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The Salt
4:01 pm
Thu August 1, 2013

What Poisoned Pomegranates Tell Us About Food Safety

The label for the berry blend recalled in June because of pomegranates linked to a hepatitis A outbreak.
Food and Drug Administration

Originally published on Thu August 1, 2013 4:48 pm

Imported food is getting the kind of attention these days that no product wants. Health officials in Iowa and Nebraska are blaming salad greens for making hundreds of people sick with a parasite called cyclospora. That parasite usually comes from the tropics, so it's likely the salad did, too. Earlier this summer, pomegranate seeds from Turkey were linked to an outbreak of hepatitis A.

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Business
3:54 pm
Thu August 1, 2013

Private Equity Fund Eyes The Business Of Pot

A cannabis leaf
Bolotov Paul iStockphoto.com

Originally published on Thu August 1, 2013 8:40 pm

A couple of guys with serious investment banking experience are moving into the marijuana business. They've launched the first multimillion-dollar private equity fund devoted entirely to what they like to call the "cannabis space."

It started when Brendan Kennedy was working at the Silicon Valley Bank and learned of an entrepreneur who wanted to sell software for marijuana dispensaries. The idea piqued Kennedy's interest. A few days later, a radio show about legalizing pot piqued it even more.

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Law
3:54 pm
Thu August 1, 2013

Former Goldman Sachs Trader Found Liable For Fraud

Originally published on Thu August 1, 2013 4:48 pm

Transcript

AUDIE CORNISH, HOST:

You're listening to ALL THINGS CONSIDERED from NPR News.

In New York City today, a victory for the Securities and Exchange Commission: A federal jury held former Goldman Sachs trader Fabrice Tourre liable on six of the seven counts against him. The SEC had accused Tourre of intentionally misleading investors about a mortgage-backed security just as the housing sector was beginning to collapse. The investment created huge losses.

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NPR Story
3:54 pm
Thu August 1, 2013

Hawaii Homeless Initiative Would Send Some Back To Mainland

A homeless man collects cans on Waikiki Beach in 2010 in Honolulu. Under a new pilot program, some homeless people will get help from the state to reunite with relatives on the mainland.
Marco Garcia AP

Originally published on Thu August 1, 2013 6:07 pm

A new homeless initiative in Hawaii is raising some eyebrows, and the department in charge of implementing it has concerns of its own.

As part of a larger housing bill in July, the state Legislature approved $100,000 per year for a three-year pilot project that would help get some homeless people off the island and back to their families on the mainland. Participants must leave voluntarily.

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The Two-Way
3:21 pm
Thu August 1, 2013

Former Goldman Trader Found Liable For Billion-Dollar Fraud

Former Goldman Sachs trader Fabrice Tourre walks to a federal court in Manhattan with his attorneys Thursday. A jury found Tourre liable in a massive securities fraud case.
Richard Drew AP

Originally published on Thu August 1, 2013 3:59 pm

A federal jury in New York City has found that Fabrice Tourre, the former Goldman Sachs trader who regulators say caused investors to lose $1 billion, is liable in the mortgage securities fraud case filed against him by the Securities and Exchange Commission.

Regulators say Tourre, 34, a native of France who was nicknamed "Fab" in his office, packaged toxic subprime mortgages into a collateralized debt obligation that was sold to investors under the name Abacus in 2007.

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Found Recipes
3:03 pm
Thu August 1, 2013

Zwetschgendatschi, A Mouthful That Captures The Perfect Plum

Zwetschgendatschi is the Bavarian word for plum cake. The dessert uses Damson plums, which are only in season for a few weeks each year.
Courtesy of Gesine Bullock-Prado

Originally published on Thu August 1, 2013 4:48 pm

If it's early August, it must be time for Damson plums. Gersine Bullock-Prado — a Vermont-based pastry chef and author of Bake It Like You Mean It — has a special place in her heart for them.

"They're not like your normal plum. They're not round. They're oval and very dark purple, almost black."

When barely ripe, the plums are firm, tart and olive green, Bullock-Prado says. "[They're] just these lovely little orbs of joy."

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NPR Story
2:49 pm
Thu August 1, 2013

Forecast For Back-To-School Shopping

Andy and Aimee Smith, background, and their children Ian, left, and Riley shop for back-to-school clothes during the first day of the sales tax holiday at J.C. Penney in Eastdale Mall in Montgomery, Ala. in August 2011. (Mickey Welsh/Montgomery Advertiser via AP)

The back-to-school shopping season has begun, and retailers are hoping consumers will be in the mood for clothes, shoes, back packs and computers.

The cold, rainy spring depressed sales as the old school year ended, so fingers are crossed for better results for the new academic year.

KUHF’s Andrew Schneider and NPR senior business editor Marilyn Geewax look at the mood of consumers as communities offer sales tax holidays to boost interest in shopping.

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NPR Story
2:49 pm
Thu August 1, 2013

Ohio Man Gets Life Term In Kidnapping Of 3 Women

Ariel Castro, center, listens to the judge during court proceedings Friday, July 26, 2013, in Cleveland. (Tony Dejak/AP)

One of three women kidnapped and repeatedly raped for a decade before their escape told her abductor Thursday that her life is just beginning while his is over now that he’s about to be sentenced to life in prison.

Michelle Knight stood just feet away from Ariel Castro in a Cleveland courtroom, the first time she’s been seen publicly since her rescue from the house where she was held captive.

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NPR Story
2:49 pm
Thu August 1, 2013

NSA And Aaron Swartz Hot Topics At Hacking Conferences

Army General Keith Alexander, head of the National Security Agency delivers a keynote address at the Black Hat hacker conference on Wednesday, July 31, 2013, in Las Vegas. (Isaac Brekken/AP)

Two tech conferences in Las Vegas — Def Con and Black Hat — have brought together hackers from all over the world.

Yesterday the director of the National Security Agency, Gen. Keith Alexander, spoke at Black Hat to a sometimes hostile crowd.

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NPR Story
2:46 pm
Thu August 1, 2013

Mobile Advertising Boosts Facebook's Revenue

Originally published on Thu August 1, 2013 2:49 pm

Facebook is reporting strong earnings — shares have gone up more than 50 percent this past month, thanks in part to mobile advertising.

Facebook had no mobile revenue in the first quarter of 2012. But just last quarter, 41 percent of Facebook’s revenue came from mobile.

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