NPR's business news starts with pension problems for Illinois.
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MONTAGNE: The credit rating for the state of Illinois has taken another step closer to junk bond status. Illinois already had the lowest credit rating in the nation before it was downgraded again this week by Moody's and Fitch. The state legislature adjourned last week without addressing a $100 billion pension shortfall.
So as NPR's David Schaper reports, the governor is calling lawmakers back.
Chinese President Xi Jinping begins a two-day meeting later today with President Obama near Palm Springs, California. There's a good deal of significance behind the choice of California as a venue for this summit. The state one of China's largest trading partners. And is also home to a recent boom in Chinese real estate investment.
Not the kind you drink on a wintery day, but the kind you eat in the sizzling tropics. The snack company Mondelez says it's perfecting a process to make chocolate unmeltable - even in temperatures above 100 degrees. The Deerfield, Illinois company says this new innovation will help it sell chocolate in emerging markets with hot climates and limited refrigeration, like sub Saharan Africa.
It's MORNING EDITION, from NPR News. I'm Renee Montagne.
LINDA WERTHEIMER, HOST:
And I'm Linda Wertheimer. Just one day after we learned the National Security Agency has been secretly collecting telephone records from millions of Americans, it's been revealed that the agency is also running a massive Internet surveillance program.
There are no big surprises in this morning's job report from the government. The unemployment rate increased slightly on moderate job growth. It met or slightly exceeded expectations. This is one of the most significant economic indicators we look at every month, and joining us to discuss the Labor Department's report is NPR's Yuki Noguchi. Good morning.
YUKI NOGUCHI, BYLINE: Good morning.
MONTAGNE: What can you tell us about these numbers?
A Hollywood movie opens today, set in the competitive and usually lowly paid world of interns. "The Internship" follows two 40-year-old, down-on-their-luck watch salesmen, played by Vince Vaughn and Owen Wilson. They land an unlikely summer internship at Google, where they have to compete for a full-time gig. NPR's Steve Henn brings us this report about what the more than 1,000 new real Google interns, or Nooglers, are up to as they arrive at the company's campuses around the country.
This is MORNING EDITION from NPR News. I'm Linda Wertheimer.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
Since 2007, America's National Security Agency has been mining data from the servers of major American Internet companies, including Microsoft, Apple, Facebook, Google. That's according to new reports from the Guardian and the Washington Post. This comes hard on the heels of another Guardian report revealing the intelligence agency is collecting Verizon phone records of millions of Americans
For years, there were only three countries in the world that didn't officially sell Coca-Cola: Cuba, North Korea and Myanmar, formerly known as Burma.
Now, after 60 years, Coke is back in Myanmar. Sanctions were lifted last year on the country. Just this week, Coca-Cola opened its new bottling plant outside of Yangon. Now all the company has to do is figure out a way to sell all that Coke to people who may not remember what it tastes like.
Singer Justin Bieber performs during the 2013 Billboard Music Awards on May 19.
Credit Ethan Miller / Getty Images
Singer Justin Bieber is the latest celebrity to score a booking on Virgin Galactic's SpaceShipTwo, destined for its first suborbital test flight sometime this year.
The Bieb and manager Scooter Braun join the likes of Ashton Kutcher, Leonardo DiCaprio and Angelina Jolie on the elite passenger list of those willing and able to pay $250,000 for a seat on Richard Branson's commercial space-flight venture.