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2:27 am
Tue May 15, 2012

Quebec Students Clash With Police Over Tuition Hike

Originally published on Tue May 15, 2012 6:51 am

Transcript

DAVID GREENE, HOST:

And let's turn our attention now north of the border to Canada. New austerity programs are creating the kind of unrest we most often associate with Europe these days. In the Province of Quebec, a plan to hike university tuitions by 75 percent over the next five years has led to weeks of violent street rallies, often involving tens of thousands of students and protestors.

North Country Public Radio's Brian Mann reports.

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Business
2:27 am
Tue May 15, 2012

The Last Word In business

Originally published on Tue May 15, 2012 6:51 am

Transcript

DAVID GREENE, HOST:

And our last word in business: the passenger door is now closed. Please make sure all your electronic devices have been switched off.

If you're sick of those rules on planes, well, they may be changing a bit. Virgin Atlantic has announced passengers on their new Airbus will soon be able to chat on their mobile phones.

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Around the Nation
1:45 am
Tue May 15, 2012

California Budget Deficit Grows

Originally published on Tue May 15, 2012 6:51 am

Transcript

STEVE INSKEEP, HOST:

California Governor Jerry Brown wants to convince voters to accept two things they don't like: higher taxes and deep spending cuts. The Democrat proposed a budget yesterday which would only be the start of the pain. The other part would come in November with a ballot measure to raise taxes and spare education. Capital Public Radio's Ben Adler reports from Sacramento.

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NPR Story
1:42 am
Tue May 15, 2012

The Latest On JPMorgan Chase

Originally published on Tue May 15, 2012 6:51 am

Transcript

STEVE INSKEEP, HOST:

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

DAVID GREENE, HOST:

And I'm David Greene.

JP Morgan Chase has long had the reputation of being one of the better managed big banks in the country. So how did it make a $2 billion blunder and what does it tell us about banking today, nearly five years after the onset of the financial crisis? When such questions are looming, we often turn to David Wessel, economics editor of The Wall Street Journal.

And, David, welcome back to the program.

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NPR Story
1:42 am
Tue May 15, 2012

Facebook Raises Anticipated Stock Price

Originally published on Tue May 15, 2012 6:51 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a price hike for Facebook shares.

(SOUNDBITE OF MUSIC)

INSKEEP: OK, they're not even on sale yet, but investor excitement over Facebook's upcoming initial public offering has prompted the company to raise the price range for its shares. Sources say the new range will be from $34 to $38 per share. That's up from a previous range of $28 to $35.

Election 2012
1:09 am
Tue May 15, 2012

JPMorgan's Loss A Gain For Campaign Positioning

The U.S. and JPMorgan Chase flags wave outside its headquarters in New York on Friday.
Eduardo Munoz Reuters /Landov

Originally published on Tue May 15, 2012 6:51 am

The fallout from banking giant JPMorgan Chase's $2 billion — and counting — loss has made its way into the presidential campaign. The president and presumptive GOP challenger Mitt Romney have very different views about the regulation of Wall Street, in particular the Dodd-Frank financial systems overhaul law.

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Family Matters: The Money Squeeze
12:07 am
Tue May 15, 2012

Paying For College: More Tough Decisions

Kelley Hawkins (center) smiles at her daughter Carley (left) as her other daughter, Chelsea (right), looks on, in their family home in Harrisburg, Pa.
Kainaz Amaria NPR

Originally published on Wed May 23, 2012 7:48 am

Middle age is prime time for saving money. From your late 40s through early 60s, you're supposed to squirrel away cash to cope with health care costs in your old age.

But for millions of Americans, middle age also is the time when children are seeking help with higher-education bills, and elderly parents may be needing assistance with daily care.

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The Salt
12:06 am
Tue May 15, 2012

Jetlagged By Your Social Calendar? Better Check Your Waistline

It doesn't take a transcontinental flight to end up out of sync with your body clock. It might just be that you stay up too late.
iStockphoto.com

Originally published on Tue May 15, 2012 6:51 am

It doesn't take a transcontinental flight to end up out of sync with your body clock. It might just be that you stay up too late.

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Your Money
12:06 am
Tue May 15, 2012

Canada's Housing Market Booms; Experts See Trouble

Canada's real estate market is one of the hottest in the developed world.
Mike Cassese Reuters /Landov

Originally published on Tue May 15, 2012 6:51 am

Housing prices are going through the roof in Canada. The real estate market there is one of the hottest in the developed world. In Toronto, prices increased 10 percent in March alone. The average detached house in the city costs more than $600,000.

That has economists and the government worried that Canada is experiencing a housing bubble that's about to burst.

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Europe
12:04 am
Tue May 15, 2012

From Iowa To Russia, Tractors Build Economic Bridge

Employees fit a tire to a John Deere W540 combine inside the company's Domodedovo manufacturing center near Moscow, Russia. The tractors are built in Waterloo, Iowa, and then taken apart and shipped to the Russian plant for reassembly.
Bloomberg via Getty Images

Originally published on Tue May 15, 2012 6:51 pm

The green is unmistakable at a plant in Russia as workers put together a John Deere tractor. The roughly 90 employees, however, don't actually make the tractors.

The engine, the drive train and the tractor itself are all built in Waterloo, Iowa. The completed tractor is tested, and then it is disassembled and prepared for shipment.

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