Good morning. I'm Steve Inskeep with congratulations to Stephen Brede. He climbed into a canoe on the Michigan shore of Lake Erie in June. Two months later he returned to the same spot from the opposite direction, having paddled around the entire lake. He says he camped onshore and sometimes residents took him in. The Petoskey News-Review says he now reports having paddled around three of the Great Lakes. And at age 61, he has two to go. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.
Being in the video rental business is tough these days, and Old Bank DVD in Los Angeles goes after every last dollar. Actor Nicholas Cage owed more than $200 in late fees. The store outed him on Facebook, and he settled the debt.
Followers of the Reverend Sun Myung Moon are in mourning today. The 92-year-old founder of the controversial Unification Church died Sunday in South Korea. The evangelical leader was often accused of running a cult with millions of followers nicknamed Moonies. He's perhaps best known for joining tens of thousands of couples together at mass weddings, and more recently for his billion dollar business empire. Reporter Doualy Xaykaothao visited Reverend Moon's church in Seoul and brings us this report.
Originally published on Mon September 3, 2012 6:03 am
At least a dozen private equity firms are being investigated over their use of a questionable tax strategy, according to The New York Times. The state's attorney general is looking into whether the firms converted fees for managing funds into investment income — allowing it to be taxed at a much lower rate.