Planet Money
7:14 am
Wed May 16, 2012

How Facebook Can Live Up To The Hype

Lam Thuy Vo / NPR

Facebook will be valued at about $100 billion when it goes public this week. What would it take for that valuation to be justified?

As we noted yesterday, the value of a typical big, public company is 15 times the company's annual profit. So a company valued at $30 billion would typically have annual profits of $2 billion.

Facebook will be valued at 100 times its current annual profits. That's because investors expect the company's profits to go through the roof in the coming years.

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It's All Politics
7:00 am
Wed May 16, 2012

Biden On Bain: Romney 'Thinks This Experience Will Help Our Economy'?

Originally published on Wed May 16, 2012 9:30 am

The Obama campaign on Wednesday escalated its attack on Mitt Romney's business career, with Vice President Joe Biden scheduled to aggressively question how Romney's management of Bain Capital might translate into running the U.S. economy.

On Monday, Obama's re-election campaign unveiled a new swing state ad questioning Romney's assertion that he was a job creator while running the private equity firm. The Romney campaign countered later in the day with its own ad.

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The Salt
6:51 am
Wed May 16, 2012

From Science Fiction To Fact, Robots Are Coming To A Farm Near You

Brent Ware, a member of the robotics team at Kansas State, stands next to a planting robot that won a national competition.
Jeremy Bernfeld Harvest Public Media

Originally published on Wed January 29, 2014 9:59 am

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Shots - Health Blog
6:35 am
Wed May 16, 2012

FDA Delays Sunscreen Label Redo

Alivia Parker, 21 months at the time, ran through circles of spraying water on a hot day in Montgomery, Ala., last June. She was wearing sunscreen with an SPF of 100, a rating that won't be allowed much longer.
Dave Martin AP

For a little while longer you'll still be able to buy suncreen labeled as waterproof or with a sun protection factor of 100.

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High Plains History episode
6:30 am
Wed May 16, 2012

Augusta Metcalfe

Augusta Metcalfe

A visit to far west Oklahoma and the home place of a famous painter.

Law
6:30 am
Wed May 16, 2012

Is There Racial Bias In Clemency Decisions?

Nearly 20 years ago Clarence Aaron was sentenced to three life terms for his involvement in a drug deal. His request to have his sentence shortened was denied by the White House in 2008. Now a story by ProPublica's Dafna Linzer reports the Bush administration was not told key facts before deciding on it. Host Michel Martin speaks with Linzer.

Author Interviews
6:24 am
Wed May 16, 2012

Just What's Inside Those Breasts?

Breasts are getting bigger and arriving earlier. They're also attracting chemicals and environmental toxins, which are getting passed along in breast milk.
Photographer: B-D-S iStockphoto.com

Originally published on Thu May 17, 2012 8:31 am

When writer Florence Williams was nursing her second child, she read a research study about toxins found in human breast milk. She decided to test her own breast milk and shipped a sample to a lab in Germany.

What came back surprised her.

Trace amounts of pesticides, dioxin and a jet fuel ingredient — as well as high to average levels of flame retardants — were all found in her breast milk. How could something like this happen?

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The Two-Way
6:23 am
Wed May 16, 2012

Neither John Edwards Nor His Mistress Will Testify At Corruption Trial

John Edwards as he entered the Federal Courthouse in Greensboro, N.C., this morning.
Sara D. Davis Getty Images

Originally published on Wed May 16, 2012 7:31 am

The campaign corruption trial of former Democratic presidential contender John Edwards will not reach a dramatic climax with testimony from the former senator or the mistress he's accused of trying to hide with 2008 campaign funds.

According to The Associated Press, Edwards' attorneys said in court today that they will not be calling Edwards or Rielle Hunter to the stand and that they expect to rest their case later today.

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The Two-Way
5:36 am
Wed May 16, 2012

9-Year-Old To Westboro Baptist Protesters: 'God Hates No One'

Josef Miles, making his own statement.
Patty Akrouche Facebook.com/FeverDreams

Originally published on Thu May 17, 2012 5:42 am

Patty Akrouche says she's "never been prouder" of her 9-year-old son, Josef Miles, than she was this past weekend.

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The Two-Way
5:20 am
Wed May 16, 2012

Bush Says 'I'm For Mitt Romney,' But He Likely Won't Play Role In Campaign

Back in 2006: Then-President George W. Bush and then-Gov. Mitt Romney
Brendan Smialowski AFP/Getty Images

Originally published on Wed May 16, 2012 5:47 am

"I'm for Mitt Romney."

With four words, said to an ABC News reporter as an elevator's doors closed, former President George W. Bush on Tuesday confirmed what was pretty obvious — he is supporting his fellow Republican's bid for the White House.

But as The Associated Press reports:

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