NPR's business news starts with falling profits for UBS.
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GREENE: Suisse Bank UBS announced today that their profits fell 54 percent in the first quarter of this year. The drop is blamed on a decrease in investment banking income, and also because of an accounting charge on its debt.
Pakistanis walk past the rubble of the demolished compound of slain al-Qaida leader Osama bin Laden in the northern town of Abbottabad this week. Bin Laden's legacy in Pakistan appears mixed. Support for al-Qaida seems to be down, but bin Laden is still revered by extremists.
Credit Sajjad Qayyum / AFP/Getty Images
Pakistani citizen Mushtaq Ahmed, 50, says Osama bin Laden "will be remembered as an anti-Muslim," whose ideology is "repugnant" to most Pakistanis. "There are people who heap praise on bin Laden, but as far as I'm concerned, he was an animal." <strong></strong>
Credit Julie McCarthy / NPR
Beenish Ashraf, 23, says the younger generation of Pakistanis has been psychologically affected by the accumulated traumas in Pakistan, and feels that the U.S. interferes in Pakistani affairs.
The killing of Osama bin Laden in the Pakistani garrison town of Abbottabad one year ago Wednesday rocked the country's political and military establishment, and provoked widespread rage at what Pakistanis saw as a blatant violation of national sovereignty.
A year on, there are widely differing opinions among Pakistanis about the significance of the al-Qaida leader in a country where militant groups draw inspiration from him.
His legacy is in plain view at rallies across the country that evoke virulent anti-Americanism.
The group was convened by Florida's governor and legislative leaders. The move comes after Trayvon Martin, an unarmed teen, was shot to death by neighborhood watch captain George Zimmerman. Since the law's passage in 2005, there's been growing concern about the law among police, prosecutors and judges.
Pfizer, one of the worlds largest drug companies, will pay Brigham Young University nearly half a billion dollars to settle a patent related lawsuit involving the company's blockbuster painkiller Celebrex.
NPR's Wendy Kaufman reports, the settlement comes as the case was about to go to trial.
A home for the Academy Awards ceremony has been secured. The Kodak Theatre will now be called the Dolby Theatre. The audio technology company has signed a naming-rights deal with the real estate group that owns the property where the Oscar ceremony is held. Kodak, which filed for bankruptcy protection in January, gave up its naming rights.
Vast as they are, the interrelated problems of Afghanistan, Pakistan and al-Qaida are only some of the problems the president faces - and that will be faced by whoever wins this fall's election. Egypt is preparing for a presidential election of its own, the first since a revolution toppled President Hosni Mubarak. And today, a protest related to that election led to deadly violence.