Morning Edition from NPR

House Majority leader Eric Cantor is pushing a package of small business bills that also has the support of President Obama. The rare instance of cooperation could mark a change in strategy for the House following historically low approval numbers for Congress and rising poll numbers for the president.

Beginning Friday, the Bank of Greece will stop exchanging drachma notes for euros. The deadline comes at an uncertain time for Greeks, who worry that their country's debt crisis could eventually force it out of the eurozone.

On Capitol Hill Wednesday, Federal Reserve Chairman Ben Bernanke mentioned some positive developments on the economic front — including a decline in the jobless rate. But he added long-term unemployment is still a big concern.

Transcript

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.

Transcript

RENEE MONTAGNE, HOST:

At this year's fishing contest on Lake Winnebago in Wisconsin, they weren't just fishing for sturgeon. People arriving to fish parked their cars too closely, and the ice gave way. No one was hurt but three dozen vehicles were pulled out of the lake.

GOP presidential hopeful Mitt Romney turned back challenges from former Pennsylvania Senator Rick Santorum in Arizona., where Romney won easily, and in Michigan, where he eeked out a close win in the state where he was born. Before Tuesday night, Romney's last primary win was in Florida a month ago.