6:24pm

Wed May 2, 2012
Europe

Investors Flee Spain As Economy Spirals Downward

Originally published on Wed May 9, 2012 10:44 am

Credit Dominique Faget / AFP/Getty Images

The news keeps getting worse for Spain. This week came word that the country has fallen back into recession. Meanwhile, Spain's unemployment rate is the highest in Europe. Investors are once again fleeing the country and interest rates on government debt are climbing.

The numbers coming out of Spain these days are stark. The economy contracted at a 0.3 percent rate during the first part of this year. Housing prices are down 21 percent from their peak, and unemployment is nearly 25 percent.

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6:16pm

Wed May 2, 2012
The Two-Way

News Corp. Board Gives Murdoch Its Vote Of Confidence

Credit Sang Tan / AP

A little more than a day after a committee of British parliamentarians said Rupert Murdoch was "not a fit person" to lead a major international company, the board of News Corp. said they still backed Murdoch's leadership.

NPR's David Folkenflik reports that the board issued the statement of suport unanimously.

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5:44pm

Wed May 2, 2012
Business

Home Sweet Mobile Home: Co-Ops Deliver Ownership

Originally published on Wed May 9, 2012 10:44 am

Judy Stoddard, 71, lives in Carver, Mass., but every weekday morning, she picks herself up out of bed and drives to Boston.

"I do the back roads, which gets me there in an hour and 40 minutes," Stoddard says. "I'm exhausted when I get there. I'm exhausted when I come home."

Stoddard drives those back roads for a reason — she can't see out of one eye. But as long as her rent keeps creeping up, she keeps going back to work.

"I can't retire. I want to keep my house. I put a lot of work in this house. I don't want to lose it," she says.

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5:26pm

Wed May 2, 2012
Election 2012

Before Recall, Wis. Dems Must Choose Walker's Rival

Originally published on Wed May 2, 2012 5:33 pm

The political civil war that has gripped Wisconsin since Republican Gov. Scott Walker's 2010 election will intensify next week when Democrats pick a candidate to post up against the governor in a historic recall election in June.

Tuesday's Democratic gubernatorial primary has developed into a two-person race between Milwaukee Mayor Tom Barrett, who lost to Walker in the GOP landslide of 2010, and former County Executive Kathleen Falk, the favorite of the state's public employee unions.

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5:25pm

Wed May 2, 2012
All Tech Considered

Explosion In Free Online Classes May Change Course Of Higher Education

Originally published on Wed May 9, 2012 10:44 am

Credit Matjaz Boncina / iStockphoto.com

Harvard University and the Massachusetts Institute of Technology are teaming up in a $60 million venture to provide classes online for free. The move is the latest by top universities to expand their intellectual reach through the Internet — a trend that is changing higher education.

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5:25pm

Wed May 2, 2012
Education

Cal State Faculty On Strike Amid A 'Scary Future'

Originally published on Wed May 2, 2012 9:56 pm

California State University, the nation's largest four-year, public university system, is in trouble. Wednesday, professors authorized a strike over working conditions and pay, and students began a hunger strike demanding a tuition freeze.

The faculty authorization allows for two-day strikes at each of the schools in system, one after the other. A strike date is pending, though, and will only take place if negotiations fail.

This unfolding crisis is the result of massive state cuts in funding that have pushed higher education in California to the breaking point.

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4:55pm

Wed May 2, 2012
Middle East

A Syrian Graffiti Artist, Defiant Until Death

Originally published on Wed May 9, 2012 10:44 am

They called him "the spray man" for his graffiti that appeared all over the Syrian capital of Damascus. But in truth, 23-year-old Nour Hatem Zahra was an activist like any other activist.

He started protesting in Syria last spring. Back then, the opposition thought it would only take a few months to get rid of President Bashar Assad, as it had in Tunisia and Egypt.

Then Syrian forces started killing protesters, detaining them, torturing them. And the people started fighting back.

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4:45pm

Wed May 2, 2012
Latin America

Cuba's New Mantra: Viva Private Business

Originally published on Wed May 2, 2012 6:26 pm

Socialism has been Cuba's official economic policy for more than a half-century, and some 85 percent of the Cuban workforce is employed by the state.

But that is changing fast. Communist authorities say that nearly half of Cuba's economic activity will shift to the private or "non-state" sector in the next four or five years.

Those plans signal a new urgency to Cuban President Raul Castro's economic reforms, and one reason is that Venezuelan President Hugo Chavez, the island's biggest benefactor, is battling cancer and facing re-election in October.

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4:21pm

Wed May 2, 2012
Europe

In Greek Election Campaign, Anger Trumps Civility

Originally published on Wed May 2, 2012 6:26 pm

Greeks will vote Sunday in what is expected to be the most fractious parliamentary election in decades.

People are so divided that no party is expected to get enough votes to form a government. Voters blame politicians for bankrupting the country and then selling it out to international lenders, who forced the government to impose painful austerity measures in exchange for billions of euros in bailout loans.

This election is an early one; the economic crisis forced out the previous elected government led by George Papandreou.

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4:15pm

Wed May 2, 2012
The Salt

Lard Is Back In The Larder, But Hold The Health Claims

Credit Steven Depolo / Flickr.com

What secret ingredient makes the pie crust so crisp and flaky? If you're from the Midwest, you may have guessed: Lard. The pig fat reviled for decades as supremely unhealthy is undergoing a lipid rehabilitation by American chefs and home bakers.

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