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The daily lowdown on books, publishing, and the occasional author behaving badly.

By beating Michigan 82-76 Monday night in Atlanta, Louisville won this year's Division I men's basketball championship.

In winning:

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DAVID GREENE, HOST:

The director Danny Boyle is best known for the Oscar-winning "Slumdog Millionaire." His latest film is called "Trance," but Los Angeles Times and MORNING EDITION film critic Kenneth Turan was not put under its spell.

KENNETH TURAN, BYLINE: "Trance" begins with the auction of a painting by Goya.

(SOUNDBITE OF MOVIE, "TRANCE")

JAMES MCAVOY: (As Simon) Telephone bidder now, $26 million; 26 on the telephone, 27 to the lady on the aisle. Selling, 27 million, 500 thousand pounds - sold...

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DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning. I'm David Greene. President Obama is preparing to send budget plan to Capital Hill this week and Treasury Secretary Jack Lew will be key in selling that plan to Congress.

Right now, Secretary Lew is on another mission: to sell European leaders on the idea of easing austerity to boost economic growth. We reached Secretary Lew in Berlin. Mr. Secretary, welcome back to the program.

SECRETARY JACK LEW: Good to talk to you, David.

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DAVID GREENE, HOST:

NPR's business news starts with J.C. Penney's revolving door.

(SOUNDBITE OF MUSIC)

GREENE: J.C. Penney has ousted its high-profile CEO, Ron Johnson. The retailer recruited Johnson from Apple, to revitalize the company. But since his arrival less than 18 months ago, things at J.C. Penney have only gotten worse.

Here's NPR's Wendy Kaufman.

The budget President Obama will send to Congress Wednesday is expected to include some $400 billion in reductions to Medicare and other health programs.

And if the word around Washington is correct, it may also include a proposal aimed at winning some bipartisan backing — by changing the way Medicare patients pay for their care.

In New York and Washington, government regulators are cracking down on insider trading, the illegal practice in which people with internal information about important company events make stock market trades before ordinary investors find out what's happening.

April Fool's Day was one week ago — but an elaborate hoax targeting Pastor Joel Osteen gained wide attention Monday, after those behind the hoax used Twitter, YouTube, and other social media to spread spurious claims that the pastor had renounced his faith and would close his huge Texas church.

Update at 12:15 p.m. ET, Tuesday: Man Behind Hoax Describes Motives, Public Response

There was no formal acknowledgment of the historic moment Saturday when Jean Stevens stood at a dark wooden podium framed by potted plants and colorful flowers in the cavernous Mormon conference center in Salt Lake City.

"Our beloved father in heaven," she began, as 20,000 faithful and silent Mormons in the building listened, and as millions of others (according to Church officials) watched on television screens around the world.

After an unsuccessful makeover of the retailer J.C. Penney, Ron Johnson, the company's chief executive, is out.

In a press release, the company said Myron "Mike" Ullman, who was the company's previous CEO, is retaking the reins.

Chocoholics, rejoice!

British scientists have developed a new fruit-juice-infused chocolate that they say has up to 50 percent less fat than the regular stuff. And it's tasty, too.

The scientists, led by University of Warwick's Stefan Bon, created the hybrid chocolate using a blender to generate microscopic droplets of fruit juice fine enough to blend into molten chocolate.

Last week, several media outlets and advocacy groups began circulating the same sad story: Because of sequestration, 60 low-income families in Dane County, Wis., were soon to be homeless.

But the truth is more complicated.

The story began with a blog post written in February by Dane County Housing Authority Executive Director Rob Dicke.

Buckle up — climate change could make this a bumpy flight.

That's according to a newly published study by two British scientists who say increased levels of CO2 in the atmosphere will make "clear air turbulence" — which can't be easily spotted by pilots or satellites — more common over the North Atlantic. That means the potential for gut-wrenching flights between the U.S., Europe and points east.

If there's no such thing as bad publicity, how much is good publicity worth? Webster University wants to find out.

Last year, the university didn't have a chess team. On Sunday, its team took home the national college championship, the President's Cup, after winning what is often called the "Final Four" of chess.

Margaret Thatcher, the iconic former British prime minister, died Monday at age 87 after suffering a stroke. Although she was a towering presence on the world stage in the 1980s, often standing shoulder to shoulder with fellow conservative President Ronald Reagan, some people may have forgotten her contributions.

We decided to highlight five things you ought to know about her:

She helped break the glass ceiling in politics.

With his department under the watch of the federal government, Seattle Police Chief John Diaz announced today he was stepping down.

The Seattle Times reports:

"Diaz, who has been with the Seattle Police Department for more than 30 years, didn't say why he decided to retire now.

It's been a little more than a month since the start of the sequester — the automatic, across-the-board spending cuts that kicked in because Congress couldn't agree on something better.

Before it hit, there were dire and at times very specific predictions of job losses, furloughs and program cuts — many of them from the Obama administration.

Of course, it's still early. Everything you hear today about the effects of the sequester could and probably will change over the coming weeks and months.

Congress returns from a two-week recess amid reports that a gun deal in the Senate may have gained late momentum; a focus on immigration to include a rally on Capitol Hill; and a budget proposal from President Obama that already has some in his own party fuming.

Here's what's happening on key issues this week:

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TERRY GROSS, HOST:

This is FRESH AIR. David Kuo died Friday of brain cancer at the age of 44. We're going to hear an excerpt of my interview with him. When President Bush created the office of Faith-Based and Community Initiatives in 2001, Kuo, a conservative, evangelical Christian, became its deputy director. When he left the office in 2003, he accused the Bush administration of manipulating conservative Christians to get the Christian vote.

Around midnight ET Monday, we should know whether something that's only happened once might happen again.

If the University of Louisville's men win the Division I basketball championship — they play Michigan in a game set to start at 9:23 p.m. ET on CBS TV — then there's a chance that this year both the men's and women's trophies will go to the same school.