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MCI announced Tuesday that it has accepted a revised takeover proposal from Verizon. Under the new agreement, Verizon will acquire the long distance phone company for $7.6 billion. Tess Vigeland of Marketplace reports.

NPR's Renee Montagne highlights moments from last night's Academy Awards ceremony. Gladiator won best picture, and Crouching Tiger, Hidden Dragon won best foreign language film. (6:35) Check out the complete list of Oscar winners.

We kick off our series on country music in time for the Labor Day holiday with Martie Maguire, Emily Robison and Natalie Maines. They are considered the biggest-selling female band in history, but found themselves boycotted in 2003 when Maines made an off-the-cuff remark about President Bush on the eve of the U.S. invasion of Iraq. In June, they released their first CD in three years, Taking the Long Way. (Original air date: June 6, 2006)

The U.S. Department of Labor reports that a whopping 2.6 million jobs disappeared in 2008 and that an estimated 11 million Americans are looking for work. Three recent college graduates — Mimi Wong, Sarah Ahmad and Kelsey Schwenk — describe the frustrations and fears of finding themselves unemployed.

In 2000, the muscular, 6-feet-10-inch NBA star was diagnosed with a rare, life-threatening kidney disease. Alonzo Mourning made a full recovery following a transplant. Now, he's written a memoir about the obstacles he had to overcome on the road back to the NBA.

Rep. Liz Cheney, R-Wyo., vice chair of the House select investigating the Jan. 6 Capitol riot, said Trump is legally obligated to comply with the subpoena, but there's a chance he won't.

Former President Donald Trump's onetime top adviser surrendered to federal authorities Monday. Bannon was indicted last week for defying a congressional subpoena related to the Jan. 6 Capitol riot.

The 6th Circuit Court of Appeals said the costs of delaying implementation of the vaccine rule would be high. Employers have until Feb. 9 to comply with the testing requirement.

Chicago Mayor Richard Daley has been pushing for a $6.6 billion expansion of O'Hare International Airport. He wants American and United — the airlines that handle the majority of O'Hare's daily flights — to help fund the project. But the airlines have sued the city and put off a meeting.

Consumer prices shot up 0.7 percent in June, the largest increase in 11 months, reflecting the biggest jump in gasoline prices in nearly five years. But inflation may not be a problem because the recession is keeping a lid on wage pressures.