Business
6:31 am
Sat August 18, 2012

Settlement Shines Light On N.Y. Regulator, Agency

Benjamin Lawsky, superintendent of New York state's Department of Financial Services, got British bank Standard Chartered to pay a $340 million settlement over allegations that it schemed with the Iranian government to launder billions of dollars.
Bloomberg via Getty Images

Originally published on Sat August 18, 2012 5:03 pm

Banking industry officials say it's unheard of: A state regulator, flying solo, threatens to take away the state license of a global bank — and then secures a very public settlement.

That's exactly what happened in New York this past week, when the state's Department of Financial Services reached a settlement with Britain's Standard Chartered Bank over allegations that it schemed with the Iranian government to launder billions of dollars.

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Americandy: Sweet Land Of Liberty
6:31 am
Sat August 18, 2012

Valomilks: A Sweet Treat That Runs Down Your Chin

The family-owned Russel Sifers Candy Company has been making Valomilks — and only Valomilks — for decades.
Melisa Goh NPR

Originally published on Sat August 18, 2012 5:23 pm

The Valomilk was once advertised as "the 5-cent candy bar with the 50-cent taste." And while the price has changed, the product has not.

For more than 80 years, the family-owned Russell Sifers Candy Company has been using the same recipe to churn out a rich concoction of chocolate and creamy marshmallow goo.

The candy-making machines are busy on the factory floor in Merriam, Kan., just southwest of Kansas City. This is the headquarters of the century-old company, where Russell Sifers himself is a fourth-generation candy maker.

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Movie Interviews
6:31 am
Sat August 18, 2012

Marjane Satrapi: 'A Real Love Story Has To Finish Bad'

Nasser Ali (Mathieu Amalric) is a man who wills himself to die in the film adaptation of Marjane Satrapi's graphic novel Chicken with Plums.
Patricia Khan Sony Pictures Classics

Originally published on Sat August 18, 2012 9:58 am

When we first meet Nasser Ali, the protagonist of Chicken with Plums, he's a mess. He loves his children, but doesn't support them. He has never really loved his wife — though he likes a dish she makes, chicken with plums. He was an accomplished violinist, but his wife shatters his violin to hurt him; she believes his instrument is the only thing that he truly loves.

As Nasser Ali peels back his life, in 1958 Tehran, we begin to learn about the broken heart that's beneath his sadness, madness and flights of genius.

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Author Interviews
6:31 am
Sat August 18, 2012

A Novel Endeavor From Molly Ringwald

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Molly Ringwald made her name as one of the "Brat Pack" of actors who appeared in John Hughes' teen films in the '80s. She starred in The Breakfast Club and Sixteen Candles, among others.
Fergus Greer HarperCollins

Originally published on Sat August 18, 2012 9:58 am

Most people know Molly Ringwald from her star turns in John Hughes' signature teen comic dramas from the 1980s, including Sixteen Candles, The Breakfast Club and Pretty in Pink.

And Ringwald is still acting — she currently plays the mother in the ABC Family series The Secret Life of the American Teenager. But she's also turned her hand to writing. Her new book — and first novel — is called When It Happens to You.

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Europe
4:54 am
Sat August 18, 2012

Italian Yacht Owners Weigh Anchor To Dodge Taxes

The quayside at Compagnia della Vela in Venice, Italy, is largely deserted. Authorities have targeted yacht owners as part of a crackdown on tax evasion, and many boat owners have sailed to other countries in the Mediterranean.
Bloomberg via Getty Images

Originally published on Sat August 18, 2012 8:24 pm

Italy has a public debt of nearly 2 trillion euros, and it's cracking down on its notoriously wily tax evaders. Owners of luxury yachts are a prime target, with tax police launching dockside raids to see how individual tax files line up with owning and maintaining an expensive boat.

But yachts are mobile assets. In response, many boat owners are simply weighing anchor and setting course for more tax-friendly Mediterranean marinas.

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On the Money with Chris DeSimio
3:00 am
Sat August 18, 2012

The Einstein of Money

Joe Carlen's "The Einstein of Money"

On the Money with Chris DeSimio welcomes Joe Carlen, whose latest book, The Einstein of Money: The Life and Timeless Wisdom of Benjamin Graham, sheds light on the man who taught Warren Buffet how to invest at Columbia University.

The Front Row with Betsy Ross
3:00 am
Sat August 18, 2012

One Fun Run or Walk 5K

Scene from last year's One Fun Run or Walk 5K in West Chester

Tonight at 6:00 pm is the One Fun Run or Walk 5K at West Chester Hospital, benefitting West Chester Hospital, Building Blocks for Kids and Maple Tree Cancer Alliance. Organizer Karen Cosgrove and cancer survivor Steve Hazelbeck discuss the event when they are in The Front Row with Betsy Ross.

XU Entrepreneurship
3:00 am
Sat August 18, 2012

Xavier University's X-LAB

Entrepreneurs are a growing force in our economy, so Xavier University has started X-LAB (Xavier Launch a Business), a competition between creative minds to earn mentoring from Xavier’s faculty, students and others with the expertise to help launch their idea. Mark Perzel learns more about this opportunity from Dr. Joe Carter, director of Xavier’s Entrepreneurial Center.

American Graduate
3:00 am
Sat August 18, 2012

Literacy Center West

American Graduate: Make it Happen - a program initiative of the Corporation for Public Broadcasting

As part of WVXU’s commitment to the American Graduate: Make it Happen program, an effort to find solutions to America’s drop-out problem, Mark Perzel welcomes Chellie McLellan from Literacy Center West, a Price Hill program working with students aged 17-21 on either GED preparation or job-readiness training.

Week in Review
2:59 am
Sat August 18, 2012

Week of August 12, 2012

WVXU's Jay Hanselman

Jay Hanselman takes a look back at some of the week's top stories.

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