Last night at the Sotheby's auction house in New York, there was something to scream about. Our last word in business is: "The Scream."
STEVE INSKEEP, HOST:
As we reported yesterday, the Expressionist masterpiece by Edvard Munch went up for sale. There are four versions of this composition, but just one had been privately held by an heir of one of Munch's patrons.
Bolivia and Argentina's nationalization of Spanish companies hasn't gone over well in Madrid. Spanish officials say Bolivia and Argentina will pay the price in the long run, as investors become weary of doing business if their assets could ultimately get seized.
NPR's business news starts with control of the energy.
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GREENE: In South America, a shift towards political populism has led to the nationalism of an oil company in Argentina and an electricity provider in Bolivia. Both of the companies seized are Spanish. The nationalizations are hitting Spain during a time of deep economic crisis. And as we'll hear in a few minutes from reporter Lauren Frayer, they sparked a lot of anger in Spain.
Let's talk about this more with NPR diplomatic correspondent Michele Kelemen. She's traveling with Secretary of State Hillary Clinton. She's in Beijing. And Michele, how did this seem to go so wrong so quickly?
Greeks go to the polls Sunday in a climate of intense voter anger at the politicians they blame for turning their country into an international economic pariah. Protest votes could fill Parliament with an array of new parties, and most surprising is the growing popularity of the xenophobic Golden Dawn, which espouses a neo-Nazi ideology.
As the presidential campaigns refocus on November, they're zeroing in on digital domains. In fact, the Obama campaign has spent six times as much money advertising online as it has on TV so far, though that's certain to change.
And Republicans are fighting back with a new Facebook app called the "Social Victory Center." (You have to be a Facebook user to access the site.)
Newt Gingrich is officially out of the presidential race. The former House speaker said Wednesday that he's suspending his campaign, and he's ready to help the presumptive Republican nominee, Mitt Romney, battle President Obama. But Gingrich might have a more pressing problem: His campaign has about $4 million in debt.
In Gingrich's exit speech, he opened by thanking people — first his family, then his financial backers.
"I also want to single out, first of all, the over 179,000 donors who helped us at Newt.org and who helped make the campaign possible," he said.
For decades, teachers, managers and parents have assumed that the performance of students and employees fits what's known as the bell curve — in most activities, we expect a few people to be very good, a few people to be very bad and most people to be average.
The bell curve powerfully shapes how we think of human performance: If lots of students or employees happen to show up as extreme outliers — they're either very good or very bad — we assume they must represent a skewed sample, because only a few people in a truly random sample are supposed to be outliers.