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MONTAGNE: Last month, Warren Buffett's Berkshire Hathaway and a private equity firm announced they were buying Heinz for $29 billion. Now we're learning what the deal means for Heinz's CEO, William Johnson.
The oldest of the baby boomers came of age in the 1960s and are beginning to retire. Their younger cohorts are still putting kids through college and building careers. Baby boomers are a giant portion of the population — 78 million people, by one estimate.
They grew up in an era of rising living standards, but the Great Recession destroyed any sense of financial security — and many nest eggs. Financial planner Tim Maurer outlines a variety of issues boomers face.
Who is a baby boomer, and what defines their financial situations?
Alabama Gov. Robert Bentley says he believes the ultimate solution to the school safety issue rests with law enforcement.
The governor Monday addressed the opening session of a two-day seminar on school safety at a Montgomery hotel. Bentley, legislators and education officials have been discussing how to keep schools safe since the December shootings at a Connecticut elementary school.
Two recent tallies of the world's richest people agree on the broad points — but not on which continent has the most billionaires. Here, U.S. dollars are counted, with Chinese yuan notes in the background.
There are more than 1,400 billionaires in the world right now, according to two sources — one in the U.S., and one in China. But the tallies by Forbes and Hurun Report differ on key points, including whether there are now more billionaires in Asia than anywhere else.
This is TALK OF THE NATION. I'm Ari Shapiro in Washington; Neal Conan is away. Year by year, cities are raising fees and cutting public services to stay out of financial trouble. For some cities, that's just not enough. Detroit projects a $200 million deficit this year, and the city owes $14 billion in long-term obligations. The state's Republican Governor Rick Snyder says there's probably no city more financially challenged in the entire United States.
This is TELL ME MORE from NPR News. I'm Michel Martin. Coming up, it's been called a landmark in the American literary canon. Certainly it's one of the premier works of Chicano literature. Now it's finally made its way to the big screen. We are going to speak with its star, herself a well-loved pioneer among Latina actresses. Her name is Miriam Colon and she's with us in just a few minutes to tell us about "Bless Me, Ultima."
The housing market is recovering in much of the country, not so much in Idaho. Home prices dropped by 46 percent in the Boise area during the financial crises. Forty-six percent. Today's business bottom line takes us to the home of a family that rode out the crash and are still waiting for better times. Here's Molly Messick of Boise State Public Radio.
President Obama ordered across-the-board federal spending cuts on Friday night. The $85 billion in cuts are spread across much of the government. The president and many Republicans have called the cuts unwise. But Congress passed them and the president signed them in 2011, and in recent days, they did not agree on a plan to revise or replace them.
We turn to David Wessel to find out what happens now. He is economics editor of The Wall Street Journal. David, welcome back.
We are often urged to buy local, but when people say that, we're usually thinking about food. Now it seems you can aim for local furniture and local building materials. Matt Sepic of Minnesota Public Radio reports on the Minneapolis business that makes everything from hardwood flooring to picture frames from trees cut just down the block.
Residents of Detroit are absorbing the message sent by Michigan's governor. Rick Snyder swept aside the city's elected officials. He's using his power to appoint an emergency manager to take over city finances. Residents are deeply divided about this move, as we hear from Michigan Radio's Sarah Cwiek.
UNIDENTIFIED WOMAN: Nobody had a comment in regards to the lighting problem?
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Tax day is looming and taxpayers are scrambling to gather receipts, W-2 forms and other documents. For many, gone are the days of paper ledger books and calculators, now that there's software to figure out how much they owe.
Students at Westlake High School in Waldorf, Md., participate in an interactive digital conversation with historian Kenneth C. Davis about late 19th and early 20th century American history on Thursday. The school uses a state of the art "telepresence center" for students to connect with experts all over the world.
The hallways at Westlake High School in Maryland are just like thousands of other school hallways around the country: kids milling around, laughing and chatting on their way to class.
On a recent morning, about 30 kids took their seats in a classroom that initially seems like any other. The major difference here is that instead of a chalkboard and a lectern at the head of the class, there are two enormous flat-panel screens and thin, white microphones hanging in four rows across the ceiling.