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Planet Money
4:31 pm
Fri January 10, 2014

How A Community Bank Tripped On Footnote 1,861 Of The Volcker Rule

Originally published on Fri January 17, 2014 11:05 am

When people talk about the Volcker Rule, they often mention JPMorgan Chase, the giant bank where a trader recently made a bad bet that lost $6 billion. The Volcker Rule is supposed to put an end to that sort of thing, by prohibiting banks from trading with their own money.

But some banks that are very, very different from JPMorgan Chase are struggling with an obscure provision in the rule. Specifically, footnote 1,861, which bars banks from investing in something called trust-preferred securities — a rather obscure investment favored by lots of small, community banks invest

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Sports
4:09 pm
Fri January 10, 2014

A Story Of The Boston Marathon Bombing, As Told On Skates

Ross Miner skates during the men's short program at the 2013 Skate Canada International last year. He hopes to qualify for the upcoming Winter Olympics.
Dave Sandford Getty Images

Originally published on Fri January 10, 2014 6:48 pm

Ross Miner is among those competing for a spot on the U.S. Men's figure skating team Friday night in Boston. He is a hometown favorite who is bringing some local flavor to his performance — he's going to tell the story of last year's Boston Marathon bombing.

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The Two-Way
2:59 pm
Fri January 10, 2014

Dying Stars Write Their Own Swan Songs

This composite image shows new details of the aftermath of a massive star that exploded and was visible from Earth over 1,000 years ago.
Chandra X-ray Observatory Center NASA

Originally published on Fri January 10, 2014 6:48 pm

Alicia Soderberg studies the death of stars. Often, these final moments come as violent explosions known as supernovae. They're spectacular events, but catching one as it unfolds can be tricky.

"You have to be in the right place at the right time, and often we're not," says the professor in Harvard's astronomy department. "So all you can do is do a stellar autopsy and go back and try to pick up the pieces and try to figure out what happened."

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Asia
2:52 pm
Fri January 10, 2014

An Execution In North Korea Has A Chilling Effect In China

The Chinese and North Korean flags are seen attached to a railing as trucks carrying Chinese-made goods cross into North Korea on the Sino-Korean Friendship Bridge at the Chinese border town of Dandong on Dec. 18, 2013. Ties between the two longtime allies are strained after the execution of the North Korean official in charge of economic relations with China.
Mark Ralston AFP/Getty Images

Originally published on Fri January 10, 2014 6:48 pm

North Korean leader Kim Jong Un shocked the world last month when he accused his uncle and mentor of treason and had Jang Song Thaek executed.

The consequences of that purge are reaching beyond North Korea's border. Jang had been in charge of trade with China, and his death has had a chilling effect on ties with North Korea's neighbor and longtime ally.

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All Tech Considered
2:11 pm
Fri January 10, 2014

Tech Week That Was: CES, T-Mobile CEO And Predictions For 2014

John Legere, CEO and president of T-Mobile USA, crashed rival AT&T's Consumer Electronics Show party and won a slew of free publicity as a result.
John Moore Getty Images

Originally published on Fri January 10, 2014 4:12 pm

It's 2014 and we're back to full team strength, which means we've returned with your guide to the week's previous tech coverage on NPR (in case you missed it) and from our friends at what seems like an ever-growing crop of tech journalism organizations.

ICYMI

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Business
1:46 pm
Fri January 10, 2014

What's Behind The Drop In Unemployment

Shoppers make a purchase at an outlet mall in Los Angeles. Employers added 55,000 jobs in the retail sector in December.
Gus Ruelas Reuters/Landov

Originally published on Fri January 10, 2014 2:20 pm

Whether you had a job or were looking for one, December was a gloomy month.

The Labor Department said Friday that for December, employers added only 74,000 jobs — about a third as many as most economists had been predicting. That was the lowest level of job creation in three years — not exactly the news that 10.4 million job seekers wanted to hear.

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Shots - Health News
1:42 pm
Fri January 10, 2014

Half Of A Drug's Power Comes From Thinking It Will Work

iStockphoto

Originally published on Fri January 10, 2014 2:37 pm

When you take a pill, you and your doctor hope it will work — and that helps it work.

That's not a new idea. But now researchers say they know just how much of a drug's effect comes from the patient's expectation: at least half.

When patients in the midst of a migraine attack took a dummy pill they thought was a widely used migraine drug, it reduced their pain roughly as much as when they took the real drug thinking it was a placebo.

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Politics
12:47 pm
Fri January 10, 2014

Digging Into 'Duty: Memoirs Of A Secretary At War'

Originally published on Mon January 27, 2014 11:48 am

Transcript

MICHEL MARTIN, HOST:

We'd like to turn now to a story getting a lot of buzz in Washington. "Duty: Memoirs of a Secretary at War," written by former Defense Secretary Robert Gates, isn't scheduled to be released until next week, but some journalists have already gotten their copies and it's already making headlines.

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BackTalk
12:47 pm
Fri January 10, 2014

Listeners Weigh In: Transgendered Students Choosing Bathrooms

Transcript

MICHEL MARTIN, HOST:

And now it's time for BackTalk. That's where we hear from you. Editor Ammad Omar is back with us once again. What's going on Ammad?

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Around the Nation
11:45 am
Fri January 10, 2014

On Monday's Show: Former Defense Secretary Robert Gates

Transcript

DAVID GREENE, HOST:

Former Defense Secretary Robert Gates has been making news all week with his forthcoming memoir. Gates recounts his years leading the Pentagon under both Presidents Bush and Obama during a time of two wars. Yesterday, Gates sat down with Steve. It was his first interview since his book exploded in the headlines, and he's arguing that the book is being misconstrued. We will be broadcasting the interview Monday, but thought we'd take a chance to preview it with Steve here in the studio.

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