7:11am

Fri November 16, 2012
13.7: Cosmos And Culture

There Are No Bad, Lazy, Stupid Children

Originally published on Fri November 16, 2012 3:01 pm

Walk into a 3rd-grade classroom and see children negotiating an obstacle course: desks, chairs and boxes create tunnels through which the students are crawling. A whistle blows and the students freeze in place; when a bell sounds, the kids once again negotiate their makeshift maze.

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4:47am

Fri November 16, 2012
Business

The Last Word In Business

Originally published on Fri November 16, 2012 7:30 am

Honda, which has long aspired to launch off the road and into the skies, is one step closer to that goal. It has started production on its HondaJet. It's a twin jet engine aircraft, being assembled in North Carolina, aimed at the business market. Industry insiders call it the "Honda Civic of the skies."

4:47am

Fri November 16, 2012
Business

Nintendo Wii U Out This Weekend

Originally published on Fri November 16, 2012 7:31 am

Transcript

LINDA WERTHEIMER, HOST:

For those who want to buy Nintendo's new video game console, you may have to wait a while. The Wii U goes on sale Sunday, but many stores have already sold out pre-orders. On Amazon, you can find the new console, but for much more than Nintendo's $350 price.

To find out what's the big deal for gamers and for Nintendo is, we've called Daisuke Wakabayashi. He covers Japanese video game companies for The Wall Street Journal, and joins us from Tokyo.

Good Morning, Dai.

DAISUKE WAKABAYASHI: Good morning.

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4:47am

Fri November 16, 2012
Business

Federal Housing Administration To Run Out Of Funds

Originally published on Fri November 16, 2012 5:17 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with more mortgage problems.

(SOUNDBITE OF MUSIC)

INSKEEP: Independent auditors released a report this morning, showing that the Federal Housing Administration is facing a shortfall from losses on the mortgages it insures. The Obama administration says it's going to take steps to prevent a taxpayer bailout.

As NPR's Ailsa Chang reports, the FHA has been struggling since the foreclosure crisis hit four years ago.

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4:47am

Fri November 16, 2012
Economy

Everyone 'Has To Participate' To Avoid Fiscal Cliff

Originally published on Fri November 16, 2012 5:26 am

Transcript

STEVE INSKEEP, HOST:

Listen carefully to both President Obama and Republican leaders, and you hear hints of room for compromise. They're talking of taxes and spending as a deadline approaches, December 31st, when higher taxes and spending cuts would take effect. That would reduce the federal deficit, but also damage the economy, according to forecasters.

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4:47am

Fri November 16, 2012
Business

BP Settles Criminal Suit Over Gulf Oil Spill

Originally published on Fri November 16, 2012 6:05 am

Transcript

LINDA WERTHEIMER, HOST:

It's MORNING EDITION, from NPR News. I'm Linda Wertheimer.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Good morning. Let's talk next about what's being described as the largest criminal fine in U.S. history. BP will pay nearly $1.3 billion for crimes associated with its 2010 drilling rig accident and oil spill, in the Gulf of Mexico. On top of that, the company will pay more than $3 billion to settle claims from the Department of Justice and the Securities and Exchange Commission. NPR's Jeff Brady reports.

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4:47am

Fri November 16, 2012
Economy

U.S. Mayors Concerned About Fiscal Cliff Cuts

Originally published on Fri November 16, 2012 6:49 am

The two biggest fears of the fiscal cliff are defense cuts and tax hikes. The nation's mayors say the devastating effects of automatic cuts reach further than the Defense Department — right into their own cities. Steve Inskeep talks to the Democratic Mayor of Charleston, S.C., Jospeh Riley and Republican Mayor Scott Smith of Mesa, Ariz., about the impact sequestration could have in their cities.

3:37am

Fri November 16, 2012
Planet Money

It's Legal To Sell Marijuana In Washington. But Try Telling That To A Bank.

Originally published on Mon November 19, 2012 2:03 pm

David McNew Getty Images

Voters in Washington and Colorado just approved measures legalizing marijuana for recreational use. But businesses that want to sell marijuana in those states will face a problem: No bank wants to do business with them.

I called several banks in Washington. I called a local credit union, a tiny bank in the San Juan islands. Everybody said basically the same thing. Even if selling marijuana is legal under state law, it's still illegal under federal law. And banks and credit unions worry that this could get them in trouble.

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3:26am

Fri November 16, 2012
It's All Politics

In California, 'Republican' Is Becoming A Toxic Label

Originally published on Fri March 21, 2014 4:12 pm

Citizens vote in Los Angeles County on Nov. 6.
Frederic J. Brown AFP/Getty Images

If the election results were disappointing for Republicans nationally, they were devastating for the GOP in California.

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3:25am

Fri November 16, 2012
Superstorm Sandy: Before, During And Beyond

Want To Help Sandy Victims? Send Cash, Not Clothes

Originally published on Fri November 16, 2012 4:47 am

Volunteers sort through donated clothes in Sea Bright, N.J.
Pam Fessler NPR

Whenever there's a disaster, people want to give, and Hurricane Sandy is no exception. According to The Chronicle of Philanthropy, U.S. charities collected more than $174 million in donations as of Nov. 9 to help respond to the storm.

But it's not only money that has been pouring in. Relief programs have also received mountains of clothes, food and other supplies, not all of which are needed.

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