NPR News

Pages

NPR Story
3:34 am
Wed April 25, 2012

Are Bribes The Norm In Mexico's Business Culture?

Originally published on Wed April 25, 2012 7:42 am

Transcript

STEVE INSKEEP, HOST:

Wal-Mart's stock price has fallen sharply this week. That comes after The New York Times reported that the retailer's rapid growth in Mexico involved systematic bribery. Stock prices have also fallen for Wal-Mart's Mexico subsidiary Walmex.

This negative reaction came, even though financial journalist Eduardo Garcia in Mexico City, says bribery is a normal part of business in Mexico.

Was anybody in the business community in Mexico surprised to hear these allegations against Wal-Mart?

Read more
NPR Story
3:34 am
Wed April 25, 2012

Fitch Upgrades Ford's Junk Status

Originally published on Wed April 25, 2012 7:10 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

After all the reports about massive debts and credit downgrades, we have a story this morning of a credit upgrade. The ratings agency Fitch upgraded Ford.

INSKEEP: The company was at junk bond status, meaning a loan to Ford was considered a major gamble. Now, it's been moved to investment grade, the lowest investment rating: BBB minus.

Read more
Economy
2:05 am
Wed April 25, 2012

Fed Chief Bernanke To Discuss Sluggish Economy

Federal Reserve Chairman Ben Bernanke has issued cautions about the economy.
Jim Watson AFP/Getty Images

Originally published on Wed April 25, 2012 7:34 am

Policymakers at the Federal Reserve wrap up a two-day meeting Wednesday and will explain what they plan to do about interest rates. The consensus seems to be they'll keep short-term rates near zero to help support the lagging economy.

Read more
Sweetness And Light
2:03 am
Wed April 25, 2012

U.S. Women In Golf, Tennis: Where Are You?

Yani Tseng of Taiwan hits a bunker shot to the ninth green during the second round of the LPGA LOTTE Championship at the Ko Olina Golf Club in Kapolei, Hawaii.
Jeff Gross Getty Images

Originally published on Wed April 25, 2012 7:10 am

Here's today's sports question: Who are Victoria Azarenka and Yani Tseng?

Give up? Well, they only happen to be the No. 1 women's tennis player and golfer in the world. If you don't know them, you're obviously a sexist fantasy football zealot.

No, no, I'll give you a pass.

Read more
Around the Nation
2:03 am
Wed April 25, 2012

Holder Vows 'Zero Tolerance' To Human Trafficking

U.S. Attorney General Eric Holder said human trafficking will not be tolerated in the U.S. during a speech at the Clinton School of Public Service in Little Rock, Ark., on Tuesday.
Danny Johnston AP

Originally published on Wed April 25, 2012 7:13 am

Forced labor and underage prostitution are hiding in plain sight in cities all over the U.S. and are no longer problems confined to the developing world, according to Attorney General Eric Holder.

In a major speech on human trafficking Tuesday in Little Rock, Ark., Holder said far too many reports of abuse cross his desk each week, more than 40 percent of them involving children.

Read more

Pages