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STEVE INSKEEP, HOST:

It was two outs, bottom of the ninth for the New York Mets. Facing a civil trial in federal court this week, they managed to pull off a clutch out of court settlement with a price tag of $162 million, the value of a long-term contract for a star player. The team's owners reached that deal with the trustee recovering money for victims of imprisoned financier Bernie Madoff.

But as WNYC's Janet Babin reports, any relief is tempered by the team's long-term financial struggles.

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STEVE INSKEEP, HOST:

NPR's business news starts with Apple's giant pile of money.

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INSKEEP: The maker of iPads, iPhones and computers is sitting on almost one hundred billion dollars in cash and securities. And today, Apple announced that it will spend some of that money paying a stock dividend to shareholders and buying back some company stock. NPR's Steve Henn has been following developments, and joins us on the line from Silicon Valley. Steve, good morning.

STEVE HENN, BYLINE: Good morning.

Four years since they first began making music together, the Brooklyn-based duo Tanlines is finally releasing an album: Mixed Emotions, out tomorrow. The band is Eric Emm, who sings and plays guitar, and Jesse Cohen, who plays drums, keyboards and an assortment of electronic instruments. Cohen is also the chattier of the two.

"We use a lot of different drum kits that are in a computer," Cohen explains. "We also play a lot of stuff live, and a lot of time you can't really tell which is real and which is fake. That's sort of a thing that we like to play with."

The student government at the University of California, Irvine voted Thursday night to call for the resignation of Dr. Hazem Chehabi, who is the chairman of its school's foundation. He also serves as the Syrian consul general in California. He is a personal friend of Syria's dictator Bashar Assad.

If you're trying to determine whether the ground chuck you buy in the grocery store contains so-called pink slime, or lean beef trimmings, you won't find it on the ingredient list. "It's not required to be labeled," explains Don Schaffner, a food scientist at Rutgers University.

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RENEE MONTAGNE, HOST:

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RENEE MONTAGNE, HOST: