July 02, 2014

So here's something we don't get to say every day: The White House called yesterday. They said if Kai Ryssdal can be in Washington today by 2 p.m., he can have 15 minutes with the President. So...we said "Sure." (Duh.) Here's the way it turned out last time. Kai and the leader of the free world. On folding chairs. In the middle of the desert. The interview airs tomorrow. But a funny thing happens when you're called up to interview the President.

And, every year, hundreds of new charter schools open in the U.S.  largely in low-income, urban neighborhoods. This fall, Sejong Academy in St. Paul, Minnesota, will be one of them. The Korean-immersion school for kids in kindergarten through sixth grade will be located just a few miles from the nation's very first charter school, which opened in St. Paul in 1992. A big idea behind charters, which now educate roughly 2.5 million kids in the U.S., is to try out concepts that traditional public schools typically wouldn't, like focusing on the outdoors, Korean language immersion  or even yoga.

Meanwhile, Hollywood has been dealing with the problem of runaway production for years. A growing number of film and television productions are being lured away from Los Angeles by tax credits. One group of show business employees is speaking out about it. The American Federation of Musicians recently held a protest outside the Los Angeles offices of Lionsgate, the studio responsible for, among other blockbusters, "The Hunger Games".  The musicians work in film scoring. They’re upset with Lionsgate for accepting millions in tax credits to film in the U.S., but then score those films overseas.

 
 

THE NUMBERS as of 2:35 P.M. EDT


DOW +27.82 (+0.21%) Dow up; NASDAQ +7.80 (+0.26%)Nasdaq up S&P 500 +3.99 (+0.24%)S&P 500 up


Mid-day Update

PODCAST: Companies get healthy

More on the lawsuit filed against Goldman Sachs that highlights alleged gender discrimination at the banking firm. Plus, the US Marshals' auction of bitcoin may have had an unintentional positive side-effect for the digital currency. Also, a look into why some companies are trying to offer healthier products without any prompting from government or legislation. 

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