Morning Edition

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RENEE MONTAGNE, HOST:

And if our Pie Week isn't enough for you, how about a new pie every day?

EVAN KLEIMAN, BYLINE: I said that I was going to make a pie a day all summer. Everybody's ears pricked up.

MONTAGNE: Evan Kleiman is the host of GOOD FOOD, a program from member station KCRW in Santa Monica.

KLEIMAN: All my producers at the radio station said: You know, you really have to do this now. And I just started. And it was sort of this free-flowing thought process of I would make a pie, and then I would criticize it.

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LINDA WERTHEIMER, HOST:

NPR's business news starts with a U.K. interest rate probe.

(SOUNDBITE OF MUSIC)

WERTHEIMER: The former chief executive of Barclays is testifying before a parliamentary committee in Britain. Bob Diamond, who resigned yesterday, is being asked about the rate-setting scandal at the bank. He told lawmakers in the hearing today that it was an unfortunate series of events. Yesterday, Barclays released documents suggesting a Bank of England official may have pressured Barclays to lower its rates. NPR's Jim Zarroli reports.

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LINDA WERTHEIMER, HOST:

This is MORNING EDITION from NPR News. I'm Linda Wertheimer.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne. Good morning.

Maybe you won't pay several hundred dollars for a pair of sneakers, but there are a lot of people who will — providing they are the right sneakers. The demand for certain models has spawned a robust market for re-sellers — people who buy up the available supply and re-sell them for a profit.

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LINDA WERTHEIMER, HOST:

The Olympic Games are now just over three weeks away. NPR's Philip Reeves is tracking preparations. He brings us his latest letter from London.

PHILIP REEVES, BYLINE: So it's true then. Surface-to-air missiles really will be stationed on London's rooftops during the Olympic Games.

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LINDA WERTHEIMER, HOST:

Our last word in business today: body of work. That's the legacy left behind by Italian car designer Sergio Pininfarina. He died yesterday in Turin, Italy at age 85. His family's design firm was behind the sleek, elegant bodies that became a hallmark of Ferrari automobiles.

RENEE MONTAGNE, HOST:

It is not facetious to say that dying may not have been the worst thing to happen to Joe Paterno this past year.