NPR's Morning Edition

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DAVID GREENE, HOST:

OK. Let's go from the futuristic to a show biz monument from the past. The Hollywood Palladium is up for sale, according to according to the Hollywood Reporter. It's well known as a concert venue, hosting musicians ranging from James Brown to the Rolling Stones to Jay-Z. But we want to bring you back to the Palladium's beginnings as a stylish art deco ballroom back in 1940.

The NAACP recently took what was for some in the organization a controversial step, when it endorsed same-sex marriage. That move has now led some local officers around the country to resign — including the group's most outspoken critic of gay marriage.

The NAACP board says it stands by its resolution calling for marriage equality. But as the nation's oldest civil rights group prepares for its national convention in July, some in the ranks say the resolution caught them by surprise, and that such an important decision deserved open debate.

Federal Reserve Chairman Ben Bernanke told a congressional committee Thursday that the U.S. economy faces some significant risks, and Fed officials are still deciding what to do about it.

His remarks disappointed a lot of investors who want the Fed to do something to revive growth. Bernanke spoke at a time when interest rates on government debt are hitting lows not seen since the Great Depression.

The Obama administration is searching for a "sweet spot" in economic policy: measures that could increase job growth right now without worsening the federal deficit. That task gained new urgency this month when the Labor Department reported a sharp slowdown in job growth in May.

The challenge could force the president to try to revive his "grand bargain" with Republicans.

Hate crimes, bullying, racism, and hate-based organizations still routinely make the headlines.

Two former House speakers in Pennsylvania are proving politics doesn't have to be partisan. Democrat Bill DeWeese was convicted on corruption charges and began serving time at a prison near Harrisburg. He was approached by his former legislative rival, Republican John Perzel to room together.

Perched on his homemade bike, Felix Guirola rides around Havana. The bike is so tall; he can peer over buses and second-story windows. Hanging traffic lights do pose a problem.

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RENEE MONTAGNE, HOST:

NPR's business news starts with NASDAQ compensating clients.

(SOUNDBITE OF MUSIC)

MONTAGNE: The NASDAQ stock exchange will pay $40 million in compensation for botched trades that occurred during Facebook's initial public offering. NASDAQ clients lost millions of dollars on Facebook's May IPO because of computer glitches. The opening trade was delayed by more than half an hour, and many investors were unsure if their trades had gone through.