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Business
4:45 am
Tue July 2, 2013

Former Energy Secretary Wants Power Generation Decentralized

Originally published on Tue July 2, 2013 8:36 am

Transcript

RENEE MONTAGNE, HOST:

President Obama announced, last week, a hugely ambitious plan to reduce greenhouse gas emissions and push the country towards cleaner energy. Right now, just nine percent of our energy consumption comes from renewable sources.

Former U.S. secretary of energy Steven Chu would like to see us get to 50 percent by the middle of the century. Chu left the cabinet in April, but even before that, he began talking to utility companies could adopt a radically different business model.

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Africa
4:45 am
Tue July 2, 2013

Obama Announces Trade Africa Initiative

Originally published on Tue July 2, 2013 8:36 am

Transcript

DAVID GREENE, HOST:

And farther south on the African continent, President Obama is wrapping up a three-country tour. He's in Tanzania now, on the coast of the Indian Ocean. NPR's Ari Shapiro is travelling with the president and reports on Obama's first day in the Tanzanian city of Dar es Salaam.

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Television
4:45 am
Tue July 2, 2013

Local TV Stations Snapped Up In Buying Sprees

Originally published on Tue July 2, 2013 8:36 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

The Chicago-based Tribune Company, newly out of bankruptcy, is trying to sell off its newspaper holdings. Yet even as the company withdraws from print media, it's making a big push into local television, following the lead of other major media players.

NPR's David Folkenflik reports

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Economy
4:45 am
Tue July 2, 2013

Economic Squeeze Plays Out On Egyptian Streets

Originally published on Tue July 2, 2013 8:36 am

David Greene talks to Farah Halime, a Cairo-based financial journalist who writes about Egypt's economy. Whether President Morsi caves to protesters' demands to step down, whoever ends up running the country will have to deal with a terribly deteriorating economy. Halime's blog is called the RebelEconomy.com.

Business
4:45 am
Tue July 2, 2013

The Last Word In Business

Originally published on Tue July 2, 2013 8:36 am

Transcript

DAVID GREENE, HOST:

And our last word in business today is sure to get you in an Empire State of mind.

Many city-dwellers have embraced Uber. This is an app that allows you to call a taxi or a town car and then track its timely arrival to your location.

RENEE MONTAGNE, HOST:

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Economy
4:45 am
Tue July 2, 2013

Portugal's Budget Austerity May Do More Harm Than Good

Originally published on Tue July 2, 2013 8:36 am

Transcript

DAVID GREENE, HOST:

I always wondered where some of those stock market symbols came from.

To Europe now. Portugal's finance minister - the architect of the country's economic bailout deal with the European Union - has resigned. In stepping down, he cited the backlash against the policies he imposed at the urging of European lenders.

NPR's Lauren Frayer reports on this latest turn in the debate over whether severe budget austerity does more harm than good.

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Business
4:45 am
Tue July 2, 2013

Business News

Originally published on Tue July 2, 2013 8:36 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts on a high note.

(SOUNDBITE OF MUSIC)

MONTAGNE: Steinway Musical Instruments announced Monday that it would be acquired by the private equity firm Kohlberg and Company in a deal worth $438 million. Kohlberg says it plans to build on Steinway's 160 years of piano-making tradition and expand its sales globally.

Europe
4:45 am
Tue July 2, 2013

Trade Talks With E.U. Threatened After Spying Allegations

Originally published on Tue July 2, 2013 8:36 am

Europe is in an uproar over revelations that U.S. intelligence services are spying on the European Union mission in New York and its embassy in Washington. The new allegations come from the latest secret U.S. National Security Agency documents leaked by Edward Snowden.

Middle East
4:45 am
Tue July 2, 2013

Egypt's Army Gives Morsi Deadline To Allay Opposition

Originally published on Tue July 2, 2013 8:36 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

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National Security
4:45 am
Tue July 2, 2013

NSA Leaker Snowden Seeks Asylum In Russia

Originally published on Tue July 2, 2013 8:36 am

Transcript

DAVID GREENE, HOST:

The saga of Edward Snowden feels like a page-turner, the story of an international fugitive no one wants. Snowden is the former NSA contractor trying to avoid prosecution in the U.S. for leaking classified documents.

RENEE MONTAGNE, HOST:

Snowden has been weighing his options as he languishes in a Moscow airport. He's requested asylum in at least 20 countries now. According to the website WikiLeaks, Snowden's legal advisor submitted those requests by hand to diplomatic missions in Moscow.

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