Economy
3:00 am
Thu November 3, 2011

Italy's Debt Weighs On Europe

Italian Prime Minister Silvio Berlusconi made a number of promises to fellow leaders of the eurozone countries at a summit meeting in October. Now Italy's economy is starting to become a growing concern for European Union leaders and financial markets.

Economy
3:00 am
Thu November 3, 2011

China Warily Eyes E.U. Bailout

Originally published on Thu November 3, 2011 6:54 am

Transcript

STEVE INSKEEP, HOST:

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

RENEE MONTAGNE, HOST:

And I'm Renee Montagne. To understand the European debt crisis, it helps to keep track of both the short-term and the long-term. In the short-term, Europeans have agreed on a bailout deal that among other things would cut the debts of Greece. It's being held up by the Greek prime minister's plan to hold a referendum on austerity measures. Europeans have told Greece it's got to decide soon if it wants to be part of the eurozone or not.

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Business
3:00 am
Thu November 3, 2011

Last Word

America's original discount store has filed for federal bankruptcy protection and plans to close its 46 stores. This isn't the first time the company has filed for bankruptcy, but it appears to be its last. The company cited increased competition from department stores, private-label discounters and the economic downturn.

Business
3:00 am
Thu November 3, 2011

Troubled First Solar, Inc. To Announce Earnings

Originally published on Thu November 3, 2011 6:54 am

Transcript

RENEE MONTAGNE, HOST:

First Solar, viewed as the golden child of the solar industry, hold its quarterly call today with nervous investors. They're on edge because the Arizona-based company announced a CEO shake-up late last month and have said almost nothing publically since then. From member station KJZZ in Phoenix, Peter O'Dowd reports.

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Business
3:00 am
Thu November 3, 2011

Business News

Originally published on Thu November 3, 2011 6:54 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news begins with a bleaker forecast from the Fed. Just when we were beginning to hear some more positive economic news, the Federal Reserve reminds us not to get too excited. It's predicting slower growth and less improvement in the unemployment rate through 2013 than previously expected. This news comes after a two-day meeting of the Fed's policy-making committee, in which it decided against taking new measures to stimulate the economy for now.

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Around the Nation
3:00 am
Thu November 3, 2011

New York Town Takes Up Fracking Issue

Some towns in New York are rushing to ban horizontal hydrofracking, a controversial technique for capturing natural gas trapped deep under ground. The state itself has yet to approve fracking, but Dryden, N.Y., isn't taking any chances. Town supervisors approved a ban based on local zoning. David Chanatry of the New York Reporting Project at Utica College reports, the Dryden's ban is the issue in next week's town board elections.

Politics
3:00 am
Thu November 3, 2011

N.C. School Board Race Makes National Waves

Originally published on Tue November 8, 2011 7:01 am

Transcript

RENEE MONTAGNE, HOST:

We're going to hear now about a very small race that's making big political waves. The race is for the school board of Wake County, North Carolina. It comes after a policy using family income to create economic diversity in the schools was tossed out by a Republican school board in 2009. This Tuesday, a runoff election for one seat on the board may put the Democrats back in the majority. Dave DeWitt of North Carolina Public Radio reports the school board race is attracting national attention and big money.

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World
3:00 am
Thu November 3, 2011

Infamous Arms Dealer Faces Life In Prison

Russian arms dealer Viktor Bout was found guilty of conspiring to sell weapons to South American terrorists Wednesday. Host Renee Montagne talks to Michael Sullivan about the conviction of the so-called "Merchant of Death."

Economy
3:00 am
Thu November 3, 2011

Harvard Economics Students Protest Perceived Bias

Originally published on Thu November 3, 2011 12:22 pm

Transcript

STEVE INSKEEP, HOST:

Students at Harvard, yesterday, joined protests against income inequality.

UNIDENTIFIED WOMAN: Over the past 30 years...

GROUP: Over the past 30 years...

UNIDENTIFIED WOMAN: ...income inequality has risen...

GROUP: ...income inequality has risen...

UNIDENTIFIED WOMAN: ...to unacceptable levels.

GROUP: ...to unacceptable levels.

INSKEEP: Some students walked out of Economics 10 taught by a former advisor to President George W. Bush. The protestors included freshman Amanda Bradley.

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Around the Nation
3:00 am
Thu November 3, 2011

Protesters Clash With Police In Oakland

About 3,000 people gathered at the Port of Oakland Wednesday, and effectively shut it down. People flooded the port area and blocked exits. The protest remained largely peaceful until the late evening, when police responded to a bonfire.

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