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Business
10:28 am
Fri August 9, 2013

UBS To Pay $120 Million In Lehman Brothers Dispute

Originally published on Fri August 9, 2013 12:06 pm

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with more fallout from the financial crisis.

Swiss banking giant UBS has agreed to pay $120 million to settle a lawsuit by investors. The case goes back to 2007. Investors say they were misled about the health of the financial firm Lehmann Brothers when UBS was selling them investments linked to Lehmann's debt. Lehmann collapsed into bankruptcy in September 2008. The settlement resolves claims of about $1 billion. Transcript provided by NPR, Copyright NPR.

Around the Nation
6:47 am
Fri August 9, 2013

Kansas City Sandwich Is A 'Hit' With Baseball Teams

Originally published on Fri August 9, 2013 12:06 pm

Transcript

DAVID GREENE, HOST:

Good morning. I'm David Greene. Oklahoma Joe's barbecue is a popular spot in Kansas City - especially known for its Z-Man sandwich - smoked brisket with provolone topped with onion rings. The Minnesota Twins must've gotten the memo. They ordered 50 Z-Mans on Tuesday, and went on to beat the hometown Royals in a blowout.

Around the Nation
6:47 am
Fri August 9, 2013

Michigan Family Welcomes 12th Child

Originally published on Fri August 9, 2013 12:06 pm

Transcript

LINDA WERTHEIMER, HOST:

Good morning. I'm Linda Wertheimer, with an announcement. Michiganders Jay and Teri Schwandt just had their 12th child, and it's a boy, just like his 11 brothers. Little Tucker was nine days late, so they thought he might be a girl - not happening.

Must be a family thing. Teri's sister has 10 children, and they are all boys. Will they try again for lucky 13? We will never close that door, says Teri.

You're listening to MORNING EDITION. Transcript provided by NPR, Copyright NPR.

Digital Life
5:22 am
Fri August 9, 2013

New Digital Amber Alerts Could Create A Backlash

Amber Alerts were issued as cellphone text messages in California this week.
NPR

Originally published on Fri August 9, 2013 1:20 pm

A couple of nights ago I had just closed my book, turned off my light, and was drifting off to sleep when my cellphone started to shriek. I shot awake and groped for the phone. My sleep-befuddled brain was greeted with this message: "Boulevard, CA Amber Alert update." Then there was a license plate number, and a make and model of the car.

Groggily, I Google this town — Boulevard, Calif. — and discovered it was 541 miles away from my house. That's more than the distance between Washington, D.C., and Detroit. I was mystified. Why was I getting this?

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NPR Story
4:50 am
Fri August 9, 2013

Astronaut Among Presidential Medal Of Freedom Winners

Originally published on Fri August 9, 2013 12:06 pm

Transcript

DAVID GREENE, HOST:

Astronaut Sally Ride has served as a role model for many young women as the first American woman in space. That's one of the reasons why she's one of the 16 recipients of the Presidential Medal of Freedom.

LINDA WERTHEIMER, HOST:

Ride is being honored posthumously - she died last year at the age of 61. The White House in a statement said: Sally Ride stood up for racial and gender equality in the classroom and taught students that there are no limits to what they can accomplish.

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NPR Story
4:50 am
Fri August 9, 2013

Feds Probe If Student Athletes Were Biogenesis Clients

Originally published on Fri August 9, 2013 12:06 pm

Transcript

DAVID GREENE, HOST:

Major League baseball, this week, sanctioned a number of players, including New York Yankee Alex Rodriguez. They're accused of receiving performance enhancing drugs from a Miami clinic called Biogenesis.

LINDA WERTHEIMER, HOST:

And according to ESPN and other organizations, that clinic also saw high school athletes. Parents have told the sports network they don't know why their children were listed in the clinics records. The lawyer for the owner of Biogenesis declined to comment to ESPN and has not returned calls from NPR.

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NPR Story
4:50 am
Fri August 9, 2013

Lawlessness Increases In Libya

Originally published on Fri August 9, 2013 12:06 pm

Transcript

DAVID GREENE, HOST:

And just preserving some semblance of order is the big challenge in neighboring Libya. That country's long-time dictator, Muammar Gaddafi was toppled from power two years ago and now the future of Libya as even a functioning state is in question. There has been increased lawlessness in that country. The militias that ousted Muammar Gaddafi are fighting with each other. A thousand inmates escaped in a prison break and there are assassinations of activists and police.

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Parallels
3:08 am
Fri August 9, 2013

Unease In Sprawling Rio Slum Ahead Of Police 'Pacification'

A police officer patrols the rooftop of a school at the Rocinha slum in Rio de Janeiro, Brazil, on Sept. 20, 2012, where a "pacification" anti-crime effort was underway. Rio police are now going to attempt a similar pacification in another huge slum, Mare.
Silvia Izquierdo AP

Originally published on Fri August 9, 2013 12:06 pm

Brazilian police are preparing to occupy one of the deadliest shantytown complexes in Rio de Janeiro, hoping to drive out drug gangs ahead of next year's World Cup and the 2016 Olympics.

It's the latest "pacification" effort in a Rio slum, and the city's new chief of police says he'll need some 1,500 cops to secure this one, called Mare.

Police in the past would typically stage raids, but then withdraw from the dangerous shantytowns, known here as favelas. But under the pacification program, they now set up shop inside the favelas.

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Planet Money
3:07 am
Fri August 9, 2013

Tourre Juror: 'We Saw Goldman As The Bigger Problem'

Fabrice Tourre, outside the courtroom. "We didn't feel any malice toward him," one of the jurors said.
Richard Drew AP

Originally published on Fri August 9, 2013 12:06 pm

Beth Glover was a juror on the trial of former Goldman Sachs trader Fabrice Tourre. When the lawyers were discussing the mortgages tied to the securities at the center of the case, Glover realized that, for all intents and purposes, they were talking about her mortgage.

"When they were looking at the subprime mortgage groupings, I think I would have been in one of those," Glover told me. "I didn't have as great as FICO score at that time."

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The Salt
3:05 am
Fri August 9, 2013

Old Hawaiian Menus Tell Story Of Local Fish And Their Demise

Colorful covers of menus from the Royal Hawaiian Hotel (left) and the Monarch Room Royal Hawaiian Hotel.
New York Public Library

Originally published on Tue August 13, 2013 3:53 pm

In the early to mid-1900s, the islands of Hawaii were a far-away, exotic destination. People who managed to get there often kept mementos of that journey including kitschy menus from Hawaiian fine dining restaurants and hotels like like Trader Vic's and Prince Kuhio's.

Now these old menus are serving a purpose beyond colorful relics from the past. Kyle Van Houtan, an ecologist with the National Oceanic and Atmospheric Administration, says he's found a scientific purpose for the menus.

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