News From NPR

The Two-Way
6:13 pm
Fri July 19, 2013

SEC Charges Hedge Fund Billionaire Steven Cohen

Steven A. Cohen, founder and chairman of SAC Capital Advisors, is interviewed in Las Vegas in 2011.
Steve Marcus Reuters/Landov

Originally published on Fri July 19, 2013 6:52 pm

The SEC on Friday filed civil charges against Steven A. Cohen, the founder of hedge fund SAC Capital Advisors, accusing the billionaire of failing to prevent insider trading.

The Securities and Exchange Commission in a statement Friday afternoon said:

Read more
The Two-Way
5:14 pm
Fri July 19, 2013

How President Obama 'Showed His Brother Card'

President Obama during his appearance at the White House on Friday.
Saul Loeb AFP/Getty Images

Originally published on Fri July 19, 2013 8:25 pm

(Click here for updates we added after this post was published.)

Read more
Business
5:14 pm
Fri July 19, 2013

New Smartphone Upgrade Plans Can Be Costly In The Long Run

Nearly 60 percent of Americans have smartphones, up from just 8 percent five years ago.
Justin Sullivan Getty Images

Originally published on Fri July 19, 2013 6:12 pm

Three of the four major wireless companies are out with new plans for those who want the latest smartphone sooner. The plans, with names like Verizon Edge and AT&T Next, essentially let you rent a phone for six months or a year and then trade it in for a new one — but there's a catch.

"You're paying essentially twice," says Avi Greengart, who is research director for consumer devices at Current Analysis and does some consulting for the industry.

Read more
The Two-Way
4:17 pm
Fri July 19, 2013

Chicago School System Plans More Layoffs

The Chicago Public Schools system is again in the spotlight after announcing late Thursday that it will lay off more than 2,100 employees — nearly half of them teachers. The laid-off educators account for 4 percent of the system's faculty, reports the Chicago Sun-Times.

Read more
The Two-Way
4:14 pm
Fri July 19, 2013

John Kerry: A 'Basis' For New Israeli-Palestinian Talks

Secretary of State John Kerry meets with Palestinian President Mahmoud Abbas in Ramallah, West Bank, on Friday. Shortly afterward, Kerry announced a "basis" for the Israelis and Palestinians to resume peace negotiations.
Fadi Arouri Pool/Getty Images

Originally published on Sun July 21, 2013 8:45 am

Nothing ever seems to come easy in the Middle East, but Secretary of State John Kerry said Friday that there was "a basis" for a new round of Israeli-Palestinian peace negotiations, which would be the first such talks in several years.

Kerry made the announcement in Amman, Jordan, after a series of discussions with Palestinian and Arab leaders.

"We have reached an agreement that establishes the basis for resuming direct final status negotiations between the Palestinians and the Israelis," Kerry said. "This is a significant and welcome step forward."

Read more

Pages