General Motors has announced a big hit to first-quarter earnings, largely due to costs for recalls. Profits dropped nearly 90 percent from last year, with the company making a razor-thin profit of $100 million, GM said Thursday.
Meanwhile, GM has yet to explain why it took 10 years to issue one of the recalls for a defective ignition switch. Some critics believe the automaker's dysfunctional culture is to blame.
But the recall crisis could speed up a culture shift that's already underway.
U.S. postal workers took to the streets Thursday to protest in front of Staples office supply stores around the country. At issue is a decision to open Postal Service counters in Staples stores — something they say is siphoning away union jobs.
The postal workers' grievances come as their employer faces pressures to find new avenues of business.
Both the American Postal Workers Union and the leadership of the U.S. Postal Service lay claim to be fighting for the same cause: safeguarding the long-term future of one of the largest employers in the country.
Google, Intel, Facebook and many other tech giants are pooling their money together — for the first time — to fix a glaring hole in cybersecurity. They're launching a multimillion-dollar fund to protect open-source code — the code that anyone can use for free, and that often gets overused and underprotected.
Turkey has seen its share of political controversies lately, including large protests and a government ban of Twitter. Despite that, the ruling party appears to be maintaining its popularity. But now it may face a split in its highest ranks. There's competition brewing between its two main figures: President Abdullah Gul and Prime Minister Recep Tayyip Erdogan.
NPR's Peter Kenyon reports from Istanbul that many are wary of Erdogan's growing power.