The Susan G. Komen Global Race for the Cure takes place tomorrow here in the nation's capital. It's one of the breast cancer charity's biggest fundraisers. But this year, participation is way down. That follows Komen's controversial decision in February to stop funding Planned Parenthood programs. The decision was quickly reversed, but Komen's supporters worry about the long-term impact, as NPR's Pam Fessler reports.
NPR's business news starts with a new, multibillion-dollar chemical plant.
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GREENE: Exxon Mobil plans to build a huge chemical facility in Baytown, Texas. It reverses a company statement last year that said it has no plans for new chemical factories in the United States. According to Reuters, decades-low natural gas prices made the move too enticing to pass over. Natural gas is a key fuel in chemical production. By using its own natural gas, Exxon Mobil can run a chemical plant relatively cheaply.
On a Friday, it is MORNING EDITION from NPR News. Good morning. I'm David Greene.
In a unanimous ruling, a federal appeals court has struck down part of the Defense of Marriage Act. The First Circuit Court of Appeals, in Boston, ruled the 1996 law unconstitutional because it denies giving gay couples the same rights afforded to heterosexual couples. As NPR's Barbara Bradley Hagerty reports, the ruling sets the stage for a potential battle at the U.S. Supreme Court.
OK, let's turn now to personal wealth. Today's last word in business is disappearing millions.
The number of millionaire households in this country declined in 2011. That's according to this year's Global Wealth Study from the Boston Consulting Group. It found the number of American households with a million dollars of investable assets shrunk by 2.5 percent.
The U.S. still leads the world in millionaires, but developing countries are gaining ground. Other countries added nearly 200,000 millionaire households in 2011.
Iraqi Prime Minister Nouri al-Maliki recently held one of his traveling Cabinet meetings in the disputed city of Kirkuk in an effort to show Iraqi Arabs on the edge of the Kurdish-controlled north that he's working on their behalf, too.
But the fact that he felt obliged to bring in large numbers of heavily armed troops for the event illustrated the tension plaguing Iraqi politics.
A decade ago, investors thought Greece would flourish on the euro. Money poured in, and banks started lending it out. Thefilos Papacostakis, a bank teller at Alpha Bank in Thessaloniki, got to hand out a lot of that money.
Last month, Thefilos says, his bosses called him in for a meeting. They told him things were about to get worse. When countries are in this kind of trouble, the bosses said, people panic and pull their money out of banks.
Andrew Garfield is an actor on the verge of superstardom — and he's only 28 years old.
Although Garfield may be best known to American audiences for playing Facebook co-founder Eduardo Saverin in The Social Network, Garfield started acting in England, where he grew up. There, Garfield made notable turns in the critically acclaimed Red Riding Trilogy as well as in Never Let Me Go, based on the novel by Kazuo Ishiguro.