Morning Edition

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DAVID GREENE, HOST:

Good morning. I'm David Greene. Some photos on Twitter ended Anthony Weiner's congressional career. The latest online image, not quite as damaging. Weiner launched his campaign yesterday to be mayor of New York City, and a gorgeous city skyline showed up on his homepage: the skyline of Pittsburgh, my home town. I'm honored if the Web designer is impressed with our city's skyline.

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RENEE MONTAGNE, HOST:

Good morning, I'm Renee Montagne.

Fracking may have met its match in Germany, where beer makers have lined against it. Fracking, of course, is a way of bringing up natural gas by pumping water and chemicals into the ground. Germany's powerful beer industry is concerned fracking would pollute groundwater. Half of Germany's 1,300 brewers have their own wells and say the pure water is the essence of their famous beers. And if there's one thing Germans take seriously, its beer. Transcript provided by NPR, Copyright NPR.

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RENEE MONTAGNE, HOST:

It's MORNING EDITION, from NPR News. I'm Renee Montagne.

DAVID GREENE, HOST:

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RENEE MONTAGNE, HOST:

And for the past few months, global stock markets appeared to be on an escalator going up, relentlessly reaching new highs. This week, that ride seems to be over - or maybe not. To find out, we turn, as we often do, to David Wessel, he's the economics editor of The Wall Street Journal.

Good morning.

DAVID WESSEL: Good morning, Renee.

MONTAGNE: David, put the stock markets into perspective for us. Apart from the day-to-day ups and downs, which we have been seeing, how have the markets been doing?

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RENEE MONTAGNE, HOST:

NPR's business news starts with a comeback.

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MONTAGNE: Procter & Gamble made a surprise announcement last night. It's bringing back its former CEO as the company's new CEO. A.G. Lafley will replace Bob McDonald. Procter & Gamble is behind names like Crest toothpaste and Tide laundry detergent. The 170-year-old company has been struggling to grow in emerging markets. Transcript provided by NPR, Copyright NPR.