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6:28 am
Thu January 19, 2012

So, Um, What Is A Private Equity Firm?

Credit David L. Ryan / Boston Globe via Getty Images
Before entering politics in the 1990s, Romney co-founded Bain Capital, one of the nation's largest and most profitable private equity funds.

Originally published on Thu January 19, 2012 2:57 pm

In the run-up to Saturday's GOP presidential primary in South Carolina, candidates have clashed over the role of Bain Capital — a firm that either creates or kills jobs, depending upon whom you believe.

Front-runner Mitt Romney sees the bright side. Before entering politics in the 1990s, he co-founded Boston-based Bain Capital, one of the nation's largest and most profitable private equity funds. He has said he created 100,000 jobs while at Bain.

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The Two-Way
6:25 am
Thu January 19, 2012

Kodak Calls Bankruptcy Filing 'Necessary Step'

Credit Guy Solimano / Getty Images
Eastman Kodak Co.'s corporate headquarters in Rochester, N.Y.

Originally published on Thu January 19, 2012 6:36 am

"Running short of cash and unable to sell 1,100 digital imaging patents that could have rescued it," as Rochester's Democrat and Chronicle writes, Eastman Kodak Co. today took the long-expected but still painful step of filing for Chapter 11 bankruptcy protection.

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Around the Nation
6:06 am
Thu January 19, 2012

Twitter Fills The Gap When Wikipedia Went Black

Originally published on Thu January 19, 2012 9:36 am

Transcript

RENEE MONTAGNE, HOST:

Good morning. I'm Renee Montagne, hoping you made it through a day without Wikipedia. The site was shut down yesterday to protest anti-piracy bills in Congress. Good thing Twitter was there to fill the encyclopedic void. Facts without Wikipedia became a trending topic, informing readers that "Star Wars" was based on the work of Shakespeare, Sweden changed the colors of its flag to yellow and blue after the success of IKEA, and bacon is good for you. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

Around the Nation
5:59 am
Thu January 19, 2012

Pregnant Woman Delivers Baby In Stuck Elevator

Katie Thacker of Tacoma, Washington, was in labor when she stepped into an elevator at St. Joseph Medical Center. On the way to the maternity ward, the elevator got stuck. She left the elevator with a baby named Blake.

The Two-Way
5:55 am
Thu January 19, 2012

Report: Iowa Recount Puts Santorum Ahead By 34 Votes, Result 'Unresolved'

Credit Charles Dharapa/pool / Getty Images
Republican presidential candidates Rick Santorum (left) and Mitt Romney during a debate in South Carolina on Monday.

Rick Santorum has ended up 34 votes ahead of Mitt Romney after a recount of the results from the Jan. 3 Iowa Republican presidential caucuses, The Des Moines Register is reporting.

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