The big bank Goldman Sachs holds its annual shareholder meeting today. These meetings are a chance for shareholders to hear from the CEO and vote on key issues, like CEO's pay. Five years ago, during the financial crisis, Goldman's CEO was a poster boy for overpaid executives. To find out how much Lloyd Blankfein is making now, we reached Neil Weinberg. He's editor-in-chief of American Banker.
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For months now, the Obama administration has promised to reveal more about America's secret drone program, and today could be the day. The president will speak this afternoon at the National Defense University, and he's planning to discuss America's fight against terrorism. He is expected to address everything from drones to the prison at Guantanamo Bay.
A day after school officials approved shutting down 50 schools, the Chicago Teachers Union and community activists say they'll hold a voter registration and education campaign. The union is agitated that Mayor Rahm Emanuel, school board members and some lawmakers failed to listen to parents, teachers and others who called for the schools to remain open.
Before they voted yes on the sweeping school closure plan, school board members faced a torrent of criticism Wednesday. Protesters tried to conduct a sit-in at the front of the boardroom, but security officers escorted them out.
This follow-up now on the move for immigration reform: When a Senate committee approved a bill overhauling immigration laws this week, it was a victory for supporters of reform, but a bitter pill for one group: the gay and lesbian community. Both Republican and Democratic senators rejected an amendment that would have allowed American citizens to sponsor their same-sex partners for permanent residency. NPR's Richard Gonzales reports from San Francisco.
NPR's business news begins with a big payback to the Fed.
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GREENE: Three years ago President Obama's green energy loan program gave a $455 million federal loan to electric carmaker Tesla. Critics bashed the loan as risky. Yesterday, Tesla announced it had paid that loan back in full - and early. The company was one of five carmakers to get money into the program. Tesla was first to repay it. Transcript provided by NPR, Copyright NPR.
The IRS has admitted to targeting conservative groups seeking tax exempt status. And yesterday at a House hearing the IRS director of exempt organizations said, quote: "I have not done anything wrong." She then declined to testify. Lois Lerner's brief appearance at the committee was just the beginning of a stormy, five-hour session filled with angry outbursts and allegations of political motives.
NPR's Peter Overby reports.
PETER OVERBY, BYLINE: Lois Lerner did read a statement that she had done her job properly.