RadioShack said Tuesday it will close 1,100 retail stores across the country amid a disappointing fourth quarter, in a sign that the electronics retailer is ceding ever-more market share to big box stores and online providers, such as Amazon.
CEO Joseph Magnacca said the closings would leave the company with more than 4,000 U.S. stores still operating. RadioShack did not say which of its stores it planned to shutter.
Revelers across the globe gathered to mark the day before Ash Wednesday, which is known by several names, such as Mardi Gras, Carnival and Fat Tuesday. While parades are the most common form of celebration, a few nations indulge in some twists.
The Carnival in Ivera, Italy, includes a large battle where participants throw oranges. Some revelers in the Carnival de Binche in Belgium dress as Gilles, wearing traditional outfits accented with ostrich feathers.
The U.S. Supreme Court has ruled that a federal whistleblower law, enacted after the collapse of Enron Corporation, protects not just the employees of a public company, but also company contractors like lawyers, accountants, and investment funds.
Writing for the six-justice majority, Justice Ruth Bader Ginsburg said that in enacting the Sarbanes-Oxley law in 2002, Congress provided protection from retaliation for employees and contractors alike to ensure that they would not be intimidated into silence when they knew of corporate wrongdoing.
The District of Columbia Council moved Tuesday to decriminalize some use of marijuana.
The Washington Post reports Mayor Vincent Gray said he intends to sign the bill into law, pitting the district directly against the federal government, which still considers smoking marijuana a criminal offense.
And joining us to talk about Putin's intentions in Ukraine and beyond is the editor of the New Yorker, David Remnick. He's a former Moscow correspondent and is recently back from Sochi. His latest New Yorker column is titled "Putin Goes To War." David, welcome back to the program.
DAVID REMNICK: It's good to talk to you, even though the subject is so grim.
BLOCK: Well, let's talk about that. I was wondering if you heard a very familiar Vladimir Putin world view reflected in those comments at the news conference today.
Secretary of State John Kerry made a high profile visit to Kiev today, showing political support for Ukraine's new government. He promised a billion dollars in loan guarantees. With lesser due, a team from the International Monetary Fund arrived. They're there to assess the state of Ukraine's finances.
Among the delegations heading to Kiev this week, a team from the International Monetary Fund. Its task: to come up with a plan to help Ukraine's ailing economy. And Ukraine's interim government says it needs a lot of help. There are fears it will default on its debt. And that government pensions and state salaries could soon go unpaid.
Joining us is Anders Asland, a senior fellow at the Peterson Institute for International Economics. Welcome to the program.
NPR Music writer and editor Stephen Thompson joins us each week to introduce us to a new song. This week it’s “Fall in Love” by New York electronic rock duo Phantogram. Thompson says Phantogram’s sound is catchy but a little bit challenging.
IBM was once one of the country’s largest employers. Considered a major innovator in the high tech world, IBM was also a place where workers could count on having a job throughout their entire career.
But IBM is now going through a major restructuring after sustaining years of losses. These changes could result in some 13,000 layoffs, both in the U.S. and abroad. Some of these layoffs have already started, but the company will not confirm any numbers.