And today's last word in business is this: Lego becomes Legd'oh!
The Wall Street Journal says the Danish company Lego is interested in licensing "The Simpsons." In the long-running cartoon series, a remarkably similar toy company called Blocko makes an appearance in a couple of episodes.
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YEARDLEY SMITH: (as Lisa Simpson) I kind of want to create my own thing. Do you sell any just plain sets?
NPR's business news starts with the shuffle on the top for Pandora.
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INSKEEP: Pandora is the popular music streaming service. And the company's CEO announced, yesterday, he's stepping down. Joseph Kennedy's announcement came as a surprise to many people. The company just reported better-than-expected quarterly earnings. But Kennedy says after nine years on the job he needs to get to a recharging station. He speaking metaphorically, of course, but who knows, someday people may actually do that.
It's MORNING EDITION, from NPR News. I'm Steve Inskeep. Good morning on this Friday. Let's talk a little more deeply about the surprisingly strong jobs report that came out today. NPR's Yuki Noguchi is here with the numbers. Hi, Yuki.
YUKI NOGUCHI, BYLINE: Good morning.
INSKEEP: OK. So what does the Labor Department say happened in the labor market in February?
The educational division of the media conglomerate News Corp., called Amplify, unveiled a new digital tablet this week at the SXSW tech conference in Austin, Texas, intended to serve millions of schoolchildren and their teachers across the country.
Amplify promises the tablet will simplify administrative chores for teachers, enable shy children to participate more readily in discussions, and allow students to complete coursework at their own pace while drawing upon carefully selected online research resources.
Boeing's Dreamliner 787s remain grounded. And neither investigators nor Boeing can say exactly what caused a battery fire on a Japan Airlines jet. Nevertheless, Boeing thinks it has a fix, and while the Federal Aviation Administration is poised to allow Boeing to begin proving the redesign will be effective, the planes won't be back in service anytime soon.
It's ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish.
MELISSA BLOCK, HOST:
And I'm Melissa Block. The city of Plainview, Texas has been a center of the cattle industry for decades. But a few weeks ago, after more than 40 years in operation, Plainview's beef processing plant shut its doors. Plant owners blame years of drought and the dwindling supply of cattle. As Mose Buchele reports from member station KUT, the closure could be a preview of things to come for the Texas plains.
Originally published on Fri March 8, 2013 12:18 pm
Credit Calculated Risk
One of the defining graphs of our time (yes, there are defining graphs of our time) comes from the blog Calculated Risk. It tracks the job market in every U.S. recession and recovery since WWII — and it shows just how brutal the the past few years have been.
This is TALK OF THE NATION. I'm Lynn Neary, in Washington. Neal Conan is away. It's an American story as old as Horatio Alger: Hard work, determination and presto, you can change your station in life. But increasingly many Americans find themselves stuck where they are on the economic ladder, that American dream just out of reach.
As much as $2.34 trillion in yearly income goes unreported in China, an economics scholar says. Here, an imported car passes a shopping mall in Beijing.
Credit Vincent Yu / AP
China's citizens do not report as much as $2.34 trillion of what they make every year, hiding "gray income" that would represent nearly 20 percent of the country's GDP, Chinese economics scholar Wang Xiaolu says, in a report from the news site Global Voices.