Sonari Glinton

Delegates, journalists and protesters are beginning to fill the streets of Charlotte, N.C. The city has a lot riding on the Democratic National Convention, which gets under way Tuesday.

Hundreds of protesters paraded around the downtown area of Charlotte — which residents call Uptown — gathering in front of Bank of America headquarters.

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And our last word in business today is Happy Birthday.

Turns out when you're a billionaire investor you can celebrate any way you want. Warren Buffett turned 82 yesterday and his wish was to give away billions, so he did, in the form of millions of dollars worth of his company stock. All told, those shares will eventually be worth about $3 billion. That gift was divided between his three children's charitable foundations.

NPR's Sonari Glinton has more.

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The airline industry is having a better than expected summer. Airline stocks have been on the rise and customer service is improving. These days, airlines are less likely to lose your luggage. They're also seeing the highest percent of on-time arrivals since the government started keeping track in the late 1980s.

NPR's Sonari Glinton reports the industry is getting some help from an unlikely source.

Hundreds gathered in Flint, Mich., Tuesday, to celebrate the return home of Olympian Claressa Shields. At 17, Shields became the first U.S. woman ever — and the only American this summer — to win a gold medal in boxing.

In a rare moment of joy, Flint greeted the high school student with a marching band and a motorcycle escort.

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This is WEEKEND EDITION from NPR News. I'm Scott Simon. Eight-point-two percent, that's the number economists and politicians are looking at closely. It is the unemployment rate for the month of June. The U.S. Labor Department reported that the economy added only 80,000 jobs last month. As the economy continues its very slow recovery, it's worth asking, is the jobs report always the best indicator? NPR's Sonari Glinton has more.

In the car business, Lincoln once stood as the pinnacle of luxury. Frank Sinatra drove a Lincoln. So did the Shah of Iran. In the U.S., the presidential limo was a Lincoln.

The brand peaked with the 1961 Lincoln Continental, a beautiful, innovative car that stood for style, individuality and sophistication.

But after the '60s, Lincoln started on a long, slow decline that mirrored the slide of the American auto industry.

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

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And I'm David Greene.

We'll begin this program with the aftermath of Tuesday's recall election in Wisconsin. Public sector unions took on Republican Governor Scott Walker, and the governor won. Walker became the first U.S. governor to beat back a recall attempt. The unions had spent a lot time, money and political capital in Wisconsin.

NPR's Sonari Glinton reports on what's next for organized labor.

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The Facebook IPO hasn't just sent a jolt of excitement through Silicon Valley, there are many average individual investors who are also thrilled. NPR's Sonari Glinton has more.

SONARI GLINTON, BYLINE: All right. It's a little after 9:30 on Friday. The bell just rang on the NASDAQ, and I'm gonna check in with some regular investors. I'm gonna start with Nelly Sai-Palm. She's a student at the University of Chicago's Booth School of Business, and I'm going to give her a call.

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After spending much of the year on the rise, gas prices are now falling. The average price for a gallon of regular gas nationwide is $3.73, according to AAA. That's a drop of nearly 20 cents in one month, and industry analysts expect the price to keep falling.

You can get in a lot trouble trying to predict commodity prices, though. Phil Flynn, a market analyst at futures brokerage PFGBEST in Chicago, says there is one thing you can predict.

President Obama is attending a fundraiser at the home of actor George Clooney in Studio City, Calif., on Thursday evening, along with about 150 guests. Almost anyone can attend, if they pony up $40,000.

But for a few sweepstakes winners, the price of admission is about $3. It's the latest innovation in political fundraising.

Marketing-wise, there's nothing more old school than a sweepstakes.

A deadly fire and explosion at a German chemical plant has created big headaches for the global auto industry. The recent blast has resulted in a shortage of a chemical compound used in plastic fuel and brake lines. The chemical is hard to replace, and now automakers are scrambling to avoid major production disruptions.

Average prices for cars are at an all-time high, reflecting increased demand and a healthier economy. The average car price has gone up nearly $2,000 since last year. Even though car prices are higher, buyers haven't shied away from picking up a new car.

President Obama is expected to sign another stopgap funding bill that avoids a weekend shutdown of thousands of transportation construction projects. The measure gives a 90-day funding extension for road, bridge and rail construction projects.

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Florida state investigators are continuing to look into the shooting death of Trayvon Martin. His family has been part of a widespread campaign calling for the arrest of the neighborhood watch volunteer who shot and killed the 17-year-old high school student. Yesterday, the parents of Trayvon Martin were up on Capitol Hill attending a forum on hate crimes and racial profiling. NPR's Sonari Glinton reports from the Capitol.

The U.S. Supreme Court began hearing arguments Monday on the legality of President Obama's health care law. Outside the court, there were protesters, a band and even a presidential candidate.

The Senate again tried to add some investor protections to the JOBS bill, which otherwise would remove SEC oversight from companies with as big as $1 billion in sales that are going public.

House Majority leader Eric Cantor is pushing a package of small business bills that also has the support of President Obama. The rare instance of cooperation could mark a change in strategy for the House following historically low approval numbers for Congress and rising poll numbers for the president.

Weeks ago, GOP rival Rick Santorum had caught up to front-runner Mitt Romney in the polls in Michigan. On Monday, he spent the final day before Michigan's primary campaigning in the state.

As Mitt Romney and Rick Santorum battle for first place in the Michigan GOP presidential primary, rival Ron Paul is not expected to come in first or second. Paul doesn't really stand a chance at winning the nomination, but he can impact the party's platform

Presidential candidates Mitt Romney and Rick Santorum are neck-and-neck in the polls in the run-up to the Michigan Republican primary on Tuesday.

One group that Romney appears to have an advantage with is Roman Catholic voters despite the fact that he is Mormon and Santorum Catholic.

The disconnect between faith and politics highlights differences among Catholics and shows that some religious voters are focusing more on other issues.

Declaring Faith

Congress appears to have avoided another showdown over the payroll tax reduction that has been pumping billions of dollars back into the economy. There may even be a deal ahead on jobless benefits and payments to Medicare doctors.

The last time Congress extended the payroll tax holiday was in December, when it passed a two-month extension tied to two other measures. One extended unemployment benefits, and the second fixed a formula by which Medicare doctors are paid. The Medicare fix would stop big cuts in reimbursements for doctors.

For a car designer, there's probably no scarier time than the auto show. And there's probably no scarier auto show than the Detroit Auto Show. It's like report-card day for car designers, but there doesn't appear to be much that scares Christine Park, a senior creative designer with Cadillac.

She's very eager to show off the Cadillac XTS. Park led the design of the interior of the XTS — pretty impressive, since she's only 28 and graduated from design school just six years ago.

In many ways, the Detroit Auto Show has become a kind of consumer electronics show for cars, where you're just as likely to see the rollout of a new app or entertainment system as the introduction of next year's models.

"The growth in mechanical changes [has] now become incremental, whereas the growth in the consumer electronics industry seems to be taking place at a rate that is almost unprecedented," says Thomas Tetzlaff, a spokesman for Volkswagen Canada.