NPR's business news starts with Samsung ringing up sales.
(SOUNDBITE OF MUSIC)
INSKEEP: Samsung said this morning its first quarter profit is at a record high - net profit surged 42 percent. The company has now seen six straight quarters of growth, thanks to strong smartphone sales. Tomorrow, it's launching a new smartphone in the United States - the Galaxy S4 - which is aimed at taking on Apple's iPhone. Transcript provided by NPR, Copyright NPR.
Coffee runs through the veins of Latin America. As economically and culturally ubiquitous as it is throughout the continent, it's only natural that it would also be a constant theme in Latin American music. But coffee, present throughout Latin song, is rarely just about a cup of joe: the drink and its colors and flavors are often used as a way to discuss sociopolitical realities.
Smartphones can check e-mail, record videos and even stream NPR. Now NASA has discovered they make pretty decent satellites, too. Three smart phones launched into space this past Sunday are orbiting above us even now, transmitting data and images back to Earth. The PhoneSats, which cost just a few thousand dollars each, could usher in big changes for the satellite industry.
I recently got a tour of the Spangler Candy Co., a family-owned firm in Bryan, Ohio. The company makes 10 million Dum Dums lollipops there every day, and it has a whole separate building where it stores the sugar — enough to fill eight Olympic-size swimming pools.
The CEO, Kirk Vashaw, says he wants to expand the factory and make even more candy there. There's just one thing he needs.
Good morning. I'm Renee Montagne. Minnesota's Mall of America is home to some 500 stores, a theme park and now some 72,000 ladybugs. Third graders released them inside the shopping center this week. Ladybugs protect the mall's 30,000 plants by eating aphids. Some mall-goers worried the bugs might descend on the food court, but a spokesman says the mall has released the ladybugs for years, and there's been no ladybug takeover yet. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
Good morning, I'm Steve Inskeep with news of a changing retail environment.
We've told you of a plan to let states collect sales tax from online retailers. Now we're on the way to an online bar. Vermont lawmakers are considering a bill to let brewers ship their beer directly to consumers. This proposal faces the concern that underage drinkers might order beer but wineries already do this. If the measure should pass, you could order a six-pack or maybe a keg by UPS.
Auto executives got a grilling on Capitol Hill yesterday. Not the usual suspects from Detroit's Big Three. Think much, much smaller. Executives from the hybrid carmaker Fisker testified about hundreds of millions of dollars in loans Fisker got from the government. Today, the company is on the verge of collapse.
NPR's Sonari Glinton reports.
SONARI GLINTON, BYLINE: Fisker, the car company, isn't dead yet. But Congress has already begun the autopsy.
This does not happen very often. This morning all five living presidents, past and present, are in the same place at the same time.
The occasion is the dedication of the George W. Bush Presidential Center on the campus of Southern Methodist University.
RENEE MONTAGNE, HOST:
The design committee for this presidential library had a former librarian as its chairperson, former First Lady Laura Bush. She told our colleague David Greene she studied the libraries of presidents past.
Investigators still do not know exactly why there was a battery fire on a Japan Airlines Boeing 787 jet back in January. On the concluding day of a National Transportation Safety Board hearing, officials did conclude that the original tests of the battery were in adequate.
NPR's Wendy Kaufman reports.
WENDY KAUFMAN, BYLINE: The worldwide fleet of Boeing 787s - that has been grounded for three months - will soon be returning to passenger service.
Air travelers are growing less and less happy. Automatic budget cuts are now leading to hundreds of flight delays, about half of all delayed flights this week.
NPR's Tamara Keith reports.
TAMARA KEITH, BYLINE: Up until this point, the effects of the sequester have been scattered and hard to pin down: hiring freezes, delayed park openings. But then the furloughs of air traffic controllers the Federal Aviation Administration had been threatening for months hit and, bam, the sequester got real, real fast.