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4:00am

Tue August 7, 2012
Business

Business News

Originally published on Wed August 8, 2012 1:39 pm

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with your happiness.

(SOUNDBITE OF MUSIC)

MONTAGNE: That's the indicator Fed Chief Ben Bernanke wants to see. Bernanke told a conference of economists last night that despite data pointing to a recovery, many people still feel stressed. He said the economic well-being of Americans is the Fed's ultimate objective - that is, the sense that things are going well.

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4:00am

Tue August 7, 2012
Sports

India's Olympic Effort Faulted

Originally published on Wed August 8, 2012 1:39 pm

Transcript

STEVE INSKEEP, HOST:

Now, as we cover the Olympics, some of you have asked for spoiler alerts, but for this next report that is probably not necessary. NPR's Mike Pesca is taking us inside the world of India's men's field hockey team. We're not too worried about spoilers. Not just because most Americans don't care much about field hockey, but because the Indian squad has done a pretty good job itself of spoiling things. As Mike reports, the team's record tracks with the overall state of the Indian Olympic effort.

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3:03am

Tue August 7, 2012
Politics

Will Tea Party Star Marco Rubio Get GOP VP Nod?

Originally published on Wed August 8, 2012 1:39 pm

Sen. Marco Rubio, R-Fla., listens at left as Republican presidential candidate Mitt Romney speaks in Aston, Pa., in April. Republican leaders from Jeb Bush to John McCain have touted Rubio for vice president.
Jae C. Hong AP

Among the Tea Party successes in the 2010 congressional elections was U.S. Sen. Marco Rubio of Florida. He is now one of those on Republican presidential candidate Mitt Romney's short list of possible running mates.

For any political party, Rubio would be worthy of consideration for vice president or a higher office. He's smart, good-looking and charismatic. The Cuban-American is a plus for Republicans, a party that polls show has been losing ground with Hispanics.

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2:27am

Tue August 7, 2012
World

Growing Pains: Nations Balance Growth, Power Needs

Originally published on Wed August 8, 2012 1:39 pm

Muslim girls study by candlelight inside a religious school in Noida, near New Delhi, on July 31. The collapse of three regional power grids last week caused a massive power outage that blacked out more than half of India.
Parivatran Sharma Reuters /Landov

It may take some time to pinpoint the exact cause of India's massive blackouts last week, but the underlying issue for India and many other parts of the developing world is that supply is struggling to keep up with the growing demand for power — an imbalance that can affect the reliability of electric grids.

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2:26am

Tue August 7, 2012
World

Pakistan Blackouts Power Frustration At Government

Originally published on Wed August 8, 2012 1:39 pm

Tangled power lines in a busy shopping district in Rawalpindi.
Lauren Frayer for NPR

In India last week, surprise grid failures plunged more than half the country into darkness. But power outages in neighboring Pakistan have been intentional — the result of summertime energy rationing.

Despite billions of dollars in U.S. aid, Pakistan has been unable to keep the lights on. Now the situation is getting worse, with riots erupting over factories forced offline.

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