Business

JPMorgan Shareholders Consider Splitting CEO, Chairman Jobs

11:13am May 21, 2013

by Yuki Noguchi

In Tampa, Fla., Tuesday, JPMorgan Chase holds its annual shareholder meeting. They will vote on a key measure: Whether to strip CEO Jamie Dimon of his title of chairman of the board. A growing number of companies have split the CEO and chairman roles.

Queue Listen Now

Apple CEO Faces Senate Panel's Accusations Of 'Tax Gimmickry'

11:13am May 21, 2013

by John Ydstie

Tim Cook will address reports that his company pays billions less than it should in U.S. taxes each year at a Tuesday hearing in Washington. According to a report by the Senate Permanent Subcommittee on Investigations, Apple avoids the tax payments by shifting profits to subsidiaries in Ireland.

Queue Listen Now

Tumblr Users Urge New Owner Yahoo To Keep The Site Weird

11:13am May 21, 2013

by Ilya Marritz

When news of Yahoo's purchase of Tumblr first hit, Tumblr users took their reactions online. The posts were quirky and sharp with plenty of worry about the future.

Queue Listen Now

Fox News Reporter James Rosen Caught Up In Federal Probe

11:13am May 21, 2013

by David Folkenflik

There is word of another controversial leak investigation by the Department of Justice. The target is Fox News reporter James Rosen, who was monitored by the department after breaking a story about North Korea's nuclear weapons program in 2009.

Queue Listen Now

Politics & Government

Unclear Laws May Have Contributed to Tax-Exempt Controversy

11:13am May 21, 2013

by Scott Horsley

IRS and Treasury officials can expect a hard time in their appearances on Capitol Hill Tuesday. A key question that so far has not gotten much attention: How did it come to be that social welfare organizations became vehicles for political activity?

Queue Listen Now

Young People Cast Out Of Italy's Welfare System

11:13am May 21, 2013

by Sylvia Poggioli

In Italy, the youth jobless rate is nudging 40 percent, a record high in post-war history. Demographer Stefano Rosina says the Italian welfare system has always been skewed toward the middle-aged and elderly, leaving Italian youths with no political or trade union representation.

Queue Listen Now

Kids Pitch Business Ideas To Warren Buffett

11:13am May 21, 2013

The kids competed in "The Secret Millionaire's Club" — an entrepreneurial contest tied to a web and cable series featuring a cartoon Warren Buffett. Thousands competed. Eight of them, ranging from age seven to 16, got to meet Buffett and present their ideas.

Queue Listen Now

With New Xbox, Microsoft Makes A Bigger Play For Living Room

9:00pm May 20, 2013

by Laura Sydell

Microsoft has had few blockbuster successes in recent years. On Tuesday, when the tech giant is scheduled to introduce its new Xbox, it will be targeting more than just hard-core gamers. Analysts say Microsoft will also be aiming to make its console the center of entertainment in your living room.

Queue Listen Now

TD Bank volunteers sort donated food into barrels at the Manna Food Center in Gaithersburg in Montgomery County, Md. Poverty in the county just outside Washington, D.C., has grown by two-thirds since 2007.

Advocates Struggle To Reach Growing Ranks Of Suburban Poor

2:30pm May 20, 2013

by Pam Fessler

The number of poor people living in America's suburbs now surpasses those in cities or rural areas. Long focused on the urban poor, social service agencies are now trying to respond to the basic needs of a much more far-flung population.

Queue Listen Now

Boom Or Bust? Saving Rhode Island's 'Superman' Building

11:30am May 20, 2013

by NPR Staff

The iconic Industrial Trust Tower in downtown Providence is empty for the first time in 85 years. Developers want to turn it into luxury apartments — and want the state and city to pay for it. But Providence — like the rest of Rhode Island — faces its own economic problems, as well as a recent failed investment.

Queue Listen Now