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NPR

9 European Countries Lose AAA Rating Status

Standard and Poor's has downgraded the credit ratings of nine Euopean countries including France. They face exposure to financial troubles in Greece among other places. Zanny Minton Beddoes, global economics editors at The Economist, talks to Steve Inskeep about the latest European financial troubles.
NPR

Dr. Pepper Reaches Deal With Dublin Dr. Pepper

Dublin Dr. Pepper is made with pure cane sugar, and it's produced by Dr. Pepper Bottling Co. in Dublin, Texas. Dr. Pepper-Snapple Group sued. Now they've reached a deal: Dr. Pepper-Snapple bought the rights to sell and distribute the sugar-cane version in Texas.
NPR

U.S. Sends Iran Notice Over Strait Of Hormuz

Iran has reportedly acknowledged receiving a letter from the U.S. about the Strait of Hormuz. Its contents weren't released. Iran's threatened to close off the waterway if sanctions are imposed against its oil sales. An Iranian news agency says the letter's being studied, and the government's determining whether to respond.
NPR

Homeowners Insurance Rates To Rise In 2012

Last year's tornadoes, floods, fires and hurricanes are driving up home owner insurance rates this year. Rates are expected to go up as much as 10 percent.
NPR

Greeks Worry Over A Possible Return To The Drachma

Envoys from the European Commission, European Central Bank and IMF descend on Athens Monday to see if Greece is worthy of receiving its next bailout installment. If the international community concludes that Greece can't be saved as a member of the Eurozone it will have to revert to its old currency, the drachma, which some say would be "catastrophic."
NPR

Ski Resorts Blow Fake Snow For A 'Brown' Winter

Normally at this time of year, about 50 percent of the U.S. is snow-covered.These days, the figure is now more like 20 percent. It's hurting ski resorts and the local economies that thrive on seasonal winter tourism.

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