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Business
11:07 am
Fri April 18, 2014

Wal-Mart To Offer Money-Transfer Service

Originally published on Fri April 18, 2014 11:10 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with wiring from Wal-Mart.

(SOUNDBITE OF MUSIC)

MONTAGNE: The giant retailer is taking another step into banking. The company says it's launching a money transfer service next week. It'll go head-to-head with Western Union and MoneyGram in a market worth about $900 billion. But Wal-Mart says it will offer lower fees. Western Union and MoneyGram's stock both dropped on the news. Transcript provided by NPR, Copyright NPR.

The Two-Way
10:54 am
Fri April 18, 2014

Pakistani Madrassa Names Its Library For Osama Bin Laden

Osama bin Laden is referred to as a shaheed, or martyr, on a sign outside the library at a girls' school in Islamabad.
Aamir Qureshi AFP/Getty Images

A sign now outside the small library at a religious school for girls in Pakistan's capital says the room has been named for a martyr — Osama bin Laden, whose al-Qaida terrorist network was responsible for the Sept. 11, 2001, terrorist attacks that killed more than 3,000 people in New York, Pennsylvania and Virginia.

"For us he was a hero of Islam," a school spokesman tells Agence France-Presse.

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The Two-Way
9:34 am
Fri April 18, 2014

Deal In Doubt As Separatists Refuse To Budge In Ukraine

A masked pro-Russia gunman looks through a window of a regional administration building seized earlier in Donetsk, Ukraine.
Sergei Grits AP

Originally published on Fri April 18, 2014 10:49 am

"Armed pro-Russian separatists in eastern Ukraine said Friday that they were not bound by an international deal ordering them to disarm and were looking for more assurances about their security before leaving the public buildings they are holding," Reuters reports.

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The Two-Way
8:56 am
Fri April 18, 2014

Tragedy Atop The World: Everest Avalanche Kills At Least 12

The sun shines on the peak of Mount Everest in this October 2011 photo. On Friday, an avalanche killed at least 12 Sherpas on the mountain.
Kevin Frayer AP

Originally published on Fri April 18, 2014 12:58 pm

At least 12 Sherpa guides died Friday on Nepal's side of Mount Everest when an avalanche buried them on the world's tallest mountain.

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The Two-Way
7:06 am
Fri April 18, 2014

Captain Of Korean Ferry Arrested As Vessel Sinks Below Surface

Cranes, ships and other rescue equipment are on the scene off the southern coast of South Korea, where a ferry capsized Wednesday. About 270 people, most of them high school students, remain missing.
Kim Hong-Ji Reuters/Landov

Originally published on Fri April 18, 2014 4:28 pm

The captain of the South Korean ferry that sank earlier this week in the Yellow Sea, leaving at least 28 dead and hundreds missing, has been arrested, along with two other crew members, South Korea's Yonhap news agency says.

The 69-year-old captain, Lee Jun-Seok, faces five counts including negligence of duty and violation of maritime law, Yonhap says.

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