Business

3:46pm

Sat October 19, 2013
The Two-Way

JPMorgan Strikes Tentative $13B Mortgages Settlement

Originally published on Sat October 19, 2013 5:28 pm

JP Morgan Chase & Company headquarters in New York.
Emmanuel Dunand AFP/Getty Images

In what would be the largest such settlement in U.S. history, JPMorgan Chase & Co. has reportedly reached a tentative deal with the Justice Department that would see the bank pay $13 billion to settle civil charges related to wrongdoing by some of its units just before and during the housing crisis.

The deal, sources tell news outlets including NPR, would not absolve JPMorgan from possible criminal liability.

Word of the tentative agreement emerged around 3 p.m. ET. Saturday. We posted when the news broke and followed with background and more details.

Read more

6:44am

Sat October 19, 2013
Sports

Calculating The Worth Of The Redskins Brand

Originally published on Sat October 19, 2013 7:40 am

Transcript

SCOTT SIMON, HOST:

Washington, D.C.'s football team has been under increasing criticism for keeping an old team name that's a racial epithet. I usually don't say it. I will now - for the purposes of information. The Washington Redskins. That name's been hotly debated, criticized for being a racial slur, but defended by the team's owners as actually being a kind of tribute to Native Americans.

Read more

6:44am

Sat October 19, 2013
Business

Business Leaders Decry The Economic Cost Of Uncertainty

Originally published on Fri October 25, 2013 12:08 pm

Running a company is like driving a car. You need to be able to see what's coming down the road. The dysfunction in Washington has created a fog, and when driving in the fog, you have to slow down.

That's basically what's happening at thousands of companies around the country.

Bob Mosey, chairman of the National Tooling and Machining Association, bemoans the "uncertainty of not being able to plan for the future."

Read more

6:44am

Sat October 19, 2013
All Tech Considered

Credit Cards Under Pressure To Police Online Expression

Originally published on Wed November 6, 2013 2:01 pm

Some advocacy groups say credit card companies should stop doing business with websites that promote controversial views or policy positions.
iStockphoto.com

Earlier this month, major credit card processors including MasterCard, Visa and America Express announced they would stop processing payments to websites that collect and publish mug shots online. The sites say they are providing a public service, but they make their money by charging people a fee to remove these embarrassing photos from the Internet.

Read more

6:44am

Sat October 19, 2013
Politics

'It Takes A Crisis': How '73 Embargo Fueled Change In U.S.

Originally published on Fri October 25, 2013 7:26 pm

Drivers and a man pushing a lawnmower line up at gas station in San Jose, Calif., in March 1974.
AP

Americans started thinking differently about U.S. dependence on imported oil 40 years ago this Sunday. Decades later, the U.S. is in the midst of a homegrown energy boom.

The oil embargo began in 1973. The United States had long taken cheap and plentiful oil for granted when Saudi Arabia shocked the country by suddenly cutting off all direct oil shipments in retaliation for U.S. support of Israel. Other Arab countries followed suit.

Prices soared. Gasoline lines stretched for blocks. Richard Nixon became the first of many U.S. presidents to call for energy independence.

Read more

5:11pm

Fri October 18, 2013
The Two-Way

Google's Stock Closes Above $1,000

Attendees line up to enter the Google I/O developers conference at the Moscone Center on May 15, 2013 in San Francisco.
Justin Sullivan Getty Images

Google's stock closed at $1,011.41 today, joining an exclusive, over-$1,000 club that includes Priceline.com and Seaboard Corp., which produces turkey and hogs.

The rally for the world's largest search engine, Bloomberg reports, comes on the heels of optimism about the company's advertising offerings.

Bloomberg reports:

Read more

4:43pm

Fri October 18, 2013
Economy

Economists Await Shutdown-Delayed Jobs Report

Originally published on Fri October 18, 2013 10:09 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

One effect of the 16-day government shutdown is that economists have had only a murky picture of the state of the economy. That's because the government is one of the most important sources of economic data. And as NPR's Dan Bobkoff reports, most of the people responsible for compiling and analyzing the numbers were furloughed, even barred from checking their email.

Read more

3:58pm

Fri October 18, 2013
The Salt

A Fight Over Vineyards Pits Redwoods Against Red Wine

Originally published on Fri October 18, 2013 6:18 pm

Environmental groups are fighting to stop the leveling of 154 acres of coast redwoods and Douglas firs to make way for grapevines.
Courtesy Friends of the Gualala River

In the California wine mecca of Sonoma County, climate change is pitting redwood lovers against red wine lovers.

This Friday morning, a coalition of environmental groups are in a Santa Rosa, Calif., courtroom fighting to stop a Spanish-owned winery from leveling 154 acres of coast redwoods and Douglas firs to make way for grapevines.

Read more

1:28pm

Fri October 18, 2013
All Tech Considered

Tech Week That Was: Surveillance Scope, Apple's Retail Hire

Originally published on Fri October 18, 2013 2:59 pm

Burberry CEO Angela Ahrendts is moving to Apple, where she will head the company's retail division.
Mark Lennihan AP

It's time for your Friday week in review, a look at the big headlines and conversation in the tech and culture space.

ICYMI

Read more

1:08pm

Fri October 18, 2013
The Two-Way

India Arrests Crew Of U.S. Ship For Carrying Weapons

Originally published on Fri October 18, 2013 3:56 pm

Indian policemen escort crew members of a U.S.-owned ship MV Seaman Guard Ohio outside a court in Tuticorin, in the southern Indian state of Tamil Nadu, on Friday.
AP

The crew of a U.S.-owned ship has been arrested at a port in India for allegedly trying to enter territorial waters illegally carrying what's been described as a "huge cache" of weapons.

The 35 crew members on MV Seaman Guard Ohio, owned by Washington, D.C.-based AdvanFort, were detained on Saturday by the Indian Coast Guard. The vessel is currently at anchor in the port of Tuticorin in the southeastern state of Tamil Nadu.

Read more

Pages