The state of Massachusetts is suing the Obama administration over fishing regulations. Ocean-going commercial fishermen say new limits on the amount of codfish they can catch will put them out of business.
Curt Nickisch reports from member station WBUR in Boston.
CURT NICKISCH, BYLINE: Generations of fishermen have hauled cod, halibut and flounder into the port of Gloucester, where today Joe Orlando runs a 65-foot trawler, the Padre Pio.
JOE ORLANDO: I've been fishing with this boat almost 38 years.
And our last word in business today is living on a prayer.
The rock band Bon Jovi recognizes that song is the reality for many cash-strapped fans in Spain, which is deep in recession. So the New Jersey rockers waived their performance fee for an upcoming concert in Madrid. The newspaper El Mundo reports tickets for the show now cost half as much as most of the band's other European shows. And it seems their fans in Madrid are grateful. The concert is completely sold out.
A construction worker paints walls at the Maryland Proton Treatment Center in Baltimore. Each of the center's five rooms will contain a massive piece of equipment that will rotate around a cancer patient to deliver a special kind of radiation.
When it comes to reining in health care spending, it still seems like each hospital administrator thinks the guy at the other hospital should do it.
Hospitals are still racing to offer expensive new technology — even when it hasn't been proved to work better than cheaper approaches. Case in point: proton beam therapy, a high-tech radiation treatment for cancer.
On the Indonesian island of Sumatra, a backhoe stacks freshly cut trees to be made into pulp and paper. Asia Pulp and Paper, or APP, is Indonesia's largest papermaker, and the company and its suppliers operate vast plantations of acacia trees here that have transformed the local landscape.
Robert Siegel speaks with Tim Blood, managing partner of the law firm Blood, Hurst & O'Reardon, about the class-action suit accusing Kellogg's of making false claims in its Frosted Mini-Wheats advertisements, as well as other cases he's pursued. Blood talks about what kind of people file these suits, and why.
Retired Gen. David Petraeus is headed to Wall Street where he will join Kohlberg Kravis Roberts, a firm that invests globally in everything from real estate to coffee to biotech.
Over nearly four decades in the military, Petraeus traveled the world on diplomatic and intelligence missions. Even then, he says in a video posted Thursday on KKR's website, he occasionally viewed these trips through an investor's lens.
If you stand in front of Almena and Sidney Poray's house in Baton Rouge, La., and look straight down the street, past the other houses and the shade trees, you see more than a dozen plumes of exhaust in various hues of gray and white.
"That's something you see every day, the same thing if not more," says Almena Poray. "Sometimes it's a darker gray; sometimes it's a black smoke coming out."