And staying here in California, our last word in business is lights, camera, sold.
The sale of Variety is officially a wrap. The venerable 107-year-old show biz daily has been bought for $25 million by Penske Media, the owner of Variety's upstart online rival Deadline.com. Like its longtime competitor, the Hollywood Reporter, Variety has had trouble making the switch to digital media, but it still turns a profit. So in the language that Variety helped make famous, Penske seems to believe this deal will be boffo and not a flopola.
This is MORNING EDITION from NPR News. I'm Renee Montagne.
STEVE INSKEEP, HOST:
And I'm Steve Inskeep. Good morning.
All this week, we've been reporting on the winners of this year's Nobel Prizes. And today in Stockholm, the Royal Swedish Academy of Sciences announced the winners of the Nobel Prize for Chemistry. The chair of the Nobel Prize committee for chemistry described the importance of the discovery by giving the assembled reporters a little scare.
The Libya hearing provides a reminder of the role foreign policy is playing in the presidential campaign. We asked two foreign policy specialists about the candidates' approach to the Middle East and the Persian Gulf. Shadi Hamid of the Brookings Institution is director of research at the Brookings Doha Center in Qatar.
SHADI HAMID: Living here in the region, there is a general here that Obama is a weak president.
INSKEEP: A sense he says persists despite the U.S. intervention in Libya and the killing of Osama bin Laden.
For the past decade, scientists have been toying with the notion of encapsulating medicine in microscopic balls.
These so-called nanospheres could travel inside the body to hard-to-reach places, like the brain or the inside of a tumor. One problem researchers face is how to build these nanospheres, because you'd have to make them out of even smaller nanoparticles.
For our series First and Main, Morning Edition is traveling to contested counties in swing states to find out what is shaping voters' decisions this election season. The latest trip took us to Larimer County, Colo.