it Million Hearts â€“ a newly launched campaign to put a half-dozen simple and proven public health strategies into wider practice. Federal health officials say it can prevent a million heart attacks and strokes between now and 2016.