Business
3:00 am
Wed October 5, 2011

Apple's Latest iPhone Underwhelms Investors

Transcript

LYNN NEARY, host: Samsung says it will file court injunctions in France and Italy to try and block the sale of Apple's latest iPhone, citing patent infringement. Apple unveiled its latest version of the popular smartphone just yesterday. As NPR's Wendy Kaufman reports, the new device, called the 4S, didn't make the usual splash.

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Europe
3:00 am
Wed October 5, 2011

Public Sector Workers Strike Paralyzes Greece

Originally published on Wed October 5, 2011 4:28 pm

Transcript

LYNN NEARY, HOST:

It's MORNING EDITION from NPR News. I'm Lynn Neary. Steve Inskeep is away.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

We're going to hear now about the continuing economic woes of Greece. It's one of the small European Union countries drowning in debt. Today it faces yet another protest. This time, a general strike by workers in the public sector furious about more cuts aimed at them. The pressure to shrink the government payroll is coming from international creditors.

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Business
3:00 am
Wed October 5, 2011

The End May Be Near For TV's 'Simpsons'

Transcript

LYNN NEARY, host: Our last word in business today is...

(SOUNDBITE OF THEME SONG FROM TV SHOW, "THE SIMPSONS")

UNIDENTIFIED GROUP: (Singing) The Simpsons.

NEARY: The animated comedy "The Simpsons" is in its 23rd season, and there may not be a 24th. The actors who voice the parts of Homer, Bart and other key characters are fighting with 20th Century Fox over pay. Fox says it may end the hit comedy if an agreement can't be reached. The actors reportedly make about $8 million a season. Fox wants them to take a 45 percent pay cut.

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Business
3:00 am
Wed October 5, 2011

Bank of New York Mellon Faces 2 Government Suits

Originally published on Wed October 5, 2011 4:28 pm

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with lawsuits against a big New York bank.

(SOUNDBITE OF MUSIC)

MONTAGNE: The Bank of New York Mellon is facing two more government lawsuits involving its currency trading business. The suits were filed yesterday by the Manhattan U.S. attorney and New York attorney general. The lawsuits accuse the bank of promising clients, including public pension funds, the best exchange rate, then giving them the worst rate and pocketing the difference.

Sports
3:00 am
Wed October 5, 2011

NBA Labor Talks Break Down, Preseason Canceled

Originally published on Wed October 5, 2011 4:28 pm

Transcript

RENEE MONTAGNE, HOST:

National Basketball Association players and owners are not any closer to settling their labor dispute. With the season scheduled to begin on November 1st, there's a real chance regular season games could be lost. After yesterday's talks ended without much success, league commissioner David Stern officially cancelled the remainder of the preseason. Joining us for more on this dispute is NPR's Mike Pesca.

Good morning.

MIKE PESCA, BYLINE: Hello.

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Education
3:00 am
Wed October 5, 2011

Thieves Scam Aid From Online Education Sites

The Department of Education says that as distance learning has grown so has fraud. An inspector general's report found that scam artists are taking advantage of the popularity of online education to steal federal education money.

Around the Nation
3:00 am
Wed October 5, 2011

USDA Wants To Limit Potatoes In School Lunches

The Agriculture Department plans to limit potato consumption among schoolchildren to two servings a week. But politicians and farmers in potato-growing states such as Maine say the spud is being unfairly targeted. As it turns out, schoolchildren have strong opinions about potatoes too. Josie Huang of Maine Public Radio reports.

Middle East
3:00 am
Wed October 5, 2011

U.N. Resolution Against Syria Fails In Security Council

The U.N. Security Council has failed to agree on what to do about Syria's brutal crackdown on anti-government protesters. Tuesday night, Russia and China vetoed a resolution condemning Syria, even after the text was watered down and stripped of any threats of sanctions.

Economy
3:00 am
Wed October 5, 2011

How Greece's Financial Crisis Hurts The U.S. Economy

David Wessel, economics editor of The Wall Street Journal talks to Lynn Neary about why the economic situation in Greece is affecting European banks and the U.S. financial picture.

Business
11:01 pm
Tue October 4, 2011

Is Nostalgia Enough To Save Friendly's?

Ever since two brothers opened the first Friendly's ice cream shop in Massachusetts 75 years ago, the company has been serving up as much "family and feel good" as it has french fries and frappes.

"My grandma would take me and my brother out and we would always get the watermelon slice," says 23-year-old Lisa Lane. "Ah! The watermelon slice!"

Fans like Lane helped Friendly's expand to more than 600 locations by the 1980s.

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