Venezuelan President Hugo Chavez has beaten his most serious political challenge in years. He defeated a young former governor handily in Sunday's presidential election. With this victory, Chavez has another six years to consolidate his socialist system in the country with the world's largest oil reserves.
It was the toughest challenge to his rule that he'd received in years — a young, vigorous candidate whose election would have ended Chavez's self-proclaimed revolution.
The ice covering the Arctic Ocean was at a record low, in keeping with a sharp warming trend in the far north. At the same time, the amount of the ocean around Antarctica covered by sea ice hit a record high. It's winter in Antarctica when it's summer in the Arctic. But why in a warming world is wintertime ice growing?
And today's last word in business is about a Washington, D.C. company stepping up to the plate for a PR pinch hit. LivingSocial is a daily discount website that competes with Groupon. It's based in Washington, D.C., and is offering a sweet deal to its hometown baseball fans.
You see, the Washington Nationals are in the Major League Baseball playoffs this year, but these games start and end late after public transit has closed. So in the past, pro sports organizations have paid deposits to keep the Metro system running overtime.
Originally published on Mon October 8, 2012 5:50 am
British researcher John Gurdon and Shinya Yamanaka of Japan have won this year's Nobel Prize in medicine or physiology. They won "for the discovery that mature cells can be reprogrammed to become pluripotent."
Which brings us to our next story. As Americans try again to heat up the solar industry, let's get an update on the competition. We reported last week on the West Coast solar power company that is trying to succeed where companies like Solyndra famously failed. American companies have struggled because they've been undermined by cheap imports from China. So it is meaningful to note that China's solar power industry is a mess.
We're going to talk about that with Beijing-based economist Patrick Chovanec. Welcome back to the program.