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. Value?
Jackie Kennedy Onnasis' estate has been drawing top dollars all week long at Sotheby's auction house. Noah Adams talks with Michael Marsden, dean of the College of Arts and Science at Northern Michigan University in Marquette who has written about popular culture, about this estate sale. Marsden says he's not surprised by the amount of money people have paid for Jackie O's belongings being auctioned. Rather, Marsden says, people attach a kind of profound value to memorabilia that can be very high. He says this dates back to the Middle Ages when people begin to collect the relics of saints.
Boston Latin
Tess Vigeland of member station WBUR reports that the Boston Latin School has settled out of court with a family that sued the school to protest a special entrance provision for minority students. As part of the settlement, the city's school board will drop special racial admissions categories for the city's prestigious Boston Latin School, and for two other top schools. The student and her family sued after she was denied admission despite receiving higher test scores than some minority students who were admitted.
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3:48
Bob Edwards Talks College Basketball With Sports Commentator John Feinstein.
They discuss one of this season's top players, Center Tim Duncan of Wake Forest, who has resisted offers to go professional before finishing college. Wake Forest is ranked number two in the nation, largely because of Duncan. Tomorrow, he and his teammates take on the University of Maryland, which is ranked number five.
Japanese Slackers
NPR's Eric Weiner reports that Japan's worst economic downturn since World War II has radically changed expectations of young college graduates. In years past, the country's corporate giants would go to the top schools and actively recruit new employees, who generally were given jobs for life. Now it is the students who are chasing employers. And many of them are not finding jobs. Some have given up on full-time employment and simply bounce from one part-time job to another while living with their parents.
California Edison
Southern California Edison, one of California's cash-strapped electric utilities, defaulted to some of its creditors today. It failed to repay, at least temporarily, a 596-million-dollar wholesale electricity bill. The move brings the company a step closer to bankruptcy. The utility said the action was necessary to allow it to continue operations while state and federal officials seek a regulatory solution to California's power crisis. The state, meanwhile, declared another top level power emergency today, citing a shortage of natural gas needed to generate electricity. Scott Horsley reports.
Oil Rig
Noah Adams talks with reporter Tom Gibb about a massive fire which has crippled an enormous 40-story offshore oil rig located 75-miles off Brazil's Atlantic coast. Officials are trying to prevent a spill of the 400,000 gallons of oil on board. The rig may sink within 48 hours. Three explosions on Thursday damaged a pillar supporting the rig; the explosions killed one worker and left nine others missing and presumed dead. The offshore rig was Brazil's top oil producer in the rich Campos Basin.
Shake-Ups Mark U.S. Administration in Iraq
Paul Bremer, the new U.S. civilian administrator for Iraq, arrives in Bagdhad as part of a broad shake-up in the U.S. reconstruction team. Moving out of the country are four top U.S. administrators amid charges that the team has been too slow restoring basic services and has failed to ensure security. NPR's Guy Raz reports.
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4:32
Luxury brand Balenciaga is leaning into the distressed look
You can buy "full destroyed" high top sneakers. The sneakers come shredded and dirty. For a mere $1,850, you too, can look like you don't care how you look.
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0:28
Palestinian Official: 'Small Window' of Hope
A top Palestinian official says he's hopeful that a "small window" of opportunity exists for peace with Israel in the wake of this month's cease-fire agreement. But Nabil Shaath, foreign minister for the Palestinian Authority, says Israel is moving too slowly on several issues.
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0:00
A Dark Journey to the North Pole
This Sunday, two of the world's top solo explorers will attempt to do what no one has ever done: travel 620 miles on an unsupported mission to the North Pole in the total darkness of Arctic winter.
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