Once again, thanks for listening. This is ALL THINGS CONSIDERED from NPR West. I'm Arun Rath.
Today is the last day of Major League Baseball's regular season. The playoffs start Tuesday. And among the teams still vying for a spot in the World Series is the club with the fourth lowest payroll in the game.
(SOUNDBITE OF CHEERING)
UNIDENTIFIED MAN: The American League's Western Division title belongs to the Oakland Athletics.
The financial giant is also facing civil charges and fines that could cost it $11 billion. JPMorgan is negotiating with the Justice Department over the company's handling of mortgage-backed securities leading up to the housing crisis. Host Scott Simon talks with New York Times columnist Joe Nocera about the significance of the talks.
Originally published on Mon September 30, 2013 2:17 pm
Americans have a longstanding love affair with maple syrup. According to the USDA, production of the sticky stuff in the United States totaled 3.25 million gallons this year. However, it isn't the only tree syrup that's available to drizzle on your short stack or sweeten your latte.
In Florida, Louisiana, New York and other coastal states, many homeowners are in shock at new flood insurance rates that are rapidly approaching. After Hurricanes Katrina and Sandy left the National Flood Insurance Program $24 billion in the red, Congress revamped the program--phasing out subsidies. One group especially upset are new homeowners--people who bought a property and are now seeing their flood insurance costs skyrocket, making the property no longer affordable.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel. There was once a time when naming a new Federal Reserve chairman was a non-event. Well, not this time. The competition between supporters for former Treasury secretary Larry Summers and the current vice chairman of the Fed, Janet Yellen has been a highly public affair.
As NPR's John Ydstie reports, there's concern that the high profile discussion could politicize the Fed succession in a way that could ultimately hurt the economy.
Originally published on Fri September 27, 2013 3:17 pm
A Danish shipping company announced Friday the first-ever voyage of a large commercial freighter through the Northwest Passage — a journey made possible by the disappearance of Arctic ice due to global warming.
This may be premature, but it is best to think of this post as an obituary for the BlackBerry, a phone struck down seemingly in its prime. Gone so soon.
BB, we'll miss you.
Over the course of its existence, BlackBerry sold smartphones to more than 200 million people. It became ubiquitous in places like Indonesia, but it began with an invasion of Wall Street and Washington.
An electric wire factory in western Georgia is staffed almost entirely by teenagers. They are there because of a partnership between a local company, Southwire, and the Carroll County school system. They teamed up six years ago to try to reduce the high school dropout rate.
Even as the potential government shutdown drama remains unresolved, House Republican leaders are moving on to the next deadline: the debt ceiling. Economists say defaulting on payments could be catastrophic, but many House Republicans believe the debt ceiling is the best place to take a stand. Some even say the risk of default really isn't all that bad.
A perfect storm of sorts is leading some Western energy companies to step back from investments and operations in the Middle East. Companies see increased risk in the region because of the turmoil and violence following the Arab Spring. And, advances in technology have made it easier to produce oil in North America.