Local record and book shops have been disappearing as the market for music and literature moves online. In the past few years, there's been a growth in sites that sell fine art on the Internet. On Tuesday, Amazon joined that market. But in this case, many brick and mortar galleries aren't seeing the Internet as a threat.
Originally published on Wed August 7, 2013 4:45 am
Tanks and troops are in the streets of Yemen's capital, Sanaa, as reports of possible terrorist strikes closed the U.S. and British embassies there. On Tuesday, the U.S. government advised American citizens in Yemen to leave immediately. For a view inside the capital, Renee Montagne talks to Iona Craig, a correspondent for The Times of London and one of the few remaining western journalists still there.
Originally published on Wed August 7, 2013 4:47 am
What is the cultural impact of a revolution? Egyptian artists, writers and comedians are sorting through what they can and can't express now that the Morsi government has been pushed from power and the military is in charge.
Originally published on Wed August 7, 2013 4:52 am
In Boston, a billionaire entrepreneur is buying the Boston Globe. John Henry is currently the owner of the Red Sox baseball team. He says he isn't interest in trying to influence the news — including the baseball coverage.
The company has been hit by a lot of losses since it was founded in 2007. But for the second quarter of this year, it says it earned nearly $9 million. Virgin America seems to be reaping the benefits of falling fuel prices and an increase in people traveling.
The Justice Department is bringing civil charges against one of the nation's largest banks. The government alleges that Bank of America made false statements about the quality of home loans it sold off to investors, $850 million worth of loads. The Justice Department move is the latest in a series of cases being brought against financial firms.
NPR's Chris Arnold has been following all of this and joins us now. Good morning.
News that Jeff Bezos, the founder and CEO of Amazon, is buying The Washington Post for $250 million took many in the news media and publishing industries by surprise. For more insight into Bezos, David Greene talks to BusinessWeek senior writer Brad Stone. He is the author of an upcoming book: The Everything Store: Jeff Bezos and the Age of Amazon.
Once again, Spain and Britain are at odds over a tiny limestone peninsula at Europe's southern tip — Gibraltar. It's physically attached to Spain but has been a British territory for 300 years. Now some Spaniards want it back.