Morning Edition

Monday- Friday, 4:00- 9:00am
Renee Montagne and Steve Inskeep and Tri States Public Radio's Jim Lenz

Waking up is hard to do, but it's easier with NPR's Morning Edition. Hosts Renée Montagne and Steve Inskeep bring the day's stories and news to radio listeners on the go. Steve and Renee interview newsmakers from politicians, to academics, to filmmakers, Morning Edition provides news in context, airs thoughtful ideas and commentary, and reviews important new music, books, and events in the arts. All with voices and sounds that invite listeners to experience the stories. Morning Edition is a world of ideas tailored to fit into your busy life.

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Business
3:48 am
Fri May 18, 2012

The Last Word In Business

Originally published on Fri May 18, 2012 3:49 pm

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: free flight - to somewhere less exotic than Nepal.

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Afghanistan
3:48 am
Fri May 18, 2012

NATO Summit To Reaffirm Afghan Commitment

Originally published on Fri May 18, 2012 3:49 pm

Transcript

DAVID GREENE, HOST:

All right. As protestors make their preparations outside, inside the NATO summit, there's an expectation that leaders will showcase a unified, long-term commitment to Afghanistan after the 2014 troop drawdown. The United States already signed a strategic security pact with Afghanistan, pledging support for that country until 2024. The Obama administration hopes to convince other countries at the summit to do the same, but as NPR's Jackie Northam reports, it could be a hard sell.

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Asia
3:48 am
Fri May 18, 2012

A Preview Of Next Week's Mongolia Series

Originally published on Fri May 18, 2012 3:49 pm

Transcript

STEVE INSKEEP, HOST:

Let's get a sneak preview, now, of a coming attraction.

(SOUNDBITE OF SONG, "BELOVED OTTER-COLORED HORSE")

INSKEEP: Mongolia is the land of Genghis Khan and nomadic herders.

(SOUNDBITE OF SHEEP)

INSKEEP: And it's also now riding a mining boom.

(SOUNDBITE OF INDUSTRIAL CRASH AND HORNS)

INSKEEP: All next week, NPR's Frank Langfitt takes us to Mongolia where the rush to extract mineral resources is transforming a nomadic culture.

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Business
3:48 am
Fri May 18, 2012

Hewlett-Packard Set To Layoff 30,000 People

Originally published on Fri May 18, 2012 3:49 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with layoffs at HP.

(SOUNDBITE OF MUSIC)

INSKEEP: Technology giant Hewlett-Packard is poised to eliminate as many as 30,000 jobs worldwide. These cuts, though, will reportedly spare China - the company's largest source of growth, as well as its research and development divisions.

NPR's Wendy Kaufman reports.

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Business
3:48 am
Fri May 18, 2012

Did Bank's Culture Lead To JPMorgan's Big Loss?

Originally published on Fri May 18, 2012 3:49 pm

Transcript

DAVID GREENE, HOST:

The head of JPMorgan Chase, Jamie Dimon, has gotten an invitation to testify in front of the Senate Banking Committee about his bank's recent trading loss of at least $2 billion.

STEVE INSKEEP, HOST:

Dimon is very much the public face of his firm. In a Wall Street culture where banks are defined as much by the executives who run them is by the assets they hold. So, what kind of culture led to the multibillion dollar losses at JPMorgan Chase?

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NPR Story
3:34 am
Fri May 18, 2012

Romney Starts To Close Funding Gap With Obama

Originally published on Fri May 18, 2012 3:49 pm

Transcript

STEVE INSKEEP, HOST:

Now let's talk about the money the campaigns themselves raise. All through the Republican primaries, President Obama's campaign raised far more money than Mitt Romney's campaign. But now the money gap is narrowing, as NPR's Peter Overby reports.

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NPR Story
3:34 am
Fri May 18, 2012

Proposed Obama-Wright Campaign Ad Abandoned

Originally published on Fri May 18, 2012 3:49 pm

Mitt Romney is disavowing a plan by some wealthy Republicans to attack President Obama for ties to his controversial former pastor. Even the people behind that proposal said they are abandoning it after their idea was plastered on the front page of The New York Times.

The proposal centered on the Rev. Jeremiah Wright, who was a mentor to Obama before the two parted ways during the last presidential campaign.

Republicans unaffiliated with Romney were considering spending $10 million on a racially tinged advertising campaign tying Wright to the president.

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NPR Story
3:34 am
Fri May 18, 2012

Facebook To Begin Trading On Nasdaq

Originally published on Fri May 18, 2012 3:49 pm

Transcript

(SOUNDBITE OF BELL RINGING)

STEVE INSKEEP, HOST:

There you have it, the sound of money. Mark Zuckerberg rang the opening bell for the NASDAQ stock exchange this morning. Facebook, his company, is going public today. The company's shares start trading under the ticker symbol FB. And we talked about one of the largest IPOs, initial public offerings, in history with NPR's Steve Henn.

OK. When we say one of the largest in history, how big is it here?

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Planet Money
2:20 am
Fri May 18, 2012

The Long, Long, Long Road To New Rules For Banks

Originally published on Fri May 18, 2012 3:49 pm

Would that big, bad JPMorgan Chase trade have violated the Volcker Rule?

It's too soon to say, despite the fact that the rule is part of a two-year-old law.

The Volcker Rule bans deposit-taking banks from making speculative bets. But it allows banks to make investments to hedge risks.

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Around the Nation
5:58 am
Thu May 17, 2012

Student Discovers Mastodon Tooth In His Backyard

An Oklahoma teacher asked her fifth graders to each bring in a rock. One student brought in a stone that looked like a tooth. It turns out it was a tooth, according to the Muskogee Daily Phoenix. The tooth may up to 40 million years old.

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