NPR's business news starts with a cage-free promise.
Burger King announced yesterday, that by 2017, all of its eggs and pork will come from animals not penned-up in cages and crates. Burger King is the first major U.S. fast food chain to put a firm deadline on such a promise. The move is seen as part of an industry-wide shift to consider animal concerns.
One food industry analyst says it proves quote, "that consumers are willing to pay a little bit more for fairness."
It's MORNING EDITION from NPR News. Good morning. I'm Steve Inskeep.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
For the president, next week is being billed as the official launch of his re-election campaign. Mr. Obama will be holding rallies in the swing states of Ohio and Virginia. But it would be hard to tell a difference from this week, when Mr. Obama made a tour of college campuses in three other battleground states.
Let's stay in Europe for our last word in business - about an ad that allegedly pushes Nationalist buttons.
RENEE MONTAGNE, HOST:
The story starts with the Netherlands Energy Company. As a promotion, the energy company is offering free beer taps.
INSKEEP: We do not know how a free beer tap promotes using energy, but never mind. The company bought ads. The ads contain a warning for Netherlands women: Prevent your husbands from traveling to Ukraine to see this summer's European soccer championship. They thought...
China and Africa have become major trading partners in recent years. Chinese companies have made a big push into Africa seeking raw materials like oil. And enterprising Africans now travel to China to buy cheap goods at the source and ship them home. Today, the city of Guangzhou, near Hong Kong, is home to some 10,000 Africans, the largest such community in China. The city's Little Africa neighborhood is a world unto itself, with restaurants specializing in African food to money changers who deal in the Nigerian currency.
Earlier this month, a judge approved a settlement between five major banks and nearly all of the state attorneys general. The banks admitted to taking shortcuts — or "robo-signing" documents — as they pushed through some foreclosures.
Most of the $25 billion settlement is supposed to go toward reducing mortgage payments for some troubled homeowners. But lots of other programs have promised to help struggling homeowners in the past, and results have been disappointing.
Hockey teams wearing darker-colored jerseys are more likely to be penalized for aggressive fouls than teams wearing white jerseys, according to new research. Teams wearing black jerseys in particular get penalized the most, according to an analysis that may offer a window into the hidden psychological dynamics of the ongoing NHL playoffs.
Security professionals in both the U.S. government and in private industry have long feared the prospect of a cyberwar with China or Russia, two states capable of launching destructive attacks on the computer networks that control critical assets such as the power grid or the financial system.
Now they face a new cyberthreat: Iran.
"[The Iranians] have all the resources and the capabilities necessary to be a major player in terms of cyberwarfare," says Jeffrey Carr, an expert on cyberconflict who has consulted for the U.S. Department of Defense.