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2:00am

Tue November 8, 2011
Business

Business News

Executives from Japanese camera and medical device maker Olympus admitted Tuesday that the company has been using accounting tricks to cover up losses since the 1990s. The announcement comes after a scandal erupted last month.

2:00am

Tue November 8, 2011
Business

Costco Leads Fight To Privatize Wash. Liquor Sales

Voters in Washington state will decide whether to privatize the sale of hard liquor on Tuesday. Currently spirits can be sold only at state-run or contract liquor stores. Retail giant Costco has been pouring money — about $22 million — into advertising in favor of getting the initiative passed.

2:00am

Tue November 8, 2011
Business

Jon Corzine's Appetite For Hair-Raising Challenges

The sudden bankruptcy of commodities trading firm MF Global has thrust a familiar name in to the spotlight: Jon Corzine. Previously, Corzine was governor of New Jersey, a U.S. senator and chairman and CEO of the investment firm Goldman Sachs. Corzine resigned last week as chairman and CEO of MF Global as investigators search for hundreds of millions of dollars missing from clients' accounts.

2:00am

Tue November 8, 2011
Remembrances

Boxing Legend Joe Frazier Loses Cancer Battle

Boxing legend Joe Frazier died Monday night at the age of 67 just weeks after being diagnosed with liver cancer.

The man nicknamed "Smokin' Joe" was one of the greatest heavyweights in history. His three fights with rival Muhammad Ali in the 1970s are part of boxing lore.

And if one were to distill Joe Frazier's lifetime of punches down to one, that sledgehammer left hook on March 8, 1971, was as crushing and symbolic as any.

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2:00am

Tue November 8, 2011
NPR Story

South Korean Opposition Delays Free Trade Vote

In South Korea, opposition politicians have delayed the ratification of the Free Trade Agreement with the United States. The U.S. Congress has ratified the pact. But in South Korea, thousands of opponents have been holding angry street rallies, and a rising mood of anti-American sentiment is helping their cause.

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