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2:00am

Fri December 9, 2011
U.S.

Report: Federal Agency Shares Blame In Mine Blast

The federal Mine Safety and Health Administration released its final report this week into last year's West Virginia mine explosion. That explosion at the Upper Big Branch mine killed 29 workers. The government has maintained that the company that owned the mine, Massey Energy, didn't do enough to prevent the accident. Now, documentation obtained by NPR indicates that the government didn't do enough, either.

2:00am

Fri December 9, 2011
Europe

After All-Night Meeting, A Plan To Save Euro

European Union leaders wrapped up a 10-hour-long meeting in Brussels agreeing on a fiscal pact that will require stricter budget discipline. But Britain is among countries not signing on to the deal. The head of the European Central Bank is calling the pact positive. It's not clear, though, whether the move is enough to relieve Europe's debt crisis in the near future. NPR's Philip Reeves wraps up the meeting.

2:00am

Fri December 9, 2011
Europe

23 European Countries Sign On To Fiscal Pact

After meeting Friday in Brussels until the early morning hours, most European leaders agreed to a plan to move ahead with more budget discipline. Are world financial markets likely to see the talks as a failure or as progress?

2:00am

Fri December 9, 2011
U.S.

Corzine Claims No Knowledge Of MF Global's Missing Money

Former MF Global CEO Jon Corzine testified on Capitol Hill on Thursday day. The former New Jersey Senator and governor was subpoenaed by a congressional panel that wanted to hear how MF Global wound up in bankruptcy. Corzine apologized repeatedly but denied knowingly breaking any rules.

2:00am

Fri December 9, 2011
U.S.

In Detroit, Drastic Steps To Avoid Bankruptcy

Originally published on Fri December 9, 2011 8:35 am

Transcript

LINDA WERTHEIMER, HOST:

Lack of money is also a big problem in Detroit. Three weeks ago, the city's mayor, Dave Bing, made a stark announcement. Without major action, the city will go broke sometime early next year. That leaves state officials saying they may have no choice but to send in an emergency manager, a person with extraordinary powers over the city's finances.

Michigan Radio's Sarah Cwiek reports.

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