It's MORNING EDITION from NPR News. I'm Steve Inskeep.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne. As he prepares to step down, China's prime minister today delivered his version of a state of the union address. He got a big boost in military funding, one that outpaces expected economic growth.
NPR's Louisa Lim has been gauging the mood of China's new leaders, both inside and outside of the Great Hall of the People.
NPR's business news starts with a ketchup jackpot.
(SOUNDBITE OF MUSIC)
MONTAGNE: Last month, Warren Buffett's Berkshire Hathaway and a private equity firm announced they were buying Heinz for $29 billion. Now we're learning what the deal means for Heinz's CEO, William Johnson.
Now that the sequester has taken effect, there's a new phrase that keeps popping up in Washington: the "continuing resolution." If Congress doesn't pass a continuing resolution by March 27, the government will run out of money and will likely shut down. Here's a list of four things you might want to know about how a continuing resolution works and how it might soften the blow of the sequester.
On Dec. 26, 2004, Sonali Deraniyagala was vacationing with her husband, her two sons and her parents in Yala, Sri Lanka. The day was just beginning when she and a friend noticed that something strange was happening in the ocean. Within a matter of minutes, the sea had wiped out life as she had known it. In a new memoir, called simply Wave, she recalls her experience with the tsunami that killed more than 200,000 people, including her own family.
The cost of college can range from $60,000 for a state university to four times as much at some private colleges. The total student debt in the U.S. now tops credit card debt. So a lot of people are asking: Is college really worth it?
There are several famous and staggeringly successful college dropouts, including Mark Zuckerberg, Bill Gates and Larry Ellison. You may not end up with fat wallets like them, but Dale Stephens says you can find a different education path.
President Obama rounds out his Cabinet for his second term, nominating three new leaders Monday: Walmart Foundation's Sylvia Mathews Burwell for budget chief, MIT scientist Ernest Moniz to head the Energy Department and veteran regulator Gina McCarthy to run the EPA — a post that's likely be a lightning rod during Senate confirmations.
Good morning. I'm Renee Montagne. Burglary is a big problem in Oakland, California. So Mayor Jean Quan opened the door to some harsh criticism when her weekly newsletter of community events advertised a lock-picking class. Learn the art for only $40. Some residents were unhinged, but organizers say the course is for hobbyists, not criminals. The mayor apologized, but the advertising seems to have worked - the class was sold out. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
President Obama is expected to nominate Gina McCarthy, currently assistant administrator with the Environmental Protection Agency, to head the agency on Monday. The nomination requires a Senate confirmation.
President Obama plans to announce three Cabinet-level nominations Monday, including a new administrator for the Environmental Protection Agency, who could be on the hot seat in the looming battle over global warming.
Gina McCarthy, currently an assistant administrator in the wing of the EPA that regulates air pollution, is the president's pick to head the EPA.
A woman in Spokane, Washington stepped out of the shower and into a moment of terror. Her 14-month-old boy was bouncing on the bed. He bounced out a half-open second-story window. She dove after the boy, smashed through the window, grabbed his foot as he was tumbling down the porch roof and lowered the kid safely to his grandma, who was smoking on the porch.
The mom then crashed into a bush. She's scraped up. The baby is fine.