The Two-Way
2:21 pm
Tue March 13, 2012

Federal Reserve Says Most Major U.S. Banks Would Survive Severe Recession

Federal Reserve

Originally published on Tue March 13, 2012 3:46 pm

Update at 4:34 p.m. ET. 15 of 19 Banks Pass Stress Test:

The Federal Reserve says 15 of the country's top 19 banks have enough capital to survive a "severe recession," which it defined as "peak unemployment rate of 13 percent, a 50 percent drop in equity prices, and a 21 percent decline in housing prices."

Reuters reports:

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Looking Up: Pockets of Economic Strength
2:18 pm
Tue March 13, 2012

Factories 'Reshore' Some Work From Overseas

AGCO employees work on the assembly line in the company's newly expanded Jackson, Minn., manufacturing plant. The expansion brought the facility's staff from 850 to 1,050 workers and allows the plant to make tractors that were previously made in France.
Jackson Forderer for Minnesota Public Radio

Originally published on Thu March 15, 2012 11:44 am

Part of a series

During the worst of the Great Recession, U.S. factory jobs were disappearing at a furious pace. As 2007 began, about 14 million Americans were working in manufacturing.

Three years and one frightful recession later, only 11.5 million were.

But since 2010, employment has been ticking back up, with companies adding about 400,000 jobs.

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Shots - Health Blog
2:17 pm
Tue March 13, 2012

Connecticut Considers Letting Health Aides Give Medicines To Homebound

Connecticut is rethinking who should be allowed to give medicines to Medicaid patients cared for at home.
iStockphoto.com

Originally published on Thu March 15, 2012 11:44 am

Connecticut, like every state trying to reduce health care spending, is looking closely at how it cares for people with chronic conditions.

Gov. Dannel Malloy has promised to move more than 5,000 poor and disabled patients out of nursing homes in five years.

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Latin America
2:04 pm
Tue March 13, 2012

Cruising Over Colombia In A Plane From Another Era

A DC 3 stands ready to take off on the runway in Villavicencio , Colombia.
Carlos Villalon for NPR

Originally published on Thu August 23, 2012 9:41 am

The plane flown by Capt. Ricardo Fajardo has been around for nearly 70 years, ever since it was built in California by the Douglas Aircraft Co. at the height of World War II.

But as a red and orange DC-3 hugs the treetops and skims past the Vaupes River in the remote southeastern corner of Colombia, Fajardo says he wouldn't feel more comfortable in any other plane.

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Health Care
1:00 pm
Tue March 13, 2012

Conn. Debates Letting Home Health Aids Give Medicine

Connecticut is trying to move thousands of Medicaid patients out of nursing homes. The Governor says to do this, the state needs to allow home health aids to give medicines at home. Right now, only a nurse can do it, which means a much higher cost to Medicaid.

Shots - Health Blog
12:36 pm
Tue March 13, 2012

Timing Of Birth Control Coverage May Differ For Students, Profs

Sandra Fluke, a third-year law student at Georgetown University and former president of the Students for Reproductive Justice group there, testifies during a hearing before the House Democratic Steering and Policy Committee last month in Washington.
Alex Wong Getty Images

Could Georgetown University students like Sandra Fluke have to wait an extra year for free birth control?

There's a reason to ask the question.

Fluke, in case you missed it somehow, is the law student who testified before the House Democratic Steering and Policy Committee last month about the importance of providing free contraceptive services to students and others at religiously affiliated institutions.

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David D. Brown is executive producer and host of the award-winning cultural journalism program Texas Music Matters at NPR affiliate KUT-FM in Austin. He is former anchor of the award-winning public radio business program Marketplace, and a veteran public radio journalist. He has reported national and international affairs for Monitor Radio from bases in Atlanta, Boston, London, Los Angeles, and Washington, D.C.

Brown is currently completing his Ph.D. in Journalism at The University of Texas in Austin, and has been an active member of the California Bar since 2000.

The Two-Way
12:30 pm
Tue March 13, 2012

With Economy 'Expanding Moderately,' Fed Leaves Interest Rates Unchanged

Originally published on Tue March 13, 2012 12:31 pm

Citing an economy that is "expanding moderately," an improving labor market and subdued inflation — but a housing sector that "remains depressed" — the Federal Reserve just announced it is holding to its current policy on short-term interest rates.

The central bank's policymakers also said they expect "moderate economic growth over coming quarters" and that the jobless rate will continue to "decline gradually."

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The Two-Way
12:10 pm
Tue March 13, 2012

Why Praise For An Olive Garden Turned Marilyn Hagerty Into A Star

created a blog just for following her travels." href="/post/why-praise-olive-garden-turned-marilyn-hagerty-star" class="noexit lightbox">
Her fame has taken Marilyn Hagerty to New York City to be on the TV networks. And her newspaper has created a blog just for following her travels.
Grand Forks Herald

The sudden national fame for 85-year-old North Dakota newspaper columnist Marilyn Hagerty because she wrote last week that the new Olive Garden restaurant in Grand Forks is "impressive ... welcoming ... [and] is the largest and most beautiful restaurant now operating" in the city reinforces two things for this blogger:

1. Almost everyone loves a story about someone who seems to be just so darn nice and who's still going strong at an age when many of us will just be glad to still be around.

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The Record
12:00 pm
Tue March 13, 2012

Cotton Mather's 'Kontiki,' The Album That Won't Go Gently

Cotton Mather (from left): Dana Myzer, Josh Gravelin, Whit Williams and Robert Harrison.
Todd Wolfson Courtesy of Fanatic Promotion

Originally published on Thu March 15, 2012 11:44 am

More than a decade ago, an album came out recorded mostly on cassette in a house, never released on a major label — and until last month it had been out of print for almost that long. When Noel Gallagher of Oasis heard it, he declared it "amazing," and The Guardian called it "the best album The Beatles never recorded."

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