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Asia
3:37 am
Tue May 1, 2012

China Suppresses Coverage Of Two News Stories

Originally published on Tue May 1, 2012 9:05 am

Two stories out of China — the escape of a blind dissident from house arrest and the corruption scandal involving a top politician and his family — have attracted international attention. But inside China, the picture is different. The government has successfully suppressed the story about the dissident, Chen Guangcheng, such that most Chinese have never even heard of him. The Communist Party has waged a smear campaign against the fallen official, Bo Xilai, whom citizens see as a loser in a power struggle, a corrupt politician or both.

Business
3:37 am
Tue May 1, 2012

Business News

Originally published on Tue May 1, 2012 6:23 am

The nation's second-largest bank is planning to layoff about 2,000 people at its investment banking, commercial banking and wealth management units, according to The Wall Street Journal. The cuts are notable because they include high earning employees in operations that account for most of Bank of America's profits since the financial crisis.

NPR Story
3:33 am
Tue May 1, 2012

Conflict Simmers Between Sunda, South Sudan

Originally published on Tue May 1, 2012 6:07 am

South Sudan is the country that voted to break away from Sudan. They've been jostling for control of border zones, including oil fields. And just as the two sides were sitting down to negotiate, fighting broke out.

NPR Story
3:33 am
Tue May 1, 2012

Companies Can Recovery From Bribery Scandals

Originally published on Tue May 1, 2012 5:47 am

Wal-Mart remains under a cloud after The New York Times reported the retailers expansion in Mexico involved systematic bribes. To get a sense of how that might play out, Steve Inskeep talks to Peter Solmssen, a managing board member and general counsel for Siemens. The German engineering and electronics conglomerate was involved in its own bribery scandal.

NPR Story
3:33 am
Tue May 1, 2012

Caring For Sick Or Elderly Is Tough On The Wallet

Credit Courtesy of Cheryl Matheis, AARP
Cheryl Matheis is senior vice president for policy at the AARP.

Originally published on Thu May 17, 2012 11:26 am

The average caregiver is 49 years old. Cheryl Matheis, senior vice president for policy at AARP, tells Steve Inskeep when a worker has to leave their job to care for a relative, they lose on average $325,000 in lifetime income — from lost wages, Social Security and pensions.

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Europe
2:07 am
Tue May 1, 2012

In French Election, Candidates Chase Far-Right Votes

Credit Philippe Huguen / AFP/Getty Images
A campaign poster for French President Nicolas Sarkozy stands next to a torn poster of National Front candidate Marine Le Pen in northern France. Sarkozy needs Le Pen's far-right voters if he is to win the runoff election on Sunday.

Originally published on Tue May 1, 2012 6:35 am

President Nicolas Sarkozy is fighting desperately to hold on to his job with five days to go until the French presidential runoff against socialist rival Francois Hollande.

Both candidates have been trying to appeal to supporters of France's far-right leader Marine Le Pen, who came in third place in the first round of balloting held last month. Sarkozy, from the center-right, finished in second place, with Socialist candidate Francois Hollande taking first with nearly 29 percent of the vote.

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Crisis In The Housing Market
2:05 am
Tue May 1, 2012

Some Housing Markets Rebound, But Bargains Scarce

Credit Chris Hondros / Getty Images
While some sections of Arizona's housing market have shown signs of recovery, potential homebuyers who are looking for affordable houses have been frustrated. This file photo from 2008 shows a subdivision extending into desert scrubland.

Originally published on Tue May 1, 2012 8:12 am

The real estate market has turned around in some parts of the U.S., but many buyers aren't seeing true bargains anymore. Investors are driving up prices, and inventory is low, especially for homes priced under $250,000. That's not great news for anyone hoping to buy an affordable house to live in.

Arizona is home to one of the nation's extraordinary turnarounds. The Phoenix-area median home price rose 20 percent over the past year — 6 percent in March alone. And Tucson was recently named the nation's best market for investors. But the easy money has already been made.

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National Security
2:04 am
Tue May 1, 2012

After Bin Laden, Al-Qaida Still Present As Movement

Credit AP
Thousands of Somalis gathered at a militant-organized demonstration on the outskirts of Mogadishu, Somalia, in support of the merger of the Somali militant group al-Shabab with al-Qaida, which was announced in February by al-Qaida leader Ayman al-Zawahiri.

Originally published on Tue May 1, 2012 7:16 am

A year ago Tuesday, Navy SEALs attacked Osama bin Laden's secret compound in Pakistan and may have fundamentally changed al-Qaida as we know it.

The Obama administration's top counterterrorism chief, John Brennan, spoke Monday in Washington, D.C., and seemed on the precipice of talking about the terrorist group in the past tense.

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Business
1:59 am
Tue May 1, 2012

N.H. To The Unemployed: Try An Unpaid Internship

Credit Sheryl Rich-Kern / for NPR
Electropac in Manchester, N.H., is among the companies participating in the state's unpaid internship program.

Originally published on Tue May 1, 2012 5:47 am

Electropac, a firm that makes printed circuit boards in New Hampshire, once had 500 paid employees. Today, it has 34. But thanks to a state program for the unemployed, it also now offers unpaid internships.

Across the country, unpaid internships are on the rise for older adults looking to change careers or rebound from layoffs. In New Hampshire, a state-run program encourages the unemployed to take six-week internships at companies with the hope of getting a permanent job.

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Business
1:57 am
Tue May 1, 2012

Discovering The True Cost Of At-Home Caregiving

Originally published on Wed May 23, 2012 9:51 am

Walk through any nursing home, and your first thought might be: "I need to take care of Mom myself."

Few people want to turn over a loved one to institutional care. No matter how good the nursing home, it may seem cold and impersonal — and very expensive. But making the choice to provide care yourself is fraught with financial risks and personal sacrifices.

Those who become full-time caregivers often look back and wish they had taken the time to better understand the financial position they would be getting themselves into.

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