5:06am

Wed July 11, 2012
NPR Story

Manchester United Hopes To Score With Its IPO

Manchester United is the most famous soccer team in the United Kingdom, and one of the world's most popular sports teams. Now its owners are hoping the team's popularity will translate into big bucks. They're planning to sell Manchester United stock on the New York Stock Exchange. Roger Blitz, of the Financial Times, talks to Renee Montagne about the team's IPO.

4:45am

Wed July 11, 2012
NPR Story

The Last Word In Business

Originally published on Wed July 11, 2012 6:57 am

Transcript

STEVE INSKEEP, HOST:

The ownership of American pro sports got just a little more international. That's our last word in business today.

Pro basketball's Brooklyn Nets, formerly the New Jersey Nets, are owned by a Russian businessman. An Indonesian media owner possesses part of the Philadelphia 76ers. And now, that same Indonesian man is among the new investors in D.C. United, the pro soccer team. His name is Erick Thohir.

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4:45am

Wed July 11, 2012
NPR Story

Google Expected To Pay Fine In Privacy Setting Case

Originally published on Wed July 11, 2012 5:09 am

Transcript

STEVE INSKEEP, HOST:

Some other news. Google and the Federal Trade Commission are near a deal that could result the largest fine for privacy violations ever imposed by that agency.

NPR's Steve Henn has the story.

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4:45am

Wed July 11, 2012
NPR Story

Business News

Originally published on Wed July 11, 2012 6:50 am

The City Council in San Bernardino, Calif., voted Tuesday night to seek Chapter 9 bankruptcy protection, making it the third California city in less than two weeks to make the rare move. The city faces a $45 million budget shortfall.

4:45am

Wed July 11, 2012
Science

Researchers Take Stock Of 2011 Weather

Originally published on Wed July 11, 2012 6:30 am

Transcript

RENEE MONTAGNE, HOST:

Across America people are sweltering through extreme heat this year, continuing a long-term trend of rising temperatures. Inevitably, many are wondering if the scorching heat is due to global warming. Scientists are expected to dig into the data and grapple with that in the months to come. They've already taken a stab at a possible connection with last year's extreme weather events, like the blistering drought in Texas. NPR's Richard Harris reports.

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3:39am

Wed July 11, 2012
Asia

'Hard Questions' Remain In U.S.-Pakistan Relations

Originally published on Wed July 11, 2012 4:45 am

Pakistani border guards check trucks heading to Afghanistan, in the tribal area of Khyber last week.
Qazi Rauf AP

A U.S. operation in the mountains near Afghanistan last November killed 24 Pakistani soldiers. Pakistan wanted an apology. The U.S. refused. In response, Pakistan shut down supply routes to Afghanistan for NATO convoys.

After intense talks, two border crossings were reopened last week to convoys for the U.S. and NATO forces.

Pakistan's ambassador in Washington, Sherry Rehman, was at the center of the negotiations. Afterward she called it a moment of great opportunity for the two countries.

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3:23am

Wed July 11, 2012
London 2012: The Summer Olympics

Women's Field Hockey Aims To End Olympic Drought

Originally published on Wed July 11, 2012 4:45 am

Paige Selenski (right) of the United States fights for the ball against two Mexican opponents in a women's field hockey match at last October's Pan American Games in Mexico.
Dario Lopez-Mills AP

As one of the world's most popular sports, field hockey produces celebrities in Argentina, the Netherlands and Australia. But the sport is relatively obscure in the United States, where members of the women's national team receive a small monthly stipend and their notoriety comes from outside the country.

Later this month, the group heads to London, where it will try to earn the first American medal in the sport in 28 years.

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3:22am

Wed July 11, 2012
Economy

Euro Currency Still Faring Well, For Now

Originally published on Wed July 11, 2012 12:42 pm

Over the last 13 years, the euro has been worth on average $1.21, only a penny less than its current price of $1.22 per euro.
Michael Probst AP

The euro touched a two-year low against the dollar Tuesday, as concerns about the eurozone debt crisis continued.

Despite a recession across much of the eurozone and even predictions of the currency's demise, however, the euro has held up relatively well during this crisis.

Over the last 13 year, it has taken on average $1.21 to buy a euro. Now, even in this midst of this crisis, it's worth virtually the same ($1.22).

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3:21am

Wed July 11, 2012
Shots - Health Blog

Will Medicaid Bring The Uninsured Out Of The Woodwork?

Originally published on Thu July 12, 2012 4:54 pm

Texas Gov. Rick Perry is the latest state executive to say no to an expansion of Medicaid.
Win McNamee Getty Images

Ever since the Supreme Court decided last month that an expansion of Medicaid under the Affordable Care Act should be optional, quite a few Republican governors have been vowing to take a pass.

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3:21am

Wed July 11, 2012
World

Spanish Families Share Expenses And Tradition

Originally published on Wed July 11, 2012 9:48 pm

A woman pushes a pram though the Plaza de Murillo on July 3 in Madrid. Spain's custom for multiple families to live under the same roof has tied them closer together as well as their wallets. The country has the highest unemployment rate in the Eurozone, and government benefits help aid those out of work.
Oli Scarff Getty Images

What used to be a Spanish tradition is now becoming more of an economic necessity.

In Spain, the social safety net that helps people survive the economic crisis has two parts: government benefits and close family ties. The country has the highest rate in Europe of multi-generational families all living together.

With a quarter of Spaniards out of work, more parents pick up their kids from school themselves, in the middle of what would have been a workday.

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