NPR's business news starts with the Fed in the spotlight.
U.S. stocks rallied yesterday largely on a belief among investors that the Federal Reserve will take further action to stimulate the economy. The Fed concludes a two-day meeting around noon today. Afterwards, Chairman Ben Bernanke will hold a news conference to explain the Fed's strategy.
As NPR's John Ydstie reports, there are several things the Fed could do to try to boost growth, but whether they'd be effective is debatable.
Now, to policy making with some fizz. The mayor of Cambridge, Massachusetts, has proposed limiting the size of sodas and sweetened drinks that can be sold in the city.
Henrietta Davis said she was inspired by the mayor of New York. Michael Bloomberg has proposed a ban on sales of oversized sugary drinks in his city's restaurants. Mayor Davis says soda is a factor behind increasing obesity and heart disease among young people.
Now, for a global perspective on our national weight problem. The number of humans on the planet is now more than seven billion. And our total weight is 287 million tons. That number comes from a new study that suggests weight, not just headcount, should be considered when looking at the impact of people on the planet.
To find out more, we called Ian Roberts. He's a professor at the London School of Hygiene & Tropical Medicine, and is the lead author of this study.
Leaders of the world's biggest economies wrapped up the G-20 summit in Mexico Tuesday with a promise to work together to promote jobs. The meeting comes amid worrisome signs of slowing growth in the United States and elsewhere.
And our last word in business is: supersized couch potato.
This week, Japanese electronics maker Sharp unveiled what it's calling the biggest LED TV on the planet. The 90-inch set has WiFi built in and you can buy it with a webcam option. You could, say, Skype with 50 people at once and see all their faces.
LINDA WERTHEIMER, HOST:
Of course, you would need a lot of wall space and a fat wallet. It cost $11,000.
That's the business news on MORNING EDITION. I'm Linda Wertheimer.
Geologists have noticed a remarkable increase in the number of small earthquakes in the U.S. They suspect the cause to be waste water wells. That's where polluted water from industrial processes is pumped deep underground. Now, none of the quakes have caused serious damage. But as NPR's Christopher Joyce reports, the seismic spike casts doubt on plans to bury underground all sorts of unwanted stuff.
The State Department on Tuesday cited abuses in Thailand's huge fishing industry as part of an annual worldwide report on Trafficking in Persons. The report noted that men from Cambodia and Myanmar, also known as Burma, are trafficked aboard Thai ships and forced to work against their will. They include men like Vannak Prum, a Cambodian who spent three years on such a boat. Prum was among those honored at the State Department on Tuesday.
There hasn't been a school strike in Chicago for 25 years. But the current contract between Chicago teachers and the Chicago Public Schools expires at the end of next week, and tensions between the teachers union, the school district and Mayor Rahm Emanuel are ratcheting higher.
Chicago Teachers Union members outmaneuvered the mayor, school officials and anti-union education groups by overwhelmingly approving a measure that allows teachers to strike if contract negotiations fall flat.