From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.
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And I'm Robert Siegel.
Federal prosecutors have charged two former JPMorgan Chase traders with securities fraud. The two men worked in London. And they are part of the so-called London Whale case, which cost the company more than $6 billion. U.S. officials say the men lied about the value of some derivatives trades to cover up mounting lawsuits. More from NPR's Jim Zarroli.
Originally published on Fri August 16, 2013 8:40 am
Kristin Yentes (right) and other volunteers from U.S. Bank serve breakfast to diners at Catholic Charities Opportunity Center in Minneapolis. Workers from the bank have been volunteering with Catholic Charities for more than a year.
You're not likely to find many bankers wearing those old stereotypical green visors these days. But at U.S. Bank, some employees sport hairnets — at least when they're serving breakfast.
Every Friday morning, a group of U.S. Bank employees stands elbow to elbow at a Minneapolis soup kitchen, doling out French toast, sausage and other breakfast goodies. Most of the people getting free breakfast are homeless men who lug their belongings in plastic bags.
Imagine a ship carrying goods in containers that, if lined up, would stretch around 11,000 miles long, or nearly halfway around the planet. Rose George spent several weeks aboard one such ship as research for her new book, Ninety Percent of Everything: Inside Shipping, the Invisible Industry That Puts Clothes on Your Back, Gas in Your Car and Food on Your Plate.
One of the world's most trusted sources for news is back up, after an internal outage knocked it out for nearly two hours on Wednesday morning. The New York Times' main site and mobile app went down a little after 11 a.m. ET, when users who tried to visit received a "Service Unavailable" message.
The news organization's Twitter account sent this message, before the site returned:
Bryan Goldberg is founder and CEO of Bustle.com, a new site targeting female audiences.
Credit Courtesy of Bryan Goldberg
Bustle.com is a new women's site staffed by editors and writers from traditionally female-oriented organizations like Glamour and Seventeen but founded and led by a man, Bryan Goldberg. His previous venture was the multimillion-dollar sports site Bleacher Report. In announcing the launch of his new lady-targeted venture Tuesday, he wrote:
After several days of brutal criticism and commentary about the brutal way he fired a man during a conference call, AOL CEO Tim Armstrong is now apologizing.
"I am writing you to acknowledge the mistake I made last Friday during the Patch all-hands meeting when I publicly fired Abel Lenz," Armstrong says in an email to AOL employees, which Mashable has posted here.
GREG ALLEN, BYLINE: I'm Greg Allen, in Miami. To gauge the impact of Brazilians here, you only need to go downtown and look up.
(SOUNDBITE OF MACHINERY)
ALLEN: Just a few years after the housing downturn, in Miami, once again, cranes and construction crews are hard at work building high-rise condominiums. Thousands of units are going up all over town, and many are being built for Brazilians.