Business
5:31 am
Sat August 18, 2012

Settlement Shines Light On N.Y. Regulator, Agency

Benjamin Lawsky, superintendent of New York state's Department of Financial Services, got British bank Standard Chartered to pay a $340 million settlement over allegations that it schemed with the Iranian government to launder billions of dollars.
Bloomberg via Getty Images

Originally published on Sat August 18, 2012 4:03 pm

Banking industry officials say it's unheard of: A state regulator, flying solo, threatens to take away the state license of a global bank — and then secures a very public settlement.

That's exactly what happened in New York this past week, when the state's Department of Financial Services reached a settlement with Britain's Standard Chartered Bank over allegations that it schemed with the Iranian government to launder billions of dollars.

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Americandy: Sweet Land Of Liberty
5:31 am
Sat August 18, 2012

Valomilks: A Sweet Treat That Runs Down Your Chin

The family-owned Russel Sifers Candy Company has been making Valomilks — and only Valomilks — for decades.
Melisa Goh NPR

Originally published on Sat August 18, 2012 4:23 pm

The Valomilk was once advertised as "the 5-cent candy bar with the 50-cent taste." And while the price has changed, the product has not.

For more than 80 years, the family-owned Russell Sifers Candy Company has been using the same recipe to churn out a rich concoction of chocolate and creamy marshmallow goo.

The candy-making machines are busy on the factory floor in Merriam, Kan., just southwest of Kansas City. This is the headquarters of the century-old company, where Russell Sifers himself is a fourth-generation candy maker.

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Europe
3:54 am
Sat August 18, 2012

Italian Yacht Owners Weigh Anchor To Dodge Taxes

The quayside at Compagnia della Vela in Venice, Italy, is largely deserted. Authorities have targeted yacht owners as part of a crackdown on tax evasion, and many boat owners have sailed to other countries in the Mediterranean.
Bloomberg via Getty Images

Originally published on Sat August 18, 2012 7:24 pm

Italy has a public debt of nearly 2 trillion euros, and it's cracking down on its notoriously wily tax evaders. Owners of luxury yachts are a prime target, with tax police launching dockside raids to see how individual tax files line up with owning and maintaining an expensive boat.

But yachts are mobile assets. In response, many boat owners are simply weighing anchor and setting course for more tax-friendly Mediterranean marinas.

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Headlines
6:32 pm
Fri August 17, 2012

Top Stories Of The Week

A council committee postponed a vote this week on a plan to privatize the operation of the KCI airport parking lot buses.
KC Aviation Department

All remaining criminal charges filed against Planned Parenthood by Phill Kline were dropped. The cause of the Joplin mosque fire remained a mystery. Those & other top stories of the week.

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The Two-Way
5:09 pm
Fri August 17, 2012

Paul Ryan, Wife Paid 15.9 Percent In Taxes In 2010; 20 Percent In 2011

Republican vice presidential candidate Paul Ryan speaks during a campaign rally at West Springfield High School on Friday.
Alex Wong Getty Images

Originally published on Fri August 17, 2012 5:43 pm

GOP vice presidential candidate Paul Ryan and wife, Janna, have released the tax returns for the past two years.

According to the Milwaukee Journal Sentinel, the returns show that in 2010, Ryan and his wife paid an effective tax rate of 15.9 percent and one of 20 percent in 2011.

The Journal reports that a little more than half of the couple's income for that period came from Ryan's Congressional salary. The paper adds:

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Youth Radio
5:03 pm
Fri August 17, 2012

PTSD Not Just War Wound, Young People Suffer, Too

Dr. Amit Etkin and a research assistant help a participant into the bore of the MRI.
Courtesy of the Etkin Lab at Stanford University

Originally published on Fri August 17, 2012 5:38 pm

Though post-traumatic stress disorder is often associated with war veterans, many sufferers have yet to finish high school.

According to the National Survey of Adolescents, about 4 percent of teenage boys and 6 percent of teenage girls meet the clinical definition of PTSD.

But adolescents can be hard to diagnose.

'A Total Nightmare'

The night Stephanie Romero turned 23, she and a friend were attacked by a stranger.

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Summer Nights: Funtown
5:03 pm
Fri August 17, 2012

For A Silvery Calif. Fish, A Special Moonlit Night

People stand on the beach to catch grunion during the annual grunion run at Cabrillo Beach in San Pedro, Calif., in 2009.
Jae C. Hong AP

Summertime is beach time in Southern California, even at night. Locals gather around bonfires, roast marshmallows and enjoy each other's company. On some very special nights, there's even sex — at least for the fish.

The grunion run happens only in the spring and summer months. Late at night, under the full and new moons, thousands of tiny, silvery fish swim to shore for a very peculiar mating ritual.

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Wait Wait...Don't Tell Me!
4:43 pm
Fri August 17, 2012

Lightning Fill In The Blank

Originally published on Sat August 18, 2012 8:56 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

PETER SAGAL, HOST:

Now, on to our final game, Lightning Fill in the Blank. Each of our players will have 60 seconds in which to answer as many fill in the blank questions as he or she can. Each correct answer is now worth two points. Bill Kurtis, could you give us the scores?

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Wait Wait...Don't Tell Me!
4:43 pm
Fri August 17, 2012

Prediction

Originally published on Sat August 18, 2012 8:56 am

Our panelists predict: If Barack Obama decided to drop Joe Biden, who he would he pick to replace him?

Wait Wait...Don't Tell Me!
4:43 pm
Fri August 17, 2012

Opening Panel Round

Originally published on Sat August 18, 2012 8:56 am

Transcript

PETER SAGAL, HOST:

Right now, panel, time for you to answer some questions about the week's news. Faith, according to a shocking new study, there's something just as bad for you as smoking cigarettes. What?

FAITH SALIE: Egg yolks, Peter.

SAGAL: Indeed, Faith, eggs, egg yolks.

(SOUNDBITE OF BELL)

(APPLAUSE)

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