A vote in Cyprus on whether to approve a controversial bailout plan has been postponed after the prospect of the deal caused bank customers to rush to withdraw their savings and drew the ire of overseas depositors.
As NPR's Krishnadev Calamur wrote in a post over the weekend: "The money [is] needed because Cyprus' banks lost 4.5 billion euros on their Greek bond holdings, which were written down last year after Greece's second bailout."
NPR's business news starts with a hacking sentence.
(SOUNDBITE OF MUSIC)
MONTAGNE: This morning, a federal court in New Jersey is scheduled to sentence Andrew for his much-publicized exposure of a security flaw on AT&T's iPad service. That was back in 2010.
As NPR's Martin Kaste reports, the sentencing of Andrew Auernheimer will be closely watched by those who believe federal prosecutors have become overly zealous about punishing certain kinds of hackers.
A group of foreign college students who came to the U.S. on cultural work exchange visas in December have been protesting their working conditions at a McDonald's in Harrisburg, Pa. In the process, they've wading into a debate about guest workers in the U.S.
The students include Jorge Rios, who says three months ago he eagerly did the legwork necessary to get a J-1 visa, used for student work exchange.
In the U.S., we drink $200 billion worth of the hops-brewed libation annually. What many Americans might not know is that most domestic beer, 90 percent in fact, is dominated by just two companies: Anheuser-Busch InBev and MillerCoors.
For the first time, Boeing has laid out in detail the changes it plans to make in the Dreamliner 787's lithium ion battery. The company now believes the 787s will be back in service in a "matter of weeks."