|
Business |
|
NPR news, audio, and news podcasts. Coverage of breaking stories, national and world news, politics, business, science, technology, and extended coverage of major national and world events.
|
|
-
Lending Stalls, Banks On Sidelines
Stock prices are at six-year lows. Over the past two days the Dow Jones industrial average has lost more than 6 percent of its value. The $700 billion bailout was supposed to stabilize the financial industry and get banks lending again. But that hasn't happened yet.
-
Sen. Dodd Frustrated By Banks' Use Of Funds
Christopher Dodd, chairman of the Senate Banking Committee, says he's frustrated with how banks are using funds provided by the government. He also thinks the Treasury Department has been too slow in addressing the mortgage crisis. Dodd tells Steve Inskeep that Congress may have to reconsider some parts of the rescue plan it approved.
-
Will Credit Rating Agencies Be Monitored?
The G-20 last weekend committed to exercising strong oversight of credit rating agencies. Many of the financial instruments that are at the heart of the financial crisis had been given triple-A ratings, meaning they were supposed to be of the highest quality. That turned out to be wrong. Will the G-20 declaration change anything?
-
Congress Gives Automakers Homework
Lawmakers considering a $25 billion aid package for the auto industry made getting a plan from carmakers a condition for getting the money. House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid say if there's a viable plan, Congress might return to work in early next month for a vote.
-
Cleric Supporters Protest Security Agreement
Thousands of Iraqis gathered at a central square in Baghdad Friday to demonstrate against a security agreement that would keep American forces in Iraq for another three years. The protesters are supporters of radical Shiite cleric Moqtada al-Sadr, who opposes the accord. Iraqi lawmakers are scheduled to vote on the agreement Monday.
-
Judge Orders 5 At Guantanamo Released
A federal judge in Washington has ordered the Bush administration to release five detainees from the prison camp at Guantanamo Bay, Cuba. The men have been held there for seven years on evidence the judge finds insufficient. The ruling is the first by a trial judge since the Supreme Court declared in June that the Guantanamo prisoners have the right to challenge their detentions in U.S. courts.
-
Border-State Gov. Napolitano Tapped For DHS
Arizona Gov. Janet Napolitano is said to be President-elect Barack Obama's pick to be the next secretary of homeland security. In taking on the job, she would draw on her experience with immigration and border-state issues.
-
Judge Orders 5 Freed From Guantanamo
The judge said there was no evidence to justify the detention of the Algerians, who have spent seven years in detention. They could be sent to Bosnia, where they were arrested in connection with an alleged terrorist plot.
-
Mike Huckabee, Writing About 'The Right Thing'
Former Arkansas Gov. Mike Huckabee, who made a spirited bid for the Republican presidential nomination, has a new book. He talks about what's next for the GOP and how the party can recover, as it did after the Watergate scandal.
-
Congress Stalls Automakers' Bid For Relief
After the Big Three auto executives spent two days seeking support on Capitol Hill for a bailout, the grand finale is no finale at all. Democratic leaders say they are delaying a vote until the auto companies present a plan showing how they will restructure their business.
|
|