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NPR

JPMorgan Knew Of Risks, 'WSJ' Reports

After interviews with more than a dozen current and former executives at the bank, the newspaper concludes that it was warned about bets that would cost it more than $2 billion. A plan to roll them back wasn't properly implemented, the Journal says.
NPR

'Cake Boss' Confections Coming To Grocery Stores

Fans of the reality show Cake Boss will soon be able to sample baker Buddy Valastro's creations at their local grocery store. The TLC program features Valastro and his staff turning out custom cakes for demanding customers. They'll cost about $28 each — like the "Badda Bloom," a two-layer cake with fudge filling and green frosting and decorated with pink and purple flowers.
NPR

Google Settles E-Book Deal

David Greene reports on a recent settlement between Google and French publishers and authors.
NPR

Ambulance Service A Struggle In Rural Colo. Counties

Some rural counties are having trouble affording ambulance services. Urban ambulances have frequent calls and less territory to cover, which helps keep them afloat. But in more sparsely populated areas, calls can be few and far between. Funding for these emergency services are low-hanging fruit for counties facing tough budgets. From member station KUNC, Grace Hood reports.
NPR

U.S. Oil Production Jumps

Hydraulic fracturing has been turning the U.S. into a big producer of natural gas. Now it's brightening prospects for an oil boom in the U.S. as well. The Energy Information Agency reports that 2011 was the best year the county has had for oil production since the late 1990s. The biggest reason for that turnaround is a surge in drilling in Texas and North Dakota shale oil fields.

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