Morning Edition

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STEVE INSKEEP, HOST:

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

RENEE MONTAGNE, HOST:

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.

The town of Boring, Oregon, is twinning with the village of Dull, Scotland. The idea came after a Scottish cyclist passed through Boring. She thought Dull would make a great sister community. Scotland's tourism agency says the partnership could attract visitors to Dull.

As part of Morning Edition's Family Matters financial literacy series, Renee Montagne talks to Jane Gross, author of A Bittersweet Season, about caring for her aging mother, and what she wishes she had known before she started.

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

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On Monday, Disney announced the first of six planned Starbucks locations is scheduled to open at Disney California Adventure park in June. More locations are planned at Disneyland park and Walt Disney World Resort in Florida.

A Canadian cow has made the record book for most milk produced in a lifetime. The Ottawa Citizen reports the cow has produced more than 57,000 gallons. That's more than six times the average.

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STEVE INSKEEP, HOST:

General Motors is making a bigger effort in what's become the world's biggest car market. At the Beijing Auto Show this week, GM said it plans to open 600 new dealerships in China this year. GM is trying to grow Chinese sales while they still can.

NPR's Frank Langfitt reports from Shanghai.

Former Prime Minister Geir Haarde was the first leader to be put on trial for his role in the global financial crisis. Renee Montagne talks to Michael Stothard, a correspondent for the Financial Times, about Haarde being found guilty of negligence for his handling of the financial crisis. He was cleared of three other charges.

Weeks ahead of its initial public offering, Facebook released its first quarter profits Monday, and they are down 12 percent from a year ago. At the same time, company expenses have nearly doubled. Facebook attributes some of that to market expansion, which requires more employees and infrastructure.

News Corp. chairman Rupert Murdoch and his son James are to appear this week before a panel investigating the practices, culture and ethics of British press. The Murdochs are expected to be asked about the extent of their knowledge of phone hacking by their newspapers.

Police in Bahrain are accused of using excessive force on anti-government protesters in the days leading up to the Formula 1 Grand Prix. Steve Inskeep talks to John Timoney, a former police chief in Miami and Philadelphia, who now advises the Bahraini police force.