NPR News

A one-year-old boy fell out of a window in New York. He was dangling from an awning then he dropped. Waiting below with open arms was Cristina Torre. Her dad, a former catcher, told the New York Post his daughter always had quick hands.

The man elected to be Iran's new president has been consistently described as moderate. In the days since the election, many have come to question what that means — especially when it comes to the country's nuclear program and its relations with the U.S. Steve Inskeep talks to one of the president-elect's long-time deputies, Hossein Mousavian.

Investors have been nervous about the Federal Reserve's intentions after hints that it might reduce its massive bond buying program. Amid volatile markets, traders and investors complained they wanted more clarity. Chairman Ben Bernanke obliged on Wednesday after a regular two-day meeting of Fed policymakers.

The 51-year-old actor died on Wednesday in Rome. Reports attribute his death to a heart attack. Gandolfini had been a character actor for years before he was given a chance to read for Tony Soprano in a new series about a New Jersey mob boss HBO was producing in the late 90s.

George Zimmer was the founder and executive chairman of the clothing retailer. For three decades, Zimmer starred in the company's commercials. His catch saying: "You're going to like the way you look. I guarantee it."

Renee Montagne has business news.

A federal judge on Thursday hears arguments over whether a lawsuit against the NCAA should be expanded. The case was brought by former UCLA basketball player Ed O'Bannon. He contends the NCAA unfairly benefits from student athletes by forcing them to sign away their licensing rights.

Two cities in Brazil have canceled bus and subway fare hikes after massive demonstrations. Anger over poor public services and government spending on sports arenas brought thousands of protesters into the streets.

In many parts of the developing world, drinking a glass of water can be deadly — especially for young children, who can die of diarrheal diseases contracted from dirty water.

So getting clean water to people in the developing world has been a top priority for aid groups for a long time. But it's been a surprisingly hard problem to solve.

Supplies of oil have been surging this year, and U.S. drivers, who have been switching to more fuel-efficient cars, are using less gasoline.

That would seem to be the right economic combination to push down prices at the pump, but gasoline prices have remained stubbornly high this summer.

Even some people in the industry are wondering whether the law of supply and demand somehow has been repealed.