NPR's business news starts with a delay in Arctic drilling.
A controversial oil drilling project in Arctic waters off Alaska is being pushed back to next year. Oil giant Shell blames a combinations of problems with an oil containment device, drifting sea ice and the need for permits. This is the second delay this year in oil companies search for oil in the Arctic. In July, BP shelved its plans to drill in the Beaufort Sea because of new stricter safety standards. Transcript provided by NPR, Copyright National Public Radio.
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Mitt Romney says he's standing by the substance of his comments about American voters. A recording first revealed by Mother Jones magazine captured Romney at a fundraiser. He said 47 percent of Americans are hopelessly lost to President Obama, that they pay no income taxes, quote, "think they are victims, that they're entitled," and that he can't make them take responsibility or care for their lives.
The trial of the former police chief who ignited the worst political scandal in China in decades wrapped up today. Wang Lijun is accused of trying to defect to the U.S. and covering up a murder involving the wife of a one-time powerful Communist Party official. NPR's Frank Langfitt has been following the trial from Shanghai.
And first, Frank, remind us what this case is all about.
Space shuttle Endeavour begins a kind of farewell tour this week. The shuttle will set off on a cross-country trip to its retirement home, flying from Florida to Los Angeles on the back of a modified jumbo jet.
Along the way, the spaceship will stop off in Houston, home of NASA's Mission Control and, weather permitting, fly over NASA centers and various landmarks in cities that include San Francisco and Sacramento.
When it comes to healing the wounds of its troubled racial past, the United States is still in its "adolescent phase," says novelist Attica Locke. The 2008 presidential election changed everything she had been taught about race, she says — and, as an African-American writer, she felt compelled to write about that new reality. The result is The Cutting Season, a thrilling, century-spanning story of two murders.
China's state-run media is warning that Japan could endure another "lost decade" of economic stagnation should Beijing resort to trade retaliation over Japan's purchase of disputed islands.
The warning comes amid a surge of anti-Japanese nationalism across China that sparked huge and sometimes violent protests over the weekend. As the economic cost of the protests begins to escalate, it's becoming clearer exactly who might be behind them.