The Republican Party in the past has had a close relationship with Wall Street and big business. But lately there's growing tension and disagreement as some Republicans in Congress consider a possible government shutdown. The Tea Party seems to have the strongest criticism of big business.
JP Morgan Chase is negotiating an $11 billion settlement, according to The Wall Street Journal. The firm would pay $7 billion in cash to regulators and $4 billion to consumers. JPMorgan is one of several large banks being investigated for its handling of mortgage-backed securities in the years leading up to the housing crisis.
Fans of the band Nirvana can own a little slice of the band's history. In Aberdeen, Wash., the late singer's mother is selling the bungalow Kurt Cobain grew up in. The property is assessed at $67,000 but listed as $500,000.
Fifteen percent of Americans don't use the Internet, according to a survey by the Pew Research Center. Most of these "offline adults" are 65 years old or older, many live in rural areas and have incomes lower than $30,000 a year.
Originally published on Thu September 26, 2013 8:21 am
Homeless people rest on a public sidewalk early this year in downtown skid row area of Los Angeles. The United Way of Greater Los Angeles is attempting to end "chronic homelessness" by 2016 with a model that identifies the neediest cases and provides them with permanent homes.
An initiative in Los Angeles County is trying to help the homeless by first connecting them with a place to live. The "housing first" model has been used in cities across the country in recent years to combat long-term homelessness.
In L.A. County, the Home For Good project focuses on those who are most at risk, aiming to end chronic homelessness in the area by 2016. Homeless-services providers are gathering information about the population and ranking individuals' vulnerability. Then, the goal is to move the most in need into permanent housing, quickly.
Originally published on Tue October 8, 2013 9:59 am
A bartender pours Haywards 5000 strong beer into a glass at a restaurant in Mumbai. Strong beer, with alcohol content of 5 to 8 percent, accounted for 83 percent of all beer sold in India last year, according to research firm Mintel.
Credit Danish Siddiqui / Reuters /Landov
Sometimes we at Parallels see a story that's so compelling, we make an extra effort to chase down the facts. So it's in that spirit, this story from Reuters caught our attention:
It's MORNING EDITION from NPR News. I'm Steve Inskeep.
DAVID GREENE, HOST:
And I'm David Greene. Good morning. Let's catch up on the Senate's fight over Obamacare. A handful of Republican senators say they support a plan to deny funding to the Affordable Care Act. They want to attach that to a larger measure designed to keep the rest of the government running and avoid a partial shutdown at the end of the month.
And let's meet a businesswoman now who has risen to prominence in a country in North Africa where women have not exactly had it easy. In Morocco, women are often in poverty and illiterate, and they face a restrictive legal code. The government has over the last decade given women more rights. It raised the marriage age and promoted more women in parliament. And among the educated elite in this Muslim country is a highly accomplished businesswoman and banker named Nezha Hayat. She recently came by our studio.