It's MORNING EDITION from NPR News. Good morning. I'm Steve Inskeep.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne. The Justice Department is on the verge of a $13 billion settlement with JPMorgan Chase. That would make it the biggest government fine involving a single company. It involves the allegedly improper sale of mortgage securities that led to the financial crisis of 2008. NPR's Chris Arnold has been following this and he joins us now. Good morning.
OK, three brand-new cable channels all share the same problem. How do you persuade 20-somethings to look up from their phones long enough to gaze at an old-fashioned, regular TV? In Los Angeles, NPR's Neda Ulaby visited one of the channels that's trying to do that.
NEDA ULABY, BYLINE: This could be the set of any cable news show about to go live.
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UNIDENTIFIED ACTRESS: (As character) Three minutes.
UNIDENTIFIED ACTOR: As character) We've got three minutes to air.
If you want to watch MTV, you have to pay for ESPN, even if you don't want to watch sports, and a lot of cable customers don't like it. In the cable TV business, it's called bundling. Now, the government of Canada is requiring cable companies to take those bundles apart. NPR's Mandelit del Barco reports on why that is unlikely to happen in the U.S.
MANDALIT DEL BARCO, BYLINE: Channel surfing in, say, Montreal, you can find everything from American TV sitcoms to shows in French.
Gold prices have cooled down a bit from their record highs, but you can now invest in a new up-and-coming commodity: wax.
RENEE MONTAGNE, HOST:
Merlin Entertainments, which owns Madame Tussauds wax museums, says today it plans an initial public offering. Merlin's 14 wax museums and a half dozen Legolands are the prime properties. The privately owned firm hopes that stock sales will help pay down its debt.
NPR's business news starts with a big deal for nuclear power.
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INSKEEP: The British government has announced plans to build two new nuclear reactors in southwest England. The agreement is worth about $26 billion. The deal is the first of its kind since Japan's Fukushima nuclear disaster in 2011, and the first new British nuclear power station in two decades.
People used to say the sun never sets on the British empire. These days, says NPR media correspondent David Folkenflik, it would be more accurate to say the sun never sets on Rupert Murdoch's empire.
In a new book, Murdoch's World, Folkenflik writes about the Australian newspaper owner whose company now stretches to India, Great Britain and the United States. He describes a powerful media insider who wants to be seen as an outsider.
This is MORNING EDITION, from NPR News. I'm Renee Montagne.
STEVE INSKEEP, HOST:
And I'm Steve Inskeep. Good morning.
Let's talk this morning about the fight for the future of the Republican Party. Let's begin with Texas Senator Ted Cruz. It was Cruz who led the fight against Obamacare that resulted in a partial government shutdown. He alienated colleagues on both sides of the aisle, and also won widespread praise from Tea Party Republicans.
Scott Adams has failed at a lot of things, from investments to inventions to computer programming. But he managed to turn his failure at office work into a giant success: a comic strip which follows a hapless, cubicle-bound engineer working for an unreasonable boss at a nameless company. Dilbert, which is based on Adams' own experience working in corporate America, appears online and in 2,000 newspapers.
Luster checks out books for frequent library visitor Phyllis Smith. Luster says she thinks of herself as a book curator.
Credit Jennifer Davidson / KSMU
Rachel Reynolds Luster became the Myrtle, Mo., librarian four months ago. The town rests in the rural Ozarks, about 5 miles north of the Arkansas state line. The nearest major bookstore is two hours away.
There's one state highway running through Myrtle, Mo. It's a sleepy town in the Ozarks, population about 300. There's no bank or restaurant here, but enormous oak and persimmon trees loom over a small stone building right next to the road. Half of it is a post office; the other half, a one-room public library.
Rachel Reynolds Luster took over this branch four months ago with the goal of creating a learning hub. She calls herself a curator, not just a librarian.
Her first task? Filtering out some of the favorites of the previous librarian.
Radio documentarian Dave Isay stands next to one of two StoryCorps Airstream trailers outfitted with recording studios a few years after the project was launched. StoryCorps is celebrating its 10th anniversary.
NPR's Steve Inskeep has a confession to make. In order to remain composed as the host of Morning Edition, he sometimes has to turn the volume down in the studio when the StoryCorps segment airs on Fridays.
"I just wait for the clock to run down so I know when to talk at the end because otherwise I know I'm going to lose it if I listen to that story," Inskeep tells StoryCorps founder Dave Isay. "It's deeply moving."
Most people associate the Nile with Egypt, but the river also flows through South Sudan, where much of it is bordered by jungle. That makes it a excellent destination for rafting and wildlife enthusiasts, says travel guide author Max Lovell-Hoare.
Originally published on Sun October 20, 2013 8:02 pm
Before landing a role opposite Tom Hanks in the film Captain Phillips, Barkhad Abdi had never acted.
"This was my first time acting, or even thinking about acting," Abdi tells NPR's Arun Rath.
Captain Phillips is based on a true story: the hijacking of the cargo ship Maersk Alabama. Hanks stars as the title character, Capt. Richard Phillips, and Adbi plays Muse, the man who leads the charge against ship and crew.
Meteorologist Eric Holthaus has made his career monitoring the Earth's climate, and he's alarmed at what he sees. After reading a new, bleak international report on climate change, Holthaus has decided one important way to reduce his carbon footprint is to give up airplane travel for good.
Washington State has finalized rules for recreational marijuana sales, joining Colorado in beginning to create a legal framework for the pot industry. Randy Simmons, deputy director of the Washington Liquor Control Board, says other states and even other countries are watching Washington's developing system very closely.