The American ambassador to the United Nations is visiting Central African Republic today. Before becoming a diplomat, Samantha Power was a journalist who wrote about stopping genocide. And now she is visiting a country where there's fear of one. Fighting between Muslims and Christians has killed nearly 1,000 people. NPR's Michele Kelemen is traveling with Ambassador Power. She's on the line. Hi, Michele.
MICHELE KELEMEN, BYLINE: Hi, Steve.
INSKEEP: Where are you now, and what have you seen?
NPR's business news starts with Target customers targeted.
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INSKEEP: This is the story of a recent cyber-attack on Target customers around the country, which is now under investigation by the giant retailer. Over 1,500 stores may have been compromised, and at least one million customers. It's being described as one of the largest retail breaches to date. The credit card data was apparently stolen with software installed on the machines customers use to swipe their cards.
If you ever fly, you've heard it countless times: You cannot use your cellphone while en route to your destination. Federal rules will not allow it. That could change now, as the FCC considers relaxing those rules. But in advance of that decision yesterday, Delta Airlines said it plans to remain committed to high altitude quiet time.
It's MORNING EDITION, from NPR News. I'm Steve Inskeep.
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And I'm David Greene. Despite some very loud grumbling, both chambers of Congress have approved a two-year federal budget plan. This drops the odds of a federal government shutdown early next year, but it certainly does not end the debate over federal spending.
INSKEEP: NPR's Tamara Keith is on the line this morning to talk about one figure from the agreement, which suggests the scale of budget fights ahead. And Tamara, what's the figure?
This is WEEKEND EDITION from NPR News. I'm Jennifer Ludden. A scandal at a Baltimore jail this year prompted Maryland to review procedures that all of its state and local detention centers. Dozens of correction officers and others are accused of conspiring with gang members in the jail, smuggling in drugs, even having sex with inmates.
GOVERNOR MARTIN O'MALLEY: I share the public's revulsion at these allegations and we have a zero tolerance policy towards corruption of any kind.
The two-year budget deal approved by the Senate on Wednesday is aimed at preventing another government shutdown.
It also includes a familiar annual rider — language to avert a steep pay cut to doctors who treat Medicare patients. But this time might be different, with a fix that lasts. After more than a decade of temporary solutions, it appears Congress might be on the verge of permanently solving its persistent problem in the way it makes Medicare payments to doctors.
"Dear Father Christmas," the letter reads, "my name is Larissa. I know that you are very busy and that you live a long way away in the North Pole, but I'd like to ask you for a gift because my mother doesn't have enough money to buy what I want."
There are piles of similar letters — many decorated with stickers, drawings and hand prints — lying on makeshift tables in the main hall of the post office in downtown Sao Paulo.
Not in North America, necessarily, but "you can't keep fur in stock in Russia," says furrier Greg Tinder. "The higher the price tag you put on it, the faster it sells."
Tinder, who left Saks Fifth Avenue to start his own label, says the East has always been a furrier's dream — think big, plushy Soviet-era hats. But now, with Russia's economy on the rise, there's some new money on the block, and designers know that.
Washington Irving High used to be a large school of 4,000 students. But today, the elegant, century-old building, its walls painted with murals depicting scenes from New York history, is home to seven separate schools.
The changes at this school, near the hustle and bustle of Manhattan's Union Square, offer a window into the imprint outgoing New York City Mayor Michael Bloomberg has made on the city's public school system.
In the past five years, the Federal Reserve has created roughly $3 trillion out of thin air.
The Fed uses the money it creates out of thin air to buy bonds. The idea is to drive down interest rates, which encourages people and businesses to borrow and spend money. It's called quantitative easing.
Originally published on Wed December 18, 2013 4:42 pm
Michael Steinberg, a top portfolio manager at SAC Capital Advisors, has been found guilty of insider trading — the latest conviction stemming from a years-long federal investigation into the hedge fund's activities.
Steinberg was found guilty on five counts of conspiracy and securities fraud.
"Prosecutors said he traded on confidential information that was passed to him by an employee, who later admitted to swapping illegal tips with friends at other firms."