Good morning. I'm Linda Wertheimer. Much excitement about a big bid on a New Zealand public transit train offered on an online auction. The broken-down train has close to three million miles on it. It's over 60 years old. That's significantly older than the highest bidder, who is four years old. The tech-savvy toddler's $30,000 bid has been removed, and the posting now reads: Adults only. This is not a toy. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.
Though there's been welcome news about progress in fighting the wildfire that has now destroyed about 350 homes in and around Colorado Springs, Colo., there's also the sad news that at least one person has died.
NPR's business news starts with a new owner for Modelo.
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MONTAGNE: The world's biggest brewer, Anheuser-Busch InBev, announced today it's becoming bigger. The Belgian company says it's buying the rest of the Mexican brewer known for the beer, Corona. InBev had already owned a non-controlling stake and is paying more than $20 billion for full control. Analysts say the buy will help InBev move into new markets. Transcript provided by NPR, Copyright National Public Radio.
Yesterday's ruling on health care took the financial markets by surprise. Stocks were mixed with some shares finishing the day sharply higher. By the end of the day, stock traders seemed to shrug off the ruling.
Hundreds of people in Colorado are coming to grips with a wildfire that tore through Waldo Canyon. Authorities say more than 340 homes were destroyed. Human remains were found in the rubble of a burned-out suburban home, and police say a second person is missing.
This is MORNING EDITION, from NPR News. I'm Renee Montagne.
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And I'm Linda Wertheimer.
The Supreme Court surprised almost everyone yesterday when it upheld the heart of President Obama's health care law: a requirement that everyone either have insurance or pay a fine or tax. It's a big victory for president. It also gives his challenger, Mitt Romney, some important opportunities.
Here's NPR's national political correspondent, Mara Liasson.
This is MORNING EDITION from NPR News. I'm Linda Wertheimer.
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And I'm Renee Montagne. The Supreme Court's decision to uphold President Obama's health care law defied many predictions: the outcome, the legal grounds, and the makeup of the court majority. For Chief Justice John Roberts, his definitive court opinion was either a triumph of judicial restraint, or a sellout, depending on who you talk to.