Originally published on Mon April 23, 2012 6:19 am
Unlike the United States, Germany never had a housing bubble. Its mortgage market is too tightly regulated. But some German banks did lose a lot of money in the financial crisis, and they're still paying a big price for it.
Later this week, we get some key data to help judge the state of the nation's housing market. There are some early signs of recovery, but home prices are still falling in many areas, as NPR's Chris Arnold reports.
CHRIS ARNOLD, BYLINE: Tomorrow, we'll get the latest word on home prices from what's called the S&P Case-Shiller index. That keeps showing price declines in many areas. Though those price drops have been leveling off, so things definitely aren't as bad as they were.
Originally published on Mon April 23, 2012 6:09 am
Swiss food and drink giant Nestle announced a deal Monday to acquire Pfizer Inc.'s infant-nutrition business for $11.85 billion in a bid to boost sales in emerging markets. Before the announcement, Nestle already had the largest share of the global baby-formula market at just under 20 percent.
At a Republican candidates' forum in Wisconsin before the state's primary earlier this month, a speaker who wasn't on the ballot had strong words for the GOP regarding its low standing among Hispanic voters.
"The way the party ... talks about immigration is going to impact the future course of this party and the future course of this nation," said former U.S. Attorney General Alberto Gonzales, the first Hispanic to hold the nation's highest law enforcement post.
Lots of kids get bullied. But kids with autism are especially vulnerable.
A new survey by the Interactive Autism Network found that nearly two-thirds of children with autism spectrum disorders have been bullied at some point. And it found that these kids are three times as likely as typical kids to have been bullied in the past month.
We'd probably like to think that clean, safe food goes hand in hand with pristine nature, with lots of wildlife and clean water. But in the part of California that grows a lot of the country's lettuce and spinach, these two goals have come into conflict.
Environmental advocates say a single-minded focus on food safety has forced growers of salad greens to strip vegetation from around their fields, harming wildlife and polluting streams and rivers.
After suffering from injuries from the beating and struggling publicly with alcoholism, today Rodney King is contented, sober and engaged — to Cynthia Kelley, who served on the jury of King's civil trial against the city.
With a helicopter buzzing overhead, the videotape of Rodney King's encounter with police is so famous, you could say he was beaten into American history: The image of him writhing in pain as several Los Angeles police officers repeatedly beat, kicked and tasered him is, by now, world-famous — and synonymous with abuse of power.