Morning Edition

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DAVID GREENE, HOST:

Transcript

STEVE INSKEEP, HOST:

The nation's second-largest bank is planning to layoff about 2,000 people at its investment banking, commercial banking and wealth management units, according to The Wall Street Journal. The cuts are notable because they include high earning employees in operations that account for most of Bank of America's profits since the financial crisis.

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STEVE INSKEEP, HOST:

The president's counterterrorism chief, John Brennan, made another statement yesterday. He argued that drone strikes to kill militants are legal.

DAVID GREENE, HOST:

Brennan's remarks were unusual. It's rare that the administration mentions drones at all. Yesterday, Brennan chose to say that the missile strikes by unmanned aircraft which take place in countries like Yemen and Pakistan fit within international law.

The average caregiver is 49 years old. Cheryl Matheis, senior vice president for policy at AARP, tells Steve Inskeep when a worker has to leave their job to care for a relative, they lose on average $325,000 in lifetime income — from lost wages, Social Security and pensions.