The Two-Way
5:33 am
Fri May 18, 2012

Like It Or Not, It's Facebook's Day On Wall Street

Emmanuel Dunand AFP/Getty Images

Originally published on Fri May 18, 2012 2:03 pm

  • Steve Henn talks with Steve Inskeep on 'Morning Edition'

Facebook's much-publicized first sale of stock to the public started with a bang late this morning as the price per share jumped. But though the volume of shares sold was a record for an initial public offering, the stock's price gave up its gains as the day continued.

By the end of trading in the U.S., Facebook had settled right at the $38 initial offering price that had been set before shares went on sale.

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World
5:08 am
Fri May 18, 2012

Police Wait For Thief To Release His Loot

Originally published on Fri May 18, 2012 2:49 pm

Transcript

STEVE INSKEEP, HOST:

Around the Nation
4:50 am
Fri May 18, 2012

Sudents Suspended Over Post-It Note Prank

Originally published on Fri May 18, 2012 2:49 pm

Transcript

DAVID GREENE, HOST:

Economy
4:30 am
Fri May 18, 2012

G8 Summit To Discus Greece's Troubled Economy

Originally published on Fri May 18, 2012 2:49 pm

Greece keeps cutting its budget to help pay debts and avoid default but then its economy keeps contracting, making the problem worse. The new French President Francois Hollande wants to find a way to stimulate Europe's economy.

Afghanistan
3:33 am
Fri May 18, 2012

NATO Summit To Reaffirm Afghan Commitment

Originally published on Fri May 18, 2012 2:49 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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Business
2:48 am
Fri May 18, 2012

The Last Word In Business

Originally published on Fri May 18, 2012 2:49 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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Asia
2:48 am
Fri May 18, 2012

Previewing New Series On Mineral-Rich Mongolia

Originally published on Fri May 18, 2012 2:49 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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Law
2:48 am
Fri May 18, 2012

Evidence Sheds Light On Trayvon Martin Shooting

Originally published on Fri May 18, 2012 2:49 pm

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Americans now have a little more information on which to base their debate about Trayvon Martin. The teenager's killing in Florida - where he was shot by a man named George Zimmerman - prompted an intense and politically charged national discussion about violence, about gun laws and about race.

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Business
2:48 am
Fri May 18, 2012

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

Originally published on Fri May 18, 2012 2:49 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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Business
2:48 am
Fri May 18, 2012

Hewlett-Packard Set To Layoff 30,000 People

Originally published on Fri May 18, 2012 2:49 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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