NPR's business news starts with a big blogging buyout.
Today, Yahoo announced its purchase of the blogging site Tumblr. The $1.1 billion deal was unanimously approved by Yahoo's board. Analysts say the acquisition is Yahoo's attempt to revitalize itself.
California is about to become the first state to require shore power at its ports. A new law mandates at least half of a shipping line's fleet to shut down their diesel engines and plug into shore-side electric power when they unload their cargo. It's part of a larger effort to cut pollution at the state's busiest ports, but costs have been a sticking point.
The candidates have spent a record amount of money. They've stumped hard in a city that isn't easy to campaign in — 470 square miles sliced up into neighborhoods divided by a web of freeways.
Yet despite nearly $20 million in spending in the March primary alone, turnout is expected to be low next Tuesday in Los Angeles when voters go to the polls to pick a new mayor to replace the term-limited Antonio Villaraigosa.
As a result, City Councilman Eric Garcetti and his opponent, City Controller Wendy Greuel, are engaged in an all-out blitz for votes across the sprawling city.
Four people will share the reward money associated with the capture of former Los Angeles Police Department officer Christopher Dorner. He was the cop who went on a killing spree after being dismissed from the force.
A cruise run by the Aquarium of the Pacific in Long Beach, Calif., sounds like a picturesque summer outing. But the Urban Ocean boat cruise highlights the juxtaposition of a powerful port with a fragile ecosystem: You're just as likely to see trash as you are to see marine life.
In front of the aquarium, school kids are running around, eager to go inside and pet the sharks and see the penguins. There's also a marina, where a small passenger boat called the Cristina shoves off from sunny Shoreline Aquatic Park.
