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Business
2:17 am
Fri November 16, 2012

FHA Faces Shortfall From Mortgage Losses

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with more mortgage problems.

(SOUNDBITE OF MUSIC)

INSKEEP: Independent auditors released a report this morning, showing that the Federal Housing Administration is facing a shortfall from losses on the mortgages it insures. The Obama administration says it's going to take steps to prevent a taxpayer bailout.

As NPR's Ailsa Chang reports, the FHA has been struggling since the foreclosure crisis hit four years ago.

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Business
1:47 am
Fri November 16, 2012

The Last Word In Business

Originally published on Fri November 16, 2012 4:30 am

Honda, which has long aspired to launch off the road and into the skies, is one step closer to that goal. It has started production on its HondaJet. It's a twin jet engine aircraft, being assembled in North Carolina, aimed at the business market. Industry insiders call it the "Honda Civic of the skies."

Middle East
1:47 am
Fri November 16, 2012

Gaza Violence, Palestinians

Originally published on Mon November 19, 2012 11:09 am

Transcript

LINDA WERTHEIMER, HOST:

This is MORNING EDITION, from NPR News. I'm Linda Wertheimer.

STEVE INSKEEP, HOST:

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Middle East
1:47 am
Fri November 16, 2012

Gaza Violence, Israel

Originally published on Sun November 18, 2012 6:25 am

Transcript

LINDA WERTHEIMER, HOST:

As Israel and Hamas continue launching attacks, residents of the Israeli city of Tel Aviv and communities to its south remain on alert for missile strikes. Sheera Frenkel reports that many fear the current round of violence is nowhere close to being over.

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Planet Money
12:37 am
Fri November 16, 2012

It's Legal To Sell Marijuana In Washington. But Try Telling That To A Bank.

Credit David McNew / Getty Images

Originally published on Mon November 19, 2012 11:03 am

Voters in Washington and Colorado just approved measures legalizing marijuana for recreational use. But businesses that want to sell marijuana in those states will face a problem: No bank wants to do business with them.

I called several banks in Washington. I called a local credit union, a tiny bank in the San Juan islands. Everybody said basically the same thing. Even if selling marijuana is legal under state law, it's still illegal under federal law. And banks and credit unions worry that this could get them in trouble.

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It's All Politics
12:26 am
Fri November 16, 2012

In California, 'Republican' Is Becoming A Toxic Label

Credit Frederic J. Brown / AFP/Getty Images
Citizens vote in Los Angeles County on Nov. 6.

Originally published on Fri November 16, 2012 7:35 pm

Superstorm Sandy: Before, During And Beyond
12:25 am
Fri November 16, 2012

Want To Help Sandy Victims? Send Cash, Not Clothes

Credit Pam Fessler / NPR
Volunteers sort through donated clothes in Sea Bright, N.J.

Originally published on Fri November 16, 2012 1:47 am

Whenever there's a disaster, people want to give, and Hurricane Sandy is no exception. According to The Chronicle of Philanthropy, U.S. charities collected more than $174 million in donations as of Nov. 9 to help respond to the storm.

But it's not only money that has been pouring in. Relief programs have also received mountains of clothes, food and other supplies, not all of which are needed.

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Movie Interviews
12:19 am
Fri November 16, 2012

Director Joe Wright On Tolstoy's Iconic Adultress

Originally published on Fri November 16, 2012 1:47 am

Leo Tolstoy's epic novel Anna Karenina has captivated readers since the 1800s — and movie directors have been among the intrigued, adapting the story over and over.

The latest is from director Joe Wright, who with Pride and Prejudice and Atonement to his credit certainly knows his way around a literary adaptation. Those films starred Keira Knightley, who has worked with Wright once again as the story's tragic heroine.

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Heavy Rotation
4:03 pm
Thu November 15, 2012

Heavy Rotation: 5 Songs Public Radio Can't Stop Playing

Originally published on Mon January 7, 2013 10:19 am

Every so often, people at an NPR station discover a song they can't get enough of. On those occasions, we ask them to share their obsession with the nation. Ben Famous is the music director at KCEP Power88 in Las Vegas. He spoke to Morning Edition host Steve Inskeep about a new cut from R&B heavyweight Avant. It's called "You and I," and it features Keke Wyatt. "The first time we played it," says Famous, "the phone lines lit up, and people were like, 'Who was that?' 'What was that?'"

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The Two-Way
3:30 pm
Thu November 15, 2012

ICE Agent Settles Harassment Suit With U.S. Government

The Associated Press has an update on a story we told you about this past summer:

"A senior agent for Immigration and Customs Enforcement and the government have agreed to settle a discrimination lawsuit, according a court record filed Thursday.

"In a two-sentence notice, a lawyer for ICE Agent James T. Hayes Jr. said the 'parties have come to an agreement in principal' to settle the case for $175,000.

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