NPR's business news starts with a record high in Europe.
The jobless rate in the eurozone hit 12 percent for the first two months of the year. That's the highest unemployment has been in the eurozone since the euro currency was introduced in 1999. Analysts say rising unemployment is partly due to budget cuts and tax hikes aimed at reducing heavy levels of government debt. Transcript provided by NPR, Copyright NPR.
For all of last year, Fannie Mae posted net income of $17.2 billion. Just a year earlier, it had lost nearly the same amount. The company that finances home mortgages is still under government conservatorship.
The Obama administration is delaying the start of a key piece of the Affordable Care Act - the national healthcare law. Workers in small businesses will have to wait an additional year to be able to choose from more than one plan in the new online marketplace that start next January. NPR's Julie Rovner reports that the change might dampen enthusiasm, at least at the start. But not everyone thinks that's a bad thing.
For Florida Atlantic University, a recent decision to sell the naming rights of its new football stadium to the GEO Group, turned from being a cash windfall to a PR disaster. When FAU's president announced the deal, she called GEO, a private prison corporation, a wonderful company. Not everyone agreed. Students, troubled by allegations of abuse at some facilities, held protests and now the deal has been called off.
Hey Siri, can I take a shower on the Trans-Siberian Railway?
(SOUNDBITE OF BEEPING)
SIRI: I found 15 places matching the trend, southern of Denmark. They're pretty far from Railroad, Pennsylvania.
GREENE: Mm-hmm. OK. Not that accurate, Siri. Well, you know, what might work better than an iPhone? A travel guidebook, the good old fashion kind. Let me see I'm looking to see what it says in "Trans-Siberian Railway Guide" from Lonely Planet: There are no showers on passenger carriages except for a few top-quality trains.
In recent weeks, we've heard a lot of threats from North Korea. Yet we know little about their leadership when it comes to domestic policy. For a window into what changes might be like, David Greene talks to North Korean expert Marcus Noland, director of Studies at the Peterson Institute for International Economics.
A former House historian, prolific biographer and professor emeritus at the University of Illinois, Chicago, Robert Remini spent a lifetime exploring handwritten letters and other documents that illuminate the 19th century. He won a National Book Award for the three-volume The Life of Andrew Jackson.
If you travel a lot you're probably doing a lot of meals in airports, maybe fast-food by Gate C31 or the chain coffee place nearby. Well, one of the busiest airports in the country is now bringing in local restaurants.
As Peter O'Dowd reports from member station KJZZ in Phoenix, these small businesses are taking a risk for a shot at a big reward.
President Obama urged Congress to take action on measures to protect children from gun violence while speaking in the East Room of the White House last week. Standing with Obama are Vice President Joe Biden and, according to the White House, law enforcement officials, victims of gun violence and others, whom the White House did not want to name.
Malala Yousafzai, targeted by the Taliban for her advocacy in favor of education for girls and young women in her native Pakistan, will be honored at the opening night of Tina Brown's Women in the World Summit.
The rape and eventual death of a young woman in New Delhi has spurred a large protest movement calling for greater attention to violence against women. (Pictured: A protest held one month after the woman's rape.)
Credit AFP / Getty
Women's health activist Molly Melching poses with some of the women she worked with and taught in Senegal. Over a period of 20 years, Melching's activism helped drastically reduce female genital cutting in a region of the West African nation.
Tina Brown, editor of the Daily Beast and Newsweek, joins NPR's Steve Inskeep again for an occasional feature Morning Edition likes to call Word of Mouth. She talks about what she's been reading and offers recommendations.
This month, as Brown prepares for her annual Women in the World Summit in New York City, her reading suggestions address just that: the role of women in the developing world.
Camden, N.J., has serious health problems, with too many people going to local emergency rooms unnecessarily. But progress is being made, albeit slowly.
John Pike, 53, is a Camden resident who used to be a frequent flier at the ER.
Pike has a smoker's cough, and when that cough or pain in his bad hip flared up, he'd go to the ER — maybe eight or nine times a year. But when he did, ER staffers didn't really remember him or his medical history.
Despite growing up in Virginia, I never tasted grits until I was in college. I remember that first bite vividly, because it left me with the impression that grits were truly disgusting. My freshman roommate would make them with her hot pot, and this vile, gluey goo made me swear they would never pass my lips again.
Fast-forward a couple of years, when I was once again duped into trying instant grits — this time doctored with cheddar cheese and butter. Still horrible. Twice fooled, it's a wonder I ever tried them again.
The demand from American companies for high-skilled immigrants seems to be up this year. And that could mean something is about to change for the overall economy.
There is a cap on the number of visas the government gives out for these kind of workers every year. Lately, that cap has been 85,000. Demand always outstrips supply, but for the past couple of years, it has taken at least a few months to hit the quota. But this year, the H-1B visas might be gone by the end of the week.
It being the start of baseball season, that means we've been inundated by predictions — who'll win the divisions and the pennants and the World Series? We know two things on this subject. In every sport, at the start of the season, the experts are bound and determined to make these long-range predictions. And second, they are invariably wrong.