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Creditors Face Deadline In Greek Bond Swap

The bond swap that will cut Greek debt by at least 50 percent is set to be the largest sovereign debt restructuring in history. Private creditors will take up to a 70 percent loss on their bonds, which is why some of them are balking at the offer. But because many of the creditors are also pension funds, the loss will also trickle down to Greek retirees.
NPR

Japanese Uneasy With State Of Nuclear Regulation

Japan has relied on nuclear power for nearly a third of its energy needs. Since the nuclear meltdown last year, only two of the country's 54 reactors are active. Steve Inskeep talks to Ken Cukier, of The Economist, about how businesses are faring since the nuclear crisis.
NPR

Obama Urges Incentives For Alternative-Fuel Vehicles

President Obama was in North Carolina Wednesday, dropping in on a factory that makes big-rig trucks. Some of those trucks are powered by natural gas, and Obama took the opportunity to propose new tax incentives for alternative-fuel vehicles.
NPR

Apple: Latest iPad Leads Post-PC Revolution

Apple head Tim Cook unveiled the new iPad at an event in San Francisco Wednesday. The iPad will have a higher resolution screen, an HD camera and a faster processor. Cook is pushing for a world were people carry iPads and iPhones instead of owning desktops and laptops.
NPR

Spanx Founder Makes 'Forbes' Billionaire List

Forbes magazine has released its 25th annual billionaires list, and holding down the top spot again is Mexican telecom mogul Carlos Slim Helu. But there are some newcomers like American Sara Blakely. The 41-year-old founder of Spanx, the body-shaping undergarment company, is the youngest self-made woman to join the club.
NPR

E-Book Pricing Fixing Accusations May Bring Lawsuit

The Justice Department is threatening to sue Apple and five major publishers for allegedly colluding to raise the price of digital books. Apple persuaded publishers, including Harper Collins, Penguin and Simon and Schuster, to change how they price their e-books before the launch of the first iPad, according to The Wall Street Journal.

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