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Planet Money
12:16 pm
Tue July 3, 2012

Storm Stimulus Unlikely As Communities Recover

Credit Alex Wong / Getty Images
A fallen tree crushes a truck in Falls Church, Va., outside Washington. Storms across the Midwest and East downed trees and power lines and left millions without power.

Originally published on Tue July 3, 2012 2:40 pm

Once major storms pass, hard-hit communities sometimes discover an unexpected silver lining: a miniature economic boom, as insurance checks pay for homeowners to rebuild and businesses to restock.

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Economy
9:05 am
Tue July 3, 2012

States Go To Casinos, But Does The Gamble Pay Off?

Originally published on Tue July 3, 2012 10:03 am

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. Coming up, we'll meet a couple who didn't just worry when their daughters started coming home making disparaging comments about their own looks. They decided to surround the girls with positive messages that they, too, are beautiful. We'll meet them and hear what they did in just a few minutes.

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The Salt
8:33 am
Tue July 3, 2012

Free Trade Ruling Could Nix Country-Of-Origin Labels on Meat

Credit JelleS / Flickr.com
Do you know where your beef comes from?

If you want to know where your meat came from, you won't be happy with the World Trade Organization right now. Late last week, the WTO announced that the United States' country-of-origin labels, which took effect in 2008, discriminate unfairly against foreign meat suppliers such as Mexico and Canada.

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Health Care
4:43 am
Tue July 3, 2012

Post Supreme Court: Reviewing The Health Care Law

Last week's Supreme Court decision upholding the Affordable Care Act has brought the 2010 law back into the news. If you've forgotten all the things that are in the massive measure, never fear. Morning Edition has this refresher course.

Business
2:55 am
Tue July 3, 2012

GlaxoSmithKline To Pay $3 Billion To Settle Charges

British drugmaker GlaxoSmithKline has agreed to pay $3 billion to settle charges that it illegally marketed some of its most popular drugs. U.S. officials say among other things, the company promoted an antidepressant to children that was approved only for adults.

Business
2:55 am
Tue July 3, 2012

Airbus: 'The Time Is Right' To Open Alabama Plant

Originally published on Tue July 3, 2012 3:31 am

Transcript

LINDA WERTHEIMER, HOST:

Jobs and the economy are big issues in this election. And from Alabama, we have a story of jobs coming from overseas to the U.S. European aircraft manufacturer Airbus is making a bold move into North America to compete in the largest market in the world for passenger jets.

RENEE MONTAGNE, HOST:

The firm will build its first U.S. assembly plant on the Gulf Coast in Mobile, Alabama. NPR's Debbie Elliott reports the region has been working for years to attract Airbus.

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NPR Story
2:55 am
Tue July 3, 2012

Business News

Originally published on Tue July 3, 2012 5:53 am

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with another bye-bye at Barclays.

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NPR Story
2:55 am
Tue July 3, 2012

Daycare Needs Stretch Around The Clock

Originally published on Tue July 3, 2012 3:29 am

As more people take shift work in the still struggling economy, the need for after hours child care has increased. Throughout the country, many daycare centers have begun offering evening hours or 24-hour care. Parents say their kids should be sleeping at home at night, but they have no choice but to work when jobs are available.

NPR Story
2:55 am
Tue July 3, 2012

The Last Word In Business

Originally published on Tue July 3, 2012 6:02 am

In France, a law just took effect that requires all drivers, including tourists, to buy a breathalyzer test to keep in their cars. Drunk driving is huge problem in France — causing more accidents per year than speeding. It was recently discovered that the head of the group that lobbied for the law also works for a company that makes the kits.

Space
1:28 am
Tue July 3, 2012

Fledgling NASA Nonprofit Starts To Liftoff

Originally published on Tue July 3, 2012 8:24 am

A new nonprofit organization that's supposed to take charge of expanding scientific research on the International Space Station has had a rocky first year but now is starting to show what it can do.

The Center for the Advancement of Science in Space just signed one agreement with a company not traditionally linked to research in space: the sporting goods company Cobra Puma Golf.

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Planet Money
3:51 pm
Mon July 2, 2012

Scandal That Cost Barclays Chairman His Job Threatens To Spread

Credit Oli Scarff / Getty Images
London-based Barclays Bank agreed to pay a $453 million fine over charges it manipulated the London Interbank Offered Rate — LIBOR — a key global interest rate.

Originally published on Tue July 3, 2012 10:24 am

Every day at 11 a.m., a few big banks tell the British Bankers' Association what it costs them to borrow. Out of that comes LIBOR — the London Interbank Offered Rate, a dull but vital interest rate that underpins trillions of dollars of transactions globally, from home mortgages and personal credit cards to major corporate lending.

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The Salt
2:52 pm
Mon July 2, 2012

Cleaner, 'Greener' Cookstoves Need Better Marketing In Bangladesh

Credit UN Foundation
A woman at home in Bangladesh with an improved cookstove

Cooking can be hazardous to your health and to the environment, particularly if you are cooking indoors over an open fire and burning wood and dung, as many people in poor, rural areas of the world do every day.

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Business
2:33 pm
Mon July 2, 2012

Airbus' U.S. Plant Would Bring 1,000 Jobs To Alabama

Originally published on Mon July 2, 2012 4:43 pm

Airbus and Alabama officials announce the building of the company's first major manufacturing facility in the U.S on Monday. It's a $600 million investment that is expected to directly create about 1,000 jobs. Archrival Boeing has argued against allowing Airbus — a European company — to set up shop in the U.S.

Economy
2:33 pm
Mon July 2, 2012

Factories Scaling Back Amid Economic Slide

Originally published on Mon July 2, 2012 4:35 pm

Transcript

MELISSA BLOCK, HOST:

In what could be a troubling sign for the U.S. economy, manufacturing activity started contracting last month. U.S. manufacturing has been a much-needed bright spot, with companies adding jobs and selling more products.

But today, as NPR's Chris Arnold tells us, we got evidence that things might be changing.

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Business
2:33 pm
Mon July 2, 2012

Glaxo Agrees to Pay $3 Billion in Fraud Settlement

Originally published on Mon July 2, 2012 4:35 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block. In what the government is calling the biggest health care fraud settlement in history, drug maker Glaxo SmithKline has agreed to plead guilty to misdemeanor criminal charges and pay $3 billion. As NPR's Carrie Johnson reports, the Justice Department says Glaxo used illegal tactics to promote two popular depression drugs and failed to report safety data on a third drug for diabetes.

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