As the Census Bureau was reporting earlier this morning about a 1.3 percent gain in orders for manufactured goods in February from the month before, automakers were saying that March was perhaps their best month in almost four years, The Associated Press says:
In Britain, scandal has plagued the Murdoch family and its News Corp. media conglomerate. And today, another blow. Under pressure, Rupert Murdoch's son, James Murdoch, is stepping down as chairman of British Sky Broadcasting, also known as BSkyB. This occurs against the backdrop, of course, of the phone hacking and police bribery scandal that has focused heavily on two Murdoch tabloid newspapers. NPR's media correspondent David Folkenflik has been covering all of this and he joins us now to sort this out. Good morning, David.
And that brings us to our last word in business, flying cars. Finally, they're here. Well, almost here. We're not exactly in Jetsons' territory quite yet. But a company in Massachusetts says its prototype flying car, called the Transition, completed its first flight and will be ready for sale within the next year.
The two-seat vehicle soared to 1,400 feet in its maiden voyage. The car - can we call it that - is expected to cost $279,000, and 100 buyers have already plunked down their deposits.
An inspector general's report about "excessive and wasteful" spending on a 2010 conference in Las Vegas hosted by the federal government's General Services Administration has cost GSA administrator Martha Johnson her job.