Lawyers for BP, and thousands of people affected by the Deepwater Horizon accident and oil spill, had been expected, for a long time, to be in a New Orleans courtroom this morning for a civil trial. Instead, they're reviewing a deal to settle the case.
BP estimates it would pay nearly $8 billion in the settlement. In exchange, the company would avoid revisiting, in a courtroom, what led up to the drilling rig explosion that killed 11 men and poured massive amounts of oil into the Gulf of Mexico.
And today's last word in business is a blast from the past: Datsun, a name that you may remember if you're of a certain age. The cut-priced Japanese cars first appeared in the United States in 1958, when Elvis topped the charts. Datsun was produced by Nissan, which decided to phase out the brand in the 1980s. Now a Japanese newspaper says Nissan may bring it back.
Sadly, American Datsun enthusiasts may have to travel far to find one. Nissan's plans to sell low-priced cars only in emerging markets like India and Russia.
NPR's business news starts with more bad news for News Corp.
An FBI investigation of Rupert Murdoch's media company is now looking to Russia. A billboard company, News Outdoor Russia, owned until last year by News Corp, is being scrutinized over possibly bribing public officials. The FBI began looking into News Corps' operations after its British newspapers were embroiled in a bribery and phone hacking scandal.
It's MORNING EDITION from NPR News. I'm Steve Inskeep.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
The Republican presidential hopefuls for were in full tasting mode over the weekend, from barbecue to breakfast, as they took their campaigns to voters ahead of Super Tuesday. Rick Santorum, Ron Paul, and Newt Gingrich went on Sunday morning talk shows. Mitt Romney campaigned in the key states of Georgia and Tennessee.
And Vladimir Putin claimed his expected win last night in Russia's presidential election. He gave a fiery victory speech, displaying plenty of anger at the protesters who, in recent months, have challenged his authority. Exit polls showed Vladimir Putin winning 60 percent of the vote, but independent observers say the election was riddled with violations.
NPR's Corey Flintoff reports from Moscow.
COREY FLINTOFF, BYLINE: With the Kremlin - Russia's citadel of power - at his back, Putin told a cheering crowd that they had won.
The presidential contest overshadows constant maneuvering that could determine control of Congress this fall. Democrats hope to recapture the House. Republicans have been presumed to have an advantage in their efforts to take over the Senate. Both sides have been dealt some disappointments lately though.
Cokie Roberts has analysis as she does most Mondays. And this Monday morning, she's at our member station KERA in Dallas. Hi, Cokie.
Ryan Shank-Rowe, 9, takes part in a therapeutic riding program at Little Full Cry Farm in Clifton, Va., last month.
Credit Melissa Forsyth / NPR
Thelma Balmaceda, age, 4, pets Viola, the resident canine at the Children's Inn on the campus of the National Institutes of Health in Bethesda, Md. Families stay at the inn when their children are undergoing experimental therapies at NIH.
Credit Maggie Starbard / NPR
Cathy Coleman is a speech pathologist for the Northern Virginia Therapeutic Riding Program. She uses a horse named Happy in her therapy sessions with 9-year-old Ryan Rowe, who has autism.
Those of us who own pets know they make us happy. But a growing body of scientific research is showing that our pets can also make us healthy, or healthier.
That helps explain the increasing use of animals — dogs and cats mostly, but also birds, fish, and even horses — in settings ranging from hospitals and nursing homes to schools, jails and mental institutions.
A welder at Specialty Fab in North Lima, Ohio, works March 1 on a piece of a compressor skid frame that is bound for the Ohio Shale project. Manufacturing companies such as Specialty Fab could receive tax breaks if a proposal from the Obama administration goes through.
Credit Anne Shybunko / Courtsey of GSE Dynamics
An employee at GSE Dynamics, a small manufacturing company that makes parts for the Navy and Air Force.
The White House says restoring the U.S. manufacturing sector is an essential part of getting the economy back on track.
GOP candidate Rick Santorum wants to see tax breaks for manufacturing companies, and the Obama administration proposed something similar last week. But economists say tax breaks may not be the best way to help manufacturers right now.
Over the years, the steady loss of good factory jobs is a big reason why wages have stagnated for people who never went to college, says Dean Baker, co-director of the Center for Economic and Policy Research.
This campaign season, inconsistency seems to be, well, almost everywhere. Each flip-flopping politician revels in pointing out the flip-flopping ways of his opponents.
Why are politicians and those of us who vote for them so obsessed with inconsistency? We take that question on from three angles: how our brains are wired; the psychology of judging what's consistent; and how consistency plays out in leadership styles.
Pedestrians walk along a section of Jamaica Avenue in Woodhaven, Queens, New York. The neighborhood is part of an area targeted for congressional redistricting, but the process is still dragging on as the state's primary draws near.
By now, most states around the country have redrawn their political boundaries based on the 2010 census — and then there's New York.
For voters in the Forest Hills section of Queens, it has been rough. A year ago, they were represented by Democrat Anthony Weiner, who tweeted his way to infamy. Now, they're represented by Republican Bob Turner, who won a special election after Weiner resigned.
Right now, nobody even knows what district they're in.