Host Michel Martin discusses April's jobs report with Rep. Emanuel Cleaver, D-Mo., head of the Congressional Black Caucus, and NPR's Business Editor Marilyn Geewax. Just 115,000 jobs were created, fewer than most economists expected, but the unemployment rate fell to 8.1 percent.
The election of Socialist Francois Hollande in France and the rejection of austerity policies in Greece raise serious questions about the future of the euro and the fate of the continent's economic union.
Cash-strapped states are embracing the millions of dollars in new tax revenue coming from shale oil and gas development. But there aren't enough inspectors to make sure the sites aren't polluting. The problem seems especially apparent in Colorado, which now has more than 47,000 active oil and gas wells but the state employs just 17 inspectors.
The world's second biggest maker of personal computers Lenovo Group has announced it will invest nearly $800 million over the next five years to build a mobile device facility in China. The company will develop and manufacture products like smartphones, tablet computers and other mobile devices to meet growing global demand.
Facebook will soon go public, allowing anyone to buy shares of the social networking giant. But sophisticated investors have already been buying pieces of Facebook and other hot tech stocks, on private exchanges and secondary markets.
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