Morning Edition from NPR

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And our last word in business: the passenger door is now closed. Please make sure all your electronic devices have been switched off.

If you're sick of those rules on planes, well, they may be changing a bit. Virgin Atlantic has announced passengers on their new Airbus will soon be able to chat on their mobile phones.

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This is MORNING EDITION from NPR News. Good morning, I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

A news item last weekend reminded us that we live in a largely peaceful country right next door to a country at war with itself. In northern Mexico on Sunday, authorities found the bodies of 49 people. They were left on a highway outside Monterrey about 75 miles from Texas. They are described as victims of the Zetas crime syndicate. And the dumping of bodies like this is not unusual in Mexico.

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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.

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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.