In the past 15 years, Richard Russell, the owner of the British independent record company XL Recordings, has shepherded his label to more than its fair share of industry success.
Last year the label saw its greatest heights yet, though to be fair, no other label climbed anywhere near as high. That's because 2011 was the year of Adele, and XL is the singer's home. (In the United States, Adele's albums are promoted and distributed by Columbia Records, but she is signed to XL worldwide.)
Federal Reserve Chairman Ben Bernanke told a congressional committee Thursday that the U.S. economy faces some significant risks, and Fed officials are still deciding what to do about it.
His remarks disappointed a lot of investors who want the Fed to do something to revive growth. Bernanke spoke at a time when interest rates on government debt are hitting lows not seen since the Great Depression.
The NAACP recently took what was for some in the organization a controversial step, when it endorsed same-sex marriage. That move has now led some local officers around the country to resign — including the group's most outspoken critic of gay marriage.
The NAACP board says it stands by its resolution calling for marriage equality. But as the nation's oldest civil rights group prepares for its national convention in July, some in the ranks say the resolution caught them by surprise, and that such an important decision deserved open debate.
The Obama administration is searching for a "sweet spot" in economic policy: measures that could increase job growth right now without worsening the federal deficit. That task gained new urgency this month when the Labor Department reported a sharp slowdown in job growth in May.
The challenge could force the president to try to revive his "grand bargain" with Republicans.
States around the country are hosting their regional Special Olympics games this summer. In New Jersey, the games' opening ceremonies begin Friday.
Jose Rodriguez participated in the New Jersey Special Olympics back in 2003, when he was 13. Special Olympics offers a chance for people with intellectual disabilities to pursue a sport. Jose has trouble learning — mostly through reading and writing.
Speaking at StoryCorps, Jose, 23, told his former basketball coach, Charles Zelinsky, 57, what his life was like before he found the games.
Two former House speakers in Pennsylvania are proving politics doesn't have to be partisan. Democrat Bill DeWeese was convicted on corruption charges and began serving time at a prison near Harrisburg. He was approached by his former legislative rival, Republican John Perzel to room together.
NPR's business news starts with NASDAQ compensating clients.
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MONTAGNE: The NASDAQ stock exchange will pay $40 million in compensation for botched trades that occurred during Facebook's initial public offering. NASDAQ clients lost millions of dollars on Facebook's May IPO because of computer glitches. The opening trade was delayed by more than half an hour, and many investors were unsure if their trades had gone through.
Google has fired the first shot in what might come to be known as the map wars. Yesterday, the company unveiled new features, such as maps in 3D. Google made its move just five days before Apple is expected to announce its own new and improved mapping software.
Google made its move just five days before Apple is expected to announce its own, new and improved mapping software. NPR's Laura Sydell reports.