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D.C. Urges Investors To Put Money Into Safe Bet: Reducing Teen Pregnancy

The District of Columbia wants investors to bet on its ability to reduce teen pregnancy.

Mayor Vincent Gray's office announced Wednesday that it will sell what are known as Social Impact Bonds to pay for a program to reduce teen pregnancy and help more teenagers graduate from high school. The idea is for "socially conscious investors'' to fund the program, and if it achieves the desired results, they get their money back.

The mayor's office says the District would become the first jurisdiction in the nation to use Social Impact Bonds to combat teen pregnancy. The District's teen pregnancy rate is higher than the national average.

A nonprofit called Social Finance US will work with the District to develop the bond program.

NPR

In An Alternate 19th Century London, Sins Are Marked With 'Smoke'

NPR's Audie Cornish speaks with Dan Vyleta about his novel, Smoke. It's set in an alternate 19th century London, where the morally corrupt are marked by a smoke that pours from their bodies.
WAMU 88.5

D.C.'s Public Schools Select New Lunch Providers

D.C. Public Schools is abandoning longtime school food provider Chartwells in the wake of allegations of poor food quality and fraud and moving forward with new vendors for 2016. But, questions remain about the selection process and future oversight.

WAMU 88.5

Creating A D.C. State Constitution

We explore the historic process of crafting a constitution for D.C. statehood nearly three decades after the last attempt, and find out how drafters are preparing for the June constitutional convention.

NPR

$81 Million Bangladesh Bank Heist Sparks Push For Stepped-Up Cybersecurity

The head of the Society for Worldwide Interbank Financial Telecommunication acknowledged at least two security breaches in addition to February's spectacular theft involving Bangladesh's central bank.

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