As part of its Changing Lives of Women series, Morning Edition is exploring women and their relationship with money: saving, purchasing and investing for themselves and their families.
Cuban-American Barb Mayo describes a tanda like this: "It's like a no-interest loan with your friends." Mayo had never heard of tandas growing up, and it wasn't until she started working in sales for a cable company in Southern California that she was introduced to the concept.
For the Internet community, the principles of free speech and equal rights are foundational. But in recent days, those issues are clashing at Mozilla, the nonprofit foundation and tech company behind the Firefox browser.
One of the world's largest drugmakers says it will invest more than $200 million in Africa over the next five years in a push for better treatment of noncommunicable diseases there.
GlaxoSmithKline said the funding would be focused on sub-Saharan Africa, where the company already employs about 1,500 people and operates three factories. The money would go toward building five more factories and funding of research and development focused on the region.
In February, General Motors issued sweeping recalls for several models suspected of having a faulty switch that automatically turns the car's engine off and prevents air bags from deploying — while the car is in motion. More than 2.6 million cars have been recalled so far.
At the core of the problem is a part in the vehicle's ignition switch that is 1.6 millimeters less "springy" than it should be. Because this part produces weaker tension, ignition keys in the cars may turn off the engine if shaken just the right way.
General Motors' CEO Mary Barra takes questions in Washington this week. She'll be asked about a defective ignition switch linked to at least 13 deaths and 30 injuries. General Motors has known about it since at least 2004, but only ordered a recall last month.
DAVID GREENE, HOST:
The House subcommittee examining the matter said on Sunday that the National Highway Traffic Safety Administration also knew about the issue and failed to investigate. The agency says there wasn't enough data to do so.
It's a truism in the financial industry that women need to get more out of their money than men since they live longer and make less, especially if they take time out to care for children or aging parents. But it's also a given that they lack confidence when it comes to investing, something that's clear on a recent evening at the Women's Center in Vienna, Va.