It's MORNING EDITION from NPR News. I'm Linda Wertheimer.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
With Congress headed for a recess, prospects are dimming for a deal to keep the nation from falling off the next fiscal cliff - sequestration. That's the term for automatic spending cuts that go into effect March 1.
NPR's Mara Liasson explains how the White House and Congress got to this impasse and why it's so hard to get past it.
Originally published on Fri February 15, 2013 7:40 am
This week's debacle on the Carnival Triumph is a setback that may cost the company as much as $80 million and hurt the industry's image. Carnival says passengers who were on the Triumph the last five days without power were miserable, but at least they were safe. Industry watchers say Carnival generally has handled the mishap well, but that the industry may need to rethink how it deal with events like power outages on floating cities than can carry more than 5,000 people.
Conventional wisdom says fewer airlines mean higher fares and fewer flights. But experts say the American Airlines-U.S. Airways proposed merger is a mixed bag. Past mergers haven't led to significantly higher fares, but will this time be different?