Following JP Morgan's disclosure of a $2 billion loss, a small but increasingly vocal group of lawmakers and economists are arguing that a 60-year-old piece if financial legislation should never have been repealed in 1999.
They say the law, known as the Glass-Steagall Act, was so consequential that there's a direct link between its repeal and both the 2008 financial meltdown and JPMorgan's huge loss.
Update At 7:47 P.M. ET. Chen Guangcheng Addresses A Crowd Outside New York University:
Addressing a crowd outside New York University, Chinese dissident Chen Guangcheng said he was grateful to the U.S. Embassy staff in Beijing for providing him a "safe haven." Through an interpreter, he said he was gratified that the Chinese government was handling his situation with "restraint and calm" and thankful for the opportunity to leave China to study at NYU.
Chen said he hoped Beijing would keep its promise to protect the family he had left behind.
NPR's Scott Horsley talks about what some are terming the "diplopaloozaa" this weekend, when President Obama hosts the G8 conference at Camp David on Saturday and the next day plays host to two dozen NATO heads of state in Chicago.
Blind Chinese activist Chen Guangcheng and his family are due to arrive in Newark this evening after a surprise early-morning flight from Beijing. Host Guy Raz gets the latest from NPR's Michele Kelemen, who's been following the story.
John Mayer is one of the biggest-selling artists of the last decade — and with love interests like Jessica Simpson and Jennifer Aniston, one of its most pursued by the media. In 2010, he gave a pair of interviews to Rolling Stone and Playboy that shocked readers with sexually aggressive and racially insensitive language. Mayer seemed to be self-destructing in full view of his fans.
At 73, Tamae Watanabe is the oldest woman to summit Mount Everest — again. The last time she made the record, she was 63.
She reached the top with four other team members Saturday morning after an all-night climb, Asian Trekking says. The Japanese mountaineer was leading Asian Trekking's International Everest Expedition 2012.
To be a parent is to be constantly reminded that almost everything you thought you were doing right for your children will one day turn out to be wrong.
The wisdom on whether your baby should be put to sleep on his back or stomach, whether fevers should be treated or left to run their course, seems to change every few years. Parents used to think nothing of letting their children bounce around like pingpong balls in the back of a car. Now, children are strapped in the back like astronauts waiting for blast off.
Katie Beckett has died in Cedar Rapids, Iowa at the age of 34. She was just 3 years old when her case changed health care law. NPR's Joseph Shapiro has more.
JOSEPH SHAPIRO, BYLINE: Katie Beckett died Friday morning in the same hospital where she'd once made history. In 1981, Katie Beckett was living at St. Luke's Methodist Hospital in Cedar Rapids. She was stuck there because of a clash between advancing medical technology and antiquated health care law.