A British teenager has sold his mobile application to Yahoo for a reported $30 million. Seventeen-year-old Nick D'Aloisio created his app called Summly when he was only 15. As NPR's Jeff Brady reports, the teen will now go to work for Yahoo.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.
Federal regulators are taking aim at a practice they say is forcing millions of struggling homeowners to pay higher insurance premiums. The Federal Housing Finance Agency issued an order today. It bars banks from charging lucrative fees and commissions on so-called lender-placed insurance policies. NPR's Jim Zarroli explains.
On Wednesday, the U.S. Supreme Court will hear a challenge to the Defense of Marriage Act — the federal law that defines marriage as between a man and a woman. And among those asking the justices to strike it down is a broad cross section of corporate America.
I'm Michel Martin, and this is TELL ME MORE from NPR News. Coming up, the day when white people no longer make up the majority of the American population is coming, and coming a lot faster than initially predicted. Today, we are going to look at how the browning of the nation could lead to a real divide between the older, white minority and a younger, growing, brown majority. We'll start the conversation about what that might mean for the country's future. That's ahead this hour.
The chairman of the Bank of Cyprus abruptly stepped down after a special administrator was appointed to oversee its restructuring in the wake of a painful bailout of the island nation by international lenders.
Cyprus has reached a bailout with the European Union. One of the hardest hit groups in this deal is super wealthy Russians. David Greene talks to professor Alena Ledeneva of University College London about the culture of the ultra rich in Russia, and the role they played in Cyprus' economy.