GOP presidential candidates have clashed over Bain Capital, the firm Mitt Romney formerly headed. In the "private equity" investing world, only wealthy individuals and large institutions, such as pension funds, are welcome. That's Bain's world.
As the Mayor's Conference takes place in Washington D.C., city governments are dealing with severe problems at home — from high unemployment to funding cuts. Steve Inskeep talks to Mick Cornett, the Mayor of Oklahoma City, about how his city has managed to avoid some of these problems.
There's further evidence that electronic throttle systems were not responsible for a number of crashes involving Toyota vehicles in 2009 and 2010. The latest report comes from an independent panel. Following a surge of consumer complaints, Toyota recalled more than eight million vehicles, and its executives testified before Congress.
Grocery stores are finding it harder to keep organic milk in stock these days. The tight supply is a result of organic dairy farmers' costs rising while the price they receive for their product remains the same. These economic conditions offer few incentives to dairymen considering entering the organic business.
Manufacturing jobs in the U.S. had a strong finish in 2011, according to the Federal Reserve.That advance is expected to carry over into 2012. David Wessel, economics editor of The Wall Street Journal, talks to Renee Montagne about what the data means for the anemic global economy.
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