It's ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish. We begin this hour in the dark. Today, India suffered what is by far the largest blackout in history, more than 600 million people without power. Yesterday, roughly half that number struggled through a smaller outage. In a moment, we'll ask how a country as developed as India could suffer such a massive power failure. But first, Elliott Hannon is in New Delhi and sent this report.
BP released its latest quarterly earnings on Tuesday and the oil giant's earnings are way down. The company cited lower oil and natural gas prices, and the lingering effects from the massive 2010 Gulf of Mexico oil spill.
'Morning Edition' executive producer Madhulika Sikka is back in her native Britain on vacation. And in contrast to what she's hearing from her American friends, the viewing choices there for the Olympics are staggering, she says.
The 2012 Summer Olympics are in full swing. And there is one gold medal America wins without fail, every four years. It's for the sport of complaining about NBC's tape-delayed coverage of the Olympic Games.
BP posted a $1.4 billion loss for the second quarter of the year. The main reason for the loss is that BP took a $4.8 billion writedown — in other words it reassessed some of its assets and decided that they were worth less than the company thought.