NPR News



Fri November 4, 2011
The Two-Way

Groupon: The Biggest Tech IPO Since Google

In its initial public offering, Groupon is selling about $700 million in stock. As The Wall Street Journal puts it that's "the biggest tech IPO of its kind since Google's stock-market debut."

If you're not familiar, Groupon is an Internet deals company. It for example, sells $50 worth of food at a restaurant for $25. It splits the profits with the restaurant on coupons redeemed and keeps the ones that customers don't use.

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Fri November 4, 2011

The Euro Crisis Puts Political Leaders At Risk

Greek Prime Minister George Papandreou, shown speaking at the parliament in Athens on Friday, is facing a no-confidence vote.
Louisa Gouliamaki AFP/Getty Images

George Papandreou is not the only European politician who is nervous about his job. Greek's prime minister wouldn't be the first leader to lose his position as a result of the ongoing euro crisis, and more are likely to follow.

Papandreou faces a vote of confidence on Friday, which could bring down his government. Even if he survives this test, he may not remain in power for long.

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Fri November 4, 2011
The Salt

From Nebraska Lab To McDonald's Tray: The McRib's Strange Journey

Originally published on Fri November 4, 2011 2:40 pm

Fast food giant McDonald's has brought back the McRib until Nov. 14. The sandwich has gained cult acclaim over the past three decades because of its limited availability.
Paul J. Richards AFP/Getty Images

Since McDonald's announced the seasonal revival of its popular McRib sandwich last month, there's been a round of reports about what's in the sandwich that have ranged from glib (on its 70 ingredients) to McFib (on the alleged inhumane treatment of the pigs that

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Fri November 4, 2011

In Bangkok, Residents' Anger Rises With Floodwaters

In Bangkok, floodwaters are rising in some parts of the city, leading to charges that the government is sacrificing the homes and businesses of the poor while protecting the rich . On the west side of Bangkok (shown here Nov. 1), areas are mostly submerged, while the opposite side of the Chao Phraya river is dry.
Alexander Widding Landov

Heavy monsoon rains that began two months ago in Thailand have killed more than 400 people and show no sign of abating as the floodwaters make their way south into the crowded capital, Bangkok.

Anxious residents have stripped store shelves bare of water, rice and other essentials as they wait. And tempers are flaring as some poorer residents complain that their homes and businesses are being sacrificed to protect more affluent and industrial areas closer to the city center.

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Fri November 4, 2011
The Two-Way

Rep. Gabrielle Giffords: 'I Will Return' To Congress

"I will get stronger. I will return" to Congress, Rep. Gabrielle Giffords, (D-Ariz.), vows in a new book she has written with her husband about the devastating injuries she received last Jan. 8 when a gunman opened fire during an event she was hosting in Tucson.

It's one of the surest signs yet that she intends to remain in politics and seek re-election next year.

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Fri November 4, 2011

Stores May Be Slow To Hire For The Holidays


The latest jobs report shows the U.S. economy is continuing to grow. But the pace is slow enough to suggest the holidays may not be very bright, especially for people seeking seasonal work.

Employers added a total of 80,000 jobs last month — about half the number needed to keep pace with population growth and begin pulling nearly 14 million job seekers back into the workplace.

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Fri November 4, 2011
Music Reviews

Julius Hemphill's 'Dogon A.D.' Still A Revelation 40 Years On

Originally published on Fri November 4, 2011 1:03 pm

Julius Hemphill's Dogon A.D.
Courtesy of the artist

Julius Hemphill's "Dogon A.D." — the 15-minute piece, and the album that's named for it — was one of the startling jazz recordings of the 1970s, a rethinking of possibilities open to the avant-garde. In the 1960s, free jazz was mostly loud and bashing, until some Chicagoans began playing a more open, quieter improvised music. That inspired St. Louis players like Hemphill, who also had ties to heartland rhythm-and-blues scenes. Hemphill's genius was to combine the Chicagoans' dramatically spare sound with a heavy backbeat. His new urban music smacked of old country blues.

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Fri November 4, 2011
Shots - Health Blog

Pumped-Up Hoodia Weight-Loss Claims Put Vacation House On Block

Hoodia gordonii plants like this one have been used by generations of bushmen in Southern Africa's Kalahari desert as an appetite suppressant. But the Federal Trade Commission isn't sold on that idea.
David Silverman Getty Images

Hoodia may not help you lose weight. But the supplement, derived from an African plant, may help you lose your vacation house, if you're marketing the stuff with claims that go too far in the eyes of regulators.

The Federal Trade Commission said it has reached a settlement with David J. Romeo and two companies he controlled that bans them from "making any weight-loss claims while marketing foods, drugs, and dietary supplements."

