After many months of bad new and devastation to its stock price, the British satellite TV giant BSkyB will try to move forward under new leadership.
NPR's Philip Reeves says this follows the resignation yesterday of its chairman, Rupert Murdoch's son, James.
PHILIP REEVES, BYLINE: James Murdoch announced his departure, acknowledging he's worried his role in Britain's phone-hacking scandal was threatening to hurt BSkyB. He doesn't want to be a lightening rod in a storm. That storm shows no sign of passing any time soon.
American universities, like American companies, have been looking to expand into new markets. They open campuses overseas. And now many private colleges are looking for growth back home, building satellite campuses around the United States. Now, any given public college may spread campuses across a state, but private institutions reach across state lines. Here's Monica Brady-Myerov from member station WBUR.
Alaska is trying to limit the pain of divorce. A program called Early Resolution aims to help couples settle their cases quickly and amicably. Alaska Public Radio Network's Annie Feidt attended an Early Resolution session.
ANNIE FEIDT, BYLINE: This is a serious story about the legal system and divorce. And one thing you do not expect to hear during an afternoon in court is laughter.
(SOUNDBITE OF LAUGHTER)
UNIDENTIFIED WOMAN #1: So I just started recording, if that's okay.
NPR's business news starts with a Silicon Valley lawsuit.
Facebook has fired back in its patent dispute with Yahoo. The social networking site says Yahoo products, including the photo-sharing site Flicker, are infringing on 10 of Facebook's patents. Facebook's legal action is a counter-claim to a suit filed by Yahoo last month, also claiming 10 patent infringements. The pending court battle is a distraction for Facebook as it prepares to go public - a move that could see the company valued at up to $100 billion.
The New York Times reports that Williams-Sonoma, the maker of cooking pots and appliances, now wants to get you out of the kitchen and into the backyard. The Agrarian Collection includes everything you need to grow your own food.
On a Wednesday, it's MORNING EDITION from NPR News. I'm Steve Inskeep.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
The Baylor Lady Bears have their title and a piece of history too. Last night in Denver, Baylor won a women's college basketball championship that many expected. The Lady Bears beat Notre Dame 80-61 to go undefeated and then became the first team in NCAA history to win 40 games in a season. NPR's Tom Goldman reports the player who led Baylor all year was the star once again.
Tiger Woods at a practice round ahead of the 2012 Masters Tournament, which begins Thursday in Augusta, Ga. Woods receives the lion's share of press coverage despite his poor record over the past several years.
Hearing about golf these past couple of years has turned into some sort of dual universe. On the one hand there is the real world, like: "Smith and Jones Tied for Lead in Cat Food Open."
But then, in more detail, the larger shadow story reads: "Tiger's Putter Falters, Trails By 12 Strokes."
Golf has become like fantasy football or Rotisserie Baseball. Only, imagine if everybody has the same guy — Tiger Woods — on his team. No other golfers seem to exist, except possibly The Ghost of Jack Nicklaus.
In Britain, scandal has plagued the Murdoch family and its News Corp. media conglomerate. And today, another blow. Under pressure, Rupert Murdoch's son, James Murdoch, is stepping down as chairman of British Sky Broadcasting, also known as BSkyB. This occurs against the backdrop, of course, of the phone hacking and police bribery scandal that has focused heavily on two Murdoch tabloid newspapers. NPR's media correspondent David Folkenflik has been covering all of this and he joins us now to sort this out. Good morning, David.
And that brings us to our last word in business, flying cars. Finally, they're here. Well, almost here. We're not exactly in Jetsons' territory quite yet. But a company in Massachusetts says its prototype flying car, called the Transition, completed its first flight and will be ready for sale within the next year.
The two-seat vehicle soared to 1,400 feet in its maiden voyage. The car - can we call it that - is expected to cost $279,000, and 100 buyers have already plunked down their deposits.