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NPR Story
3:34 am
Fri July 20, 2012

The Last Word In Business

Originally published on Fri July 20, 2012 1:42 pm

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: Sylvia - Sylvia Woods, the name behind soul food haven Sylvia's.

RENEE MONTAGNE, HOST:

It's a restaurant, and for many, it's much more. The Harlem institution has been around for half a century, but it will never be the same because yesterday, Sylvia Woods died at the age of 86, on the same day New York Mayor Michael Bloomberg was due to celebrate her legacy.

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NPR Story
3:34 am
Fri July 20, 2012

Business News

Originally published on Fri July 20, 2012 1:42 pm

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a recall from Ford.

(SOUNDBITE OF MUSIC)

MONTAGNE: A recall from Ford Motor Company comes with a strong and unusual message. If you own a certain 2013 model of the Ford Escape, the company says stop driving it. Ford issued this warning yesterday and said dealers will come pick up the SUVs from owners and drop off a loaner car.

Planet Money
2:44 am
Fri July 20, 2012

Public Pensions Are About To Look Less Healthy

Originally published on Sat July 21, 2012 10:06 am

The health of public pension plans — the retirement plans for teachers, firefighters, police officers and other state and local governments — has gotten plenty of attention lately.

Some plans are hurting, and numbers from state and local governments suggest their public pension plans are underfunded by about $1 trillion.

But that gap between what they owe and what they have on hand today is about to look bigger — much bigger, in some cases.

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The Veepstakes
2:41 am
Fri July 20, 2012

Jindal's Story Intrigues, But Can It Get Him A VP Nod?

Louisiana Gov. Bobby Jindal speaks during the 2011 Republican Leadership Conference in New Orleans.
Justin Sullivan Getty Images

Originally published on Fri July 20, 2012 1:42 pm

Mention Louisiana Gov. Bobby Jindal, and a lot of people still remember his 2009 Republican response to President Obama's first address to Congress. In a voice often compared to Kenneth the Page on 30 Rock, Jindal addressed viewers across the nation as if they were primary school students.

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U.S.
2:40 am
Fri July 20, 2012

Rain Over Texas Quenches Dry Lone Star State

Pedestrians stand along the River Walk in San Antonio, Texas, in May. The state has gotten a reprieve from more than a year of drought.
Eric Gay AP

Originally published on Fri July 20, 2012 1:42 pm

While severe drought is taking hold in the Midwest, Texas is doing better. At this time last year, the state was on fire, crops were desiccated in the field and livestock were slowly starving. But recent rains have almost ended more than a year of record drought.

"If you look at the way we were thinking and feeling on the last July 16, that was desperation. That was despair," says Gene Hall, public relations director for the Texas Farm Bureau.

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