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4:37 pm
Thu August 1, 2013

Cyclists Take Nighttime Ride Through Moscow's History

Cyclists honor Moscow's history while escaping the traffic during the annual Velonoch, or "Bike Night."
Mikhail Metzel AP

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

Moscow is a city steeped in history — and clogged with traffic. It's among the world's most congested centers, renowned for erratic drivers and dangerous roads.

In an effort to appreciate the history and avoid the gridlock, cyclists have been getting together since 2007 for an annual late-night tour to explore the capital by bike.

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Shots - Health News
4:21 pm
Thu August 1, 2013

Acetaminophen Can Cause Rare, Serious Skin Disorders, FDA Warns

Acetaminophen has been added to the list of over-the-counter painkillers that can cause rare but deadly skin reactions.
Paul Sancya AP

Originally published on Fri August 2, 2013 12:55 pm

Taking acetaminophen causes rare but potentially deadly skin reactions in some people, the Food and Drug Administration warned Thursday.

The goal is not to scare people off Tylenol and other acetaminophen-based pain relievers, which are among the most popular medications in the United States, federal officials say.

Instead, they want people to be aware that these skin conditions can be a side effect of using acetaminophen, so that if they notice a rash or other skin reaction they can stop taking the drug and quickly get to a doctor.

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WRKF
4:08 pm
Thu August 1, 2013

Recalibrating Teacher Evaluations Tops New Union President's To-Do List

Originally published on Fri August 2, 2013 4:52 pm

Many teachers are frustrated with the new evaluation system, Compass, which was introduced in public schools across the state this year.

"What we want is a more common-sense approach to this evaluation problem," said Debbie Meaux, new president of the Louisiana Association of Educators (LAE), who assumed the role July 15.

She's calling for the state to slow the timeline for the implementation of Compass.

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Parallels
4:05 pm
Thu August 1, 2013

'Abenomics' Serving Up The Same Old Medicine In Japan?

Japanese Prime Minister Shinzo Abe's plans for reviving Japan's ailing economy are yielding mixed results so far.
Koji Sasahara AP

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

Ever since Japan's stock market bubble burst in the early 1990s, the country's economy has been stuck in a deflationary spiral. Wages and prices kept going down — and so did consumer spending.

After all, would you buy something today if you knew it was going to be cheaper tomorrow?

But when he came to power last December, Japan's Prime Minister Shinzo Abe said he could fix the problem, after two "lost decades."

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The Two-Way
4:01 pm
Thu August 1, 2013

Florida's Education Chief Resigns Over Grading Scandal

Florida's former Commissioner of Education Tony Bennett.
Florida Department of Education

In education circles, Tony Bennett is widely known as a hard-charging Republican reformer associated with Jeb Bush's prescriptions for fixing public schools: charter schools, private school vouchers, tying teacher pay to student test scores and grading schools on a A through F scale.

Bennett resigned from his post as Florida's education chief this morning when a controversy over the last of those things — the school grades — caught up with him.

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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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