NPR's business news starts with Sony hitting a three-decade low.
(SOUNDBITE OF MUSIC)
INSKEEP: Sony shares fell to their lowest level since 1980 on Japan's Nikkei stock exchange today. That drop follows yesterday's report that the company suffered a net loss of $5.7 billion for the last fiscal year. The once dominant tech company has fallen behind other industry giants like Samsung and Apple, and has seen especially heavy losses in its TV division. Transcript provided by NPR, Copyright NPR.
Mitt Romney's presidential campaign is in damage control mode after an article in The Washington Post accused the candidate of bullying in high school. Romney says he does not remember the incidents. Several of his classmates independently recall him going after students who seemed different, vulnerable or effeminate.
The Postal Service announced Thursday that it lost more than $3 billion during the first three months of the year. Post office officials are pushing Congress to give it more authority to cut some of its burgeoning costs.
A report says in 2010, 38 percent of 911 calls in New York City were accidental calls lasting just seconds. Most, according to the New York Daily News, appear to be calls made from pockets or purses. There were actually more of these calls than calls that warranted a response by a police car.