The town of Boring, Oregon, is twinning with the village of Dull, Scotland. The idea came after a Scottish cyclist passed through Boring. She thought Dull would make a great sister community. Scotland's tourism agency says the partnership could attract visitors to Dull.
Wal-Mart's stock price has fallen sharply this week. That comes after The New York Times reported that the retailer's rapid growth in Mexico involved systematic bribery. Stock prices have also fallen for Wal-Mart's Mexico subsidiary Walmex.
This negative reaction came, even though financial journalist Eduardo Garcia in Mexico City, says bribery is a normal part of business in Mexico.
Was anybody in the business community in Mexico surprised to hear these allegations against Wal-Mart?
On Monday, Disney announced the first of six planned Starbucks locations is scheduled to open at Disney California Adventure park in June. More locations are planned at Disneyland park and Walt Disney World Resort in Florida.
Originally published on Tue April 24, 2012 5:34 am
Victoria Beckham has teamed up with Range Rover to produce a special edition Evoque luxury SUV. The former Spice Girl, married to soccer star David Beckham, has designed fashion lines before, but says this is her first foray into automobiles.
Originally published on Tue April 24, 2012 4:41 am
Wal-Mart could face significant legal liability following a report accusing the company of systematic bribery in Mexico. A report in The New York Times claims Wal-Mart officials in Mexico paid more than $20 million in bribes to help the company open more stores there. The story also says top Wal-Mart executives in the U.S. looked the other way. The company's stock price fell nearly 5 percent Monday.
Originally published on Tue April 24, 2012 5:30 am
Weeks ahead of its initial public offering, Facebook released its first quarter profits Monday, and they are down 12 percent from a year ago. At the same time, company expenses have nearly doubled. Facebook attributes some of that to market expansion, which requires more employees and infrastructure.
And let's turn now to the first political leader to be put on trial for his role in the global banking crisis. Yesterday, a special court in Iceland found that country's former prime minister guilty of essentially mishandling the banking bubble that led to Iceland's financial collapse.
Michael Stothard has been covering this trial for The Financial Times. He joined us to talk more about it. Good morning.
For a certain set of readers, one need only say the word "pigeon" to set off a frenzied outburst of delight. Pigeon is the star of a series of best-selling children's books, including The Pigeon Finds a Hotdog! and Don't Let the Pigeon Drive the Bus! He's not much more than a stick figure with two circles for eyes, but he can still get huffy and display all the melodrama of a 4-year-old.
Good morning. I'm Renee Montagne. A precious piece of his childhood is going back to a teenager in Japan. Misaki Murakami and his family lost everything in last year's tsunami. But waves carried his soccer ball, covered in notes from third grade friends, to a beach in Alaska. David Baxter found it there and his Japanese wife translated the writing, including the teenager's name. It will be the first bit of North American tsunami debris officially returned to Japan. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
As a part of Earth Day celebrations, performance artist Alison Knowles took salad making to the extreme in New York City. Knowles chopped romaine lettuce, carrots and cucumbers to the beat of live music. She then tossed the avalanche of salad off a balcony into a giant tarp, where the salad was served up to audience members.
Later this week, we get some key data to help judge the state of the nation's housing market. There are some early signs of recovery, but home prices are still falling in many areas, as NPR's Chris Arnold reports.
CHRIS ARNOLD, BYLINE: Tomorrow, we'll get the latest word on home prices from what's called the S&P Case-Shiller index. That keeps showing price declines in many areas. Though those price drops have been leveling off, so things definitely aren't as bad as they were.
Originally published on Mon April 23, 2012 5:27 am
Sebastian Vettel won the Bahrain Grand Prix over the weekend, but in a larger sense the winners were the race organizers. They managed to hold the race which was canceled last year by political unrest, which was part of the uprisings of the Arab Spring. Bill Law, of the British Broadcasting Corporation, talks to Steve Inskeep about the weekend's events in Bahrain.
This is MORNING EDITION from NPR News. Good morning. I'm Renee Montagne.
STEVE INSKEEP, HOST:
And I'm Steve Inskeep. Good morning.
Opponents have intensified a campaign against a group that drafts and promotes bills for state lawmakers to enact. The American Legislative Exchange Council, or ALEC, says it stands for limited government, free markets and federalism. The corporate-funded group has promoted much debated ideas - from voter ID rules to stand your ground gun laws.
Now Marco Rubio happens to be one of those regularly mentioned as a possible vice presidential choice for Mitt Romney. And that's where we pick up our discussion with Cokie Roberts, who joins us most Mondays. Cokie, good morning.
COKIE ROBERTS, BYLINE: Hi, Steve.
INSKEEP: So is the vice presidential choice an opportunity for Romney to appeal to Hispanics?
Originally published on Mon April 23, 2012 5:19 am
Unlike the United States, Germany never had a housing bubble. Its mortgage market is too tightly regulated. But some German banks did lose a lot of money in the financial crisis, and they're still paying a big price for it.
Children's books seem simple, but good ones are deceptively complicated to write and illustrate.
"Traditionally illustrated books are books where the text makes sense on its own. It doesn't necessarily need words," writer Martin Salisbury tells NPR's Renee Montagne, whereas with picture books, neither the text nor the images stand separately — they need each other.
Public media's teamed up and created the American Graduate Initiative to try and tackle the high school dropout crisis in our country. In New Mexico, 2 out of 5 students don't finish high school. PBS' Newshour correspondent Ray Saurez visited the Duke City this week to see why.
When John Paton Davies died, he left some unfinished business. His daughter, Tiki Davies, knew he had signed a contract to write a memoir but never finished it. One of her sisters had a carbon copy of the manuscript, which Tiki Davies started typing into a computer.
TIKI DAVIES: What was interesting to me about retyping it is that it's very much in his voice. He was very funny and an elegant speaker as well as a writer. And so I felt as though I had him back for the couple of months I did this.