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NPR Story
3:00 am
Tue March 20, 2012

Business News

Transcript

STEVE INSKEEP, HOST:

Italy's next step in a crisis is at the top of NPR's business news.

Italian prime minister Mario Monti is trying to restructure the economy so his country has a better shot at paying its debts. Today, he sits down to negotiate with the country's powerful trade union leaders. Monti hopes to weaken legal protections that make it almost impossible to fire employees. He blames these rules for slow economic growth and high unemployment in Italy.

Europe
3:00 am
Tue March 20, 2012

U.K. Considering Long-Term Bonds

Originally published on Tue March 20, 2012 7:31 am

Transcript

DAVID GREENE, HOST:

Now, one way governments raise money is by issuing bonds: you or your pension fund lend them the money, and they then pay a set amount of interest for a set amount of time, say 10 or 20 years. Well, Britain's finance minister, George Osborne, is reportedly ready to announce that the UK plans to issue a bond that only your great-grandchildren will be able to cash in. It matures in a hundred years.

Vicki Barker has this report from London.

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Author Interviews
2:49 am
Tue March 20, 2012

That's All, Folks: Kevin Smith On Leaving Filmmaking

Courtesy Penguin

Originally published on Tue March 20, 2012 9:40 am

When 21-year-old Kevin Smith decided he wanted to be a filmmaker, his sister gave him some advice: "Don't say you want to be a filmmaker; just be one." So he did. He made his first film, Clerks, on a shoestring, shooting at the convenience store where he worked.

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Election 2012
2:41 am
Tue March 20, 2012

For A Personal Cause, Casino Owner Bets On Gingrich

Sheldon Adelson speaks at the 2008 "Facing Tomorrow" Presidential Conference in Jerusalem.
David Silverman Getty Images

Originally published on Sun March 25, 2012 8:05 am

One of the defining elements of the 2012 presidential campaign is money. Not that the candidates themselves have raised all that much; except for President Obama, they haven't. But two dozen wealthy Americans have put in at least $1 million each.

Mostly, they're a mix of Wall Street financiers and entrepreneurs. One of the biggest donors is Sheldon Adelson, a casino magnate who is worth about $25 billion.

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NPR Story
8:05 am
Mon March 19, 2012

Apple To Buy Back Stock, Pay Dividend

Originally published on Mon March 19, 2012 8:06 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with Apple's giant pile of money.

(SOUNDBITE OF MUSIC)

INSKEEP: The maker of iPads, iPhones and computers is sitting on almost one hundred billion dollars in cash and securities. And today, Apple announced that it will spend some of that money paying a stock dividend to shareholders and buying back some company stock. NPR's Steve Henn has been following developments, and joins us on the line from Silicon Valley. Steve, good morning.

STEVE HENN, BYLINE: Good morning.

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