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Olympus Scandal Could Hasten Disclosure Changes

One of Japan's most venerable corporations is facing possible bankruptcy and its executives face jail time. The corporate scandal has stunned the nation. Olympus, a maker of cameras and medical equipment that is a household name in Japan, has been cooking its books and covering losses dating back to the 1990s.
NPR

In Indonesia, Anger Against Mining Giant Grows

Workers at the world's largest gold mine, located in Indonesia's remote Papua province, have gone on strike for higher pay; several people have died in clashes with police. Critics say the mine's owner, American mining conglomerate Freeport-McMoRan, operates with impunity because of powerful friends.
NPR

Solyndra Highlights Long History Of Energy Subsidies

Energy Secretary Steven Chu will face scrutiny on Capitol Hill Thursday over loans to the failed solar firm. But the government has a long history of subsidizing many kinds of energy, from coal to oil to wind. Still, different sectors disagree on whether tax deductions should be considered a subsidy.
NPR

A New York Town Pulls Funds From Big Bank

Tens of thousands of Americans moved their money out of major banks over the past few weeks as part of a nationwide protest against their policies. Now activists across the country are urging local governments to do the same. The Village of Hempstead is one of the first municipalities to take that step.
NPR

Chu Discusses Solyndra Controversy

On Thursday, Energy Secretary Steven Chu will answer congressional questioning over the handling of a large federal loan guarantee made to the solar energy company Solyndra. The California-based company was to be the first of many American green technology innovators to receive support from the U.S. government. Two years later, Solyndra went belly-up. Melissa Block speaks with Chu about the scrutiny he is now facing over his support of the company.
NPR

NYC Taxi Medallions Fetch 'Unbelievable' Returns

A taxi medallion gives the bearer the right to pick up rides for hire — and it turns out it's also a great investment vehicle. Two New York City medallions recently sold for a record $1 million each, around a 1,000 percent increase since 1980. How did they get so valuable?

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