Climatologist Seeley on fog in late January MPR's Cathy Wurzer spoke with University of Minnesota Climatologist Mark Seeley about more unusual weather this winter, including lots of fog in the past few days.6:55 a.m.
U of M's AD says he wanted to keep his job a bit longer University of Minnesota athletic director Joel Maturi will step down from the job this summer. The university announced yesterday that Maturi's last day will be June 30, 2012, when his current contract runs out. After that, he'll remain on staff at the university for another year, as a special assistant to U of M president Eric Kaler.8:45 a.m.
National Public Radio Stories
Regulator: Freddie Investments 'Nothing Unusual'
Senators on Capitol Hill have criticized Edward DeMarco for the investment practices of Freddie Mac. DeMarco heads the federal agency that controls Freddie Mac and Fannie Mae. NPR and ProPublica reported that certain trades at Freddie Mac amounted to bets against homeowners being able to refinance their mortgages. DeMarco tells Morning Edition's Steve Inskeep that the trades were not particularly risky, and would not have prevented homeowners from refinancing their loans.
Facebook's Early Investors May Have Much To Like
An IPO filing provides a window into wealth. In the case of Facebook, the wealth will likely be enormous and spread across hundreds if not thousands of early investors and employees. The number of millionaires and billionaires in Silicon Valley grew noticeably Wednesday.
Will Trump's Endorsement Get Romney Hired?
Real estate mogul and Apprentice star Donald Trump endorsed Mitt Romney for president in Las Vegas Thursday. Analysts suggest Trump's endorsement could hurt Romney since he is trying to fend off accusations that he doesn't care about the poor.
Cheap Chic: Couture Comes To Discount Retailers
It used to be unthinkable for high-end designers to sell their clothes at mass retailers. Now they regularly team up with Gap, Macy's and Target to bring fashion to the masses. The arrangement can help both the designers and the retailers.
Justice Department Lawyers Play Role In Guantanamo
Justice Department and Pentagon officials have worked to create a military commission system that mirrors federal courts in the U.S. One way they're doing that: Justice Department lawyers are teaming with military prosecutors at Guantanamo, preparing the cases against the alleged Sept. 11 conspirators.
Why IMF Loans Always Get Repaid
Greece is trying to make a deal to slash the amount of money it owes bondholders. Hedge funds will take significant losses. But the International Monetary Fund also loaned Greece a lot of money, and it will be paid back in full. If the IMF isn't paid back, most countries will not lend Greece any more money.
House To Take Up Bill To Ban Insider Trading
The measure would explicitly prohibit members of Congress, top aides and senior administration officials from using nonpublic information to trade. The Senate passed its version of the bill Thursday.
Connecticut Considers Allowing Sunday Liquor Sales
Connecticut is one of two states that ban the sale of alcohol on Sundays. That means residents have to plan ahead for Super Bowl parties. Governor Dannel Malloy says lifting the Sunday ban would make the state more competitive with its neighbors.
United-Continental Merger Is 'Endless Decisions'
United and Continental Airlines have been engaged in the enormous task of merging. Drake Bennett writes for Bloomberg Businessweek magazine, and he tells Renee Montagne that merging means "endless decisions, from uniforms to coffee."