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.
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.
It's MORNING EDITION from NPR News. I'm Steve Inskeep.
DAVID GREENE, HOST:
And I'm David Greene.
Our own Renee Montagne is in Afghanistan at a moment when its relationship with the United States is turning a corner. And for the next couple of weeks, Renee is going to be bringing us a range of voices and also opinions about what lies ahead. Renee joins us now from Kabul.
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.)
The African-American experience is reflected, right now, on the walls of the Smithsonian American Art Museum in Washington, D.C. Exuberant dancing in Chicago. Laundry on a line in the nation's capital. A girl smiling out from her father's warm jacket — all captured in photographs, paintings and sculptures from the 1920s through the 1990s.
A home for the Academy Awards ceremony has been secured. The Kodak Theatre will now be called the Dolby Theatre. The audio technology company has signed a naming-rights deal with the real estate group that owns the property where the Oscar ceremony is held. Kodak, which filed for bankruptcy protection in January, gave up its naming rights.
NPR's business news starts with falling profits for UBS.
(SOUNDBITE OF MUSIC)
GREENE: Suisse Bank UBS announced today that their profits fell 54 percent in the first quarter of this year. The drop is blamed on a decrease in investment banking income, and also because of an accounting charge on its debt.
The killing of Osama bin Laden in the Pakistani garrison town of Abbottabad one year ago Wednesday rocked the country's political and military establishment, and provoked widespread rage at what Pakistanis saw as a blatant violation of national sovereignty.
A year on, there are widely differing opinions among Pakistanis about the significance of the al-Qaida leader in a country where militant groups draw inspiration from him.
His legacy is in plain view at rallies across the country that evoke virulent anti-Americanism.