Health Care
4:22 pm
Fri May 18, 2012

Nurses Group Among Protestors At NATO Summit

Originally published on Fri May 18, 2012 6:34 pm

What's being called the first official protest of NATO kicked off Friday in downtown Chicago, where an estimated 1,000 nurses are expected to gather. They're calling for a "Robin Hood Tax" whereby Wall Street earnings are taxed to help relieve inadequacies in healthcare.

Business
4:22 pm
Fri May 18, 2012

What Happened When JPMorgan Realized Huge Loss?

Originally published on Fri May 18, 2012 6:34 pm

Transcript

ROBERT SIEGEL, HOST:

When the chief investment office of JPMorgan Chase was making big profits for the bank with what amounted to big bets, the bank's chairman and CEO, Jamie Dimon, stopped paying close attention to its operations. When he realized it was making big losses and saw the numbers, he couldn't breathe. That's according to Monica Langley's piece in today's Wall Street Journal, "Inside J.P. Morgan's Blunder."

Langley interviewed numerous JPMorgan executives, including Jamie Dimon, and she joins us now. Welcome to the program.

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Around the Nation
4:22 pm
Fri May 18, 2012

Minneapolis, Portland, Ore., Top 'Bikeable Cities' List

A cyclist rides on a bike lane on Prospect Park West, in the Brooklyn borough of New York City. Bike lanes of this type use parked cars to create a buffer zone from road traffic.
Spencer Platt Getty Images

Originally published on Fri May 18, 2012 7:35 pm

The cyclists who participated in Friday's National Bike to Work Day likely planned their riding route with several criteria in mind, from convenience to safety. Those same concerns help determine how "bikeable" a town is, according to a new study by the Walk Score website. Among the factors: There's safety in numbers.

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Shots - Health Blog
4:16 pm
Fri May 18, 2012

Bail Granted For Indiana Woman Charged In Attempted Feticide

Bei Bei Shuai, seen in a file photo, was charged with murder in the Jan. 2, 2011, death of her 3-day-old daughter Angel Shuai, after eating rat poison.
Indianapolis Metropolitan Police Dept. AP

Originally published on Mon May 21, 2012 1:21 pm

Bei Bei Shuai is a step closer to leaving jail for the first time since March 2011, when she was arrested for the murder of her 3-day-old daughter Angel.

The girl, who was delivered by cesarean section, died after Shuai's unsuccessful suicide attempt in December 2010, while she was pregnant.

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The Two-Way
4:07 pm
Fri May 18, 2012

On Two First-Class Seats, Olympic Torch Arrives In England

David Beckham holds the Olympic Flame as it arrives at RNAS Culdrose near Helston in Cornwall, England.
Matt Cardy Getty Images

Flanked — literally and figuratively — by British royalty, the Olympic torch was flown from Greece to England, where it will begin a final 70-day journey before the 2012 London Olympics.

The Telegraph reports that after a rainy ceremony in Greece, the torch was taken aboard British Airways Flight 2012. The paper adds:

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The Two-Way
3:47 pm
Fri May 18, 2012

The 'Ring Of Fire': A Spectacular Solar Eclipse Is Coming This Sunday

An annular solar eclipse is seen over Myanmar on Jan. 15, 2010 as the moon crossed the sun's path, blocking everything but a narrow, blazing rim of light.
Khin Maung Win AP

Originally published on Fri May 18, 2012 4:10 pm

You lucky West Coast folks! A stunning solar eclipse will occur late Sunday afternoon, and people in the western U.S. will get the best views. Live on the East Coast? It's already going to be dark, so the only way we'll get to experience this is via webcam.

The event starts about 5:30 PM Pacific time and the maximum effect will occur about 6:30 PM, according to NASA.

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Around the Nation
3:36 pm
Fri May 18, 2012

Will Population Shifts Alter Immigration Debate?

Hispanic residents walk by a law office in Union City, N.J., specializing in immigration in March. Union City is one of the state's largest cities, and has a Hispanic population of more than 80 percent.
Spencer Platt Getty Images

The U.S. Supreme Court's expected ruling in June on Arizona's immigration law will set the blueprint for states where many officials say they face a crisis in trying to crack down on rising numbers of illegal residents.

Yet population changes and various research indicate that the great flow primarily of Latino illegal immigrants, which lasted at least two decades, ended several years ago.

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Energy
3:26 pm
Fri May 18, 2012

Pipeline Flip Turns U.S. Oil World 'Upside Down'

The U.S. oil boom has created a glut of crude in Cushing, Okla., a major oil storage hub. This sign dubs the city the "Pipeline Crossroads of the World."
Jeff Brady NPR

Originally published on Fri May 18, 2012 6:34 pm

For years, Cushing, Okla., has been on the receiving end of a 500-mile pipeline funneling oil from the Gulf of Mexico to the American heartland.

Starting this weekend, that pipeline will start moving crude in the other direction. That flow reversal could soon have implications at gas pumps around the country.

"For 40 years, crude oil flowed north," says Philip Verleger, a visiting fellow at the Peterson Institute for International Economics. "Today, oil flows south. It's as if we turned the world upside down."

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Movie Reviews
3:23 pm
Fri May 18, 2012

Coming Soon — To A Theater Nowhere Near You

A scene from Battleship, which opens this weekend in the U.S. Thanks to earlier releases abroad, the film has already grossed $215 million worldwide.
ILM/Universal Pictures

Originally published on Fri May 18, 2012 6:34 pm

The movie Battleship, based on the popular board game, opens today in the U.S. In most respects, it's a typical popcorn picture — the kind of effects-laden action movie that audiences often turn into a summer blockbuster.

And while it may not be any good, it is undeniably ours — American from the water up: a Universal Studios picture about an alien invasion, crammed with special effects from Industrial Light and Magic and set largely on American warships.

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The Two-Way
3:08 pm
Fri May 18, 2012

What Facebook May Mean For Your Portfolio, Even If You Didn't Buy It

Facebook shares began trading on Nasdaq shortly after 11:30 a.m. on Friday.
Richard Drew AP

Originally published on Fri May 18, 2012 6:25 pm

Don't worry if you missed out on Facebook's initial public offering. Chances are, if you own shares in a broad-based index fund, you'll be holding onto some Facebook soon enough.

Facebook is such a huge offering -– with an initial market capitalization of more than $100 billion, it instantly becomes one of the 25 largest "cap" stocks — that it could have a distorting effect on some funds, at least in the short term.

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