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NPR Story
2:55 am
Tue July 3, 2012

Business News

Originally published on Tue July 3, 2012 5:53 am

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with another bye-bye at Barclays.

NPR Story
2:55 am
Tue July 3, 2012

Daycare Needs Stretch Around The Clock

Originally published on Tue July 3, 2012 3:29 am

As more people take shift work in the still struggling economy, the need for after hours child care has increased. Throughout the country, many daycare centers have begun offering evening hours or 24-hour care. Parents say their kids should be sleeping at home at night, but they have no choice but to work when jobs are available.

NPR Story
2:55 am
Tue July 3, 2012

The Last Word In Business

Originally published on Tue July 3, 2012 6:02 am

In France, a law just took effect that requires all drivers, including tourists, to buy a breathalyzer test to keep in their cars. Drunk driving is huge problem in France — causing more accidents per year than speeding. It was recently discovered that the head of the group that lobbied for the law also works for a company that makes the kits.

NPR Story
2:55 am
Tue July 3, 2012

Examining Storm Damage In Virginia

Originally published on Tue July 3, 2012 4:51 am

Transcript

LINDA WERTHEIMER, HOST:

It's MORNING EDITION from NPR News. I'm Linda Wertheimer.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

People in states from the Midwest to the Atlantic are still dealing with the damage and power outages from Friday night's derecho. That's the name for the line of storms which swept through with shearing winds and intense lightening. Chicago was among the cities hit by a second severe storm on Sunday. We'll get an update from there in a moment.

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Middle East
1:31 am
Tue July 3, 2012

Can Sanctions Force Iran To Change Its Policies?

Iranian workers make repairs to a unit at Tehran's oil refinery in November 2007. It's estimated that a Western oil embargo is costing Iran about $4.5 billion each month in lost revenue.
Vahid Salemi AP

Originally published on Tue July 3, 2012 6:17 am

Whether economic sanctions can force a government to change course is far from clear, but Iran should be a good test case.

A European Union embargo on Iranian oil took full effect this week, complementing U.S. measures that have grown much more severe in recent weeks. Other Western sanctions now in place target Iranian banks, foreign companies that provide shipping insurance for Iranian oil tankers, and foreign firms that invest in the Iranian oil industry.

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