The biggest scandal in the world right now has nothing to do with sex or celebrities. It's about an interest rate called LIBOR, or the London Interbank Offered Rate.
Most Americans probably never heard of LIBOR. When I first moved to New York, I hadn't. Back then, I could barely afford my apartment and got an adjustable rate mortgage. And so I wondered: When my rate adjusts, how will I know how much I'll be paying?
I searched through all the documents and it was right there — LIBOR. I would be paying a few percentage points above whatever LIBOR was.
It is definitely wrong to hit and run, but it's a little impressive that a high school student was hit and kept running. Anaheim, California police say a high school cross country team was running when a turning car whacked one of the runners. The young woman was apparently determined, because she got backed up and ran away. The driver called after her to stop, stayed where he was and called police. The runner was eventually treated and suffered only minor injuries.
Good morning. I'm Linda Wertheimer. To kick her 10-year habit, Tori is leaving home for a small island - theoretically, a no-smoking island. Home is an Indonesian zoo. Tori is an orangutan. The Guardian reports she learned to smoke imitating visitors who tossed cigarette butts into her cage. Her non-smoking orangutan roommate does what he can, stamping out burning butts before she can get to them. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.
Three weeks from today, the 2012 London Summer Olympics begin. London will show off its cathedrals and castles, it's parliament and palaces, all that is splendid in one of the world's greatest cities. There is a seedy side of London, however, one that Olympic organizers presumably will not present. That is where we'll be going today with this encore presentation from our Crime in the City series.
Mystery writer Mark Billingham took reporter Vicki Barker to some of the places that inspired his dark twisted thrillers.
And today's last word in business takes us to London, where Europe's new tallest building has been inaugurated. It's called the Shard. Maybe that's because it sort of looks like a giant shard of glass, 1,016 feet tall. It stands out in a city with a relatively low skyline. It towers over the Tower of London, and the Shard brings many metaphors to mind.
Newspapers acknowledged publishing dozens of items in print or online from outsourcing firm Journatic that appeared under fake bylines. The Chicago Tribune, for example, said the matter is under investigation. But the newspaper's corporate parent, the Tribune Co., is a new investor in Journatic.
A screenshot of the Journatic website, announcing the company's deal with the Tribune Co.
Major newspapers in Chicago, Houston and San Francisco are among those this week that have acknowledged they published dozens of items in print or online that appeared under fake bylines.
As was first disclosed by the public radio program This American Life, the items in question were not written by reporters on the staffs of the papers at all but by employees of what is effectively a news outsourcing firm called Journatic.
A growing number of cities want to tackle the problem of homelessness by outlawing what are known as "acts of daily living" — sleeping, eating and panhandling in public. In Philadelphia, a new rule is targeting not the homeless but those who feed them.
When Philadelphia Mayor Michael Nutter announced the ban on serving food in public parks last March, he said moving such services indoors was part of an effort to raise standards for the homeless.
Coral polyps feed in the plankton-rich waters by Santa Catalina, Panama. A new study of coral reefs off the Pacific coast of Panama shows that dead coral reefs may be able to recover from rising ocean temperatures and other environmental disasters.
Credit Romeo Gacad / AFP/Getty Images
Fish swim by a colorful variety of coral near Indonesia's Komodo island.
Coral reefs may be able to recover from disaster, according to a study that provides a bit of reassurance about the future of these endangered ecosystems.
Coral reefs around the world are at risk as the ocean's temperature continues to rise. Those trends could kill not only coral but also the fish and other species that depend on the reefs. Those reefs are important for people as well.
Zachariah Fike has an unusual hobby. The Vermont Army National Guard captain finds old military medals for sale in antique stores and on the Internet. But unlike most memorabilia collectors, Zac doesn't keep the medals for himself.
Instead, he tracks down the medals' rightful owners, and returns them.
His effort to reunite families with lost medals all began with a Christmas gift from his mother — a Purple Heart, found in an antique shop and engraved with the name Corrado A.G. Piccoli.