NPR News

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2:00am

Thu November 3, 2011
Business

Business News

Originally published on Thu November 3, 2011 5:54 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news begins with a bleaker forecast from the Fed. Just when we were beginning to hear some more positive economic news, the Federal Reserve reminds us not to get too excited. It's predicting slower growth and less improvement in the unemployment rate through 2013 than previously expected. This news comes after a two-day meeting of the Fed's policy-making committee, in which it decided against taking new measures to stimulate the economy for now.

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2:00am

Thu November 3, 2011
Business

Troubled First Solar, Inc. To Announce Earnings

Originally published on Thu November 3, 2011 5:54 am

Transcript

RENEE MONTAGNE, HOST:

First Solar, viewed as the golden child of the solar industry, hold its quarterly call today with nervous investors. They're on edge because the Arizona-based company announced a CEO shake-up late last month and have said almost nothing publically since then. From member station KJZZ in Phoenix, Peter O'Dowd reports.

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2:00am

Thu November 3, 2011
Business

Last Word

America's original discount store has filed for federal bankruptcy protection and plans to close its 46 stores. This isn't the first time the company has filed for bankruptcy, but it appears to be its last. The company cited increased competition from department stores, private-label discounters and the economic downturn.

2:00am

Thu November 3, 2011
Around the Nation

Protesters Clash With Police In Oakland

About 3,000 people gathered at the Port of Oakland Wednesday, and effectively shut it down. People flooded the port area and blocked exits. The protest remained largely peaceful until the late evening, when police responded to a bonfire.

2:00am

Thu November 3, 2011
Economy

Harvard Economics Students Protest Perceived Bias

Originally published on Thu November 3, 2011 11:22 am

Transcript

STEVE INSKEEP, HOST:

Students at Harvard, yesterday, joined protests against income inequality.

UNIDENTIFIED WOMAN: Over the past 30 years...

GROUP: Over the past 30 years...

UNIDENTIFIED WOMAN: ...income inequality has risen...

GROUP: ...income inequality has risen...

UNIDENTIFIED WOMAN: ...to unacceptable levels.

GROUP: ...to unacceptable levels.

INSKEEP: Some students walked out of Economics 10 taught by a former advisor to President George W. Bush. The protestors included freshman Amanda Bradley.

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