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.
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.
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.
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.
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.
A woman pushes a pram though the Plaza de Murillo on July 3 in Madrid. Spain's custom for multiple families to live under the same roof has tied them closer together as well as their wallets. The country has the highest unemployment rate in the Eurozone, and government benefits help aid those out of work.
What used to be a Spanish tradition is now becoming more of an economic necessity.
In Spain, the social safety net that helps people survive the economic crisis has two parts: government benefits and close family ties. The country has the highest rate in Europe of multi-generational families all living together.
With a quarter of Spaniards out of work, more parents pick up their kids from school themselves, in the middle of what would have been a workday.
Venezuelan President Hugo Chavez, seen speaking during a TV program in Caracas on June 15, will compete with former opposition governor Henrique Capriles and other candidates in October's presidential elections.
Venezuelan President Hugo Chavez, seen talking to the media in Caracas on June 19, says he will win October's election with more than 60 percent of the vote after a poll showed he held a large lead over his opposition rival Henrique Capriles.
In Venezuela, people are beginning to talk about what was once unthinkable: Just who could succeed the all-powerful President Hugo Chavez?
He has been battling cancer, which for much of this year forced him to suspend his once-frequent TV appearances. On Monday, Chavez declared himself free of the cancer, though it's not the first time he's said he was cured.
For 13 years, he has consolidated his hold on power while nationalizing farmland and seizing private companies. And now, despite his infrequent appearances, he remains a political force.