Business
5:13 am
Tue August 20, 2013

Rocky Road Predicted For Egypt's Stock Exchange

Originally published on Tue August 20, 2013 7:15 am

The Egyptian Exchange was shut down at the end of last week as protests and violence raged in Cairo and elsewhere. It re-opened on Sunday, but trading hours were shortened to give employees more time to get home before curfew. Many foreign investors reportedly pulled out of the exchange earlier this year.

Business
5:13 am
Tue August 20, 2013

Money Flows Into Egypt, But Where Does It Come From?

Originally published on Tue August 20, 2013 6:46 am

The aid propping up both sides of Egypt's ongoing political crisis largely comes from regional rivals. Saudi Arabia leads the financial support of Egypt's military rulers. Qatar leads the support of the Muslim Brotherhood. Renee Montagne talks to Max Rodenbeck, Middle East correspondent for The Economist, about funding sources

Business
5:13 am
Tue August 20, 2013

SEC Bans Falcone From Trading For 5 Years

Originally published on Tue August 20, 2013 5:40 am

Transcript

DAVID GREENE, HOST:

Back in this country, a major hedge fund manager, Philip Falcone and his company, Harbinger Capital Partners, have agreed to pay $18 million to settle charges over the improper use of his company's money.

As NPR's Richard Gonzales reports, Falcone is also barred from the securities industry for five years.

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Business
5:13 am
Tue August 20, 2013

British Firm Tries Out Virtual Receptionist

Originally published on Tue August 20, 2013 7:20 am

Shanice is about to start her job as the receptionist at a new local government office in London. She also happens to be a hologram. Officials say that at a cost of $19,000, she's much cheaper than a living and salaried alternative.

Business
5:13 am
Tue August 20, 2013

JPMorgan Chase faces Growing Legal Problems

Originally published on Tue August 20, 2013 6:25 am

On Monday, The Wall Street Journal reported the Justice Department is investigating the bank over improper energy trading. That follows the news that the anti-bribery unit of the Security and Exchange Commission is looking into whether JPMorgan hired the children of Chinese officials to help win business.

Environment
2:57 am
Tue August 20, 2013

How Extreme Australian Rains Made Global Sea Levels Drop

Heavy rains in Australia in 2010 and 2011 flooded farmland and homes, like these in the Queensland state town of St. George, seen here on Feb. 7. 2011.
Sally Nicol Rigney AFP/Getty Images

Originally published on Tue August 20, 2013 9:19 am

Global sea level has been rising as a result of global warming, but in 2010 and 2011, sea level actually fell by about a quarter of an inch.

Scientists now say they know why: It has to do with extreme weather in Australia.

The sea level drop coincided with some of the worst flooding in that continent's history. Dozens of people died and torrents washed away houses and cars, forcing thousands from their homes.

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U.S.
2:56 am
Tue August 20, 2013

One By One, California Agents Track Down Illegally Owned Guns

Firearms seized during a sweep by the Los Angeles Police Department using the California's Armed Prohibited Persons System initiative. The program uses a database to identify gun owners who are no longer allowed to possess a firearm.
Damian Dovarganes AP

Originally published on Tue August 20, 2013 8:57 am

In California, officials are ramping up a unique program that identifies and seizes guns from people who are prohibited from keeping them. Under state law, a legally registered gun owner loses the right to own a firearm when he or she is convicted of a crime or becomes mentally ill.

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The Two-Way
2:25 am
Tue August 20, 2013

U.S. Sen. Ted Cruz To Renounce Canadian Citizenship

Republican Sen. Ted Cruz of Texas speaks about immigration during a march near Capitol Hill in July.
Drew Angerer Getty Images

Originally published on Tue August 20, 2013 8:41 am

Republican Sen. Ted Cruz of Texas has been mentioned as a possible presidential candidate in the 2016 election. But to run for president, the U.S. Constitution says a candidate must be a "natural born" U.S. citizen; it doesn't mention dual citizenship.

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Music News
2:03 am
Tue August 20, 2013

How To Win That Music Competition? Send A Video

If someone like Lang Lang were starting out now, the energetic concert pianist could nail every piano competition without the judges ever hearing a note, according to a new study.
China Photos Getty Images

Originally published on Tue August 20, 2013 5:13 am

Chia-Jung Tsay was something of a piano prodigy. By age 12, she was performing Mendelssohn in concert. At 16, she made her debut at Carnegie Hall. Soon, she was on her way to some of the best music schools in the country — Juilliard and the Peabody Conservatory. And she was throwing her hat in the ring for different competitions.

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Charlotte Talks
12:00 am
Tue August 20, 2013

Planning Family Size

Parents-to-be, listen up. Bloomberg News reports a middle-income family will spend $241,080 to raise a child born in 2012. That’s a 2.6 percent increase from just last year and outstrips the rate of inflation. But that’s just one consideration when planning to start or expand a family. PRI’s The World is collaborating with stations nationwide to examine family size and we take our turn when Charlotte Talks.

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