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.
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.
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.
GOP presidential candidate Mitt Romney is in Houston Wednesday to address a convention of the NAACP. On Tuesday, he was in Colorado, one of the most hotly contested swing states. Romney, who unexpectedly lost to Rick Santorum in the Colorado caucuses earlier this year, is working to shore up support among the GOP base
Major League Baseball's 83rd All-Star Game wrapped up Tuesday night in Kansas City, Missouri. The National League trounced the American league in an 8-0 blowout, with impressive performances by some San Francisco Giants. Melky Cabrera of the Giants hit the game's only home run and took home the MVP Award.
President Obama and Republican challenger Mitt Romney are hitting the campaign trail hard this week. On Tuesday, the president was campaigning in Iowa — the state that helped to launch his White House bid in 2008. He told supporters in Iowa he wants a second term in order to finish what he started.
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.
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.
Credit Dario Lopez-Mills / AP
The U.S. women's field hockey team hopes to win its first Olympic medal since 1984. Claire Laubach (left) celebrates scoring in a U.S. win over Canada at the 2011 Pan American Games, with teammate Melissa Gonzalez.
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.