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DAVID GREENE, HOST:

NPR's business news starts with an acquisition for Lowe's.

(SOUNDBITE OF MUSIC)

GREENE: The home-improvement retailer, Lowe's, has reportedly agreed to buy Orchard Supply Hardware Stores. The sale price is expected to top $200 million. Now Orchard is a California-based hardware-and-garden chain. It was once owned by Sears, and is now about $230 million in debt.

Boring TV is such a hit in the Scandinavian nation of Norway that broadcasters are scrambling to produce even more shows to satisfy the appetites of viewers. One idea being considered is a live show with knitting experts, according to The Wall Street Journal.

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DAVID GREENE, HOST:

OK, Scott just made clear economic issues have some competition for top billing at the G 8 Summit in Northern Ireland. We do, though, want to drill down into one economic question this morning, and that's why interest rates here at home are going up. The bond market has pushed them to the highest levels in 15 months, and that includes mortgage rates.

Let's turn, as we often do, to David Wessel. He's economics editor of The Wall Street Journal. David, good morning.

DAVID WESSEL: Good morning.

In northern Lake Michigan, explorers are stepping up their effort to find a ship that sank in 1679. French and American archeologists are on the lake looking for the ship sailed by French explorer Rene-Robert Sieur de la Salle. So far, the excavation has uncovered a wooden beam that looks like the mast of a ship.

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DAVID GREENE, HOST:

This is Morning Edition from NPR News. Good morning. I'm David Greene. After weeks of protest, security forces in Turkey carried out a violent crackdown yesterday, arresting hundreds of people in Istanbul and other cities around the country. Riot police tear gassed protesters who were trying to return to Istanbul's Taksim Square Sunday.