NPR's Morning Edition

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STEVE INSKEEP, HOST:

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STEVE INSKEEP, HOST:

NPR business news starts with a price hike for Facebook shares.

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INSKEEP: OK, they're not even on sale yet, but investor excitement over Facebook's upcoming initial public offering has prompted the company to raise the price range for its shares. Sources say the new range will be from $34 and $38 per share. That's up from a previous range of $28 to $35.

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And let's turn our attention now north of the border to Canada. New austerity programs are creating the kind of unrest we most often associate with Europe these days. In the Province of Quebec, a plan to hike university tuitions by 75 percent over the next five years has led to weeks of violent street rallies, often involving tens of thousands of students and protestors.

North Country Public Radio's Brian Mann reports.

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California Governor Jerry Brown wants to convince voters to accept two things they don't like: higher taxes and deep spending cuts. The Democrat proposed a budget yesterday which would only be the start of the pain. The other part would come in November with a ballot measure to raise taxes and spare education. Capital Public Radio's Ben Adler reports from Sacramento.

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STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene.

JP Morgan Chase has long had the reputation of being one of the better managed big banks in the country. So how did it make a $2 billion blunder and what does it tell us about banking today, nearly five years after the onset of the financial crisis? When such questions are looming, we often turn to David Wessel, economics editor of The Wall Street Journal.

And, David, welcome back to the program.

Stina Sieg recently spoke to Bay Area performer Evangeline Crittenden, who will bring her one-woman show, "Chrysalis: A Solo Tragicomedy in One Act," to Asheville Community Theatre's Black Box Theater at 8 p.m. Thursday, May 17. Crittenden is currently on an East Coast tour of her show, which was recently accepted into the New York International Fringe Festival. "Chrysalis" is performance at the crossroads of grief and growing up. Through music, stories, movement, puppetry and chocolate cake, writer and performer Crittenden leads the way towards optimism in the face of loss

Morning Edition's Renee Montagne continues her reporting from the Afghan capital Kabul on the future of Afghanistan. She sits down with the U.S. Ambassador to Afghanistan, Ryan Crocker.

When Adam Spiegel rolls down the metal security doors at his Medford, Ore., store, a painting becomes visible. Officials told him to clean the graffiti or be fined. He tells the Mail-Tribune it's not graffiti: it's a mural. Some onlookers think the painting resembles a giant bong.

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NPR's business news starts with a Mother's Day shakeup.

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INSKEEP: Yahoo says its CEO, Scott Thompson, is out, after a shareholder revealed an in accuracy on his resume. Mr. Thompson had claimed that he held two college degrees. In fact, he only had one. Thompson's resignation is a victory for an activist hedge fund that has been pressing for a shakeup in how Yahoo is run.

When Gac Filipaj fled war-torn Yugoslavia in 1992, he became a refugee in New York. He took a janitor's job at Columbia University because it included free tuition. But he first had to learn English. After a dozen years, he received a bachelor's degree in classics over the weekend.