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And the controversial Keystone XL pipeline, whose construction has been delayed over environmental concerns, could now face some competition.

As NPR's John Ydstie reports, two companies have announced plans to build pipelines that would carry out the same service as the XL, channeling oil from Canada's tar sands to refineries in the Gulf of Mexico.

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Kenya strikes oil - that was the headline in Nairobi's Daily Nation newspaper this week. It's the first time such a discovery has been made in the East African nation. Kenya's energy minister quickly held a press conference with oil company executives. Holding up a glass bottle of crude oil, he pledged to make sure that oil is a blessing for the people and not a curse.

And we're joined now by the BBC's Will Ross in Nairobi to talk about this discovery. Well, good morning.

WILL ROSS: Good morning.

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NPR's business news starts with new owners for the L.A. Dodgers.

One of the more legendary athletes here in Los Angeles, basketball's Magic Johnson is leading a consortium of investors to buy the Major League baseball team.

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This is a $2 billion deal. And that shatters the record for the most money paid for a North American sports franchise. The NFL's Miami Dolphins went for $1.1 billion three years ago.

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This is MORNING EDITION from NPR News. I'm David Greene.

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And I'm Renee Montagne.

Foreign ministers of the Arab League are meeting in Baghdad today. It's something of a return to the world stage for the Iraqi capital, marking the first time in two decades Baghdad has hosted this summit of Arab leaders. NPR's Kelly McEvers is there to cover the event and joins us now.

Good morning, Kelly.

KELLY MCEVERS, BYLINE: Good morning.

Folklorist Alan Lomax spent his career documenting folk music traditions from around the world. Now thousands of the songs and interviews he recorded are available for free online, many for the first time. It's part of what Lomax envisioned for the collection — long before the age of the Internet.

This year's Final Four seems more like Best in Show at the Westminster. Such pedigree: Kentucky, Kansas, Ohio State and Louisville –– four of the very top dogs in the history of the sport. Well, it's a Meryl Streep kind of year, isn't it?

But if the Final Four might delight fans by giving them aristocracy in its teams, unfortunately the whole of college basketball is plagued by anonymity in its players, and external issues that have diminished the popularity of the game.

Good grief. This year, there has been more buzz about Mad Men than about March Madness.

It took a while, but guards at Canada's Glenbow Museum finally noticed a new acquisition in the gallery: An oil painting of a semi-nude woman. An anonymous note said the donor's late father did the painting and had always wanted his work in a museum.

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Apple CEO Tim Cook has flown in to China to meet with government leaders. He's trying to work out issues ranging from trademark concerns to treatment of local factory workers who make Apple products.

Hanoi, Hue, Danang and Saigon, were city names that were stamped on the American psyche a half-century ago, when the U.S. waged war in Vietnam. The once war-torn, Southeast Asian nation has made great strides to leave its troubled past behind.

Lawmakers in the House are expected to vote on a jobs act Tuesday. Part of the legislation would allow the public to make investments in start-up companies and small businesses. These companies could raise money online or through social networks. The bill would lift SEC regulations that restrict soliciting investors.

More than 50 international leaders wrapped up talks Tuesday in Seoul, South Korea, on what needs to be done to secure vulnerable stockpiles of plutonium and highly enriched uranium. President Obama hosted the first such summit two years ago. He praised the achievements since then, but said much more needs to be done.

Libertarians say it's like watching dear friends in an ugly divorce, as the billionaire Koch brothers try to take control of the highly regarded Cato Institute. The head of Cato says the Kochs are out to politicize the think tank.

The Pennsylvania capital Harrisburg is more than $300 million in debt. The budget is controlled by a state-appointed custodian. City and law enforcement services are under strain and residents worry violent crime may be growing.

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And our last word in business today is: billion euro real estate. That's how much artist Frank Buckley's Dublin apartment cost. In theory, he actually got the materials for free from Ireland's central bank.

The walls, furniture and detailing in his apartment are all made from bricks of shredded euro notes. Buckley estimates each brick contains 40 or 50,000 euro's worth.

FRANK BUCKLEY: I collected two trailer-fulls of shredded notes - 1.4 billion euro.