Originally published on Fri December 14, 2012 6:02 am
The bank UBS has been in the middle of a huge investigation into interest rate manipulation. There are several reports that a subsidiary of UBS is making a settlement deal with U.S., British and Swiss officials.
The term "right to work" has been in the news a lot this week. On Tuesday, Michigan became the 24th state to enact right-to-work legislation. It means unions can no longer require workers to pay full dues, even if they're working in a union shop.
Originally published on Fri December 14, 2012 6:51 am
In an interview with David Greene, outgoing Securities and Exchange Commission Chairman Mary Schapiro reflects on her tenure at the agency, and the disappointment that she wasn't able to overhaul money market funds. She leaves the job on Friday.
When it comes to reducing Medicare spending, asking wealthier seniors to pay more is one of the few areas where Democrats have shown a willingness to even consider the subject.
"I do believe there should be means testing. And those of us with higher income in retirement should pay more," said Sen. Dick Durbin, D-Ill., on last Sunday's Meet the Press. "That could be part of the solution."
Good morning. I'm David Greene. Remember Cecilia Gimenez? She's the 80-year-old Spanish woman who gained fame for her restoration of a 19th century fresco of Jesus. The botched restoration became quite a sensation. Some describe it as looking more like a monkey. Well, now Gimenez is selling some original work. It's a painting of a house in her hometown. It's on eBay, with bidding at more than $800. It makes you wonder if that Jesus restoration was bad art or good business. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
Good morning. I'm Renee Montagne. Kristina Green knew she couldn't trump her next door neighbor's elaborate Christmas light display, so the Maricopa, Arizona woman decided to have some fun. Now pictured on her Facebook page is her neighbor's house covered, from driveway to roof, in 16,000 lights. And Green's house? It features a display of just 900 lights above her garage arranged to spell out the word ditto with an arrow pointing next door. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.