NPR Story
6:05 am
Thu May 3, 2012

The Last Word In Business

Originally published on Thu May 3, 2012 10:31 am

Transcript

DAVID GREENE, HOST:

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.

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NPR Story
6:05 am
Thu May 3, 2012

Take Over Moves By Bolivia, Argentina Angers Spain

Originally published on Thu May 3, 2012 10:31 am

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 Story
6:05 am
Thu May 3, 2012

Argentina Takes Over Spanish Energy Firm YPF

Originally published on Thu May 3, 2012 10:31 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with control of the energy.

(SOUNDBITE OF MUSIC)

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.

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NPR Story
6:02 am
Thu May 3, 2012

U.S. Tries To Clarify What Chinese Activist Wants

Originally published on Thu May 3, 2012 10:31 am

Transcript

STEVE INSKEEP, HOST:

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?

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NPR Story
6:02 am
Thu May 3, 2012

Activists Changes His Mind About Staying In China

Originally published on Thu May 3, 2012 11:26 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene.

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NPR Story
6:02 am
Thu May 3, 2012

Angry Voters Could Change Makeup Of Greece's Parliament

A member of the Golden Dawn far-right political organization takes part in a demonstration in Peraia, a suburb outside Thessaloniki, on April 26. Some polls indicate that in the national elections May 6, Golden Dawn may surpass the 3 percent threshold needed to enter Parliament.
Sakis Mitrolidis AFP/Getty Images

Originally published on Thu May 3, 2012 11:50 am

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.

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News
3:41 am
Thu May 3, 2012

Trayvon Martin Case 2.0: Digital Trial Before Jury

People hold signs during a small April rally in Sanford, Fla., that was billed as an opportunity to show support for the constitutional rights of George Zimmerman and Trayvon Martin.
Joe Raedle Getty Images

Originally published on Thu May 3, 2012 1:33 pm

If the parents of slain Florida teenager Trayvon Martin can use social media and the Internet to demand justice, so, too, can the boy's killer.

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It's All Politics
3:06 am
Thu May 3, 2012

That New Friend You Made On Facebook? He Might Be Named Mitt Or Barack

An image from the Republican National Committee's Facebook page advertises its new "Social Victory Center" app.
RNC via Facebook.com

Originally published on Thu May 3, 2012 10:31 am

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.)

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Presidential Race
3:05 am
Thu May 3, 2012

Gingrich Out Of The Race, But Still In Debt

Former House Speaker Newt Gingrich pauses while announcing that he is suspending his presidential campaign Wednesday in Arlington, Va.
Evan Vucci AP

Originally published on Thu May 3, 2012 11:42 am

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.

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Humans
3:04 am
Thu May 3, 2012

Put Away The Bell Curve: Most Of Us Aren't 'Average'

Hank Aaron breaks Babe Ruth's record for career home runs as he hits No. 715 at Atlanta-Fulton County Stadium on April 8, 1974, on his way to a career 755 home runs. Research suggests that in a wide variety of professions, including collegiate and professional sports, a small but significant number of individuals perform exceedingly well and the rest of individuals' performance trails off.
AP

Originally published on Thu May 3, 2012 11:06 pm

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.

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