When Chinese workers have a grievance, they are increasingly taking dramatic and direct action.
As we've reported, an American executive at a Chinese factory has been prevented by workers from leaving the plant since Friday. Chip Starnes of Specialty Medical Supplies says it's a misunderstanding following a decision to shut down part of his medical-supply business and move some jobs to India where wages are lower.
It's MORNING EDITION, from NPR News. I'm Renee Montagne.
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And I'm David Greene. Good morning. In the midst of the housing crisis in 2008, the mortgage giants Fannie Mae and Freddie Mac were brought into government hands. And today, over 90 percent of mortgages are guaranteed by the U.S. government. That's a potential burden for taxpayers if mortgages fail. Yesterday, a bipartisan Senate bill was introduced to try to unwind the government takeover, as well as Fannie and Freddie. NPR's Yuki Noguchi reports.
And before leaving on his trip to Africa, President Obama had some other words on another subject. He announced a wide-ranging plan to address climate change. Rather than taking that plan to Congress and fighting it out, Obama is using his executive powers to implement it without new laws. The president wants the Environmental Protection Agency to restrict carbon-dioxide emissions from power plants. The biggest source of those emissions is coal-fired facilities.
High-paying investors have helped Las Vegas' real estate prices to bloom in a place that once ranked as the country's foreclosure capital.
Thanks to these big-money investors as well as a shortage of supply, the median price for a single-family home in Vegas is up 32.8 percent from a year ago, according to the Greater Las Vegas Association of Realtors.
Lawmakers continue to wrangle over a bill that would overhaul the nation's immigration system. One provision in this bill would allow companies to import a lot more skilled workers. The tech industry has lobbied hard for this, despite fears among some American workers about the extra competition.
Illinois Senator Dick Durbin says the bill has American workers covered. "Employers will be given a chance to hire a temporary foreign worker when truly needed. But first, they'll be required to recruit Americans. No exceptions, no excuses," he said.
And that brings us to today's last word in business - which is: Courtesy Seating.
Jessie Frank was a distraught mom who was going to be late picking up her daughter at camp.
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She was on stand-by in Washington, D.C. for an over-booked Delta Flight to New York, when a man offered up his seat. Turns out it was Delta CEO Richard Anderson. His kindness helped the mom and earned some good PR for the company.
The business research group, where Franco is director of economic indicators, said its index rose to a five-year high of 81.4 in June â€” up from May's 74.3. The index is based on surveys of Americans.