Sonari Glinton

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RENEE MONTAGNE, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm Renee Montagne.

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And I'm David Greene.

We'll begin this program with the aftermath of Tuesday's recall election in Wisconsin. Public sector unions took on Republican Governor Scott Walker, and the governor won. Walker became the first U.S. governor to beat back a recall attempt. The unions had spent a lot time, money and political capital in Wisconsin.

NPR's Sonari Glinton reports on what's next for organized labor.

The average credit score for new- and used-car buyers has taken a fall since the days of the financial crisis in 2008. It's fallen especially in the last two quarters. Brands such as Kia and Dodge are gobbling up a disproportionate number of subprime buyers. An increasing number of new-car buyers are getting loans with interest rates higher than 10 percent.

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The Facebook IPO hasn't just sent a jolt of excitement through Silicon Valley, there are many average individual investors who are also thrilled. NPR's Sonari Glinton has more.

SONARI GLINTON, BYLINE: All right. It's a little after 9:30 on Friday. The bell just rang on the NASDAQ, and I'm gonna check in with some regular investors. I'm gonna start with Nelly Sai-Palm. She's a student at the University of Chicago's Booth School of Business, and I'm going to give her a call.

(SOUNDBITE OF TELEPHONE RINGING)

After spending much of the year on the rise, gas prices are now falling. The average price for a gallon of regular gas nationwide is $3.73, according to AAA. That's a drop of nearly 20 cents in one month, and industry analysts expect the price to keep falling.

You can get in a lot trouble trying to predict commodity prices, though. Phil Flynn, a market analyst at futures brokerage PFGBEST in Chicago, says there is one thing you can predict.

President Obama is attending a fundraiser at the home of actor George Clooney in Studio City, Calif., on Thursday evening, along with about 150 guests. Almost anyone can attend, if they pony up $40,000.

But for a few sweepstakes winners, the price of admission is about $3. It's the latest innovation in political fundraising.

Marketing-wise, there's nothing more old school than a sweepstakes.

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And I'm Renee Montagne.

After all the reports about massive debts and credit downgrades, we have a story this morning of a credit upgrade. The ratings agency Fitch upgraded Ford.

INSKEEP: The company was at junk bond status, meaning a loan to Ford was considered a major gamble. Now, it's been moved to investment grade, the lowest investment rating: BBB minus.

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Next, we have a tale of globalization, how a single fire at a company in Germany could affect business in Detroit or Shanghai.

STEVE INSKEEP, HOST:

The company is a chemical plant in a town called Marl. An explosion there killed two people. It was a tragedy, but did not seem to have global significance.

MONTAGNE: Until car companies realized that Marl is vital to their business. NPR's Sonari Glinton explains.

Average prices for cars are at an all-time high, reflecting increased demand and a healthier economy. The average car price has gone up nearly $2,000 since last year. Even though car prices are higher, buyers haven't shied away from picking up a new car.

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Florida state investigators are continuing to look into the shooting death of Trayvon Martin. His family has been part of a widespread campaign calling for the arrest of the neighborhood watch volunteer who shot and killed the 17-year-old high school student. Yesterday, the parents of Trayvon Martin were up on Capitol Hill attending a forum on hate crimes and racial profiling. NPR's Sonari Glinton reports from the Capitol.

The Supreme Court begins hearing arguments Monday on President Obama's health care law. There will be six hours of arguments spread over three days. With only 400 seats in the courtroom and political interest roiling, people began lining up early for a front-row seat.

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SONARI GLINTON, BYLINE: And I'm Sonari Glinton traveling with the Rick Santorum campaign in Kalamazoo, Michigan. While Mitt Romney was rocking out to the sounds of Kid Rock, Rick Santorum supporters were being entertained by founding father Patrick Henry.

LAWRENCE WESCO: (as Patrick Henry) I know not what course others might take, but as for me give me liberty or give me death.

As Mitt Romney and Rick Santorum battle for first place in the Michigan GOP presidential primary, rival Ron Paul is not expected to come in first or second. Paul doesn't really stand a chance at winning the nomination, but he can impact the party's platform

Presidential candidates Mitt Romney and Rick Santorum are neck-and-neck in the polls in the run-up to the Michigan Republican primary on Tuesday.

One group that Romney appears to have an advantage with is Roman Catholic voters despite the fact that he is Mormon and Santorum Catholic.

The disconnect between faith and politics highlights differences among Catholics and shows that some religious voters are focusing more on other issues.

Declaring Faith

Congress appears to have avoided another showdown over the payroll tax reduction that has been pumping billions of dollars back into the economy. There may even be a deal ahead on jobless benefits and payments to Medicare doctors.

The last time Congress extended the payroll tax holiday was in December, when it passed a two-month extension tied to two other measures. One extended unemployment benefits, and the second fixed a formula by which Medicare doctors are paid. The Medicare fix would stop big cuts in reimbursements for doctors.

For a car designer, there's probably no scarier time than the auto show. And there's probably no scarier auto show than the Detroit Auto Show. It's like report-card day for car designers, but there doesn't appear to be much that scares Christine Park, a senior creative designer with Cadillac.

She's very eager to show off the Cadillac XTS. Park led the design of the interior of the XTS — pretty impressive, since she's only 28 and graduated from design school just six years ago.

In many ways, the Detroit Auto Show has become a kind of consumer electronics show for cars, where you're just as likely to see the rollout of a new app or entertainment system as the introduction of next year's models.

"The growth in mechanical changes [has] now become incremental, whereas the growth in the consumer electronics industry seems to be taking place at a rate that is almost unprecedented," says Thomas Tetzlaff, a spokesman for Volkswagen Canada.