The Federal Reserve starts its latest two-day meeting Tuesday, and analysts around the globe are wondering whether the central bank will end ease monetary policy. The meeting follows some tough U.S. labor data and the recent Greek elections.
Now in Hollywood last night, Microsoft unveiled its newest product: a tablet computer to compete with the iPad. Putting out a computer is an unusual move for Microsoft, which is mostly known for software.
NPR's Mandalit del Barco was at the announcement.
MANDALIT DEL BARCO, BYLINE: At Milk Studios in Hollywood, a photo studio for the stars, Microsoft engineers revealed their snazzy new tablet, which they call Surface.
And today's last word business is about a bank takeover that was more of a fake over. Businessman Li Chunping made headlines in China earlier this year. He spoke in the Chinese media of how he took over an American bank - the Atlantic Bank of Delaware, which he said went bankrupt in 2008.
LINDA WERTHEIMER, HOST:
The story got him plenty of public praise. The communist party touted him as a model citizen, rising from poverty to be a successful businessman in the rice trade. He even got a position as a government adviser.
In southern Texas and in Arizona, people are paying a lot of attention to the presidential election - Mexico's presidential election. From member station KJZZ, Peter O'Dowd explains why millions of Americans are awaiting July 1st, Mexico's election day.