There's another dimension to that unfolding LIBOR scandal which cost Barclays, the British bank, its CEO and $450 million in fines after it was revealed that the bank had been manipulating international lending rates. Attention has shifted to why U.S. financial regulators, who knew about the rate rigging, didn't move to stop it more swiftly.
We're going to put that question to Robert Smith, correspondent for NPR's Planet Money. He joins us from New York. Robert, thanks for being with us.
Opposition activists in Syria report that there's been another day of heavy shelling in a number of cities, as rebel fighters continue their guerrilla war to topple President Bashar Assad. Host Scott Simon talks with NPR's Peter Kenyon in Beirut, which has seen a huge increase in refugees in recent days.
American flags are flying at half-staff today over the White House, and elsewhere in the country. The shootings in Aurora have silenced politics as usual - at least, for the moment. The Romney and Obama campaigns have both pulled their TV ads from the air in Colorado, a state that had three top political advertising markets in the country this week. NPR's Ari Shapiro reports on a somber day on the campaign trail.
Businesses in Aurora, Colo., sprang into action Friday to assist victims and their families. Kevin Hougen, president of the Aurora Chamber of Commerce, worked with businesses to help provide necessities to victims of the shooting. Host Scott Simon spoke with Hougen Friday from his office, which overlooks the movie theater.
This is WEEKEND EDITION from NPR News. I'm Scott Simon. And it's time now for sports.
(SOUNDBITE OF SPORTS THEME MUSIC)
SIMON: OK, maybe that should be the (hums Olympic theme) because in just a few days, all the pomp and patriotism, the grit and athleticism, the sweat and pomposity of the 2010 Olympic Summer Games begins. Here with a preview NPR's Tom Goldman joins us. Tom, thanks so much for being with us.
TOM GOLDMAN, BYLINE: Did I just hear doves released in the studio there, Scott?
The shocking shooting rampage at a movie theater in Aurora, Colo., early Friday continues to dominate the news. We followed it throughout the day (it's now 5 p.m. ET) and will pick it up again early Sunday. NPR.org, the NPR Newscast Desk, Weekend All Things Considered and Weekend Edition Sunday are on the story too. All of NPR's coverage is being collected here.
Here's what happened today, starting with a quick summary:
The presidential campaign of Republican Mitt Romney surged ahead of President Obama last month in fundraising efforts. While Obama continued to get more money from small donors, those who give $200 or less, Romney showed new strength there. Also, big donors have enabled Romney to quickly build a strong cash reserve.
At first glance, it seems that Obama has a nice cushion of cash. Obama for America, his campaign committee, reported almost $98 million cash-on-hand, compared to less than $23 million in the kitty at Romney for President.
Washington, D.C., has the highest rate of HIV infection in the nation, almost 3 percent. It's considered an epidemic. Health officials believe one way to halt the spread of the disease is to encourage people to get tested and "know their status." They hope this will encourage residents to seek treatment and reduce the chances of them passing on the virus.