12:34pm

Tue May 15, 2012
The Two-Way

Reports: Justice Dept. Probing JPMorgan's Big Loss

Originally published on Tue May 15, 2012 12:45 pm

Standing behind a banner with a picture of J.P. Morgan Chairman and CEO James Dimon, protesters gathered outside the bank's annual meeting today in Tampa.
Joe Raedle Getty Images
  • Two soundbites from CEO Jamie Dimon at today's shareholders meeting

The Justice Department has begun looking into JPMorgan Chase's $2 billion-and-counting loss from a hedge account, The Wall Street Journal reports. It cites "a person familiar with the matter" as its source.

The Journal adds that "the probe is at an early stage and it isn't clear what possible legal violation federal investigators may be focusing on."

Read more

11:45am

Tue May 15, 2012
Education

Why So Many Ph.D.s Are On Food Stamps

Originally published on Tue May 15, 2012 8:16 pm

The number of people with graduate degrees — master's degrees and doctorates — who have had to apply for food stamps, unemployment or other assistance more than tripled between 2007 and 2010.
iStockphoto.com

With the economic troubles of the past few years, it's no surprise that the number of people using food stamps is soaring. The U.S. Department of Agriculture reports that an average of 44 million people were on food assistance last year; that's up from 17 million in 2000.

What might be surprising, though, is one subgroup that's taken a particularly hard hit.

Read more

11:32am

Tue May 15, 2012
NPR Story

The Joys, The Challenges Of Adopting From Ethiopia

Originally published on Tue May 15, 2012 11:45 am

The desire to adopt has taken some would-be parents around the world. Now, the East African nation of Ethiopia is second only to China when it comes to international adoptions to the U.S. Host Michel Martin speaks with three parents about understanding Ethiopian adoption.

11:32am

Tue May 15, 2012
NPR Story

Buying Facebook? Investing 101 For Newbies

Originally published on Wed May 16, 2012 8:20 am

Transcript

MICHEL MARTIN, HOST:

And now, we turn from getting a start in the job market to getting started investing and call us crazy, but we are guessing that, even if you never read the business pages or watch those cable shows where people are talking really fast over a stock ticker, then you still might have heard that the social networking site, Facebook, is offering stock for sale to the public for the first time on Friday. It's called an initial public offering and shares would cost at least $34 apiece.

Read more

11:32am

Tue May 15, 2012
NPR Story

Can The Government Help Young People Find Jobs?

Originally published on Tue May 15, 2012 11:45 am

The school year is winding down, and lots of young people are in the market for a summer job. But finding one in this economy can be hard, especially for teenagers. Host Michel Martin speaks with Labor Secretary Hilda Solis about what the Obama Administration is trying to do to help.

11:02am

Tue May 15, 2012
The Two-Way

Ron Paul Isn't Dropping Out, Spokesman Says

Originally published on Tue May 15, 2012 11:20 am

Republican presidential hopeful Ron Paul at a campaign event in Las Vegas on Feb. 3.
Stan Honda AFP/Getty Images

Republican Ron Paul is not shuttering his presidential campaign, his chief strategist says in a memo sent this morning to supporters and the news media.

"Let me be very clear," said Jesse Benton, "Dr. Paul is NOT dropping out or suspending his campaign."

"As Dr. Paul has previously stated, he is in this race all the way to the Republican National Convention in Tampa this August," Benton said. The campaign will, though, be "maximizing our resources" by not investing in remaining primary states, he said.

Read more

10:11am

Tue May 15, 2012
The Two-Way

Questions About Another Texas Execution: Was Wrong Man Condemned?

Already in the spotlight over whether it executed one innocent man — Cameron Todd Willingham — in 2004, the state of Texas now faces questions about whether another man may have been wrongly condemned to death.

Read more

9:51am

Tue May 15, 2012
Europe

'News Of The World' Editor Charged With Conspiracy

Former News of the World editor Rebekah Brooks faces allegations of conspiracy to pervert the course of justice in the latest development in Britain's phone hacking scandal.

9:43am

Tue May 15, 2012
Shots - Health Blog

Cost Of Cancer Pills Can Be Hard For Medicare Patients To Swallow

Taking a pill for cancer can cost patients more than getting chemotherapy by IV.
iStockphoto.com

If you've got cancer, chances are you'd rather take a pill to fight the cancer cells than sit for hours hooked up to an IV line as the chemotherapy drips slowly into you.

The difficulty is, many of the new cancer pills, which often target cancer cells for destruction but leave healthy cells intact, are pricey, costing tens of thousands of dollars for a course of treatment. And how some insurers pay for treatments means that pills can wind up costing a patient more than chemotherapy given by IV.

Read more

9:26am

Tue May 15, 2012
The Two-Way

Consumer Prices, Consumer Spending Both Flat In April

Two bits of economic news this morning:

-- Consumer prices overall were unchanged in April, the Bureau of Labor Statistics reports, thanks in large part to a 2.6 percent drop in the price of gasoline.

Read more

Pages