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Business
1:36 am
Tue October 15, 2013

JPMorgan To Front Customers If Federal Shutdown Drags On

JPMorgan Chase CEO Jamie Dimon testifies before the House Financial Services Committee on June 19, 2012 in Washington, D.C.
Chip Somodevilla Getty Images

Originally published on Tue October 15, 2013 3:50 am

JPMorgan Chase says it will cover Social Security and Welfare payments for its customers if the government goes into default or the shutdown continues.

If nothing else, it's good public relations for a company which hasn't had much lately.

The bank spent nearly 40 percent of the company's revenue over the last quarter — more than $9 billion — on legal expenses. Money paid to fight government investigations and on fines.

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Business
6:46 am
Mon October 14, 2013

3 American Economists Win Nobel Prize

Transcript

STEVE INSKEEP, HOST:

OK, the Nobel Memorial Prize in economics was awarded today to three American men - Eugene Fama, Lars Peter Hansen, Robert Shiller. The Nobel committee cited their research in the predictability of stock prices, as well as other asset prices. We're going to find out more now from Zoe Chace of NPR's Planet Money team. She's on the line. Hi, Zoe.

ZOE CHACE, BYLINE: Hi, Steve.

INSKEEP: Each of these guy's names is a little familiar, I think to the layman, especially maybe Shiller. Who are they?

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Europe
5:37 am
Mon October 14, 2013

Man Leaves Wife Accidentally At Gas Station

Transcript

DAVID GREENE, HOST:

Good morning. I'm David Greene. If you've forgotten to replace the fuel cap at the gas station, you could do worse. A German man was driving back from his honeymoon in France. He pulled over to fuel up, thinking his bride, sleeping in the back seat, remained put. She actually got out to use the facilities. He drove on, and two and a half hours later, he noticed his wife was gone. The man called police, who said she was patiently waiting back at the gas station. This is probably not what she meant when she said, no better or for worse.

Around the Nation
5:24 am
Mon October 14, 2013

Chiefs Break Record For Loudest NFL Stadium

Transcript

STEVE INSKEEP, HOST:

Good morning, I'm Steve Inskeep.

Kansas City football fans broke the record yesterday for loudest stadium in the NFL. Fans of the Chiefs were recorded howling at over 137 decibels as the Chiefs defeated Oakland. Now, you may wonder just how loud 137 decibels is. That's considered beyond the threshold of pain, louder than a loud rock concert, almost as loud as a jet engine, and nearly as annoying as two soccer fans with vuvuzelas.

It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

Asia
3:31 am
Mon October 14, 2013

China Experiences Surprise Drop In Exports

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a slide in Chinese exports.

(SOUNDBITE OF MUSIC)

INSKEEP: Chinese exports showed a surprise drop last month, according to government figures.

As NPR's Frank Langfitt reports, the September numbers underscore some of the challenges facing the world's second-largest economy.

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