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Clouds Block Florida Crowd's View Of Venus

Jun 6, 2012

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DAVID GREENE, HOST:

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RENEE MONTAGNE, HOST:

And our last word in business this morning is: litigious days.

(SOUNDBITE OF "HAPPY DAYS" THEME SONG)

MONTAGNE: That, of course, is the theme from "Happy Days," the hit sitcom from the 1970s and '80s. These days, not everyone is so happy. Several cast members from the show are battling with CBS and Paramount, for unpaid royalties.

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And let's turn to the issue that is front and center this election year - the economy. Austerity measures aimed at curing Europe's debt crisis have thrown a number of eurozone countries into recession. The threat of defaults in Greece and even larger countries like Spain have rattled U.S. financial markets, and President Obama recently said that Europe's troubles are casting a shadow over the U.S. economy.

To better understand what the president is talking about, we brought in NPR economics correspondent John Ydstie.

Merrill Garbus, the woman behind the experimental folk-rock band tUnE-yArDs, wrote her song "My Country" with the state of the union on her mind. The melody resembles "My Country, 'Tis of Thee" at first but quickly veers into more chaotic territory.

Artist Takes Taxidermy To New Heights

Jun 5, 2012

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Castle In Phoenix Sells For $1.5 Million

Jun 5, 2012

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

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And our last word in business this morning is: Jubilation.

Hundreds of thousands of Britons gathered outside Buckingham Palace last night for the Diamond Jubilee concert, celebrating the queen's 60-year reign. The evening offered a break from Britain's bad economic news and another opportunity to rebrand positively the Royal Family.

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Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Republican Gov. Scott Walker faces Milwaukee Mayor Tom Barrett in a recall election Tuesday that has attracted a lot of outside money. The attempt to remove Walker came after he successfully pushed to limit collective bargaining rights for public sector unions.

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Bad economic headlines have not stopped the celebration in Britain. Britons are in the midst of a four-day holiday celebrating Queen Elizabeth's 60 years on the throne. And yesterday the queen herself led a flotilla of a thousand boats on the Thames. It was described as the largest such river pageant in more than 300 years, and Vicki Barker was there.

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