"The Office of Congressional Ethics is investigating the chairman of the House Financial Services Committee over possible violations of insider-trading laws, according to individuals familiar with the case.
From inside the Syrian city of Homs, where activists say several hundred people have been killed by government forces in the past week and troops are preparing for what could be a "ground offensive" in coming days, residents say the "situation could not be more dire," NPR's Kelly McEvers reports.
Good morning. I'm Steve Inskeep. We have no evidence this is a mass movement, but at least one person seems to have a reason to urge Israel's prime minister to delay an attack on Iran. Israeli officials have been speculating out loud about a strike. Now a Facebook page is pushing for the war to wait, at least long enough to keep from disrupting a concert by Madonna in Tel Aviv. The page is called No War with Iran until After Madonna's Performance on May 29. You're listening to MORNING EDITION. Transcript provided by NPR, Copyright NPR.
NPR's business news starts with social networking profits.
(SOUNDBITE OF MUSIC)
INSKEEP: You can get attention on the Internet. You can even draw a massive crowd in seconds. The question always is how to make money. Investors have been scrutinizing Facebook's plans to go public and trying to figure out the company's prospects.
It's MORNING EDITION from NPR News. Good morning, I'm Steve Inskeep.
Here's a sign of just how huge the housing and foreclosure crisis has been. Five big banks agreed to pay about $25 billion to people who've been harmed bank's abuses, plus an extra billion to settle a claim involving a mortgage company. And one of the first reactions is that all that money could not possibly be enough.
President Obama says the banks will spread the money around.
The company will instead focus on home photo printers, high-speed commercial ink jet presses and software. Other companies may license the Kodak brand for cameras, and some disposables will still be out there.
It's MORNING EDITION, from NPR News. Good morning. I'm Steve Inskeep.
Activists and human rights groups in Syria contend the government has now killed hundreds of civilians this week alone. It's hard to verify that number, but it is clear that mortars, rockets and tanks continue firing into the city of Homs. That gunfire has served as a week-long punctuation mark on the United Nation's failure to approve a resolution against Syria. NPR's Kelly McEvers is following the situation from Beirut. She joins us once again.