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Fri November 4, 2011

Ahoy Students! Cruise Ship Doubles As College Dorm

St. Mary's College of Maryland students were relocated to the 300-foot Sea Voyager after mold spores were discovered in two dorms.
J. Eric Elder via flickr

Students at St. Mary's College of Maryland are starting an impromptu semester at sea — sort of. They will live on a cruise ship that's docked in a river just off campus. The 300-foot Sea Voyager will serve as a floating residence hall because two dorms infested with mold spores were deemed uninhabitable.

Joseph Urgo is president of the small liberal arts college, which is on the western shore of the Chesapeake Bay in St. Mary's City. He says the floating residence hall on the St. Mary's River makes perfect sense for the college.

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Fri November 4, 2011
The Two-Way

VIDEO: After 520 Days, 'Astronauts' Emerge Following Fake Mars Mission

Fast-forward to about the 3-minute mark in this video if you want to see the moment when six men who had lived together in a mock spaceship for 18 months emerged today in Moscow.

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Fri November 4, 2011
It's All Politics

Poll: Cain Still Tied With Romney Despite Sex Harassment Claims

There's been anecdotal evidence, and certainly plenty of signs on social media, that many Republicans still say Herman Cain is their choice for president despite the revelation that the restaurant trade group he once headed paid monetary settlements to women who accused him of sexual harassment.

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Fri November 4, 2011
The Two-Way

Coming Up: Obama Holds News Conference In Cannes

President Obama held a news conference today in Cannes, France, where he and other leaders from the G-20 nations have wrapped up a two-day summit. We live-blogged as he spoke.

Update at 11:20 a.m. ET. On The President's Comments About GDP And The Economy Since He Took Office:

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Fri November 4, 2011
The Two-Way

Cain Allegations: The Latest Developments

Tuesday: Republican presidential candidate Herman Cain is surrounded by police, body guards, staff members and journalists on Capitol Hill.
Chip Somodevilla Getty Images

The It's All Politics blog is handling most of's coverage of the sexual harassment allegations against Republican presidential candidate Herman Cain — who has said the charges that stem from his time as head of the National Restaurant Association in the late 1990s are baseless.

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Fri November 4, 2011
Planet Money

32 Ways Of Looking At Unemployment, In One Chart

Originally published on Mon November 7, 2011 12:14 pm

Jacob Goldstein, Aly Hurt, and Jess Jiang NPR

The unemployment rate fell slightly to 9 percent in October, according to this morning's big jobs report. But this single number hides a huge variation among different groups.

For high school grads in their early 20s, for example, the unemployment rate is about 18 percent. For college grads in their 30s and 40s, the rate is under 5 percent.

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Fri November 4, 2011
NPR Story

Groupon Makes Market Debut

Originally published on Fri November 4, 2011 7:15 am

Shares of the daily deal company Groupon hit the Nasdaq stock exchange Friday after an IPO raised about $700 million. The company has been dogged by investor concerns over management and questions about its accounting methods.


Fri November 4, 2011


Fri November 4, 2011

MF Global CEO Steps Down

Originally published on Fri November 4, 2011 8:20 am



NPR's business news starts with Jon Corzine out of a job.


INSKEEP: The Wall Street veteran and former governor of New Jersey stepped down today from his latest high-powered job as chairman and CEO of the securities firm MF Global. That company filed for bankruptcy earlier this week.

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Fri November 4, 2011
The Two-Way

Unemployment Rate Dips To 9 Percent; 80,000 Jobs Added

The nation's unemployment rate ticked down to 9 percent in October from 9.1 percent in September, the Bureau of Labor Statistics just reported.

Meanwhile, there was a net gain of 80,000 jobs on public and private payrolls. Private-sector employment went up by 104,000 jobs. Government agencies reduced their payrolls by 20,000.

We'll have more from the report shortly.

Update at 8:40 a.m. ET. More Details:

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Fri November 4, 2011
The Two-Way

Corzine Resigns From MF Global

Originally published on Fri November 4, 2011 1:42 pm

Jon Corzine.
Rich Schultz AP
(A new top and some other material were added to this post at 11:50 a.m. ET.)

Jon Corzine is now the unofficial "poster child of the times" and the "fall guy" that all those who blame Wall Street for much of the nation's economic troubles can point to, Reuters columnists Antony Currie and Jeffrey Goldfarb write.

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Fri November 4, 2011
The Two-Way

Pakistan: 'The Ally From Hell' That Hides Its Nukes From The U.S.

On the Afghan side of the border with Pakistan, a U.S. soldier stood guard last month as a boy walked by in Nangarhar province.
Tauseef Mustafa AFP/Getty Images

The headlines this morning on the websites of The Atlantic and National Journal certainly grab your attention:

-- "The Ally From Hell." (The Atlantic)

-- "The Pentagon's Secret Plans To Secure Pakistan's Nuclear Arsenal." (National Journal)

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