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World
6:11 am
Fri June 29, 2012

Train Offered For Auction Is Not A Toy

Transcript

LINDA WERTHEIMER, HOST:

Good morning. I'm Linda Wertheimer. Much excitement about a big bid on a New Zealand public transit train offered on an online auction. The broken-down train has close to three million miles on it. It's over 60 years old. That's significantly older than the highest bidder, who is four years old. The tech-savvy toddler's $30,000 bid has been removed, and the posting now reads: Adults only. This is not a toy. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

Business
6:01 am
Fri June 29, 2012

World's Biggest Brewer Acquires Another Company

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a new owner for Modelo.

(SOUNDBITE OF MUSIC)

MONTAGNE: The world's biggest brewer, Anheuser-Busch InBev, announced today it's becoming bigger. The Belgian company says it's buying the rest of the Mexican brewer known for the beer, Corona. InBev had already owned a non-controlling stake and is paying more than $20 billion for full control. Analysts say the buy will help InBev move into new markets. Transcript provided by NPR, Copyright NPR.

Economy
5:52 am
Fri June 29, 2012

European Leaders Try To Tackle Eurozone's Crisis

Originally published on Fri June 29, 2012 12:30 pm

Transcript

RENEE MONTAGNE, HOST:

And European leaders worked through the night last night, at a summit in Brussels aimed at tackling the eurozone's worsening debt crisis.

PHILIP REEVES, BYLINE: NPR's Philip Reeves is there and says they've reached an agreement on at least some issues.

Spain and Italy are among the largest economies in Europe. Their borrowing costs have been spiraling towards unsustainable levels. Spain has warned that it can't afford to pay them for much longer.

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Business
5:46 am
Fri June 29, 2012

Markets Caught Off Guard By Health Care Ruling

Transcript

LINDA WERTHEIMER, HOST:

Yesterday's ruling on health care took the financial markets by surprise. Stocks were mixed with some shares finishing the day sharply higher. By the end of the day, stock traders seemed to shrug off the ruling.

NPR's Jim Zarroli reports.

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Law
5:18 am
Fri June 29, 2012

Revisiting Some Recent Supreme Court Decisions

Originally published on Fri June 29, 2012 5:29 am

Transcript

RENEE MONTAGNE, HOST:

The Supreme Court's decision on health care yesterday was just one of several handed down this week. The justices also struck down mandatory life sentences for juveniles, citing cruel and unusual punishment.

LINDA WERTHEIMER, HOST:

There are more than 2,000 inmates serving mandatory life sentences for crimes they committed as minors. The high court said judges should be allowed to consider mitigating factors such as a young defendant's immaturity or the circumstances of his or her upbringing.

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