Originally published on Mon April 23, 2012 7:09 am
Swiss food and drink giant Nestle announced a deal Monday to acquire Pfizer Inc.'s infant-nutrition business for $11.85 billion in a bid to boost sales in emerging markets. Before the announcement, Nestle already had the largest share of the global baby-formula market at just under 20 percent.
Later this week, we get some key data to help judge the state of the nation's housing market. There are some early signs of recovery, but home prices are still falling in many areas, as NPR's Chris Arnold reports.
CHRIS ARNOLD, BYLINE: Tomorrow, we'll get the latest word on home prices from what's called the S&P Case-Shiller index. That keeps showing price declines in many areas. Though those price drops have been leveling off, so things definitely aren't as bad as they were.
Originally published on Mon April 23, 2012 7:03 am
The denim store in Kobe, Japan, sells jeans for $350. The store is able to sell a pair of jeans for that price because it's tapped into a Japanese subculture that is obsessed by 1950s Americana.
Originally published on Mon April 23, 2012 7:19 am
Unlike the United States, Germany never had a housing bubble. Its mortgage market is too tightly regulated. But some German banks did lose a lot of money in the financial crisis, and they're still paying a big price for it.
Next, we have a tale of globalization, how a single fire at a company in Germany could affect business in Detroit or Shanghai.
STEVE INSKEEP, HOST:
The company is a chemical plant in a town called Marl. An explosion there killed two people. It was a tragedy, but did not seem to have global significance.
MONTAGNE: Until car companies realized that Marl is vital to their business. NPR's Sonari Glinton explains.
At a Republican candidates' forum in Wisconsin before the state's primary earlier this month, a speaker who wasn't on the ballot had strong words for the GOP regarding its low standing among Hispanic voters.
"The way the party ... talks about immigration is going to impact the future course of this party and the future course of this nation," said former U.S. Attorney General Alberto Gonzales, the first Hispanic to hold the nation's highest law enforcement post.
Abby Mahoney, 13, has Asperger's syndrome. She says she has memorized nearly everything there is to know about Star Wars. Her enthusiasm for the subject helped make her the target of a bullying boy.
Lots of kids get bullied. But kids with autism are especially vulnerable.
A new survey by the Interactive Autism Network found that nearly two-thirds of children with autism spectrum disorders have been bullied at some point. And it found that these kids are three times as likely as typical kids to have been bullied in the past month.
Chicago Mayor Rahm Emanuel sits with South Side first-graders in October. Emanuel's plan to lengthen the school day and the school year has met with resistance.
Credit David Schaper / NPR
Parents who oppose Emanuel's plan to lengthen the school day to seven hours for elementary students (from left): Jonathan Goldman, Joy Clendenning, Josephine Sanders, Nellie Cotton and Mary Botello.
Most kids in Chicago's public schools spend just five hours and 45 minutes in school a day. It's one of the shortest school days in the country.
That's why more than half of the city's public elementary schools have no recess. At those that do, it's shockingly short.
"We have a 10-minute recess and a 10-minute lunch at our school," says Wendy Katten, mother of a third-grader at Burley Elementary School in Chicago. "It's not sufficient."