NPR's business news begins with a meaty Chinese investment in the U.S.
A Chinese meat producer plans to buy the U.S. meat company Smithfield for $4.7 billion dollars. Smithfield is the world's largest pork producers, and by some estimates, if this deal is approved by regulators, it would be the biggest takeover of a U.S. company by a Chinese company.
Good morning, I'm Renee Montagne with a follow-up on the record for oldest person to scale Mount Everest. An 81-year-old Nepalese climber earned the title five years ago when he was 76. Last week, an 80-year-old Japanese climber took the crown. Now Min Bahadur Sherchan has given up his attempt to snatch it back but bad weather, due to the season, forced him to turn back. Disappointing. Still, it wasn't age that proved the ultimate barrier.
It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
On this Wednesday, we are following developments in Pakistan. A U.S. drone strike has killed four suspected militants, including - according to some reports - the Taliban's second-in-command in Pakistan. Now, we should say the militant group denies that he's dead. This is the first strike since President Obama's speech last Thursday, announcing that the use of drones would be scaled back to limit civilian casualties.
On a Wednesday, it's MORNING EDITION from NPR News. I'm David Greene.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne. You could call it a failing performance review. Recently uncovered correspondence from the North African branch of al-Qaida lays out - in bullet points - the shortcomings of one of its local leaders. In the letter, he is chastised by his bosses for sloppy expense reports, ignoring emails and failing to pull off, quote, "any single spectacular operation."