Originally published on Wed June 20, 2012 12:07 pm
The defense rested its case just before noon ET today and closing arguments will begin Thursday in the trial of former Penn State assistant football coach Jerry Sandusky on charges of sexually abusing young boys, according to reporters from The Associated Press, NPR and other news outlets.
Sandusky did not take the stand in his own defense.
Our Original Post: If Sandusky Is Going To Testify, Today's The Likely Day
The founder of WikiLeaks, Julian Assange, spent the night at the embassy of Ecuador in London. Yesterday, he unexpectedly walked into the embassy and requested political asylum. Assange is seeking to avoid being extradited from Britain to Sweden, where he's wanted for questioning about allegations of sex crimes, including rape. We're joined by NPR's Phil Reeves in London. Phil, why do this now?
Good morning. I'm Linda Wertheimer. Faster than a speeding bullet, more powerful than a locomotive and not born in Ohio. The idea of Superman was conceived in Glenville, Ohio back in the 1930s, but when a proposed Superman-themed license plate called Ohio birthplace of Superman, DC Comics and Warner Communications objected. Superman, they point out, was born on the planet Krypton. It's MORNING EDITION.
Originally published on Wed June 20, 2012 12:42 pm
The Federal Reserve — the nation's central bank — will end its two-day meeting on Wednesday by offering its assessment of the economy, and then declaring its latest plan for making things better.
Investors all over the world will be waiting to hear just how weak — or not — the Fed thinks the U.S. economy is. And they will be watching to see whether the bankers plan to continue trying to stimulate growth by extending two controversial programs, one known as Operation Twist, and the other as quantitative easing.
For the Miami Heat, it's three down, one to go. Last night in Miami, the Heat pulled within one win of an NBA championship, with 104 to 98 victory over the Oklahoma City Thunder. That gives Miami a 3-to-1 lead in the series and a comforting statistic for Heat fans to think about until tomorrow night's game 5. No team in NBA history has come back from a 3-1 deficit in the finals. NPR sports correspondent Tom Goldman joins us now to talk about it.
NPR's business news starts with the Fed in the spotlight.
U.S. stocks rallied yesterday largely on a belief among investors that the Federal Reserve will take further action to stimulate the economy. The Fed concludes a two-day meeting around noon today. Afterwards, Chairman Ben Bernanke will hold a news conference to explain the Fed's strategy.
As NPR's John Ydstie reports, there are several things the Fed could do to try to boost growth, but whether they'd be effective is debatable.