NPR's business news begins with a global bank settlement.
It's the big Swiss bank, UBS. It announced this morning that it will pay a total of $1.5 billion in fines for its role in rigging the interbank lending rate known as LIBOR. The settlement will be paid to Swiss, British and American regulators.
Greece got a rare bit of good news late yesterday. Standard and Poor's upgraded the country's credit rating six notches to a B minus. I mean, not the worst grade on your report card, but in the financial world this is junk bond status.
Still, Joanna Kakissis reports from Athens that there is a more stable outlook.
Pakistani gunmen staged new attacks Wednesday on health workers carrying out a nationwide polio vaccination program. Six workers were killed Tuesday as they went house to house to administer the immunizations to area children in Karachi and the northwest city of Peshawar.
Although there were additional attacks, the Pakistani government vowed to continue the vaccination campaign — and eradicate the disease — even if there is bloodshed.
If the sheer variety of holiday music that pops up each winter is any indication, there's no genre that can't handle a little Christmas spirit. This year, Louisiana country singer Sammy Kershaw decided to test that theory with the sounds of the bayou. His new album of Cajun-infused holiday songs is called A Sammy Klaus Christmas.
A visitor handles a revolver at a Smith & Wesson display during the NRA Annual Meetings and Exhibits on April 14 at America's Center in St. Louis, Mo.
Credit Whitney Curtis / Getty Images
Dan Gross, president of the Brady Campaign to Prevent Gun Violence, calls on Congress to address gun violence at a news conference on Capitol Hill on Tuesday. More than 20 family members and victims of mass shootings across America joined him.
They used to call it the "vanity press," and the phrase itself spoke volumes. Self-published authors were considered not good enough to get a real publishing contract. They had to pay to see their book in print. But with the advent of e-books, self-publishing has exploded, and a handful of writers have had huge best-sellers.
I've never had any interest in hunting. Among other things, I'm a terrible shot, but I have friends who hunt, and it appears to me to be a perfectly reasonable sports hobby — certainly every bit as honorable as fantasy football. Moreover, shooting a deer or a duck with a bullet seems to me no more inhuman than catching a trout or a marlin with a hook.
Oh, sometimes I get a little piqued that those who hunt and fish are ennobled as "sportsmen," while people who play golf are just golfers and people who bowl are just bowlers. But then, that's just me being picayune.
Inouye's wife, Maggie, waves to a neighbor as she, the senator and son Kenny prepare to leave their home, Aug. 4, 1973, in Bethesda, Md.
Credit Bill Weems / AP
In this Jan. 9, 1963, file photo, Daniel Inouye takes the Oath of Office as Democratic senator from Hawaii from Vice President Lyndon Johnson in a re-enactment of the swearing in ceremony in Washington, D.C.
Inouye and Sen. John M. Montoya, D-N.M., are shown during the Watergate Senate hearings on Capitol Hill, Aug. 2, 1973.
President Clinton presents the Medal of Honor to Inouye, one of 22 Asian-American soldiers receiving the Medal of Honor for service in World War II, June 21, 2000, at the White House in Washington.
Credit Joe Marquette / AP
U.S. Rep.-elect Daniel K. Inouye of Hawaii and his wife, Margaret, wave as they arrive at Friendship Airport in Washington, D.C., Aug. 9, 1959.
Seeking the U.S. Senate seat from Hawaii is Democrat Daniel K. Inouye, shown in this 1962 photo.
Inouye, escorted by Army Gen. Charles Taylor, inspects the troops outside the Pentagon during the annual National POW/MIA Recognition Day ceremony Sept. 14, 2004. Inouye lost his arm in World War II combat.
Credit Matthew Cavanaugh / Getty Images
Secretary of the Army John McHugh greets Inouye before a hearing of the Senate Appropriations Committee March 21 in Washington, D.C.
Credit Win McNamee / Getty Images
Senate Appropriations Committee Defense Subcommittee Chairman Daniel Inouye delivers an opening statement during a hearing on the proposed Army budget estimates for fiscal year 2012 on Capitol Hill, May 18, 2011.
Hawaii Democrat Daniel Inouye, the Senate's senior member, died at a Bethesda, Md., hospital Monday. He was 88 years old and was suffering from a respiratory ailment. The Japanese-American was known for his heroism in World War II and for breaking racial barriers.
Born to Japanese immigrants in Hawaii in 1924, the young Inouye dreamed of becoming a surgeon, but world events intervened as he was listening to the radio on Sunday morning, Dec. 7, 1941.