Morning Edition from NPR

Mon-Fri 5AM – 9AM
Steve Inskeep and Renée Montagne
Bob Workmon

Produced by NPR in Washington, D.C., Morning Edition draws on reporting from correspondents based in 13 countries around the world, and producers and reporters in 19 locations in the U.S. Their reporting is supplemented by NPR member station reporters across the country and a strong corps of independent producers and reporters in the public radio system.

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Business
7:48 am
Fri July 13, 2012

JPMorgan: Trading Loss Grows To $4.4 Billion

Originally published on Thu August 30, 2012 2:23 pm

Transcript

RENEE MONTAGNE, HOST:

The largest bank in the U.S., JPMorgan Chase, this morning released its second quarter results. It's net income was $5 billion, but it turns out that loses in a failed hedging strategy involving a secretive trader were much higher than what the bank originally said the loss would be. In fact, JPMorgan lost $4.4 billion last quarter on those risky trades.

As NPR's Yuki Noguchi reports, that's not the full extent of the firm's damage.

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Around the Nation
7:48 am
Fri July 13, 2012

Surfing Goats Amaze California Beachgoers

Originally published on Fri July 13, 2012 11:04 am

Transcript

RENEE MONTAGNE, HOST:

World
7:18 am
Fri July 13, 2012

Lebanese Tire Of Protesters Using Tires

Originally published on Fri July 13, 2012 11:04 am

Transcript

STEVE INSKEEP, HOST:

Good morning. I'm Steve Inskeep. People in Beirut are sick of political protests across the country. Protesters have been blocking highways with burning tires. So there was only one thing to do. Yesterday, they held a protest using tires against protests using tires. Instead of burning the tires in the street, they painted the tires many colors. The protesters held up signs reading: We are tired. And a police officer refused to ticket them, saying, their tires are pretty. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

Books
6:57 am
Fri July 13, 2012

Original Fiction In All The 'Shades' Of Fandom

courtesy of Vintage/Anchor Books

Originally published on Tue July 17, 2012 10:17 am

This Friday the 13th, fans of horror films and hobbits, science fiction and fantasy are descending upon the San Diego Convention Center. They're gathering for the annual explosion of pop culture fandom that is Comic-Con. One of the biggest phenomena in pop culture at the moment will be making an appearance, and it's not a man of steel or a boy slinging webs.

It's a 40-something woman who writes... wait for it... steamy romance.

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Business
6:51 am
Fri July 13, 2012

Geithner Pointed Out LIBOR Concerns In 2008

Originally published on Fri July 13, 2012 11:04 am

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

NPR's business news starts with a warning about LIBOR.

It came years ago. We now know that Treasury Secretary Tim Geithner pointed out problems with the way that London's key interest rates were set. He did this in 2008, in the midst of the financial crisis at the time he was head of the New York Federal Reserve.

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Africa
6:37 am
Fri July 13, 2012

Al-Qaida-Linked Group Infiltrates Timbuktu

Originally published on Fri July 13, 2012 11:04 am

The ancient desert town of Timbuktu is under assault in the west African nation of Mali. Islamist forces have taken over much of northern Mali where Timbuktu is located. One group, allied with al-Qaida, has begun systematically destroying Shrines that celebrate ancient Muslim saints. Human Rights Watch Senior Researcher Corinne Dufka talks to Renee Montagne about the destruction.

Business
5:48 am
Fri July 13, 2012

JPMorgan To Reveal Earnings, Trading Losses

Originally published on Thu August 30, 2012 2:26 pm

Transcript

RENEE MONTAGNE, HOST:

And the biggest bank in the U.S., JPMorgan Chase, says it has lost $4.4 billion from its failed hedging strategy involving a secretive trader. That's more than twice the bank's earlier estimate. The company released its second-quarter earnings report this morning, and NPR's Jim Zarroli is with us now to talk about them. Jim, what is the company telling investors this morning about that money?

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Business
5:09 am
Fri July 13, 2012

Team USA Predicted To Take The Most Medals

Originally published on Fri July 13, 2012 11:04 am

Transcript

STEVE INSKEEP, HOST:

Some future news now. The Olympics begin two weeks from today in London, and we can already tell you the likely big winners. China will take the most gold medals, followed by the U.S. and host country, Great Britain. Team USA will win the most overall medals, followed by China and Russia.

RENEE MONTAGNE, HOST:

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Business
5:09 am
Fri July 13, 2012

Uzbekistan Sets Up Rival To Facebook

Originally published on Fri July 13, 2012 11:04 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business comes from the Central Asian country of Uzbekistan, which by the way, won six medals in the last Olympics. But today's last word is about another kind of competition, this one between social networking sites. And the word is: YouFace. That's the name of a new social networking site that aims to lure local Internet users away from Facebook, and, quote, "boost patriotism among young people in Uzbekistan."

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Asia
5:09 am
Fri July 13, 2012

China's Economy Slows To 3-Year Low

Originally published on Fri July 13, 2012 11:04 am

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News. I'm Renée Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Good morning. China's economic growth has slowed down to a three-year low. That's according to new figures released today. The numbers matter to us because of the way the world economy is so interconnected. Americans import a lot from China, sure, but have also been working to boost exports to other nations, including China.

NPR's Louisa Lim joins us from Beijing to make sense of the latest news. Hi, Louisa.

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