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History
2:40 am
Fri February 1, 2013

Grand Central, A Cathedral For Commuters, Celebrates 100

Originally published on

Friday marks the day that 100 years ago, Grand Central Terminal opened its doors for business for the very first time. The largest railroad terminal in the world, the magnificent Beaux-Arts building is in the heart of New York City on 42nd St. And while it no longer serves long-distance trains, it's still a vibrant part of the city's eco-system.

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Planet Money
2:38 am
Fri February 1, 2013

An International Battle Over One Of The Most Boring Things In Finance

Jeremy O'Donnell Getty Images

Originally published on Tue February 12, 2013 10:26 am

This week saw the end of a years-long, international, multi-billion-dollar battle over one of the most boring things in finance: savings accounts.

At the center of the battle was Iceland, a tiny country where the banks grew into international behemoths during the credit bubble.

The banks got so big partly by convincing foreigners to open up online savings accounts. In particular, lots of people in England and Netherlands opened up "ICESAVE accounts" with a bank called Landsbanki. During the financial crisis, the bank collapsed.

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U.S.
9:03 pm
Thu January 31, 2013

Relentless, Despite Losses: Congressman's Climb To The Hill

U.S. Rep. James Clyburn explains the hope he carries along with him in his career to his granddaughter Sydney Reed.
StoryCorps

Originally published on Fri February 1, 2013 12:09 pm

It took years for Democratic Rep. James Clyburn of South Carolina to become who he is today: the highest-ranking African-American in Congress.

And those years included many failures. During a visit to StoryCorps, his granddaughter Sydney Reed, who was 10 at the time of the recording, asks Clyburn a personal question: "Have you ever felt you wanted to quit?"

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It's All Politics
5:38 pm
Thu January 31, 2013

Hagel's Hearing: 7 Things We Learned

Secretary of Defense nominee Chuck Hagel testifies Thursday before the Senate Armed Services Committee during his confirmation hearing.
Alex Wong Getty Images

Originally published on Thu January 31, 2013 6:56 pm

So what did we learn from Secretary of Defense nominee Chuck Hagel's sometimes rocky confirmation hearing Thursday before the Senate Armed Services Committee?

1) We learned that the former two-term Republican senator from Nebraska with the reputation for speaking his mind and not sticking to his party's talking points has through the years said lots of things that could be used against him in such a setting.

And they were. Repeatedly.

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The Two-Way
5:22 pm
Thu January 31, 2013

Explosion Hits State Oil Company Building In Mexico City

Firefighters belonging to the Tacubaya sector and workers dig for survivors after an explosion at a building adjacent to the executive tower of Mexico's state-owned oil company PEMEX.
Guillermo Gutierrez AP

Originally published on Thu January 31, 2013 9:07 pm

What appears to be a significant explosion has rocked the Pemex tower in Mexico City. Television images are showing smoke billowing from the glass high rise in the Mexican capital.

Pemex, the state-owned oil company, tweeted that an explosion happened in a building that is part of the oil giant's headquarters. According to the company and the country's interior minister, 14 people are dead and 80 are injured.

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