President Obama ordered across-the-board federal spending cuts on Friday night. The $85 billion in cuts are spread across much of the government. The president and many Republicans have called the cuts unwise. But Congress passed them and the president signed them in 2011, and in recent days, they did not agree on a plan to revise or replace them.
We turn to David Wessel to find out what happens now. He is economics editor of The Wall Street Journal. David, welcome back.
We are often urged to buy local, but when people say that, we're usually thinking about food. Now it seems you can aim for local furniture and local building materials. Matt Sepic of Minnesota Public Radio reports on the Minneapolis business that makes everything from hardwood flooring to picture frames from trees cut just down the block.
Residents of Detroit are absorbing the message sent by Michigan's governor. Rick Snyder swept aside the city's elected officials. He's using his power to appoint an emergency manager to take over city finances. Residents are deeply divided about this move, as we hear from Michigan Radio's Sarah Cwiek.
UNIDENTIFIED WOMAN: Nobody had a comment in regards to the lighting problem?
Originally published on Mon March 4, 2013 12:02 pm
Tax day is looming and taxpayers are scrambling to gather receipts, W-2 forms and other documents. For many, gone are the days of paper ledger books and calculators, now that there's software to figure out how much they owe.
Students at Westlake High School in Waldorf, Md., participate in an interactive digital conversation with historian Kenneth C. Davis about late 19th and early 20th century American history on Thursday. The school uses a state of the art "telepresence center" for students to connect with experts all over the world.
The hallways at Westlake High School in Maryland are just like thousands of other school hallways around the country: kids milling around, laughing and chatting on their way to class.
On a recent morning, about 30 kids took their seats in a classroom that initially seems like any other. The major difference here is that instead of a chalkboard and a lectern at the head of the class, there are two enormous flat-panel screens and thin, white microphones hanging in four rows across the ceiling.
The Birmingham school board is planning a series of community meetings before it votes on a plan to close seven city schools.
The meetings have been scheduled for Monday, Tuesday and Wednesday. A state takeover of the school district's finances has resulted in a plan to save $8 million by shedding 133 jobs and closing seven schools.
Eleven other schools would be reconfigured, and a proposal for two schools to teach grades seven through 12 has already proven controversial with some school board members.
U.S. Secretary of State John Kerry walked into a chaotic situation in Egypt, the first Arab country he's visited in his new role. The country is in economic and political turmoil, and he is trying Sunday to encourage Islamist President Mohamed Morsi to open up the political process and carry out much-needed reforms. After their meeting, he announced the U.S. would release $190 million in aid to Egypt.
Kerry has also been hearing complaints from opposition figures, who have vowed to boycott upcoming elections.
Wall Street hardly seemed rattled by the $85 billion across-the-board spending cuts that went into effect Friday. As just one indicator, the Dow closed the week within 100 points of hitting an all-time high. For more, host Scott Simon talks with New York Times columnist Joe Nocera.
Florida Atlantic University says it's standing by its deal to sell naming rights to its new football stadium to a controversial private prison company. The Boca Raton-based GEO Group faces allegations of abuse and neglect at some of its facilities, and there's a growing call on campus for the school to sever its ties.
The governor says running over his own education allies was worth it to get tax credits to help children in failing public schools transfer to private schools.
Gov. Robert Bentley says he and other Republican leaders didn't tell the state school superintendent and other education leaders that they were planning to expand a school flexibility bill into a tax credit bill because they would have opposed it. School Superintendent Tommy Bice says the final product caught him by surprise and it was not the school flexibility bill that he had endorsed.
The latest TV ratings are out and CBS captured the top spot with help from its Super Bowl broadcast. Last fall, NBC was No. 1 but now it's fourth. What's surprising is that Spanish-language network Univision has surpassed NBC's ratings.
Many states want to increase the amount of electricity that comes from wind and solar energy. One challenge is that renewables are not reliable. The wind doesn't always blow, the sun doesn't always shine. So companies are now trying to develop better ways to store energy.
New Hampshire Public Radio's Sam Evans-Brown reports on a company that is working on a storage system that uses compressed air.