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NPR

Britain Blocks Manuscript Sale To Getty Museum

The Getty Museum in Los Angeles reportedly paid more than $6 million recently at an auction in London for a 15th century illuminated manuscript. The Los Angeles Times reports Britain's culture minister has blocked the work from leaving the country — putting it under an export embargo.
NPR

Administration Urges Europeans To Ease Austerity Measures

Treasury Secretary Jack Lew is on his first trip to Europe, pushing for leaders to let up on strict steps that were enacted during the financial crisis. His trip comes as President Obama prepares to send his budget plan to Congress. It's said to include cuts to Social Security and Medicare. David Greene talks to Lew, who's in Berlin to meet with Germany's finance minister.
NPR

J.C. Penney CEO Johnson Is Forced Out

The retailer recruited Johnson from Apple to revitalize the company but since his arrival 18 months ago, business has only gotten worse. J.C. Penney has brought back Johnson's predecessor Myron Ullman to once again led the struggling retailer.
NPR

To Find Insider Trading, Follow The Kids' Money

Sociologists tracked stock trades in Finland and found that accounts belonging to chlldren under 10 years old wildly outperformed the accounts of adults.
NPR

Iowa Town Braces For New Reality In Factory Closure's Wake

Appliance manufacturer Electrolux closed its Webster City, Iowa, plant in 2011. Now, the retraining programs for former workers are wrapping up, and the town of 8,000 is bracing for the true impact of the closure. It's a familiar story for many former manufacturing towns across the Midwest.
NPR

His Makeover Strategy In Shambles, J.C. Penney CEO Ron Johnson Is Out

Johnson joined the company from Apple and tried to change the look, feel and function of the retail stores. The strategy failed; JC Penny lost $4.3 billion in sales since Johnson became CEO.

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