E.U. Leaders Discuss Debt Crisis In Brussels
Wednesday night's E.U. summit in Brussels was at first heralded as the venue for a comprehensive deal that would help Europe's debt crisis — then E.U. leaders started ratcheting back the expectations. Melissa Block talks to NPR's Jim Zarroli for more.
Ex-Goldman Sachs Director Surrenders To FBI
Ex-Goldman Sachs Director Rajat Gupta surrendered to the FBI Wednesday on criminal charges of leaking inside information to the founder of the Galleon Group hedge fund. Michele Norris talks to Ilya Marritz for more.
Obama Unveils New Student Loan Rules
The Obama administration is revising some rules on federally guaranteed student loans. The administration says the changes will make it easier for graduates to repay them. It's making it easier for students to consolidate loans into a single payment and expanding a program that bases payments on a graduate's income. The new rules will affect 7 million of the 36 million student loan borrowers.
Boeing's 787 Makes Its Inaugural Flight
Earlier Wednesday, Boeing's 787 made its inaugural flight from Tokyo to Hong Kong. The plane boasts greater fuel efficiency and a smoother ride, but also has a number of creature comforts — like larger windows, better lighting and more overhead space. The plane is expected to be a game changer for aviation. Michele Norris speaks with AP aviation reporter Scott Mayerowitz, who was on the flight.
At Meeting, Supercommittee Shows Little Progress
The deficit-cutting Supercommittee met Wednesday morning in its first public meeting in more than a month. The group is charged with finding at least $1.2 trillion in budget reductions by Nov. 23. If it fails, automatic, across-the-board cuts follow — a consequence that no one in the Capitol wants.
CBO Report Looks At Top Earners
A new report from the Congressional Budget Office shows that the top 1 percent of earners more than doubled their share of the nation's income in the past three decades. Melissa Block talks to NPR's Scott Horsley about the findings.
Drug Violence Swamps A Once Peaceful Mexican City
The drug violence in Mexico has claimed another victim, the port city of Veracruz. The recent bloodshed is crippling tourism and sowing fear in what, until last year, had been a relatively peaceful part of Mexico. But in a twist, a group calling itself the Zeta Killers is vowing to fight the drug cartel.
Netflix Stock Down 75 Percent From Its July Peak
Netflix does not seem to be able to hit "pause" on the bad news. The stock is down 75 percent from its peak in July when it announced changes to its subscription plans. Since then, the company has lost more than 800,000 subscribers.