NPR Topics: NewsNPR news, audio, and news podcasts. Coverage of breaking stories, national and world news, politics, business, science, technology, and extended coverage of major national and world events.Ike Forces Historic Recovery Efforts In Texas- September 16, 2008 Hurricane Ike delivered a tremendous beating to the Gulf area, but now Texas faces the biggest recovery effort in state history. The Rev. Rudy Rasmus and Univision correspondent Fernando Pizarro discuss how everyday people of Houston are dealing with the devastation of the storm.http://www.npr.org/templates/story/story.php?storyId=94661941&ft=1&f=1001 McCain Blasts Wall Street For Financial Woes- September 16, 2008 Republican John McCain berated Wall Street, a day after he said the fundamentals of the economy were still strong despite the economic troubles. Campaigning with his running mate, Alaska Gov. Sarah Palin, he said regulation needs to be streamlined.http://www.npr.org/templates/story/story.php?storyId=94680771&ft=1&f=1001 FDA Weighs Safety Of Bisphenol A- September 16, 2008 A new study says people with high amounts of bisphenol A in their urine were more than twice as likely to be diagnosed with diabetes or heart disease. The study's author was at a Food and Drug Administration meeting Tuesday on BPA's safety.http://www.npr.org/templates/story/story.php?storyId=94680753&ft=1&f=1001 Oil Prices Continue Decline Toward $90- September 16, 2008 Oil prices are continuing to fall, tumbling below $92 per barrel. In July, they stood at $147. Daniel Yergin, chairman of Cambridge Energy Research Associates, says two factors are at play: the short-term financial crisis and a gloomier outlook on the world economy.http://www.npr.org/templates/story/story.php?storyId=94680736&ft=1&f=1001 U.S. Scrambles To Find Solution To AIG's Woes- September 16, 2008 Federal officials are working overtime in order to save American Insurance Group. The Federal Reserve and the Treasury Department say they are seeking a private-sector solution, but it is being asked if there will be another government-sponsored bailout.http://www.npr.org/templates/story/story.php?storyId=94680733&ft=1&f=1001 Gen. Petraeus Ends Time In Iraq With Handover- September 16, 2008 Gen. David Petraeus has handed over control of U.S. forces in Iraq to his longtime deputy, and headed back home where he will take charge of U.S. Central Command, with responsibility for the wars in both Iraq and Afghanistan.http://www.npr.org/templates/story/story.php?storyId=94680741&ft=1&f=1001 Fed Keeps Key Interest Rate Unchanged- September 16, 2008 The Federal Reserve kept its target for the federal funds rate, the interest that banks charge on overnight loans, unchanged at 2 percent. It said, however, that strains in financial markets had "increased significantly."http://www.npr.org/templates/story/story.php?storyId=94680756&ft=1&f=1001 Bank Of America's Ken Lewis Takes Biggest Risk Yet- September 16, 2008 In his seven-year tenure at the helm of Bank of America, Ken Lewis has made many big buys: FleetBoston, MBNA, LaSalle and Countrywide — to name a few. But none quite matches the risk, expense and scope of the Merrill Lynch deal.http://www.npr.org/templates/story/story.php?storyId=94677358&ft=1&f=1001 Did Greed Cause Markets To Tumble- September 16, 2008 After the huge drop in the U.S. market Monday, markets in Europe and Asia tumbled as well. A former analyst for Merrill Lynch breaks down what he sees as a culture of greed on Wall Street. Then, Slate.com's Jim Ledbetter discusses why he thinks the government should have bailed out Lehman Brothers.http://www.npr.org/templates/story/story.php?storyId=94667073&ft=1&f=1001 Can AIG Raise $74B In One Day- September 16, 2008 Wall Street is closely watching global insurance giant AIG for signs of collapse. The firm's shares have tumbled this week and it will need to raise nearly $75 billion Tuesday to avert bankruptcy.http://www.npr.org/templates/story/story.php?storyId=94667084&ft=1&f=1001 |