The head of JPMorgan Chase, Jamie Dimon, has gotten an invitation to testify in front of the Senate Banking Committee about his bank's recent trading loss of at least $2 billion.
STEVE INSKEEP, HOST:
Dimon is very much the public face of his firm. In a Wall Street culture where banks are defined as much by the executives who run them is by the assets they hold. So, what kind of culture led to the multibillion dollar losses at JPMorgan Chase?
INSKEEP: Technology giant Hewlett-Packard is poised to eliminate as many as 30,000 jobs worldwide. These cuts, though, will reportedly spare China - the company's largest source of growth, as well as its research and development divisions.
The Obama administration is announcing a major new initiative to boost investments in rural Africa in hopes of lifting millions out of poverty. Several African leaders are in Washington, D.C., for the announcement, which comes as President Obama hosts leaders of the Group of Eight in Maryland. Food security is a key agenda item.
When Terry Walls of Springfield, Mo., decided to go back to college at age 52, he wanted to put to rest a family rumor. He had heard his mother was denied admission to Missouri State University, and he was pointed toward Meyer Library on the MSU campus for answers.
There, he discovered an eloquent letter typed on fragile, onion-skin paper and signed with his mother's maiden name: Mary Jean Price. It was dated Oct. 2, 1950, and it was addressed to the university registrar:
For many people, Bike to Work Day (which is today) is a reason to put air in their bike's tires and see if their chain is too rusty to get them to work on time. And as a growing list of photographs shows, many people who follow NPR online also ride to work.
A SpaceX rocket waits to be launched at Cape Canaveral, Fla., in March. If all goes as planned, the private company's rocket will be the first commercial spacecraft to visit the International Space Station.
SpaceX founder Elon Musk runs his rocket company like a Silicon Valley tech firm. "That's the operating system that I have in my head of how to run an organization. And that's how I've created SpaceX," he says.
A private spaceship owned by a company called SpaceX is scheduled to blast off from Cape Canaveral in Florida early Saturday morning.
If all goes well, the unmanned capsule will rocket up on a mission to deliver food and other supplies to the International Space Station, becoming the first commercial spacecraft to visit the outpost.
The highly anticipated mission could mark the beginning of what some say could be a new era in spaceflight, with private companies operating taxi services that could start taking people to orbit in just a few years.
The prosecution's star witness underwent a withering cross-examination on Thursday at Roger Clemens' perjury trial. Clemens, a seven-time Cy Young Award winner, is charged with lying to Congress when he testified that he never used performance-enhancing drugs. Brian McNamee, his one-time trainer, is the only witness who has firsthand evidence that contradicts the baseball-pitching ace.
Earlier this week, guided by the prosecution, McNamee testified in agonizing and repetitive detail about how he injected Clemens with steroids and human growth hormone between 1998 and 2001.
The law grants physicians access to information about trade-secret chemicals used in natural gas drilling. Doctors say they need to know what's in those formulas in order to treat patients who may have been exposed to the chemicals.
But the new law also says that doctors can't tell anyone else — not even other doctors — what's in those formulas. It's being called the "doctor gag rule."