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Fitch Ratings Upgrades Ford's Junk Status

Ford's credit rating was raised from junk status to investment-grade by Fitch Ratings — it's another step in the company's turnaround. Ford nearly collapsed in 2005. Since then, it has mortgaged many of its assets, even using its blue oval logo as collateral to borrow money. Under the leadership of CEO Alan Mulally, Ford has repaired its balance sheet and improved its vehicle lineup.
NPR

Are Bribes The Norm In Mexico's Business Culture?

Wal-Mart's stock price has fallen sharply this week after The New York Times published an investigative story on how the retailer's rapid growth in Mexico involved systematic bribes. Steve Inskeep talks to Mexico-based business journalist Eduardo Garcia about the Wal-Mart bribery story.
NPR

British Judicial Panel Questions Rupert Murdoch

In Britain Wednesday, media mogul Rupert Murdoch appears before a panel to testify about contacts with leading British politicians at a time when his News Corp. was trying to takeover broadcasting group BSkyB. On Tuesday, Murdoch's son appeared before the same panel.
NPR

'Bittersweet Season' Details Caring For Aging Mom

As part of Morning Edition's Family Matters financial literacy series, Renee Montagne talks to Jane Gross, author of A Bittersweet Season, about caring for her aging mother, and what she wishes she had known before she started.
NPR

Sister Community Project Excites Dull And Boring

The town of Boring, Oregon, is twinning with the village of Dull, Scotland. The idea came after a Scottish cyclist passed through Boring. She thought Dull would make a great sister community. Scotland's tourism agency says the partnership could attract visitors to Dull.
NPR

Activists Disrupt Wells Fargo Shareholders Meeting

Some Wells Fargo shareholders were arrested Tuesday after disrupting the annual meeting in San Francisco. They had bought shares specifically so they could attend the meeting and disrupt the proceedings. Their protest is part of a new strategy by the Occupy movement and housing activists to target corporations.

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