Morning Edition

Weekdays from 5am to 9am
Steve Inskeep and Renee Montagne

Morning Edition provides news in context, airs thoughtful ideas and commentary, and reviews important new music, books, and events in the arts. All with voices and sounds that invite listeners to experience the stories.

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Business
4:37 am
Tue May 1, 2012

Caring For Sick Or Elderly Is Tough On The Wallet

Credit Courtesy of Cheryl Matheis, AARP
Cheryl Matheis is senior vice president for policy at the AARP.

Originally published on Thu May 17, 2012 12:26 pm

The average caregiver is 49 years old. Cheryl Matheis, senior vice president for policy at AARP, tells Steve Inskeep when a worker has to leave their job to care for a relative, they lose on average $325,000 in lifetime income — from lost wages, Social Security and pensions.

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Europe
4:37 am
Tue May 1, 2012

British Parliament To Issue Report On Phone-Hacking Scandal

Originally published on Tue May 1, 2012 7:26 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene. Over the course of more than 60 years in the media business, Rupert Murdoch has earned a reputation as a blunt-spoken businessman who comes out swinging. Well today, British parliamentarians didn't pull their punches against him. They released the findings of an investigative panel that spent months looking into the illegal phone-hacking practices at Murdoch's News of the World, the now-closed British tabloid.

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Business
4:37 am
Tue May 1, 2012

Business News

Originally published on Tue May 1, 2012 7:23 am

The nation's second-largest bank is planning to layoff about 2,000 people at its investment banking, commercial banking and wealth management units, according to The Wall Street Journal. The cuts are notable because they include high earning employees in operations that account for most of Bank of America's profits since the financial crisis.

Business
4:37 am
Tue May 1, 2012

Companies Can Recovery From Bribery Scandals

Originally published on Tue May 1, 2012 6:47 am

Wal-Mart remains under a cloud after The New York Times reported the retailers expansion in Mexico involved systematic bribes. To get a sense of how that might play out, Steve Inskeep talks to Peter Solmssen, a managing board member and general counsel for Siemens. The German engineering and electronics conglomerate was involved in its own bribery scandal.

Africa
4:37 am
Tue May 1, 2012

Conflict Simmers Between Sundan, South Sudan

Originally published on Tue May 1, 2012 7:07 am

South Sudan is the country that voted to break away from Sudan. They've been jostling for control of border zones, including oil fields. And just as the two sides were sitting down to negotiate, fighting broke out.

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