This generation of video game consoles will be remembered for over-the-top, knock-you-out-of-your-seat extravaganza games like Halo, Call of Duty — and Gears of War, a juggernaut of a game. The first three Gears of War sold 19 million units, making it a $1 billion franchise. And the latest, Gears of War: Judgment, has just hit stores at a crucial time in the video game industry — sales are down, new Xbox and PlayStation consoles are due out, and mobile gaming is growing.
For baseball fans, spring training is a time for renewed hopes and a reminder that winter is almost over. But for the major league teams and Arizona and Florida communities, spring training is big business. In Florida, 1.5 million fans attend spring training games with an estimated $750 million annual economic impact, and the state is working to keep the teams from fleeing.
Steve Inskeep talks to Richard McGregor of the Financial Times about Treasury Secretary Jack Lew's trip to China. He bought a long list of economic agenda items to his meetings with top officials, ranging from cyberwarfare to China's currency controls.
Not long ago, it seemed that China was on its way to owning the solar energy business. China was making solar panels far more cheaply than U.S. companies. Now things look a little more complicated. China's Suntech was forced into bankruptcy yesterday. It's one of the world's largest solar panel makers. Suntech has to reorganize after defaulting on a bond payment of more than half-a-billion dollars.
Its falls reflects problems in China's approach to the global solar industry. NPR's Frank Langfitt reports.