The Justice Department may seek as much as $5 billion from Standard and Poor's. In a lawsuit filed Monday night, prosecutors accuse the firm of misleading investors with fraudulent credit ratings on dozens of different mortgage bonds. It's not yet clear whether federal officials plan to file a similar suit against the other big rating firms, Moody's and Fitch. Regulators would like to see the industry be more competitive and less dependent on the firms whose securities they are rating.
Computer maker Dell is going private in a $24 billion deal that highlights the changing fortunes of the PC industry. The buyout is being led by company founder Michael Dell, software giant Microsoft and the private equity firm Silver Lake Partners.
Fifteen years ago, Denis Gagnon bought a company that made a product nobody really liked: hand dryers. But he quickly managed to turn Massachusetts-based Excel Dryer into an innovator with the Xlerator — a high-speed dryer that cut drying time from more than 30 seconds to less than 15.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.
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And I'm Robert Siegel. For skier Lindsey Vonn, the racing season is over. Today, at the World Championships, the American Alpine skiing star crashed. She injured her right knee. Still, as we hear from NPR's Tom Goldman, U.S. ski officials expect Vonn will be ready for next year's Winter Olympics.
Originally published on Wed February 6, 2013 10:39 am
Guys, it may be time to get off the couch and hit the treadmill — especially if you want to have kids.
Okay, we all know that exercise is good for us. It can reduce the risk of obesity, diabetes and heart disease, to name a few benefits. Now researchers say physical activity may also help keep sperm healthy and happy.
Originally published on Tue February 5, 2013 4:45 pm
By Rebecca Ritzel
Ann Harada is that rare Asian-American musical theater actress who's never starred in The King and I or Miss Saigon. After a few summer stock stints as Bloody Mary in South Pacific, Harada realized if she was going to make it in theater, it would be as a character actor. In 2003, she originated the role of Christmas Eve in the irreverent puppet musical Avenue Q, a part she played on and off for six years.
Originally published on Wed February 6, 2013 6:48 am
A confidential Justice Department memo obtained by NBC News outlines legal theories the Obama administration has used to justify killing American citizens abroad. Here are five key questions and answers about the document:
Originally published on Wed February 6, 2013 12:02 pm
By Peter Ogburn
Chocolate is like sex or pizza: Even when it's bad, it's still pretty good. There are those who prefer light, refreshing desserts after a big meal, but I think those people are crazy. I always gravitate to the most decadent dessert on the menu, which is usually laden with chocolate. And while I love the stuff, there is nothing sadder than giving or receiving a box of boring chocolates on Valentine's Day. Each year, men and women shamefully duck into grocery stores and pharmacies to grab a box of assorted chocolates. Because nothing says "I love you" quite like chocolate from a gas station.