Minnesota Public Radio Stories

• Petters Group Worldwide files for Chap. 11
  Petters Group Worldwide and a subsidiary have filed for Chapter 11 bankruptcy protection.5:19 p.m.
• Lenders now working to help homeowners avoid foreclosure
  There are signs it could be getting easier for homeowners facing foreclosure to hang on to their homes. That's because lenders are more willing now to modify the terms of their loans.5:23 p.m.
• Jim and Darlyne Lyons: grandparents, bail bond agents
  Jim and Darlyne Lyons' job, in a nutshell, is to lend thousands of dollars to alleged criminals and then hope to come out on top.5:30 p.m.
• Michelle Obama fires up supporters in Minnesota
  Michelle Obama, the wife of Democratic presidential candidate Sen. Barack Obama, is spending the day in Minnesota. She spoke earlier today in Rochester, and is making an afternoon stop in St. Paul.5:50 p.m.

National Public Radio Stories

• The First Woman To Run For President — In 1872
  In the 19th century, Victoria Woodhull was a clairvoyant, a businesswoman and an advocate for women's rights and sexual freedom. But she is best known as the first woman to run for president. Her 1872 campaign came at a time when most women did not even have the right to vote.
• Dow Surges On Global Bailout Plans
  The Dow Jones industrial average has closed up 946 points, its biggest-ever one-day increase. The spike follows a week of massive losses on Wall Street that pushed the Dow below 10,000 points. Jeremy Siegel, professor of finance at The Wharton School of the University of Pennsylvania, attributes Monday's surge in stocks to relief the world's central banks and governments are serious about helping banks.
• A Never-Ending Battle Over Farming With Chemicals
  The Griffieons, who run a 1,150-acre farm in Iowa, disagree about whether to use chemicals on their corn and soybeans. They reserve a 10-acre plot for experiments with organic farming, but the crop yield wasn't as hearty as those sprayed with pesticides.
• Web Site Urges Jewish Voters To Schlep To Fla.
  The Great Schlep is a Web site that urges young Jewish voters to visit their grandparents in Florida and convince them to vote for Democrat Barack Obama in next month's the presidential election. Some young voters are doing just that.
• In Pennsylvania, Democrat Kanjorski In Trouble
  By all accounts, 2008 is shaping up to be a Democratic year. But some Democratic incumbents such as Pennsylvania Rep. Paul Kanjorski are in trouble. He is running against a popular mayor who has made a reputation for himself for his opposition to illegal immigration.
• Some Ask Why Lehman Was Allowed To Fail
  There is a growing consensus that if the current crisis has a proximate cause it is Treasury's decision to let the Wall Street investment firm Lehman Brothers go under. The effects of letting the investment bank collapse are still rippling around the world.
• Paulson Meets With Bank CEOs On Rescue Plan
  Treasury Secretary Henry Paulson has called the CEOs of half-dozen big U.S. banks to a meeting in Washington. Paulson and the CEOs were expected to discuss Treasury's plan to stabilize the financial sector by buying equity stakes in banks.
• Krugman Wins Nobel Prize In Economics
  This year's Nobel Prize in Economic Sciences has gone to Paul Krugman for his theories on how economies of scale affect international trade. Krugman, a professor of economics and international affairs at the Woodrow Wilson School at Princeton University and a columnist for The New York Times, says he was stark naked, about to step into the shower at 6:40 a.m. when his cell phone rang with the news. He called the award "an awesome surprise."
• McCain Campaigns In Va., N.C.
  John McCain has brought his presidential campaign to two states that have been reliably Republican, but this year seem too close to call: Virginia and North Carolina. He has attended rallies in Virginia Beach, Va., and Wilmington, N.C.
• On Afghan-Pakistan Border, Security Worsens
  Afghanistan is more violent than at any time since the war to oust the Taliban seven years ago. The most notable deterioration in security in recent months has been in Afghan provinces bordering Pakistan, places the U.S. military used to tout as the greatest success stories.
• Britain Unveils Plan To Boost Banks
  Britain has said it would provide up to $63 billion to boost the balance sheets of three of the country's largest banks but demanded in return the departure of some of the country's top bankers. Stocks in Britain rose at the news.
• Europe Vows $2 Trillion Backing For Banks
  European governments have promised nearly $2 trillion of support for the banking system in Europe. After the British announcement of massive intervention last week, governments using the euro announced similar measures when they met in Paris Sunday night.
• Dow Jones Posts Biggest One-Day Gain
  Stocks have rallied into positive territory, making their biggest-ever one-day gain. The Dow Jones industrial average closed up more than 900 points. Jason Weisberg, senior vice president of Seaport Securities, says Friday's close, the G-7 meeting and the European rescue plan all contributed to the surge.
• Economy Hurts California's Cities
  As the national economy continues to suffer in the wake of Wall Street's meltdown, California cities are also grappling with the fallout of a troubled state economy hit hard by foreclosures and soaring unemployment.
• Obama Touts Economic Plan In Ohio
  Barack Obama has unveiled what his campaign is calling a major economic address in Toledo, Ohio. The state is crucial for John McCain's campaign. No Republican has won the White House without the Buckeye State, but polls have the state as a tossup.

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