Air travelers are growing less and less happy. Automatic budget cuts are now leading to hundreds of flight delays, about half of all delayed flights this week.
NPR's Tamara Keith reports.
TAMARA KEITH, BYLINE: Up until this point, the effects of the sequester have been scattered and hard to pin down: hiring freezes, delayed park openings. But then the furloughs of air traffic controllers the Federal Aviation Administration had been threatening for months hit and, bam, the sequester got real, real fast.
The lending arm of General Electric has stopped offering financing to retailers whose primary business is selling guns. Around 75 retailers are immediately affected. A company spokesman says this is a response to "industry changes, new legislation and tragic events."
I spoke yesterday with Dan Sichel, a Wellesley economist and a Lady Gaga fan. Both of these facts are relevant for this story.
The U.S. government is about to tweak the way it measures the economy, and some of the biggest changes will affect the entertainment industry.
Under the current system, Sichel told me, Lady Gaga's sales of concert tickets, online songs and CDs all count toward gross domestic product. But the value of the time she spends in the studio working on new songs isn't counted. That's about to change.
General Motors has been the American car company in China. Even when GM was in bankruptcy, the Chinese continued to view Buick as a high-status, luxury brand.
But now Ford, an also-ran in the market for years, is making a push to change all that. Last year, Ford's sales were up more than 30 percent in China, and the Ford Focus was the best-selling car in both the world and China.
The redesigned U.S. $100 bill will begin appearing after October with new security features that will make it "easier for the public to authenticate but more difficult for counterfeiters to replicate," the U.S. Federal Reserve said Wednesday.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
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And I'm Audie Cornish. Boeing says its 787 jetliner should resume passenger service early next month. The so-called Dreamliner has been grounded since problems with the lithium ion batteries surfaced back in January. Batteries on two different planes overheated. One of them, a Japan Air Lines jet, caught fire. Boeing is now working with airlines to retrofit its planes with redesigned batteries now housed in fireproof boxes.
That market dip yesterday that Steve mentioned, the result of a hacked Twitter feed, highlights how much the financial industry relies on computer algorithms. U.S. stock markets lost $200 billion in value in just a few minutes. The markets bounced back when the Associated Press made clear there was no explosion at the White House and the tweet was a hoax.
I'm Michel Martin and this is TELL ME MORE from NPR News. Now it's time for our Wisdom Watch conversation. That's where we speak with people who've made a difference in their fields.
Today, we hear from one of the most influential tech executives you probably have never heard of unless you're in that field. Not only that, his personal story is just as - if not more - interesting than those of the superstar CEOs you may have heard about in high tech.