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It's All Politics
6:15 pm
Fri July 13, 2012

Romney Defends Timing Of Bain Tenure; Time Will Tell If It Matters

Once upon a time — just a few weeks ago, in fact — the story of Bain Capital was a useful and easy one for Mitt Romney. His years running the private equity firm had taught him how jobs are created, a skill he would bring with him to the White House.

And what of the negative consequences from Bain's involvement in various companies? The layoffs? The plant closings? The outsourcing of jobs to China?

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Politics
6:01 pm
Fri July 13, 2012

Immigration Spurs A Rare Split Among Ariz. Mormons

Paul Morgan met his wife, Evelyn Oyuki Morgan, during his two-year Mormon mission to Mexico. Today, they belong to a Spanish-speaking Mormon congregation and speak Spanish at home with their two daughters, Isabella and Amaya.
Andrea Hsu NPR

Originally published on Fri July 13, 2012 9:34 pm

Mitt Romney is the most famous Mormon running for office this fall. But he's far from the only one.

In Arizona, two other members of the Church of Jesus Christ of Latter-day Saints — Rep. Jeff Flake and businessman Wil Cardon — are vying for the Republican nomination for the U.S. Senate.

All three candidates have said they'll be tough on immigration. And while Mormons in Arizona have been closely identified with conservative politics, the immigration debate has exposed a rare divide on the issue.

Shared Faith, Different Political Views

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London 2012: The Summer Olympics
5:32 pm
Fri July 13, 2012

Thousands Of British Troops On Olympic Guard Duty

A British military missile battery, part of the Olympic security plan, is seen from an aircraft in south London. Organizers have been criticized for relying on a military presence for the 2012 Games.
Alastair Grant AP

When a private firm failed to meet its promise of providing enough guards for the Olympics, the British military was called in to "mind the gap" in security.

But even though the government is bringing in those troops — as well as RAF Typhoon combat jets, surface-to-air missiles on rooftops, and an aircraft carrier on the River Thames — organizers say it will still look like the Summer Games, and not war games.

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The Two-Way
5:30 pm
Fri July 13, 2012

Romney: 'No Role Whatsoever In Management Of Bain' After '99

Originally published on Mon July 16, 2012 12:14 am

Mitt Romney stuck to his guns in interviews with the major news networks, this afternoon.

"I had no role whatsoever in the management of Bain Capital after February of 1999," Romney told CNN.

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All Tech Considered
5:26 pm
Fri July 13, 2012

Apple's Change Of Heart On Green Certification

Attendees of Apple's 2012 World Wide Developers Conference look at the new MacBook Pro with Retina display.
Justin Sullivan Getty Images

Originally published on Fri July 13, 2012 9:24 pm

It's not often that one of the world's biggest companies says, "We goofed."

But in a surprising turn of events Friday, Apple admitted it made a mistake in pulling out of an environmental rating system for computers and other electronics. The company said it would rejoin the so-called EPEAT certification system, placing all 39 of its originally certified products back on the list. The company is also requesting certification for more products, including its new MacBook Pro model.

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The Two-Way
4:52 pm
Fri July 13, 2012

Visa, MasterCard Come To More Than $6 Billion Settlement With Retailers

Originally published on Fri July 13, 2012 8:31 pm

Visa and Mastercard have announced that they will pay retailers more than $6 billion to settle several class-action and individual lawsuits retailers have filed since 2005.

According to a Wall Street Journal story from earlier this month, the settlement stems from complaints that Visa and MasterCard, the largest card-payments networks in the world, prohibited retailers from imposing surcharges to customers using those credit cards.

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Business
4:52 pm
Fri July 13, 2012

Documents Lift Veil On Bank-Rate-Rigging Scandal

Police wait for protesters to appear at a branch of Barclays Bank in London on July 4.
Olivia Harris Reuters/Landov

Originally published on Fri July 13, 2012 9:24 pm

As the financial crisis began to unfold in 2007, the New York Federal Reserve learned that some banks might have intentionally underestimated the rates they expected to pay for loans from other banks.

Documents the New York Fed released Friday, in response to a request from Congress, show that the banking regulator began to be concerned about the accuracy of LIBOR — or the London Interbank Offered Rate — late in 2007.

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Planet Money
4:48 pm
Fri July 13, 2012

What's It Mean That Romney Was CEO, Anyway?

Evan Vucci AP

Originally published on Mon July 16, 2012 8:47 am

Mitt Romney faces new scrutiny over his time at the helm of Bain Capital, the private equity shop he ran from 1984 until — well, that's exactly the question.

The political fight of the moment is just when Romney stopped running Bain Capital, which specialized in buying troubled companies and turning them around.

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The Two-Way
4:14 pm
Fri July 13, 2012

Richard Zanuck, Producer Of 'Jaws' And 'Driving Miss Daisy,' Dies

Richard Zanuck at 29 in 1964.
AP

Richard Zanuck, the Oscar-winning producer of films like Jaws and Driving Miss Daisy, died today from a heart attack.

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It's All Politics
4:09 pm
Fri July 13, 2012

Why New Swing State Of Virginia May Determine Presidency

President Obama clasps hands with Sen. Mark Warner (left), D-Va., and Democratic Senate candidate Tim Kaine during a campaign stop Friday in Virginia Beach, Va.
Susan Walsh AP

Originally published on Fri July 13, 2012 4:30 pm

Yes, Virginia, you are this election year's Santa Claus.

And it could be your bag of 13 presidential electoral votes that will be the key to deciding who occupies the White House in January.

Proof of Virginia's gathering importance?

President Obama is in the midst of a two-day Virginia campaign swing. Republican candidate Mitt Romney dispatched former New York Mayor Rudy Giuliani to counterattack Friday.

The airwaves are awash in campaign ads, and there's a veritable who-has-more-campaign-offices arms race well under way.

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