Originally published on Mon April 23, 2012 6:27 am
Sebastian Vettel won the Bahrain Grand Prix over the weekend, but in a larger sense the winners were the race organizers. They managed to hold the race which was canceled last year by political unrest, which was part of the uprisings of the Arab Spring. Bill Law, of the British Broadcasting Corporation, talks to Steve Inskeep about the weekend's events in Bahrain.
Originally published on Mon April 23, 2012 6:09 am
Swiss food and drink giant Nestle announced a deal Monday to acquire Pfizer Inc.'s infant-nutrition business for $11.85 billion in a bid to boost sales in emerging markets. Before the announcement, Nestle already had the largest share of the global baby-formula market at just under 20 percent.
Later this week, we get some key data to help judge the state of the nation's housing market. There are some early signs of recovery, but home prices are still falling in many areas, as NPR's Chris Arnold reports.
CHRIS ARNOLD, BYLINE: Tomorrow, we'll get the latest word on home prices from what's called the S&P Case-Shiller index. That keeps showing price declines in many areas. Though those price drops have been leveling off, so things definitely aren't as bad as they were.
Originally published on Mon April 23, 2012 6:19 am
Unlike the United States, Germany never had a housing bubble. Its mortgage market is too tightly regulated. But some German banks did lose a lot of money in the financial crisis, and they're still paying a big price for it.
In its heyday, the textile industry employed 40 percent of North Carolina's work force. Now that employment number is less than 2 percent. But Raleigh Denim has found a way to thrive in North Carolina by making blue jeans the old-fashioned way.
Originally published on Mon April 23, 2012 5:36 am
A deadly fire and explosion at a German chemical plant has created big headaches for the global auto industry. The recent blast has resulted in a shortage of a chemical compound used in plastic fuel and brake lines. The chemical is hard to replace, and now automakers are scrambling to avoid major production disruptions.
French President Nicolas Sarkozy and socialist challenger Francois Hollande will face off next month in a presidential runoff. Anti-immigrant candidate Marine Le Pen came in a surprisingly strong third place.
Now Marco Rubio happens to be one of those regularly mentioned as a possible vice presidential choice for Mitt Romney. And that's where we pick up our discussion with Cokie Roberts, who joins us most Mondays. Cokie, good morning.
COKIE ROBERTS, BYLINE: Hi, Steve.
INSKEEP: So is the vice presidential choice an opportunity for Romney to appeal to Hispanics?