It was four years ago this week that the big Wall Street investment bank Lehman Brothers declared bankruptcy. Its collapse sent shockwaves around the world and brought on the worst of the financial crisis. But the story didn't end there. Lehman Brothers is still in business - sort of.
Planet Money's Adam Davidson went to its offices in New York, and is here to tell us about it.
It's shaping up to be an important day for the European Union and the future of its currency. In the Netherlands, there is a parliamentary election that's expected to be a barometer of Dutch support for staying in the eurozone. Also this morning, a plan was unveiled to give the European Central Bank the power to supervise the big financial institutions in Europe. And, Germany's high court ruled that the European bailout fund is legal.
NPR's Jim Zarroli joins us now from Berlin to talk about this.
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And I'm Renee Montagne.
Here's some troubling news. Ice covering the Arctic Ocean has melted more dramatically this year than ever before. This year's loss of ice has exceeded the previous record by an area the size of Texas. NPR's Richard Harris reports.
Foreign policy has not played much of a role in the presidential campaign, but we have a reminder this morning of how important it is to any president. And today we continue our series on foreign policy and this fall's election. We're going to focus on Russia. As NPR's Corey Flintoff reports, no matter who wins, Russians are worried.
It's MORNING EDITION from NPR News, I'm Renee Montagne.
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And I'm Steve Inskeep. Good morning. President Obama - and many other people, at this point - have joked that he should name former President Bill Clinton secretary of 'splaining stuff. Clinton has embraced that role, delivering a memorable address at the Democratic convention. And now, campaigning for the president in Florida, he will rally the troops in Orlando later today.
It's MORNING EDITION, from NPR News. I'm Steve Inskeep, with Renee Montagne. Let's get the latest, now, from North Africa, in the wake of attacks on U.S. diplomatic facilities in both Libya and Egypt. In Cairo, as we saw yesterday, protesters went over a wall and took down an American flag. The far more serious attack was against a U.S. consulate in Benghazi, Libya, where we now know four Americans were killed, including the United States ambassador to Libya, J. Christopher Stevens.
Tina Brown, editor of The Daily Beast and Newsweek, tells us what she's been reading in a feature that Morning Edition likes to call "Word of Mouth."
This month, Brown shares reading recommendations related to the changing role of women, including a book about when the women of Newsweek sued their bosses, an article about a wife becoming the primary breadwinner and another about how a woman's Facebook photo reflects her sense of identity.
Thinking of going to a nice restaurant? Before you decide, you probably go online and read reviews of the place from other customers (or you listen to these actors read them to you). Online reviews of restaurants, travel deals, apps and just about anything you want to buy have become a powerful driver of consumer behavior. Unsurprisingly, they have also created a powerful incentive to cheat.
Military commanders, government officials and members of Congress have long wrangled over which weapon systems are needed. Now, there's an argument over what computer software should be provided to soldiers in Afghanistan. It's a defense dispute for the digital age.
In recent years, the ability to analyze data has become almost as important to U.S. war-fighters as the guns they use.
The United States' southern border bristles with technology and manpower designed to catch illegal immigrants and drug smugglers. Since 1986, the government has spent hundreds of billions of dollars on fences, aircraft, detention centers and agents.
But even as federal budgets shrink and illegal immigration ebbs, experts say that there's no end in sight for the growth of the border-industrial complex.