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