This is MORNING EDITION from NPR News. I'm David Greene.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne. The U.S. Supreme Court sent back to an appeals court, a high-profile affirmative action case this morning. In a seven to one decision, the country's highest court effectively told the lower court to go back and do it right. For more, we have NPR's legal affairs correspondent Nina Totenberg at the Supreme Court. And, Nina, what exactly did the court say?
Russia's decision to allow Edward Snowden into the country was just one more step in what appears to be a convoluted path to possible asylum. As we've just heard, Snowden is not on the flight to Cuba he was scheduled to take from Moscow. But more on the latest we are looking at, we are joined in the studio by NPR's Dina Temple-Raston. Good morning.
DINA TEMPLE-RASTON, BYLINE: Good morning.
MONTAGNE: OK. Do we know where Snowden is at this minute?
NPR's business news begins with another bad day for Chinese stocks.
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GREENE: The major indexes in China closed down more than five percent - making it the worst day of losses since 2009. And the plunge reverberated, weighing down markets across Asia. The losses we apparently caused by the Chinese government's ongoing attempt to reform its banking system. It's using high interest rates to cut down on risky loans, making access to cash very tight. Transcript provided by NPR, Copyright NPR.
Good morning. I'm Renee Montagne. You can spend tens of thousands on a liberal arts degree, or just buy a fake diploma. The artist David Hockney's fake diploma is expected to sell at auction this week for up to $27,000. He created it in 1962 when he was denied a real degree by the Royal College of Art because he refused to write a final essay. And who know? The work of a famous artist might end up worth more in the long run than a real diploma.
It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.