Morning Edition

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Business
6:18 am
Wed May 16, 2012

Bershire Hathaway Buy 10 Million Shares Of GM

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a sign of confidence in the U.S. auto industry.

(SOUNDBITE OF MUSIC)

INSKEEP: Berkshire Hathaway has bought 10 million shares of General Motors. The company owned by the billionaire investor Warren Buffett spent just over $200 million for that stake in GM. It is the first time Berkshire has invested in an American automaker.

The move came after GM announced rising first-quarter sales and revenues, all at a company that was on federal life support a few years ago. Transcript provided by NPR, Copyright National Public Radio.

Around the Nation
5:59 am
Wed May 16, 2012

Fischer, Kerrey Win Senate Primary In Nebraska

Transcript

STEVE INSKEEP, HOST:

Some other news. Yesterday was primary day in Nebraska and voters delivered a surprise. Both parties were choosing candidates for a Senate race.

DAVID GREENE, HOST:

And the Republican primary started with a pattern that has become familiar. The leading candidate was backed by traditional Republican leaders but was challenged by another candidate with Tea Party support and a lot of outside money.

INSKEEP: It became a fierce campaign, but here's where the pattern was broken. Neither contender won.

GREENE: A third candidate, little known State Senator Deb Fischer, rose about it all.

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Law
5:54 am
Wed May 16, 2012

Juror Booted From Clemens Trial For Sleeping

At the perjury trial of pitching great Roger Clemens Tuesday, a judge sent a jury member home after saying she was "obviously sleeping." She's the second juror to fall asleep and be ordered to leave.

Around the Nation
5:47 am
Wed May 16, 2012

Restaurant Runs Out Of All-You-Can-Eat Fish

Bill Wisth recently went to Chuck's Place outside Milwaukee, Wis., for the all-you-can-eat fish fry. But after he ate 12 pieces of fish, the restaurant said they were out of fish. Wisth, who cried false advertising, plans a weekly picket outside the restaurant.

Economy
5:47 am
Wed May 16, 2012

Debt Ceiling Debate Is Revived In Washington

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene.

If you thought the two political parties had moved past their differences over the debt ceiling, think again.

INSKEEP: Let's recall - who could forget - Congress boosted the Treasury's borrowing authority by $2 trillion after a dramatic showdown last summer that also led to the first downgrade ever of the nation's credit rating. But yesterday, the Obama administration said that borrowing authority is set to max out by the end of the year.

GREENE: And that prompted House Speaker John Boehner to insist that any increase in the debt limit will have to be matched by even greater cuts in spending.

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Around the Nation
5:47 am
Wed May 16, 2012

Will Edwards Take The Stand On His Own Behalf?

Originally published on Wed May 16, 2012 12:07 pm

Transcript

DAVID GREENE, HOST:

In North Carolina, now this could be the last day of testimony in the John Edwards trial. At a federal courthouse, the former presidential candidate is being tried on six counts of campaign finance violations. Prosecutors say Edwards used nearly a million dollars to conceal an affair and hide the child he fathered with a mistress. The defense says Edwards wasn't fully aware of the cover-up and that any money connected with it did not come from campaign contributions.

Jeff Tiberii of North Carolina Public Radio has more.

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Business
4:23 am
Wed May 16, 2012

The Last Word In Business

Originally published on Wed May 16, 2012 6:25 am

Fragrances for the man candles include Riding Mower, which smells like freshly cut grass, and First Down, which has the smell of orange and leather.

NPR Story
3:52 am
Wed May 16, 2012

International Travelers Welcome Atlanta's New Air Terminal

Originally published on Wed May 16, 2012 5:47 am

Transcript

STEVE INSKEEP, HOST:

A new international terminal opens today at the Atlanta Airport. Hartsfield-Jackson International is already the busiest airport in the world. And the new terminal reflects a big by the business capital of the South to become a bigger global player. Georgia wants to attract more international business. NPR's Kathy Lohr has the story.

KATHY LOHR, BYLINE: The new terminal doesn't look like any you've probably seen. Huge windows provide a spectacular view of airplanes taking off and taxiing. A Swarovski crystal chandelier gleams nearby and waves of blue lights highlight the ceiling.

BALRAM BHEODARI: It's just amazing. It's a wow factor for our customer.

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NPR Story
3:52 am
Wed May 16, 2012

'Cloud City': Like Walking Inside A Kaleidoscope

Originally published on Wed May 16, 2012 6:04 am

A new exhibit has opened on the roof of New York's Metropolitan Museum of Art. It's called "Cloud City." The piece stands 28 feet tall, and is composed of 16 many-sided pods.

NPR Story
3:52 am
Wed May 16, 2012

The Latest On Greece's Financial Crisis

Originally published on Wed May 16, 2012 5:47 am

Greece will hold new elections next month after leaders failed to form a government this week. The political uncertainty has raised fears that the heavily indebted country will be forced to exit the eurozone.

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