Honda, which has long aspired to launch off the road and into the skies, is one step closer to that goal. It has started production on its HondaJet. It's a twin jet engine aircraft, being assembled in North Carolina, aimed at the business market. Industry insiders call it the "Honda Civic of the skies."
Originally published on Sun November 18, 2012 8:25 am
LINDA WERTHEIMER, HOST:
As Israel and Hamas continue launching attacks, residents of the Israeli city of Tel Aviv and communities to its south remain on alert for missile strikes. Sheera Frenkel reports that many fear the current round of violence is nowhere close to being over.
NPR's business news starts with more mortgage problems.
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INSKEEP: Independent auditors released a report this morning, showing that the Federal Housing Administration is facing a shortfall from losses on the mortgages it insures. The Obama administration says it's going to take steps to prevent a taxpayer bailout.
As NPR's Ailsa Chang reports, the FHA has been struggling since the foreclosure crisis hit four years ago.
Israel's neighbor Jordan had largely avoided the unrest sparked by the Arab Spring until now. Jordan's king has outlasted protests that have been much smaller than in other nations, but a government move to raise fuel prices sparked fresh protests and even calls for King Abdullah to step down. A protester who died in a clash with police has become a symbol of protesters' fury. NPR's Leila Fadel has the story.