Politics
3:22 am
Tue January 15, 2013

Obama Urges Congress To Raise Debt Ceiling

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION, from NPR News. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Good morning.

In a looming battle over the federal debt ceiling, Republicans in Congress insist they hold the cards. They do have the power to stop federal borrowing, withhold payment of federal debts and cause unknown damage to the world economy. Some want to use that power to force President Obama to reduce federal spending in the way they want.

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Around the Nation
3:22 am
Tue January 15, 2013

Utilities Contemplate What Climate Change Means To Them

Originally published on Tue January 15, 2013 8:36 am

Superstorm Sandy devastated the mostly below ground electric system that runs through the heart of Manhattan. What happens if Sandy is part of a new weather pattern? Con Edison, the utility that provides power to much of New York's five boroughs, is looking for ways to protect its aging infrastructure.

Business
3:22 am
Tue January 15, 2013

JPMorgan Chase Agrees To Beef Up Risk Management

Originally published on Tue January 15, 2013 5:06 am

Banking regulators are telling JPMorgan Chase that it must take action to improve its risk analysis and money-laundering controls. The bank racked up a $6 billion trading loss last year. CEO Jamie Dimon cited managerial lapses and called the loss inexcusable.

Business
3:22 am
Tue January 15, 2013

South Park Duo Creates Production Studio

Originally published on Tue January 15, 2013 5:44 am

Transcript

RENEE MONTAGNE, HOST:

And in other news, the creators of "South Park" and "The Book of Mormon" have announced they are forming their own production studio. NPR's Mandalit del Barco reports.

MANDALIT DEL BARCO, BYLINE: Having success in TV, movies and Broadway, Trey Parker and Matt Stone are now branching out with their own, $300 million production company. They've named it Important Studios, and it's poised to approve TV movie and theater projects. It will give the moguls creative and financial control over what they do.

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Business
3:22 am
Tue January 15, 2013

The Last Word In Business

Originally published on Tue January 15, 2013 6:38 am

The deal is valued at close to $1 billion. Harry Winston is a symbol of luxury. It regularly loans out its diamond studded creations to stars for their walk down the red carpet. Swatch may be best known for its colorful plastic watches.

Business
3:22 am
Tue January 15, 2013

Business News

Originally published on Tue January 15, 2013 6:32 am

Wal-Mart is expected to announce that it will hire every veteran who wants a job as part of a new program beginning on Memorial Day. The only requirements: that he or she left the military in the previous year and wasn't dishonorably discharged.

Business
3:22 am
Tue January 15, 2013

Toyota Regains No. 1 Sales Position

Originally published on Tue January 15, 2013 5:43 am

After careening from back-to-back crises — recalls and the tsunami — Toyota is No. 1 in worldwide sales again. Toyota says it sold at least 9.7 million vehicles in 2012. General Motors reports it sold 9.3 million. Both companies say it doesn't really matter which one is in the top spot.

Business
2:24 am
Tue January 15, 2013

With Redesigned Corvette, GM Ushers In New Era Of American Sports Car

The newly redesigned Corvette Stingray is unveiled by General Motors on Sunday. The Corvette's status as a cultural icon presents challenges for GM as it attempts to the bring the beloved brand into the 21st century.
Carlos Osorio AP

Originally published on Tue January 15, 2013 9:24 am

This week, the sleek, speedy Chevy Corvette turns 60 years old. In the increasingly competitive auto business, where few cars make it past their teens, that makes it nearly ancient.

General Motors, however, is not retiring one of America's oldest sports cars just yet, and is embarking on the perilous path of updating the beloved brand. The auto company unveiled the new 2014 Corvette at the Detroit Auto Show on Sunday, a model that also revives the long-dormant Stingray name.

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Shots - Health News
2:23 am
Tue January 15, 2013

Flu Wave Stresses Out Hospitals

Physician assistants Scott Fillman (left) and Andrew Hunadi get ready to see patients with flu symptoms, in a tent erected just outside the emergency entrance at the Lehigh Valley Hospital in Allentown, Pa.
Matt Rourke AP

Originally published on Wed January 16, 2013 2:32 pm

What does it feel like to be working in an emergency room during this nasty flu season? Monday. Every day feels like Monday, typically the busiest time of week in the ER.

"Now instead of having a Monday peak, it's seven days a week of a Monday," said Dr. Bill Frohna, who runs the emergency department at MedStar Washington Hospital Center in Washington, D.C.

It's still too soon to say whether this is a historically bad flu season. But it's already clear that emergency rooms around the country are filled with a feverish throng that is much larger than the last time around.

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World
2:22 am
Tue January 15, 2013

Training Program Aims To Prep Soldiers For Civilian Jobs

Minnesota National Guard Capt. Jeff Pratt, who has nearly 20 years of military service under his belt, found a civilian job with the help of a new jobs program led by the Minnesota National Guard.
Jennifer Simonson for NPR

Originally published on Tue January 15, 2013 9:11 am

Thousands of Minnesota soldiers deployed in Kuwait woke up to a surprise last spring. Just weeks before the end of their tour, a group of corporate recruiters in business-casual attire showed up on base. The first-of-its kind visit was part of a new strategy to help returning service members find civilian jobs before their feet even hit U.S. soil.

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