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Around the Nation
5:27 am
Tue May 15, 2012

California Budget Deficit Grows

Originally published on Tue May 15, 2012 9:51 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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World
5:27 am
Tue May 15, 2012

Quebec Students Clash With Police Over Tuition Hike

Originally published on Tue May 15, 2012 9:51 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
4:45 am
Tue May 15, 2012

The Last Word In business

Originally published on Tue May 15, 2012 9:51 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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Latin America
4:45 am
Tue May 15, 2012

Mexican Police Investigate Latest Atrocity

Originally published on Tue May 15, 2012 9:51 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning, I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

A news item last weekend reminded us that we live in a largely peaceful country right next door to a country at war with itself. In northern Mexico on Sunday, authorities found the bodies of 49 people. They were left on a highway outside Monterrey about 75 miles from Texas. They are described as victims of the Zetas crime syndicate. And the dumping of bodies like this is not unusual in Mexico.

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Business
4:45 am
Tue May 15, 2012

The Latest On JPMorgan Chase

Originally published on Tue May 15, 2012 9:51 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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Business
4:45 am
Tue May 15, 2012

Facebook Raises Anticipated Stock Price

Originally published on Tue May 15, 2012 9:51 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.

Around the Nation
7:52 am
Mon May 14, 2012

Pipe Shop Owner Fights For Free Expression

When Adam Spiegel rolls down the metal security doors at his Medford, Ore., store, a painting becomes visible. Officials told him to clean the graffiti or be fined. He tells the Mail-Tribune it's not graffiti: it's a mural. Some onlookers think the painting resembles a giant bong.

Business
7:34 am
Mon May 14, 2012

Yahoo CEO Out After Revelations Of Flawed Resume

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a Mother's Day shakeup.

(SOUNDBITE OF MUSIC)

INSKEEP: Yahoo says its CEO, Scott Thompson, is out, after a shareholder revealed an in accuracy on his resume. Mr. Thompson had claimed that he held two college degrees. In fact, he only had one. Thompson's resignation is a victory for an activist hedge fund that has been pressing for a shakeup in how Yahoo is run.

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Around the Nation
7:29 am
Mon May 14, 2012

Columbia University Janitor Graduates With Honors

Originally published on Mon May 14, 2012 9:48 am

When Gac Filipaj fled war-torn Yugoslavia in 1992, he became a refugee in New York. He took a janitor's job at Columbia University because it included free tuition. But he first had to learn English. After a dozen years, he received a bachelor's degree in classics over the weekend.

Business
4:51 am
Mon May 14, 2012

Facebook's IPO Could Make Its CEO Worth $18B

Originally published on Mon May 14, 2012 7:37 am

Facebook is expected to start selling stock to the public this week. The social networking giant is expected to begin trading on the Nasdaq Stock Market on Friday. CEO Mark Zuckerberg will remain the company's biggest shareholder. Steven Levy, of Wired magazine, talks to Morning Edition's David Greene about what that means for the company and potential shareholders.

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