And let's stay in the land of milk and honey, because our last word in business takes us to a barnyard venture that is solving to very old problems at once. The first is keeping unwanted plants out of a productive vegetable garden. The second, more existential problem is finding a suitable romantic partner. And the last word is weed dating.
On a Monday, it's MORNING EDITION from NPR News. I'm Steve Inskeep.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
President Obama will be in the swing state of Ohio again today. He'll be holding his first big town hall meeting of the campaign in Cincinnati. And the president will likely continue his campaign attack against Mitt Romney's record of what Democrats characterize as sending jobs overseas while he was the head of Bain Capital. Over the weekend, the president said he would not apologize for those attacks.
Imagine going into bankruptcy with billions of dollars in cash still in your bank account. That's what American Airlines did last November. The thinking was that management would gut the company's pensions and union contracts and emerge from bankruptcy ready to compete.
But then US Airways said it could take over American and be profitable, and it wouldn't have to hurt American's employees nearly as bad in the process. American's pilots, mechanics and flight attendants loved that idea.
"Thirty years ago, a positive HIV status was considered a death sentence. As treatments for the disease have advanced over the past three decades, we're wondering how younger people view the disease today."
Hundreds of people e-mailed and commented with their reactions. We also gathered reactions from young folks we met on the street.
The largest bank in the U.S., JPMorgan Chase, this morning released its second quarter results. It's net income was $5 billion, but it turns out that loses in a failed hedging strategy involving a secretive trader were much higher than what the bank originally said the loss would be. In fact, JPMorgan lost $4.4 billion last quarter on those risky trades.
As NPR's Yuki Noguchi reports, that's not the full extent of the firm's damage.