5:09am

Fri July 13, 2012
Business

Uzbekistan Sets Up Rival To Facebook

Originally published on Fri July 13, 2012 11:04 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business comes from the Central Asian country of Uzbekistan, which by the way, won six medals in the last Olympics. But today's last word is about another kind of competition, this one between social networking sites. And the word is: YouFace. That's the name of a new social networking site that aims to lure local Internet users away from Facebook, and, quote, "boost patriotism among young people in Uzbekistan."

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5:09am

Fri July 13, 2012
Business

Team USA Predicted To Take The Most Medals

Originally published on Fri July 13, 2012 11:04 am

Transcript

STEVE INSKEEP, HOST:

Some future news now. The Olympics begin two weeks from today in London, and we can already tell you the likely big winners. China will take the most gold medals, followed by the U.S. and host country, Great Britain. Team USA will win the most overall medals, followed by China and Russia.

RENEE MONTAGNE, HOST:

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5:09am

Fri July 13, 2012
Business

JPMorgan To Reveal Earnings, Trading Losses

Originally published on Thu August 30, 2012 2:26 pm

Transcript

RENEE MONTAGNE, HOST:

And the biggest bank in the U.S., JPMorgan Chase, says it has lost $4.4 billion from its failed hedging strategy involving a secretive trader. That's more than twice the bank's earlier estimate. The company released its second-quarter earnings report this morning, and NPR's Jim Zarroli is with us now to talk about them. Jim, what is the company telling investors this morning about that money?

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3:22am

Fri July 13, 2012
StoryCorps

A Small Town's Post Office, And Its 'Squire'

Originally published on Tue July 17, 2012 10:17 am

Freddie Wood stands at the counter of the Wood & Swink general store in Evinston, Fla.
StoryCorps

This month, the U.S. Postal Service begins cutting back hours and services at rural post offices across the country. One store facing changes sits inside the Wood & Swink general store in the northern Florida town of Evinston. The store has been in Freddie Wood's family for more than 100 years. In that time, it's gone through only small changes.

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3:20am

Fri July 13, 2012
Crisis In The Housing Market

County Considers Eminent Domain As Foreclosure Fix

Originally published on Fri July 13, 2012 11:04 am

Half of San Bernardino County's 300,000 mortgages are underwater. In an attempt to ease the mortgage crisis, the Southern California county is considering taking control of some of those properties by eminent domain.
Robyn Beck AFP/Getty Images

County and city officials in San Bernardino, Calif., are considering a controversial plan: using the power of eminent domain to take over "underwater" mortgages, where the value of the home is worth less than the original loan. Taking on those properties, officials say, would allow the homeowners to refinance those troubled loans.

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3:20am

Fri July 13, 2012
Humans

In Ancient Ore. Dump, Clues To The First Americans?

Originally published on Tue July 17, 2012 10:16 am

Displayed in the hand of University of Oregon archaeologist Dennis Jenkins are three bases for western stemmed projectiles from the Paisley Caves in Oregon. The bases date to some 13,000 years ago.
Jim Barlow Science/AAAS

Some of the most interesting discoveries in archaeology come from sifting through ancient garbage dumps. Scientists working in Oregon have found one that has yielded what they say are the oldest human remains in the Americas and a puzzle about the earliest American tools.

Early Americans used Oregon's Paisley Caves for, among other things, a toilet. Little did they know that scientists would be picking through what they left behind.

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3:19am

Fri July 13, 2012
Planet Money

The European Central Bank's Guide to Influence

Originally published on Fri July 13, 2012 6:08 pm

European Central Bank president Mario Draghi, left, speaks with Spanish Finance Minister Luis De Guindos on Monday. The ECB has increased its influence over European countries struggling with debt.
Georges Gobet AFP/Getty Images

Europe is struggling, thanks to a relentless debt crisis. Compounding its problems: It is not one country, but 17.

Many observers agree that to solve their problems, those countries have to start looking a lot more like one country. And there is a force in Europe trying to make that happen: the European Central Bank. The weapon it has that everyone else lacks? Money.

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3:17am

Fri July 13, 2012
Presidential Race

Why Would Romney Bury Treasure In Bermuda?

Originally published on Fri July 13, 2012 11:04 am

The Thistle House in Hamilton, Bermuda, is listed as the address of Mitt Romney's Bermuda corporation.
David Welna NPR

New questions about Mitt Romney's overseas investments have dogged the GOP presidential contender all week. Many arose from a report in the latest issue of Vanity Fair. It describes how the day before Romney was sworn in as governor of Massachusetts, he put a corporation he'd set up in Bermuda in a blind trust held by his wife, Ann. Romney insists he did nothing wrong.

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7:29pm

Thu July 12, 2012
The Two-Way

Britain's National Archives Releases Documents Detailing Work Of 'UFO Desk'

Originally published on Thu July 12, 2012 8:42 pm

This picture titled "UFO near helicopter" was released by the National Archives.
The National Archives, U.K.

Britain's National Archives has released the ninth tranche of documents about the country's once secret "UFO desk."

According to The Guardian, the documents are the first to detail the inner workings of the team that operated under the country's Ministry of Defence.

The Guardian reports:

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6:44pm

Thu July 12, 2012
The Two-Way

From Our Readers On Dylan's Electric Guitar: 'That Is Chutzpah'

We told readers not to "get excited" in our headline about PBS' History Detectives potentially misidentifying a guitar from Bob Dylan's first electric performance. Our commenters took our advice, but they certainly showed some ire that the guitar, famous or not, would not have been returned to the artist in the first place.

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