6:59am

Fri May 11, 2012
Lexington/Richmond

'Scrap Metal' Ordinance Moving in Lexington

A new law to help crack down on copper and other metal thefts is progressing in Lexington.  The Lexington-Herald Leader reports the Urban County Council gave tentative approval of a revised ‘scrap metal’ ordinance Thursday night.  The original proposal called for a  ‘sellers license.’  Greg Dixon with Baker Iron and Metal says the modified ordinance doesn’t include such that provision.

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6:58am

Fri May 11, 2012
Around the Nation

18-Month-Old Girl Turns Up On No-Fly List

Originally published on Fri May 11, 2012 7:10 am

JetBlue Airways apologized after removing a passenger from her flight because she was on a no-fly list. The passenger looks innocent enough — maybe because she's 18 months old. Her mother told WPBF-TV in Florida that the idea her daughter is a threat was "absurd" and "made no sense."

5:39am

Fri May 11, 2012
Business

Post Office Reports Another Quarter Of Losses

Originally published on Fri May 11, 2012 7:10 am

The Postal Service announced Thursday that it lost more than $3 billion during the first three months of the year. Post office officials are pushing Congress to give it more authority to cut some of its burgeoning costs.

5:29am

Fri May 11, 2012
Business

JPMorgan Chase Loses $2 Billion In Risky Trades

Originally published on Fri May 11, 2012 7:10 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene. Good morning.

JPMorgan Chase has acknowledged losing at least $2 billion over the last six weeks in an investment strategy that went awry. The losses are a big embarrassment to a bank that's usually seen as one of the best-managed on Wall Street. And the incident is already prompting new calls for tighter restrictions on bank trading.

NPR's Jim Zarroli reports.

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5:14am

Fri May 11, 2012
Politics

Candidates Forced To Juggle Inconsistent Economic Data

Originally published on Fri May 11, 2012 7:10 am

Transcript

STEVE INSKEEP, HOST:

Now, the presidential election is expected to turn on the economy, which means that every bit of economic news takes on political significance. Trouble is, we don't always know what to make of it when we hear that unemployment claims fell again. Sounds good. Or that the trade deficit jumped. Not so good. NPR's Tamara Keith and Scott Horsley will now help us sort that out.

TAMARA KEITH, BYLINE: Whatever story you want to tell about the U.S. economy, you can find some data points to make your case.

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5:14am

Fri May 11, 2012
Business

The Last Word In Business

Originally published on Fri May 11, 2012 7:40 am

According to a survey by the National Retail Federation, mothers will be treated to a little more this holiday. All told, American consumers are expected to spend about $18.6 billion on the moms, stepmoms or grandmas in their lives.

5:14am

Fri May 11, 2012
Business

Happy Renters Don't Budge From Homeownership Sidelines

Originally published on Fri May 11, 2012 7:10 am

U.S. homeownership rates have fallen to their lowest point since 1997, despite the homebuyer tax credit and enduring rock-bottom interest rates. Two years ago on Morning Edition, we profiled two couples who were renting with no regrets. Have they changed their tune?

5:14am

Fri May 11, 2012
Middle East

Egyptians Captivated By Televised Presidential Debate

Originally published on Fri May 11, 2012 7:10 am

In Egypt's first presidential debate, only the top two candidates participated. Voters go to the polls later this month to choose among a field of 13 candidates. The winner is expected to be decided in a runoff next month.

5:14am

Fri May 11, 2012
Politics

Rep. Michele Bachmann Gives Up Swiss Citizenship

Originally published on Fri May 11, 2012 7:10 am

Transcript

STEVE INSKEEP, HOST:

Here's an update on a member of Congress who became a multinational person. As we reported yesterday, former Republican presidential candidate Michele Bachmann is Swiss. She became a dual citizen of Switzerland and the U.S. through her husband, Marcus Bachmann, whose parents are Swiss and who recently claimed his Swiss citizenship.

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5:14am

Fri May 11, 2012
Sports

White Sox Groom Saladino For Big League Play

Originally published on Fri May 11, 2012 7:10 am

Transcript

DAVID GREENE, HOST:

This spring and summer, we're following two minor league baseball players. We're learning about the pressures on an athlete, the emotional highs and lows, and just what their lives are like. One of the players is a young man named Tyler Saladino. He's in the Chicago White Sox organization, and fans are excited about the future for this 22-year-old.

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