"At the bank's annual meeting, 32 percent of shareholders voted for a measure that would have required the bank to split the roles. Had the measure succeeded, Dimon would have had to relinquish the role of chairman.
I'm Michel Martin, and this is TELL ME MORE, from NPR News. We'd like to start today by mentioning that, as you would imagine, NPR is continuing to follow developments concerning that deadly tornado that struck Oklahoma yesterday. We hope you will stay tuned to your public radio station or check our website, npr.org, for the latest updates.
Pakistanis have coped with — even rioted — over the country's frequent power cuts. Now, the government is feeling the impact, too. The country's caretaker prime minister has banned air conditioners in government offices and instituted a dress code for civil servants. Among his recommendations: no socks.
Rebellious athletes, drained budgets, dysfunctional management and a string of embarrassing scandals forced a major reorganization of U.S. Speedskating over the weekend.
The group governs a sport that has produced 85 Winter Olympic medals for the United States — more than any other sport. But persistent turmoil threatened continued success in the next Games, just nine months away in Sochi, Russia.
The changes leave USS with a smaller board and without numerous committees that have permitted parochial interests to meddle in the governance of the sport.