JPMorgan Chase hosted its annual shareholder meeting in Tampa Tuesday, and it was the first chance for shareholders to weigh in on the banks problems. News the bank lost at least $2 billion in a botched trading strategy gave fresh fodder to critics who want banks to be more tightly regulated.
A new international terminal opens today at the Atlanta Airport. Hartsfield-Jackson International is already the busiest airport in the world. And the new terminal reflects a big by the business capital of the South to become a bigger global player. Georgia wants to attract more international business. NPR's Kathy Lohr has the story.
In North Carolina, now this could be the last day of testimony in the John Edwards trial. At a federal courthouse, the former presidential candidate is being tried on six counts of campaign finance violations. Prosecutors say Edwards used nearly a million dollars to conceal an affair and hide the child he fathered with a mistress. The defense says Edwards wasn't fully aware of the cover-up and that any money connected with it did not come from campaign contributions.
Jeff Tiberii of North Carolina Public Radio has more.
NPR's business news starts with a sign of confidence in the U.S. auto industry.
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INSKEEP: Berkshire Hathaway has bought 10 million shares of General Motors. The company owned by the billionaire investor Warren Buffett spent just over $200 million for that stake in GM. It is the first time Berkshire has invested in an American automaker.
And now to big money that's tied up in a company's pension fund. Tens of thousands of white-collar Ford retirees will soon have a big decision to make: Should they stay in the auto company's pension plan, or take their chances with a lump sum payout instead? The offer is believed to be the first of its kind for such a large, ongoing pension fund.
Carlos Fuentes was the son of a Mexican diplomat and spent years living abroad, including in the United States. But Mexico — the country, its people and politics — was central to his writing.
Fuentes, one of the most influential Latin American writers, died Tuesday at a hospital in Mexico City at the age of 83. He was instrumental in bringing Latin American literature to an international audience, and he used his fiction to address what he saw as real-world injustices.
Good morning, I'm David Greene. People who are overweight often say there was that final moment - that's it; I'm sick of it. I'm making a change.
For Nat Ambrose, it was last year at King's Dominion, the Virginia theme park. He tried to get on his favorite ride, Volcano the Blast Coaster, but the harness wouldn't fit his 300-pound frame. He lost 30 pounds in a month. Tried again, still couldn't squeeze in. Finally, nine months later, 105 pounds lighter, Nat Ambrose has conquered the Volcano.
Good morning. I'm Steve Inskeep with congratulations to James Peterson who sought the world record for fist pumping. Yes. Mr. Peterson made this gesture of triumph for 16 hours. The Akron Beacon Journal says to maintain proper form he super glued his hand into a clenched fist. Yes. A video crew recorded this feat and sent it to the Guinness World Record people. If they do not accept the record we hesitate to think what gesture Mr. Peterson will try next. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.