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STEVE INSKEEP, HOST:

NPR's business news starts with a prognosis from Ben Bernanke.

(SOUNDBITE OF MUSIC)

INSKEEP: Federal Reserve Chairman Ben Bernanke is back on Capitol Hill today, for a second day of testimony. He's speaking to Senators one day after he told House members that the economic recovery is, quote, "uneven and modest." He showed no sign of what his predecessor once called irrational exuberance.

Broadway history is littered with flop musicals — but if some shows are bombs, then Carrie, based on Stephen King's best-selling 1974 novel, was kind of a nuclear bomb.

The story of a teenager with telekinetic powers who wreaks bloody havoc on her small Maine town had already been successfully adapted as a film starring Sissy Spacek in 1976. But as a musical?

Frank Rich was theater critic for The New York Times when the show opened in April 1988. He called it a musical wreck that "expires with fireworks like the Hindenburg."

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RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News. I'm Renee Montagne.

DAVID GREENE, HOST:

And I'm David Greene. We have learned this morning that North Korea has agreed to a moratorium on nuclear tests and uranium enrichment activities. This is according to State Department officials just back from a trip to China, where they met with North Korean negotiators. NPR's Michele Kelemen has more on what could be a step towards reviving nuclear disarmament talks.

Media baron Rupert Murdoch's son James, 39, is leaving his job as executive chairman of News Corp.'s newspaper arm, the company said Wednesday. He'll focus instead on the international TV business at the company, which has been embroiled in a scandal over phone and e-mail hacking in Britain.