4:00am

Wed June 22, 2011
Business

JPMorgan Securities to Settle Fraud Charges

J.P. Morgan Chase will pay more than $150 million to settle charges the firm misled investors about the riskiness of the mortgage backed securities the firm was selling. The Securities and Exchange Commission says J.P Morgan Securities designed the packages to do poorly and then hid that fact from investors. The company neither confirms nor denies the allegations.

4:00am

Wed June 22, 2011
Business

Business News

Steve Inskeep has business news.

4:00am

Wed June 22, 2011
NPR Story

Huntsman's Campaign Wastes No Time, Hits The Road

After formally announcing his Republican presidential campaign Tuesday, Jon Huntsman went straight to New Hampshire to start drumming up votes. On Wednesday, he travels to South Carolina, a critical stop for the former Utah governor and former ambassador to China because he doesn't plan to campaign in Iowa.

4:00am

Wed June 22, 2011
NPR Story

Mexico Captures Reputed Head Of Drug Cartel

Renee Montagne talks to NPR's Jason Beaubien about the capture of one of Mexico's most wanted drug lords.

12:01am

Wed June 22, 2011
Children's Health

Junk Food Fight: Should Ads Stop Targeting Teens?

Originally published on Wed June 22, 2011 9:01 am

A screen shot of Doritos Asylum 626 project, an interactive, online horror movie created to attract teenage consumers.
Asylum 626

The government says junk food marketers shouldn't advertise to kids. Not just on TV, but also online, in schools and in stores.

The guidelines being proposed are voluntary; food companies can opt out. Still, with four powerful agencies, including the Federal Trade Commission and the Food and Drug Administration, throwing their weight behind the proposal, the food industry is taking the measure seriously.

One of the most contentious issues is whether the marketing limits should be applied to older kids, aged 12 to 17 β€” like 13-year-old Reed Weisenberger.

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12:01am

Wed June 22, 2011
Politics

In Congress, A Bipartisan Push For Afghan Drawdown

Originally published on Wed June 22, 2011 7:30 am

Growing numbers of lawmakers on both sides of the aisle are balking both at the length of the war in Afghanistan and its cost.

Late last month, a few weeks after U.S. forces killed al-Qaida leader Osama bin Laden in Pakistan, the Republican-run House voted on a bipartisan amendment aimed at hastening an end to the war in Afghanistan. To the surprise of many, it fell just six votes shy of passing.

Rep. Scott Garrett (R-NJ) was one of 26 members of his party who joined nearly every Democrat in voting for the measure.

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12:01am

Wed June 22, 2011
National Security

U.S. Prods Europe On NATO Spending

Defense Secretary Robert Gates urges NATO members to boost defense spending. He is speaking on June 10 in Brussels.
John Thys AFP/Getty Images

One of the calculations in President Obama's decision Wednesday on U.S. troops in Afghanistan is the growing concern about the cost of military operations β€” not only in that country, but in other areas as well.

Funding for NATO is coming under the microscope amid growing complaints about the U.S. paying a disproportionate share to the alliance.

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12:01am

Wed June 22, 2011
World

Volatile Food Prices Grab G-20's Full Attention

Earth from a beet field in northern France hit by drought β€” the country's worst in 50 years. Crop shortages in Europe and the U.S. have led some experts to predict a rise in grain prices like those that sparked riots in 2008.
Philippe Huguen AFP/Getty Images

Agriculture is topping the G-20 agenda for the first time as agriculture ministers from the world's largest economies gather in Paris beginning Wednesday.

Ever since a dramatic spike in world food prices in 2008 sparked panic and deadly riots in countries across three continents, agriculture and food security have become issues of global, political importance.

And crop shortages this year have some experts already predicting another rise in grain prices like that of 2008.

Crops Hit By Drought

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12:01am

Wed June 22, 2011
China: Beyond Borders

China's Businesses Boom, But Its Brands Don't

Commuters stand in front of billboards outside a shopping mall in Beijing. Brand logos are a common sight in China β€” but not for homegrown companies.
Liu Jin Getty Images

This month, NPR is examining the many ways China is expanding its reach in the world β€” through investment, infrastructure, military power and more.

After 30 years of mind-bending economic growth, everyone knows about brand China β€” but very few people can name a Chinese brand. And the reasons for that are not just economic.

In a bustling market near the center of the Cambodian capital, Phnom Penh, Soray Peah, 24, is testing the ringtones on a cellphone she wants to buy.

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