Business
5:00 am
Tue August 7, 2012

Business News

Originally published on Wed August 8, 2012 2:39 pm

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with your happiness.

(SOUNDBITE OF MUSIC)

MONTAGNE: That's the indicator Fed Chief Ben Bernanke wants to see. Bernanke told a conference of economists last night that despite data pointing to a recovery, many people still feel stressed. He said the economic well-being of Americans is the Fed's ultimate objective - that is, the sense that things are going well.

Around the Nation
5:00 am
Tue August 7, 2012

Authorities Delve In To Sikh Temple Shooter's Past

Originally published on Wed August 8, 2012 2:39 pm

Transcript

STEVE INSKEEP, HOST:

Now let's learn more about Wade Michael Page. He's the man police say opened fire at the temple and then opened fire on the police officer who finally killed him.

NPR counterterrorism correspondent Dina Temple-Raston has been talking with law enforcement officials. And Dina, over the last 24 hours you've given us different details about Mr. Page. Put it together here. Who was this man?

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Around the Nation
5:00 am
Tue August 7, 2012

Milwaukee Sikhs Remember Shooting Victims

Originally published on Wed August 8, 2012 2:39 pm

Transcript

STEVE INSKEEP, HOST:

On a Tuesday in August, it's MORNING EDITION from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

I am nothing but an American. Those are some of the words we are about to hear from Americans Sikhs after a shooting over the weekend. A gunman targeted a Sikh temple in Wisconsin, killing six people before police killed him. In a moment, we'll learn more about the man identified as the shooter.

We begin with Chuck Quirmbach of Wisconsin Public Radio.

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NPR Story
5:00 am
Tue August 7, 2012

Loughner's Attorneys Bargain To Save His Life

Originally published on Wed August 8, 2012 2:39 pm

Transcript

RENEE MONTAGNE, HOST:

In Arizona, the man accused of shooting Gabrielle Giffords at a gathering of her constituents in Tucson last year will be in court today. Jared Loughner allegedly killed six people in that attack and wounded 13 others. He was declared mentally unfit to stand trial, but now that may change. As NPR's Ted Robbins reports, Loughner's lawyers are expected to offer a deal to help him avoid the death penalty.

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NPR Story
5:00 am
Tue August 7, 2012

British Bank Accused Of Hiding Iranian Transactions

Originally published on Wed August 8, 2012 2:39 pm

Transcript

STEVE INSKEEP, HOST:

Financial regulators in New York said yesterday they may bar a British bank from doing business in the state. They said that because the bank allegedly laundered some $250 billion in Iranian money through its branch in Manhattan. The bank is Standard Chartered Bank. It does much of its business in Asia, Africa and the Middle East. But like any global bank, it wants to have a foothold in the U.S. markets, and that foothold is now in danger. For more, we turn to NPR's Jim Zarroli in New York.

Jim, Good morning.

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Politics
4:03 am
Tue August 7, 2012

Will Tea Party Star Marco Rubio Get GOP VP Nod?

Sen. Marco Rubio, R-Fla., listens at left as Republican presidential candidate Mitt Romney speaks in Aston, Pa., in April. Republican leaders from Jeb Bush to John McCain have touted Rubio for vice president.
Jae C. Hong AP

Originally published on Wed August 8, 2012 2:39 pm

Among the Tea Party successes in the 2010 congressional elections was U.S. Sen. Marco Rubio of Florida. He is now one of those on Republican presidential candidate Mitt Romney's short list of possible running mates.

For any political party, Rubio would be worthy of consideration for vice president or a higher office. He's smart, good-looking and charismatic. The Cuban-American is a plus for Republicans, a party that polls show has been losing ground with Hispanics.

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World
3:27 am
Tue August 7, 2012

Growing Pains: Nations Balance Growth, Power Needs

Muslim girls study by candlelight inside a religious school in Noida, near New Delhi, on July 31. The collapse of three regional power grids last week caused a massive power outage that blacked out more than half of India.
Parivatran Sharma Reuters /Landov

Originally published on Wed August 8, 2012 2:39 pm

It may take some time to pinpoint the exact cause of India's massive blackouts last week, but the underlying issue for India and many other parts of the developing world is that supply is struggling to keep up with the growing demand for power — an imbalance that can affect the reliability of electric grids.

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World
3:26 am
Tue August 7, 2012

Pakistan Blackouts Power Frustration At Government

Tangled power lines in a busy shopping district in Rawalpindi.
Lauren Frayer for NPR

Originally published on Wed August 8, 2012 2:39 pm

In India last week, surprise grid failures plunged more than half the country into darkness. But power outages in neighboring Pakistan have been intentional — the result of summertime energy rationing.

Despite billions of dollars in U.S. aid, Pakistan has been unable to keep the lights on. Now the situation is getting worse, with riots erupting over factories forced offline.

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Election 2012
3:26 am
Tue August 7, 2012

Older, Tougher — But Will The Tea Party Be Stronger?

Ted Cruz, Republican candidate for the U.S. Senate, speaks at a rally organized by the Tea Party Express in San Antonio in May.
Hernan Rozemberg AP

Originally published on Wed August 8, 2012 2:39 pm

The 2010 elections were a coming of age for the Tea Party, with big gains in Congress and in statehouses. As 2012 approached, the movement was looking for similar success. Then came this year's GOP presidential primaries, with no surviving Tea Party favorite.

Polls showed public support for the movement falling off significantly after several nasty showdowns in Congress. But the Tea Party remains a force in many states. Its favored candidate for the U.S. Senate won big in Texas last week, sending the strongest signal yet that the movement will be a factor this fall.

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First And Main
3:25 am
Tue August 7, 2012

Race An Issue That Simmers In Florida Battleground

Gregory Brown, 52, lives in a trailer park community in Lutz, Fla., near the corner of First and Main streets. He lives off unemployment checks and blames President Obama for his financial difficulties.
Becky Lettenberger NPR

Originally published on Wed August 8, 2012 2:39 pm

As the presidential election nears, Morning Edition has begun a series of reports from First and Main. Several times in the next few months, we'll travel to a battleground state, then to a vital county in each state. In that county, we find a starting point for our visit — an iconic American corner — First and Main streets.

Near the corner of First and Main, in a trailer park in Hillsborough County, Fla., Gregory Brown sticks the key into the motorcycle he has for sale.

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