Sept. 15 is the anniversary of collapse of Lehman Brothers, which many see as a watershed moment in the financial crisis. We look back at a time when fear and uncertainty gripped financial markets and policymakers around the world and drove the world economy into the Great Recession.
Wall Street is buzzing about Verizon today. The telecommunications giant carried out the biggest sale in the history of the bond market, $49 billion worth of corporate bonds. Verizon will use the money to finance its recent mega deal with Vodafone.
As NPR's Jim Zarroli reports, the sale comes at a time when interest rates are rising. And companies that want to raise money can't afford to lose any time.
In his first semester playing football at San Diego State University, Gregory Porter severely injured his shoulder. Doctors told him his days on the field were over, but there was some good news: The school would let him keep his athletic scholarship. Suddenly without football, but with a lot of time on his hands, Porter searched for a new calling — and found it in his voice.
We have one more story where the media clearly lost control. Last week, a video of, let's say, dancing gone wrong, made its way around the Web in a big way. Not only that, it was picked up by many cable and local news networks. This week, late night TV host Jimmy Kimmel revealed the video was a hoax, that he staged the whole thing. NPR's Sami Yenigun reports this isn't the first time the media have been duped by staged scenes designed to go viral.
SAMI YENIGUN, BYLINE: It's got over 11 million views...
I noticed in The Guardian that there's a book coming out this week listing the 20 biggest challenges for modern science. I'd like to go over 10 of them today, perhaps coming back to the other 10 next week.