Financial regulators in New York said yesterday they may bar a British bank from doing business in the state. They said that because the bank allegedly laundered some $250 billion in Iranian money through its branch in Manhattan. The bank is Standard Chartered Bank. It does much of its business in Asia, Africa and the Middle East. But like any global bank, it wants to have a foothold in the U.S. markets, and that foothold is now in danger. For more, we turn to NPR's Jim Zarroli in New York.
As the presidential election nears, Morning Edition has begun a series of reports from First and Main. Several times in the next few months, we'll travel to a battleground state, then to a vital county in each state. In that county, we find a starting point for our visit — an iconic American corner — First and Main streets.
Near the corner of First and Main, in a trailer park in Hillsborough County, Fla., Gregory Brown sticks the key into the motorcycle he has for sale.
We are covering other news today, including news out of Syria, where there have been some high-level defections. The prime minister of Syria fled to neighboring Jordan just two months after he was appointed. He says he has joined the opposition. Syrian rebels say that three other cabinet members also defected. These are the highest level departures from the government of Bashar al-Assad since the uprising began well over a year ago.
Jamaica's Usain Bolt ran the 100 meters in 9.63 seconds last night. That is an Olympic record. It will take just a bit more than 9.63 seconds to talk about what it means. And NPR's Mike Pesca, the Usain Bolt of sports reporters is on the line.
Mike, good morning.
MIKE PESCA, BYLINE: Yes. If you saw me in person you'd know how untrue that was.
INSKEEP: Well, Usain Bolt said he was only 95 percent healthy when he ran this race. What does it mean to be 95 percent healthy?
Let's take a picture of America in the latter months of an election year. We want to sense what's on this country's mind. So Morning Edition begins a series of reports from First and Main. Several times in the next few months, we'll travel to a battleground state, then to a vital county in each state. In that county we find a starting point for our visit — an iconic American corner — First and Main streets.