NPR's business news starts with a recall from Ford.
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MONTAGNE: A recall from Ford Motor Company comes with a strong and unusual message. If you own a certain 2013 model of the Ford Escape, the company says stop driving it. Ford issued this warning yesterday and said dealers will come pick up the SUVs from owners and drop off a loaner car.
Now, today is an important day for more than 40,000 salaried retirees of General Motors. They're facing a major financial decision. This evening marks the deadline for accepting a pension buyout.
Michigan Radio's Tracy Samilton explains.
TRACY SAMILTON, BYLINE: The GM retirees have two choices: either take a lump-sum payment - which can range from 400,000 to $800,000 - or their pensions will be shifted from GM's books to the private insurance company Prudential.
In Spain, hundreds of thousands demonstrated in scores of cities yesterday, protesting austerity measures meant to pull the government out of the red. Sales tax is going up, and civil servants are taking pay cuts. All this as Europe readies a bailout of Spain of up to $125 billion.
Lauren Frayer reports from Madrid.
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LAUREN FRAYER, BYLINE: About 100,000 Spaniards flooded Madrid's center once the sun went down on another 100-degree day.
And today's last word in business is: Sylvia - Sylvia Woods, the name behind soul food haven Sylvia's.
RENEE MONTAGNE, HOST:
It's a restaurant, and for many, it's much more. The Harlem institution has been around for half a century, but it will never be the same because yesterday, Sylvia Woods died at the age of 86, on the same day New York Mayor Michael Bloomberg was due to celebrate her legacy.
Mention Louisiana Gov. Bobby Jindal, and a lot of people still remember his 2009 Republican response to President Obama's first address to Congress. In a voice often compared to Kenneth the Page on 30 Rock, Jindal addressed viewers across the nation as if they were primary school students.
While severe drought is taking hold in the Midwest, Texas is doing better. At this time last year, the state was on fire, crops were desiccated in the field and livestock were slowly starving. But recent rains have almost ended more than a year of record drought.
"If you look at the way we were thinking and feeling on the last July 16, that was desperation. That was despair," says Gene Hall, public relations director for the Texas Farm Bureau.
Mazen Aziz, representing Egypt in the 2012 Summer Olympics, has trained for the 10,000-meter, open-water swim for years. It's a grueling race that can take upwards of 1 hour and 45 minutes, depending on the waves, current or water temperature.
But Aziz is Muslim, and with the Olympics falling during the Muslim holy month of Ramadan, the 22-year-old athlete had to make a choice: be in top physical condition or maintain a primary tenet of his faith.
Brazil's HIV/AIDS program — which has been praised as a model for developing nations — is now under strain.
When HIV first emerged in the 1980s, Brazil responded quickly to the epidemic. The South American country launched large-scale safe-sex drives and gave away millions of condoms. It offered free treatment to anyone who was infected. The Brazilian government took on international pharmaceutical companies and even broke patents to cut medication costs.
In this photo released by the Korean Central News Agency and distributed in Tokyo by the Korea News Service on July 9, North Korean leader Kim Jong Un is seen with a woman in Pyongyang. It's not clear who she is, but a first lady would be a marked departure from the days of Kim's father, who kept his personal life private.
Credit Kim Kwang Hyon / AP
North Korean soldiers dance in the plazas of Pyongyang on Wednesday after the country announced that leader Kim Jong Un was granted the title of marshal.
North Korea's army has been swearing oaths of loyalty to leader Kim Jong Un after he was given the new title of marshal of the nation, cementing his position. This comes just days after the army chief was dismissed for illness. Analysts suspect these announcements are masking far deeper changes, but there's disagreement about what it means.