In Egypt's first presidential debate, only the top two candidates participated. Voters go to the polls later this month to choose among a field of 13 candidates. The winner is expected to be decided in a runoff next month.
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JPMorgan Chase has acknowledged losing at least $2 billion over the last six weeks in an investment strategy that went awry. The losses are a big embarrassment to a bank that's usually seen as one of the best-managed on Wall Street. And the incident is already prompting new calls for tighter restrictions on bank trading.
The Department of Justice has announced it is suing Maricopa County Sheriff Joe Arpaio because of civil rights violations. He became a controversial figure for his tough stance on immigrants. Arpaio says he will not surrender his office and will fight the suit.
According to a survey by the National Retail Federation, mothers will be treated to a little more this holiday. All told, American consumers are expected to spend about $18.6 billion on the moms, stepmoms or grandmas in their lives.
NPR's business news starts with Sony hitting a three-decade low.
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INSKEEP: Sony shares fell to their lowest level since 1980 on Japan's Nikkei stock exchange today. That drop follows yesterday's report that the company suffered a net loss of $5.7 billion for the last fiscal year. The once dominant tech company has fallen behind other industry giants like Samsung and Apple, and has seen especially heavy losses in its TV division. Transcript provided by NPR, Copyright NPR.
If you enjoy foie gras, you may want to hold on making dinner reservations in California, because it's about to become the first state to ban the luxury liver dish made from ducks or geese. The nation's first statewide foie gras ban kicks in on July 1. Almost eight years have passed since a bill enacting that ban was signed. You'd think that by now both sides of the debate would've digested the inevitable, but no. Rachel Myrow reports from KQED in San Francisco.
Reporting from Afghanistan, Morning Edition's Renee Montagne talks to Salahuddin Rabbani. President Hamid Karzai recently appointed him chairman of the High Peace Council, which is tasked with negotiating with the Taliban. Rabbani replaced his father who was assassinated last year by a suspected Taliban member.
Here's an update on a member of Congress who became a multinational person. As we reported yesterday, former Republican presidential candidate Michele Bachmann is Swiss. She became a dual citizen of Switzerland and the U.S. through her husband, Marcus Bachmann, whose parents are Swiss and who recently claimed his Swiss citizenship.
This spring and summer, we're following two minor league baseball players. We're learning about the pressures on an athlete, the emotional highs and lows, and just what their lives are like. One of the players is a young man named Tyler Saladino. He's in the Chicago White Sox organization, and fans are excited about the future for this 22-year-old.
U.S. homeownership rates have fallen to their lowest point since 1997, despite the homebuyer tax credit and enduring rock-bottom interest rates. Two years ago on Morning Edition, we profiled two couples who were renting with no regrets. Have they changed their tune?