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The Two-Way
10:31 am
Thu May 2, 2013

Obama Picks Major Fundraiser To Be Next Commerce Secretary

Penny Pritzker, who is being nominated to be the next secretary of commerce, in February.
Nancy Stone MCT /Landov

Originally published on Thu May 2, 2013 11:29 am

Penny Pritzker, one of the nation's richest people and a "longtime political supporter and heavyweight fundraiser," as The Chicago Tribune writes, is President Obama's choice to be his next secretary of commerce.

The president announced the news this hour at the White House. He also said that one of his economic advisers, Michael Froman, is his choice to be the next U.S. trade representative.

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Politics
10:09 am
Thu May 2, 2013

Obama Announces Commerce, Trade Nominees

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with two new cabinet appointments.

(SOUNDBITE OF MUSIC)

MONTAGNE: This morning, President Obama appointed Penny Pritzker to run the commerce department.

DAVID GREENE, HOST:

Pritzker is an heiress to the Hyatt hotel empire. She also served on the president's Economic Recovery Advisory Board, and she is a long time financial backer of the president's political campaigns. Forbes ranks her as one of 300 richest Americans.

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The Two-Way
9:40 am
Thu May 2, 2013

Detained U.S. Citizen Gets 15 Years Hard Labor In North Korea

Passersby watch a local television broadcast in Seoul on Thursday showing a report on the sentencing of Kenneth Bae.
Kim Jae-hwan AFP/Getty Images

Originally published on Wed May 8, 2013 9:07 am

Update at 4:05 p.m. ET:

State Department spokesman Patrick Ventrell raised concerns about the lack of transparency in Kenneth Bae's trial and urged North Korea to him "amnesty and immediate release."

NPR's Michele Kelemen reports that Ventrell wouldn't say whether the U.S. was considering sending a high-level envoy to Pyongyang as it has done in the past to win the release of U.S. citizens in North Korea.

Here's our original post:

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The Two-Way
9:07 am
Thu May 2, 2013

Boston Bombings: A Guide To Who's Who

A makeshift memorial in Copley Square, near the site of one of the Boston Marathon bombings, on April 24.
Mario Tama Getty Images

Originally published on Thu May 2, 2013 10:30 am

As the investigation continues into the April 15 bombings at the Boston Marathon and the crimes that followed, more names are being added to the story. Here's a guide that we'll keep updating, with links to relevant posts or stories. As always, if new information comes in that changes what is being said about anyone, we will pass that along:

THE VICTIMS

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The Two-Way
8:54 am
Thu May 2, 2013

Weekly Jobless Claims Drop Again, Stay Near 5-Year Low

Originally published on Thu May 2, 2013 9:33 am

There were 324,000 first-time claims for unemployment insurance last week, down 18,000 from the previous week's 342,000, the Employment and Training Administration reports.

Claims continue to run around the lowest pace since early 2008 — they haven't been lower since a week in mid-January 2008 when they came in at 321,000.

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