Morning Edition

Transcript

DAVID GREENE, HOST:

The writer Robert Caro has spent about 35 years writing about President Lyndon Johnson and he still isn't done. As we heard on the program yesterday, Caro has come out with his fourth book on Johnson's life.

STEVE INSKEEP, HOST:

Years ago, one reviewer noted that Caro's research was so exhaustive that his book on Johnson's youth in Texas described the average annual rainfall in the Texas hill country in the years before Johnson was even born.

Republican Sen. Kelly Ayotte of New Hampshire is the latest politician to appear on the campaign trail with presumed Republican presidential nominee Mitt Romney. That's fueled speculation that Ayotte is being considered as a running mate.

In a new report, the employment firm Challenger, Gray and Christmas predicts more jobs for teenagers this summer. While the jobs picture is improving, CEO John Challenger says teen hiring is still several years away from returning to pre-recession levels.

Two stories out of China — the escape of a blind dissident from house arrest and the corruption scandal involving a top politician and his family — have attracted international attention. But inside China, the picture is different. The government has successfully suppressed the story about the dissident, Chen Guangcheng, such that most Chinese have never even heard of him. The Communist Party has waged a smear campaign against the fallen official, Bo Xilai, whom citizens see as a loser in a power struggle, a corrupt politician or both.

The nation's second-largest bank is planning to layoff about 2,000 people at its investment banking, commercial banking and wealth management units, according to The Wall Street Journal. The cuts are notable because they include high earning employees in operations that account for most of Bank of America's profits since the financial crisis.

South Sudan is the country that voted to break away from Sudan. They've been jostling for control of border zones, including oil fields. And just as the two sides were sitting down to negotiate, fighting broke out.

Wal-Mart remains under a cloud after The New York Times reported the retailers expansion in Mexico involved systematic bribes. To get a sense of how that might play out, Steve Inskeep talks to Peter Solmssen, a managing board member and general counsel for Siemens. The German engineering and electronics conglomerate was involved in its own bribery scandal.

The average caregiver is 49 years old. Cheryl Matheis, senior vice president for policy at AARP, tells Steve Inskeep when a worker has to leave their job to care for a relative, they lose on average $325,000 in lifetime income — from lost wages, Social Security and pensions.

The real estate market has turned around in some parts of the U.S., but many buyers aren't seeing true bargains anymore. Investors are driving up prices, and inventory is low, especially for homes priced under $250,000. That's not great news for anyone hoping to buy an affordable house to live in.

Arizona is home to one of the nation's extraordinary turnarounds. The Phoenix-area median home price rose 20 percent over the past year — 6 percent in March alone. And Tucson was recently named the nation's best market for investors. But the easy money has already been made.

More than 10 years ago, Norah Jones hit the national stage with her melancholic love song "Don't Know Why," in the process selling millions of copies of her debut album and becoming a Grammy winner.

But Jones' new album is different. She may sound like a fragile performer, but don't get her wrong: At 33, she's recorded a breakup album with attitude.