Philadelphia's school district plans to close a quarter of its school buildings in coming years to eliminate a huge budget hole. But parents and activists don't trust the decision-makers. Many of them suspect the plan is a ruse to force charter schools and privatization on the district.
Facebook CEO Mark Zuckerberg has become known for his hoodie. Some potential investors call him immature and disrespectful for wearing it. But now, Betabrand, a San Francisco clothing company, has come out with an executive pinstripe hoodie.
Facebook is expected to start selling stock to the public this week. The social networking giant is expected to begin trading on the Nasdaq Stock Market on Friday. CEO Mark Zuckerberg will remain the company's biggest shareholder. Steven Levy, of Wired magazine, talks to Morning Edition's David Greene about what that means for the company and potential shareholders.
Scott Thompson had claimed that he held two college degrees, when in fact, he only had one. Thompson's resignation is a victory for an activist hedge fund that has been pressing for a shakeup in how Yahoo is run.
Tempers are boiling in Greece and other European nations that traded bailouts for a strict austerity plan. Some say Germany's rigid solution is already failing, and may even fracture the euro zone. If that happens, that'll be very bad news for the U.S., too.
After spending much of the year on the rise, gas prices are now falling — dropping nearly 20 cents in one month. Industry analysts expect the price to keep falling, but that might not take the strain off your wallet yet.
The first high-speed Amtrak trains outside of the Northeast Corridor are racing through parts of Michigan at 110 mph. But President Obama's ambitious high-speed rail initiative is otherwise in a slowdown mode, since lawmakers and some governors have not embraced the program.
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