NPR's business news starts with a big cable buyout.
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GREENE: Liberty Global is the cable company owned by American media mogul John Malone. Malone is about to have a much broader reach. His company already operates in 14 countries. And now Liberty Global has reached a deal to buy the British cable company Virgin Media for about $16 billion.
Leadership of the Boy Scouts of America may take an important vote today. The organization's executive board is wrapping up a meeting in Dallas, and they're talking about whether to drop their policy banning gay leaders and gay scouts. Activists delivered petitions with more than 1.4 million signatures to the national headquarters this week calling for the Boy Scouts to open up the organization.
NPR's Kathy Lohr reports that the issue has ignited a passionate debate about what the 100-year-old group should do.
We're also tracking a story that federal authorities call one of the biggest credit card fraud rings in U.S. history. Eighteen people are alleged to have created an elaborate web of fake identities and sham companies to steal hundreds of millions of dollars.