Every morning, Manuel Landin Rodriguez walks past the luxurious state-owned Xanadu Mansion hotel and crosses its neatly trimmed golf course all the way to its edge. He camps out on the cliff overlooking the turquoise Caribbean waters that make the resort town of Varadero on Cuba's northern coast so famous.
Landin, a retired physical education teacher, comes to the spot to fish. When we meet him on the cliffs, he's trying to catch mojarras-- small silver fish that hang out in the shallow waters to avoid sharks — which he will use to feed his family of five.
A U.S. ban on exporting crude oil that has stood for nearly 40 years could be eased a bit this summer, as the Obama administration is seen clearing a path for American companies to export the first shipments of unrefined oil in decades.
Diane Sawyer will leave her job as anchor of ABC News' flagship program, World News, during the last week of August, capping a five-year run at the show and kicking off an anchor shuffle at the network.
Aereo, the company that lets subscribers watch TV stations' video that it routes onto the Internet, violates U.S. copyright law, the Supreme Court has ruled. The court's 6-3 decision reverses a lower court ruling on what has been a hotly contested issue.
NPR's Business News starts with more banking fines. The former Credit Suisse banker David Higgs has been handed $950,000 in fines and penalties by New York court. Higgs pled guilty to conspiracy for his part in hiding subprime mortgage bond losses, back in 2012, worth $100 million. Last year, his former boss was sentenced to two and a half years in prison in the same case. This is one of the few criminal prosecutions to come out of the 2008 financial crisis. Transcript provided by NPR, Copyright NPR.
And today's last word in business. "Like A Rolling Stone" - the only handwritten copy of that famous Bob Dylan song about a person down on his luck, sold at auction this week to someone who clearly isn't.
RENEE MONTAGNE, HOST:
An anonymous bidder got it for $2 million. That's believed to be a record. This draft version of the song also includes rejected phrases, including dry vermouth, you'll tell the truth - also, something about Al Capone leading into the line, like a complete unknown.