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The Two-Way
6:03 am
Thu May 17, 2012

As Feared, JPMorgan's Losses Are Growing; Reportedly At $3 Billion

Timothy A. Clary AFP/Getty Images

The word on Monday that JPMorgan Chase's losses from risky trades that went wrong could climb from $2 billion to perhaps as high as $4 billion in coming quarters is being bolstered this morning.

There's this report from The New York Times' Deal Book blog:

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Around the Nation
5:58 am
Thu May 17, 2012

Student Discovers Mastodon Tooth In His Backyard

An Oklahoma teacher asked her fifth graders to each bring in a rock. One student brought in a stone that looked like a tooth. It turns out it was a tooth, according to the Muskogee Daily Phoenix. The tooth may up to 40 million years old.

Around the Nation
5:58 am
Thu May 17, 2012

Director John Waters Hitches A Ride With Indie Band

The Baltimore legend is known for his pencil-thin mustache, and for movies like Hairspray. He's said in interviews he enjoys hitchhiking. Recently, the band Here We Go Magic tweeted photos of him in their van.

Business
5:58 am
Thu May 17, 2012

Skechers To Settle FTC Complaint

The Federal Trade Commission has announced that Skechers will pay more than $40 million to settle charges that the company made unfounded claims about its shape-up shoes. The FTC says the marketing was deceptive.

Author Interviews
5:32 am
Thu May 17, 2012

'Patriot Of Persia' Revisits 1953 CIA Coup In Iran

Originally published on Thu May 17, 2012 5:58 am

Morning Edition's Steve Inskeep talks to journalist Christopher de Bellaigue about his book Patriot of Persia: Muhammad Mossadegh and a Tragic Anglo-American Coup.

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