Business
1:37 am
Wed April 25, 2012

Fitch Upgrades Ford's Junk Status

Originally published on Wed April 25, 2012 5:10 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

After all the reports about massive debts and credit downgrades, we have a story this morning of a credit upgrade. The ratings agency Fitch upgraded Ford.

INSKEEP: The company was at junk bond status, meaning a loan to Ford was considered a major gamble. Now, it's been moved to investment grade, the lowest investment rating: BBB minus.

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Business
1:37 am
Wed April 25, 2012

Are Bribes The Norm In Mexico's Business Culture?

Originally published on Wed April 25, 2012 5:42 am

Transcript

STEVE INSKEEP, HOST:

Wal-Mart's stock price has fallen sharply this week. That comes after The New York Times reported that the retailer's rapid growth in Mexico involved systematic bribery. Stock prices have also fallen for Wal-Mart's Mexico subsidiary Walmex.

This negative reaction came, even though financial journalist Eduardo Garcia in Mexico City, says bribery is a normal part of business in Mexico.

Was anybody in the business community in Mexico surprised to hear these allegations against Wal-Mart?

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Business
1:37 am
Wed April 25, 2012

Activists Disrupt Wells Fargo Shareholders Meeting

Originally published on Wed April 25, 2012 3:33 pm

Transcript

RENEE MONTAGNE, HOST:

And there were protests and arrests at the Wells Fargo annual shareholders meeting in San Francisco yesterday. The demonstration - led by the Occupy Movement - was over the bank's foreclosure and lending policies. Hundreds of protesters bought bank shares so they could attend the meeting and disrupt proceedings. [POST-BROADCAST CORRECTION: While hundreds sought to disrupt the meeting, several dozen people representing community groups had purchased stock.]

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Economy
12:05 am
Wed April 25, 2012

Fed Chief Bernanke To Discuss Sluggish Economy

Federal Reserve Chairman Ben Bernanke has issued cautions about the economy.
Jim Watson AFP/Getty Images

Originally published on Wed April 25, 2012 5:34 am

Policymakers at the Federal Reserve wrap up a two-day meeting Wednesday and will explain what they plan to do about interest rates. The consensus seems to be they'll keep short-term rates near zero to help support the lagging economy.

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Sweetness And Light
12:04 am
Wed April 25, 2012

U.S. Women In Golf, Tennis: Where Are You?

Yani Tseng of Taiwan hits a bunker shot to the ninth green during the second round of the LPGA LOTTE Championship at the Ko Olina Golf Club in Kapolei, Hawaii.
Jeff Gross Getty Images

Originally published on Wed April 25, 2012 5:10 am

Here's today's sports question: Who are Victoria Azarenka and Yani Tseng?

Give up? Well, they only happen to be the No. 1 women's tennis player and golfer in the world. If you don't know them, you're obviously a sexist fantasy football zealot.

No, no, I'll give you a pass.

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Around the Nation
12:03 am
Wed April 25, 2012

Holder Vows 'Zero Tolerance' To Human Trafficking

U.S. Attorney General Eric Holder said human trafficking will not be tolerated in the U.S. during a speech at the Clinton School of Public Service in Little Rock, Ark., on Tuesday.
Danny Johnston AP

Originally published on Wed April 25, 2012 5:13 am

Forced labor and underage prostitution are hiding in plain sight in cities all over the U.S. and are no longer problems confined to the developing world, according to Attorney General Eric Holder.

In a major speech on human trafficking Tuesday in Little Rock, Ark., Holder said far too many reports of abuse cross his desk each week, more than 40 percent of them involving children.

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World
12:02 am
Wed April 25, 2012

VA Struggles To Provide Vets With Mental Health Care

A veteran of the Iraq War with post-traumatic stress disorder talks to physical therapist Nicole Bormann before a session in the VA Medical Center in St. Louis.
Chris Hondros Getty Images

Originally published on Wed April 25, 2012 5:10 am

Over the past five years, the Department of Veterans Affairs says, the number of former service members seeking mental health services has climbed by a third. In response, the agency has boosted funding and tightened standards.

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Asia
12:01 am
Wed April 25, 2012

Carmakers In China Rev Up As Industry Shifts East

China is now the world's largest market for cars, and the Auto China 2012 car show is now taking place in Beijing. Here, the Denza electric car, a joint creation by Daimler and Chinese manufacturer BYD, is unveiled Monday.
AP

Originally published on Wed April 25, 2012 3:24 pm

The Beijing auto show runs this week in what is now the world's largest car market, and a crucial one for Detroit companies.

General Motors just announced it will open 600 more dealerships in China, where it sells more cars than it does in the U.S. Last week, Ford announced construction of its fourth Chinese assembly plant.

For longtime American auto executives in China, witnessing the shift in the global auto industry is dramatic.

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Education
10:36 pm
Tue April 24, 2012

Negotiating The College Funding Labyrinth

About 7 out of 10 students borrow money to pay for college. Here, a Stanford University student walks through the campus in Palo Alto, Calif.
Paul Sakuma AP

Originally published on Wed April 25, 2012 7:16 am

Now that your child has gotten into college, have you figured out how much it's actually going to cost — and who's going to pay for it?

These questions are hitting college-bound students and their parents right about now, along with the other million questions that nobody seems to have straight answers for. Paying for college can be complicated, if not mind-boggling.

Roughly 7 out of 10 students borrow money to pay for college, and for many, the process might as well be a mystery wrapped in a riddle.

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KNAU and Arizona News
4:10 pm
Tue April 24, 2012

Senate votes to defund abortion providers

The Arizona Senate has passed a bill that would bar taxpayer money from funding family planning clinics that provide abortions.

Abortion opponents are hailing the decision by the Republican-dominated Senate.

Supporters of the bill say taxpayer money shouldn’t be used to subsidize abortion providers.

Arizona law already prohibits the use of public money for abortions.

Planned Parenthood spokesperson Cynde Cerf says the bill could cut off funding to 4,000 Medicare patients in Arizona.

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