Auto executives got a grilling on Capitol Hill yesterday. Not the usual suspects from Detroit's Big Three. Think much, much smaller. Executives from the hybrid carmaker Fisker testified about hundreds of millions of dollars in loans Fisker got from the government. Today, the company is on the verge of collapse.
NPR's Sonari Glinton reports.
SONARI GLINTON, BYLINE: Fisker, the car company, isn't dead yet. But Congress has already begun the autopsy.
The lending arm of General Electric has stopped offering financing to retailers whose primary business is selling guns. Around 75 retailers are immediately affected. A company spokesman says this is a response to "industry changes, new legislation and tragic events."
Our last word in business is good news for the jet setting romantic, possibly bad news for most everyone else on board.
STEVE INSKEEP, HOST:
Virgin Airlines has announced a new service called seat-to-seat delivery, now available on all U.S. flights, which allows passengers to send unsolicited treats to fellow travelers at the touch of a button.
(SOUNDBITE OF MUSIC)
SIR RICHARD BRANSON: Just order a drink, meal or snack, select his or her seat and don't forget to seal the deal with a suggestive seat-to-seat chat.
Investigators still do not know exactly why there was a battery fire on a Japan Airlines Boeing 787 jet back in January. On the concluding day of a National Transportation Safety Board hearing, officials did conclude that the original tests of the battery were in adequate.
NPR's Wendy Kaufman reports.
WENDY KAUFMAN, BYLINE: The worldwide fleet of Boeing 787s - that has been grounded for three months - will soon be returning to passenger service.
Sen. Lamar Alexander, R-Tenn. (left), leads a news conference about the Marketplace Fairness Act on Tuesday. The legislation would provide states with the authority to require out-of-state retailers to collect and remit taxes on purchases shipped into the states.
The U.S. Senate may vote this week on the Marketplace Fairness Act, a bill that would allow states to collect sales tax from more online retailers. And as the political and retail landscape has shifted from the last time around, the Senate is expected to approve the measure.
The proposal to require online sellers to collect out-of-state sales tax has been kicked around for many years. For a decade, Amazon was a fierce opponent.