When the two sides couldn't reach an agreement last month, players were locked out of the Woodruff Arts Center. With the season set to begin in just one week, the musicians approved a deal with $5 million in concessions.
Originally published on Thu September 27, 2012 6:44 am
Kareem Serageldin is accused of hiding mortgage security losses during the financial crisis. He faces extradition to the U.S. A former senior trader for Credit Suisse, Serageldin is the highest level Wall Street executive to be charged in a case related to the 2008 financial meltdown.
We are pleased to announce this morning that NPR has ended its lockout of Mike Pesca. The network reached a deal with our sports correspondent after his replacement repeatedly confused adjectives with adverbs. OK, that's a joke, but in reality the NFL reached a deal with referees after the replacements made a series of brutally criticized calls. Mike Pesca has been following developments.
Mike, good morning.
MIKE PESCA, BYLINE: And that was a goodly decision. Oh, wait a minute. I've done it too.
Originally published on Thu September 27, 2012 5:08 am
By Steve Henn
The fallout from Apple's controversial decision to drop Google Maps from the iPhone 5 continues. Customers aren't giving Apple Maps any love, and analysts say Apple made an uncharacteristic blunder in dumping Google.
A small solar power company hopes to become a winner in a market littered with losers.
San Jose, Calif.-based SoloPower is opening a $60 million manufacturing facility in Portland, Ore., Thursday as it works toward receiving a major government loan — like the one given to now-bankrupt Solyndra. SoloPower thinks it has a strategy to succeed where Solyndra failed.
When the economic crisis erupted in Greece and the bottom fell out of the domestic wine market, the Kir-Yianni vineyard outside picturesque Naoussa decided to adapt. Like other wineries in Greece, it has increasingly tapped the export market, successfully marketing and selling wine in Europe, the United States and even China.
"If you ask me, this crisis has been good for us," says Stellios Boutaris, the son of the company's founder. "It's going to make us stronger."
In January, NPR and ProPublica reported on a potential conflict of interest at Freddie Mac, a mortgage giant sponsored by the federal government. The stories noted that even as Freddie Mac was writing rules making it harder for homeowners to refinance their mortgages, it also was stepping up investments in securities that gain when homeowners remain stuck in high-rate loans.
Originally published on Thu September 27, 2012 3:13 pm
Credit Courtesy of Okanagan Specialty Fruits Inc.
In the fairy-tale world, a shiny red apple can lead to a poisonous end. But some see two genetically engineered green apple varieties, poised to become the first to gain U.S. Department of Agriculture approval,as similar harbingers of doom.