NPR Business

The Two-Way
3:43 pm
Tue May 14, 2013

Holder Defends Subpoena Of Journalists' Phone Logs

Attorney General Eric Holder says he recused himself last year from a national security leak probe in which prosecutors obtained the phone records of Associated Press journalists.
Chip Somodevilla Getty Images

Originally published on Tue May 14, 2013 5:42 pm

Attorney General Eric Holder has defended the Justice Department's actions in secretly obtaining journalists' phone records as part of a probe into leaks of classified material, but said he himself had nothing to do with the subpoena.

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Money Coach
12:26 pm
Tue May 14, 2013

Why Should We Care About The Stock Market?

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Coming up, by now, you've probably heard about so-called Tiger Moms and Dads. That term refers to Asian-American parents who allegedly keep their cubs on a tight leash and demand academic excellence. Now we're learning more about whether that parenting style really works. We'll talk about that in just a few minutes.

But first we want to talk about something you've probably heard about, even

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News
12:23 pm
Tue May 14, 2013

Whatever Happened To The Economy?

The economy is still a big issue, but Washington isn't doing much about it.
Paul J. Richards AFP/Getty Images

Originally published on Tue May 14, 2013 2:36 pm

Remember the economy?

The election year was dominated by talk about jobs and the economy, but neither the administration nor Congress seems to have any grand ideas for jump-starting a still sluggish recovery — and they're not even talking about it much.

President Obama sought to turn attention back to economic issues with a speech last week in Texas on manufacturing, but that's already long since been forgotten. A cascade of scandals has driven the issue entirely off the Washington radar.

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Business
4:49 am
Tue May 14, 2013

Business News

Originally published on Tue May 14, 2013 1:19 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with the possible breakup of Sony.

(SOUNDBITE OF MUSIC)

Business
4:49 am
Tue May 14, 2013

The Last Word In Business

Originally published on Tue May 14, 2013 1:19 pm

Transcript

DAVID GREENE, HOST:

Our last word in business today is: Bluth's Frozen Banana Stand.

(SOUNDBITE OF TV SHOW, "ARRESTED DEVELOPMENT")

JEFFREY TAMBOR, ACTOR: (as George Bluth Sr.) There's always money in the banana stand. Don't touch me.

GREENE: The fictional banana stand was part of a running joke on the TV program "Arrested Development." and for short time it is a reality in New York City.

STEVE INSKEEP, HOST:

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Politics
4:49 am
Tue May 14, 2013

Lawmakers Call For Hearings On IRS Scandal

Originally published on Tue May 14, 2013 1:19 pm

Transcript

DAVID GREENE, HOST:

This IRS scandal has given Republicans an unexpected opportunity to chide the Obama administration. And it comes as the GOP was resurrecting questions about how top Washington officials, including the president, handled the attacks on a U.S. diplomatic compound in Benghazi, Libya last year.

NPR's David Welna has more on the latest political firestorm.

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Politics
4:49 am
Tue May 14, 2013

IRS Controversy Revives Questions About Tax-Exempt Issues

Originally published on Tue May 14, 2013 1:19 pm

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION from NPR News. Good morning, I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

We're going to spend some time this morning, examining tax examiners at the IRS. The Internal Revenue Service is under fire for paying extra attention to conservative groups that were seeking tax exempt status. The groups had names suggesting they were linked with the Tea Party.

GREENE: Now, social welfare organizations can claim tax exemptions, political groups are treated differently.

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Business
4:49 am
Tue May 14, 2013

How Long Will Fed Chief Lead Federal Reserve?

Originally published on Tue May 14, 2013 1:19 pm

Transcript

STEVE INSKEEP, HOST:

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Law
3:25 am
Tue May 14, 2013

Justice Department Secretly Obtains AP Phone Records

The screen on the phone console at the reception desk at The Associated Press Washington bureau.
Jon Elswick AP

Originally published on Tue May 14, 2013 1:19 pm

The Associated Press is protesting what it calls a massive and unprecedented intrusion into its gathering of news. The target of that wrath is the U.S. Justice Department, which secretly collected phone records for several AP reporters last year. The AP says it's caught in the middle of a Justice Department leak investigation.

The scope of the Justice Department subpoenas is what gives David Schultz, a lawyer for AP, pause.

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The Two-Way
7:00 pm
Mon May 13, 2013

Associated Press: Feds Secretly Obtained Reporter Phone Logs

Mario Tama Getty Images

Originally published on Tue May 14, 2013 7:04 am

The Associated Press news agency says that the Department of Justice secretly obtained two months of telephone records on 20 lines used by its reporters and editors.

The records covered April and May 2012, and according to the AP:

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