Minnesota senators help pass bailout bill Minnesota's two U.S. senators voted last night in favor of the $700 billion financial rescue package. A number of changes were made which could convince Minnesota's House members, who voted against the bill the first time, to vote for it when it's reintroduced on Friday.7:20 a.m.
6th District candidates disagree on bailout, Iraq The three candidates for congress in Minnesota's 6th District met for their first debate last night in Stillwater. The proposed federal bailout of the financial industry dominated the event.7:25 a.m.
Congressmen unswayed by changes to bailout bill The U.S. House is expected to take up the $700 billion financial rescue plan Friday. Morning Edition's Cathy Wurzer spoke with 7th District Rep. Collin Peterson and 1st District Rep. Tim Walz, both of whom voted against the bill earlier this week.7:40 a.m.
Theater productions use big stars to draw audience The new production of Peter Shaffer's "Equus" has received a good deal of attention on Broadway. It might have just been another revival, but the marquee boasts the name of Daniel Radcliffe, star of the "Harry Potter" movies. Morning Edition arts commentator and St. Paul Pioneer Press theater critic Dominic Papatola weighs in on celebrity casting.8:25 a.m.
National Public Radio Stories
House Gets Another Turn At Passing Bailout Bill
The Senate passed the Wall Street rescue plan Wednesday by a significant margin. Presidential hopefuls Barack Obama and John McCain were among the 74 senators who approved the bailout. The legislation moves to the House, where party leaders are more confident it will pass this time due to tax breaks added to the $700 billion plan.
Businesses Operate In Tightened Credit Market
In recent days, businesses, large and small, have been scrambling to convince lawmakers that the troubles on Wall Street are hitting Main Street. Companies need more cash but it is getting harder to borrow. Family businesses and CEO's of the nation's largest companies say the credit crisis is spreading.
Unemployed Women Wait For Phone To Ring
With the economy heading down, unemployment is heading up. Three unemployed women from Nashville, Tenn., talk with Renee Montagne about the challenges finding a new job. The group includes a former bank employee looking for a job for almost a year, an assembly line worker at a car parts plant that moved to Mexico and a former manager of a bank in Japan who has had trouble finding a job since returning to America.
Letters: Sounding Off On The Financial Crisis
Listeners wrote in on the financial crisis, including a Michigan man who says leaders of financial firms and the government should be jailed for economic terrorism. Also, many listeners thought Iran's president was interrupted too many times during last week's interview.
FDIC Considers Insuring Larger Bank Accounts
The FDIC, which insures deposits to prevent runs on banks, doesn't get much attention outside of times like these. But amid heightened distrust of banks, Congress and the FDIC are considering increasing the size of the accounts the agency can insure by more than double.
Think You're Multitasking? Think Again
Don't believe the multitasking hype, scientists say. New research shows that we humans aren't as good as we think we are at doing several things at once — but it also found a skill that gives us an evolutionary edge. Researchers say humans are merely very good at switching their attention from task to task.
New Genetic Test Detects Flu Faster
The government this week approved a new genetic test for the flu virus. It will allow labs across the country to identify flu strains within four hours instead of four days. Renee Montagne reports.
Buffett's Berkshire Hathaway Brings GE To Life
Warren Buffett's company is investing three billion dollars in General Electric. The stock has fallen 42 percent in the past year. Buffett says he is confident that GE will continue to be successful. Berkshire Hathaway last week invested $5 billion in Goldman Sachs after the investment bank's shares dropped.
Auto Sales Plunge As Credit Crisis Worsens
Consumers worries over the U.S. economy have taken a big toll on auto sales. Ford, Chrysler and Toyota all reported sales off by more than 30 percent last month. General Motors posted a 16 percent decline. Dustin Dwyer reports for Michigan Radio.
Credit Crunch Pushes Car Dealers Over The Edge
In suburban Atlanta, some car dealers are seeing major drops in the purchase of new and used cars. They say the sales decreases are tied to a broader, national credit crunch and uncertainty about the economy. Some dealerships already have filed for bankruptcy.