5:27pm

Wed August 14, 2013
Law

Former JPMorgan Chase Traders Charged Over 'White Whale' Bets

Originally published on Fri August 16, 2013 8:40 am

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

Federal prosecutors have charged two former JPMorgan Chase traders with securities fraud. The two men worked in London. And they are part of the so-called London Whale case, which cost the company more than $6 billion. U.S. officials say the men lied about the value of some derivatives trades to cover up mounting lawsuits. More from NPR's Jim Zarroli.

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5:18pm

Wed August 14, 2013
Parallels

Egypt's Ominous Developments

Originally published on Wed August 14, 2013 6:03 pm

Supporters of the Muslim Brotherhood clash with the Egyptian security forces Wednesday in Cairo. In addition to the fighting, the interim government imposed a state of emergency.
Mosaab El-Shamy AFP/Getty Images

Egypt suffered a day of terrible violence Wednesday, and the bloodshed was compounded by several developments that suggest more confrontations are ahead.

Egypt's security forces reasserted their authority on a number of fronts and gave every appearance that they would press ahead with a crackdown against the Muslim Brotherhood and other opposition groups.

Here are several examples:

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4:55pm

Wed August 14, 2013
It's All Politics

GOP Debate: Is Obamacare Fight Worth A Government Shutdown?

Originally published on Fri August 16, 2013 8:40 am

Congressional Republicans agree that the new federal health care program should be ended. But they are finding themselves bitterly divided over how.

They have tried dozens of times to repeal it. Now, some GOP lawmakers want to block all money for Obamacare in a stopgap spending bill that must be approved next month to prevent the government from shutting down on Oct. 1. But other Republicans say that won't work and may well backfire.

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4:52pm

Wed August 14, 2013
Business

More Companies Encourage Workers To Volunteer, On The Clock

Originally published on Fri August 16, 2013 8:40 am

Kristin Yentes (right) and other volunteers from U.S. Bank serve breakfast to diners at Catholic Charities Opportunity Center in Minneapolis. Workers from the bank have been volunteering with Catholic Charities for more than a year.
Jeffrey Thompson MPR

You're not likely to find many bankers wearing those old stereotypical green visors these days. But at U.S. Bank, some employees sport hairnets — at least when they're serving breakfast.

Every Friday morning, a group of U.S. Bank employees stands elbow to elbow at a Minneapolis soup kitchen, doling out French toast, sausage and other breakfast goodies. Most of the people getting free breakfast are homeless men who lug their belongings in plastic bags.

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3:39pm

Wed August 14, 2013
Author Interviews

Shipping: The 'Invisible Industry' That Clothes And Feeds You

Originally published on Wed August 14, 2013 4:38 pm

Ninety percent of what we wear, eat and consume is carried by container ships like this one at the state-run Jaya Container Terminal of Sri Lanka's port of Colombo.
Lakruwan Wanniarachchi AFP/Getty Images

Imagine a ship carrying goods in containers that, if lined up, would stretch around 11,000 miles long, or nearly halfway around the planet. Rose George spent several weeks aboard one such ship as research for her new book, Ninety Percent of Everything: Inside Shipping, the Invisible Industry That Puts Clothes on Your Back, Gas in Your Car and Food on Your Plate.

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3:09pm

Wed August 14, 2013
NPR's Backseat Book Club

September Kids' Book Club Pick: 'Wonder'

Random House

When Madeleine L'Engle won the Newbery Prize for A Wrinkle in Time, she ended her speech with the thought that a book "can be a star, 'explosive material, capable of stirring up fresh life endlessly,' a living fire to lighten the darkness, leading out into the expanding universe."

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2:59pm

Wed August 14, 2013
Shots - Health News

Industry Ties Raise Questions About Expert Medical Panels

Who's deciding which boxes he gets to check?
iStockphoto.com

When your doctor is looking to make a diagnosis or choose a treatment, she often checks to see what the experts recommend.

Guidelines from these groups of leading doctors help the average physician decide if it's time to prescribe drugs to lower a patient's cholesterol or turn to medicines for someone's depression.

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2:35pm

Wed August 14, 2013
The Two-Way

'Nothing Racist' Implied In 'Obama' Act, Says Rodeo Clown

Originally published on Fri August 16, 2013 8:40 am

A photo taken of the clown who wore a mask resembling President Obama during a rodeo Saturday at the Missouri State Fair.
Jameson Hsieh AP

Tuffy Gessling, the rodeo clown at the center of the controversy over the skit at the Missouri State Fair in which a man wearing a President Obama mask was mocked, says "nothing racist was ever implied."

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2:18pm

Wed August 14, 2013
NPR Story

African-American Musicians, More Than Just Jazz

Originally published on Wed August 14, 2013 2:23 pm

Johnny Linton, a music student, performs at the Gateways Music Festival's Youth Showcase Concert
Jim Hunter Gateways Music Festival

Jazz or blues may be the first thing that comes to mind we think of the contributions that African Americans have made to American music genres, but that overlooks the rich heritage of African- Americans in classical music. For two decades the Gateways Music Festival has challenged that image. This year the festival celebrates its 20th Anniversary in Rochester, New York and continues to celebrate the contributions of African-Americans to classical music by featuring world class musicians and conductors of African heritage.

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2:18pm

Wed August 14, 2013
The Two-Way

In Moscow, American Runner Dedicates His Medal To Gay Friends

Nick Symmonds of the United States celebrates winning silver in the Men's 800 meters final during Day Four of the 14th IAAF World Athletics Championships Moscow 2013 at Luzhniki Stadium on Tuesday.
Mark Kolbe Getty Images

The two-time U.S. Olympian Nick Symmonds won the silver medal in the 800 meter race, yesterday, in the IAAF World Athletics Championships in Moscow.

That wasn't the news, however. Instead, the news became Symmonds' dedication of his medal to his gay and lesbian friends.

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