NPR's business news starts with a new owner for Modelo.
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MONTAGNE: The world's biggest brewer, Anheuser-Busch InBev, announced today it's becoming bigger. The Belgian company says it's buying the rest of the Mexican brewer known for the beer, Corona. InBev had already owned a non-controlling stake and is paying more than $20 billion for full control. Analysts say the buy will help InBev move into new markets. Transcript provided by NPR, Copyright National Public Radio.
Hundreds of people in Colorado are coming to grips with a wildfire that tore through Waldo Canyon. Authorities say more than 340 homes were destroyed. Human remains were found in the rubble of a burned-out suburban home, and police say a second person is missing.
Yesterday's ruling on health care took the financial markets by surprise. Stocks were mixed with some shares finishing the day sharply higher. By the end of the day, stock traders seemed to shrug off the ruling.
The Supreme Court's decision on health care yesterday was just one of several handed down this week. The justices also struck down mandatory life sentences for juveniles, citing cruel and unusual punishment.
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There are more than 2,000 inmates serving mandatory life sentences for crimes they committed as minors. The high court said judges should be allowed to consider mitigating factors such as a young defendant's immaturity or the circumstances of his or her upbringing.
The Supreme Court's decision removes much of the uncertainty for businesses involved in health care. Renee Montagne talks to Karen Ignani of America's Health Insurance Plans, the insurance industry's trade group, about the impact of the Supreme Court's ruling on the health care law.