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Business
4:24 am
Wed August 7, 2013

Bezos' Resources Could Go A Long Way For 'The Post'

Originally published on Wed August 7, 2013 8:41 am

News that Jeff Bezos, the founder and CEO of Amazon, is buying The Washington Post for $250 million took many in the news media and publishing industries by surprise. For more insight into Bezos, David Greene talks to BusinessWeek senior writer Brad Stone. He is the author of an upcoming book: The Everything Store: Jeff Bezos and the Age of Amazon.

Politics
4:24 am
Wed August 7, 2013

Obama Focuses On Making Home Ownership More Accessible

President Obama is in California, where he'll visit Marines at Camp Pendleton. On Tuesday, he spoke about housing in Phoenix. Among other items, he talked about winding down Fannie Mae and Freddie Mac, the companies that guarantee most long-term fixed-rate mortgages in the U.S.

Business
4:24 am
Wed August 7, 2013

DOJ Files Civil Charges Against Bank Of America

Originally published on Wed August 7, 2013 5:01 am

Transcript

RENEE MONTAGNE, HOST:

The Justice Department is bringing civil charges against one of the nation's largest banks. The government alleges that Bank of America made false statements about the quality of home loans it sold off to investors, $850 million worth of loads. The Justice Department move is the latest in a series of cases being brought against financial firms.

NPR's Chris Arnold has been following all of this and joins us now. Good morning.

CHRIS ARNOLD, BYLINE: Good morning, Renee.

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Business
4:24 am
Wed August 7, 2013

Cardboard Cutout Is An Effective Police Officer

Originally published on Wed August 7, 2013 6:46 am

At a subway and bus station in Cambridge, Mass., transit police planted the cutout to watch over the bike racks. Bike thefts are down 67 percent.

Business
4:24 am
Wed August 7, 2013

Virgin America Announces Earnings Win

Originally published on Wed August 7, 2013 6:42 am

The company has been hit by a lot of losses since it was founded in 2007. But for the second quarter of this year, it says it earned nearly $9 million. Virgin America seems to be reaping the benefits of falling fuel prices and an increase in people traveling.

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