7:10am

Thu October 27, 2011
The Two-Way

European Debt Deal: Markets Rally Because It Could Have Been Worse

Marathon talks that ended around 4 a.m. local time today in Brussels produced a deal that European leaders hope will mark the beginning of the end of the continent's debt crisis, as NPR's Eric Westervelt reports for Morning Edition.

And financial markets are rallying on the news.

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5:41am

Thu October 27, 2011
Middle East

Iran's Largest Banks Swindled Out Of $2.6 Billion

A bank fraud scandal of unprecedented proportions is shaking domestic politics in Iran.

Several of Iran's largest banks have been swindled out of an estimated $2.6 billion. The scandal has sparked a widening investigation with more than 30 arrests so far. It has also led to charges that some of President Mahmoud Ahmadinejad's closest advisers were involved.

On its face, it appears it was easy for some of Iran's most important bankers to steal so much money.

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5:41am

Thu October 27, 2011
Technology

Phone Cameras Challenge Point-And-Shoot Compacts

Originally published on Wed May 23, 2012 11:18 am

Nearly every new smartphone has a better camera than its predecessor. One of the latest is Apple's iPhone 4S — but there are plenty of other cellphones with advanced cameras on the market, such as the HTC myTouch 4G and the Samsung Galaxy SII.

The cameras are so good, in fact, that it raises the question of whether it's worth it for amateur photographers to own a separate point-and-shoot camera.

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5:40am

Thu October 27, 2011
Law

In Boston Terrorism Trial, A Free Speech Defense

Opening statements are expected to begin Thursday in an unusual terrorism trial, involving a young Massachusetts man named Tarek Mehanna. What makes this case unusual isn't the alleged terrorist's plot. It's his defense: the First Amendment.

Mehanna's lawyers asked the judge Wednesday to instruct the jury about free-speech rights under the U.S. Constitution. Prosecutors say 29-year-old Mehanna tried to help al-Qaida by promoting its cause in an online blog. Mehanna's attorneys say he was just exercising his right to free speech — and isn't a terrorist at all.

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5:40am

Thu October 27, 2011
Politics

Protests Pick Up Steam; Will Obama Get Burned?

It's not clear yet whether the Occupy Wall Street protests will be a good thing or a bad thing for Democrats. That's why President Obama always treads carefully when asked about them.

"People are frustrated, and that frustration has expressed itself in a lot of different ways," he said Tuesday on The Tonight Show with Jay Leno. "It expressed itself in the Tea Party. It's expressing itself in Occupy Wall Street."

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5:38am

Thu October 27, 2011
Economy

Back From China: Furniture Maker Returns To N.C.

The self-proclaimed "world's largest furniture market" in High Point, N.C., is the industry's showpiece event, where manufacturers hawk their products to retailers. And this week, the market also has an old-school component: a large pavilion dedicated to furniture that's made in America.

In fact, there are signs that market conditions stemming from China's fast growth could spur a comeback for furniture makers in the United States.

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5:00am

Thu October 27, 2011
NPR News Investigations

Native Survivors Of Foster Care Return Home

Originally published on Thu November 15, 2012 6:02 pm

Part 3 of a three-part investigation

Dwayne Stenstrom is a professor of American history. His office is lined with towers of obscure books and poetry on the walls. There's even a copy of the Declaration of Independence in a binder.

He teaches this document like many other professors, beginning with, "We hold these truths to be self evident." But he stops on another phrase — "the inhabitants of our frontiers, the merciless Indian savages."

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4:15am

Thu October 27, 2011
Energy

The Global Coal Trade's Complex Calculation

This is the second of two reports on plans to export U.S. coal to China.

Coal producers in Wyoming and Montana are hoping new export terminals will be built in Washington state so they can ramp up their sales to China. Activists are trying to stop those ports, in part because they're concerned about global warming. But a thriving export market could also drive up the price of coal here in the United States, and that has climate implications as well.

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4:00am

Thu October 27, 2011
Europe

Pressure's On Europe To Implement New Debt Plan

European leaders met through the night in Brussels and finally emerged Thursday with a debt deal they say is wide-ranging. They're hopeful it will guide the continent out of the widening debt crisis that started with Greece. But it's unclear whether they have the political will and economic flexibility to implement it.

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4:00am

Thu October 27, 2011
NPR Story

Occupy Oakland Protester Hurt, Police Criticized

Downtown Oakland, Calif., has settled down after a violent Tuesday night, when police clashed with protesters with the Occupy Wall Street demonstrations.

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