Business

2:00am

Tue March 20, 2012
NPR Story

U.K. Considering Long-Term Bonds

Originally published on Tue March 20, 2012 6:31 am

Transcript

DAVID GREENE, HOST:

Now, one way governments raise money is by issuing bonds: you or your pension fund lend them the money, and they then pay a set amount of interest for a set amount of time, say 10 or 20 years. Well, Britain's finance minister, George Osborne, is reportedly ready to announce that the UK plans to issue a bond that only your great-grandchildren will be able to cash in. It matures in a hundred years.

Vicki Barker has this report from London.

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2:00am

Tue March 20, 2012
NPR Story

Business News

Transcript

STEVE INSKEEP, HOST:

Italy's next step in a crisis is at the top of NPR's business news.

Italian prime minister Mario Monti is trying to restructure the economy so his country has a better shot at paying its debts. Today, he sits down to negotiate with the country's powerful trade union leaders. Monti hopes to weaken legal protections that make it almost impossible to fire employees. He blames these rules for slow economic growth and high unemployment in Italy.

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1:57am

Tue March 20, 2012
Energy

Native Alaskans Divided On State's Oil Drilling Debate

Originally published on Tue March 20, 2012 7:06 am

A drilling rig sits on Oooguruk Island off the coast of Alaska's North Slope. The 6-acre island was built by Pioneer Natural Resources so it could drill for oil on the Arctic Ocean.
Steve Quinn AP

Shell Oil plans to explore for petroleum off Alaska's north coast this summer. The native people of Alaska have a big stake in both oil revenue and environmental protection. That conflict has played out in recent trips by Inupiats to Washington, D.C., to argue their case.

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4:02pm

Mon March 19, 2012
The Two-Way

U.S. Makes $25 Billion In Mortgage-Backed Securities Sale

The U.S. Treasury said today that it had made $25 billion from the sale of mortgage-backed securities it bought back during the financial crisis. The Treasury said the sale was part of its effort to wind down the bailout programs.

The AP reports:

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3:40pm

Mon March 19, 2012
Business

‘Help Wanted’ Common Request for Colorado Manufacturing Companies in 2011

Joost J. Bakker Ijmuiden/via Creative Commons

The manufacturing sector was a major contributor in 2011 to job postings across Colorado--although many of the job descriptions aren't what you'd expect.

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