Morning Edition

Morning EditionNPR's weekday morning newsmagazine  providing news in context, airing thoughtful ideas and commentary, and reviewing important new music, books, and events in the arts.

 

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Business
3:20 am
Tue April 24, 2012

GM To Add 600 Chinese Dealerships In 2012

Originally published on Tue April 24, 2012 6:29 pm

Transcript

STEVE INSKEEP, HOST:

General Motors is making a bigger effort in what's become the world's biggest car market. At the Beijing Auto Show this week, GM said it plans to open 600 new dealerships in China this year. GM is trying to grow Chinese sales while they still can.

NPR's Frank Langfitt reports from Shanghai.

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Business
3:18 am
Tue April 24, 2012

Business News

Originally published on Tue April 24, 2012 5:30 am

Weeks ahead of its initial public offering, Facebook released its first quarter profits Monday, and they are down 12 percent from a year ago. At the same time, company expenses have nearly doubled. Facebook attributes some of that to market expansion, which requires more employees and infrastructure.

Business
3:18 am
Tue April 24, 2012

Former Icelandic Leader Tried On Economic Collapse

Originally published on Tue April 24, 2012 5:54 am

Transcript

RENEE MONTAGNE, HOST:

And let's turn now to the first political leader to be put on trial for his role in the global banking crisis. Yesterday, a special court in Iceland found that country's former prime minister guilty of essentially mishandling the banking bubble that led to Iceland's financial collapse.

Michael Stothard has been covering this trial for The Financial Times. He joined us to talk more about it. Good morning.

MICHAEL STOTHARD: Good morning.

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Business
3:18 am
Tue April 24, 2012

The Last Word In Business

Originally published on Tue April 24, 2012 5:34 am

Victoria Beckham has teamed up with Range Rover to produce a special edition Evoque luxury SUV. The former Spice Girl, married to soccer star David Beckham, has designed fashion lines before, but says this is her first foray into automobiles.

Business
3:11 am
Tue April 24, 2012

Bribery Accusations Hurt Wal-Mart's Stock Price

Originally published on Tue April 24, 2012 4:41 am

Wal-Mart could face significant legal liability following a report accusing the company of systematic bribery in Mexico. A report in The New York Times claims Wal-Mart officials in Mexico paid more than $20 million in bribes to help the company open more stores there. The story also says top Wal-Mart executives in the U.S. looked the other way. The company's stock price fell nearly 5 percent Monday.

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