Bitcoin, the digital currency that trades outside the control of central banks and international borders, reached new heights Tuesday, surpassing the $200 mark for the first time. That level comes just five days after bitcoin approached $150, a development that Mt.Gox, the largest exchange service for the currency, deemed to be "epic."
Bitcoin's rise has been sharp. It was only two months ago that exchange rates put a single bitcoin's value at around $20.
Matthew Marcus works at his desk in the basement of Kansas City Startup Village in Kansas City, Kan., in January. The village houses several startup companies and takes advantage of the high-speed Internet. Google announced on Tuesday it would be installing its Google Fiber network in Austin, Texas, next.
Google announced Tuesday that its Google Fiber project would be hitting Austin, Texas, next. The company says Austin, famous for its South by Southwest festival, is a "mecca for creativity and entrepreneurialism, with thriving artistic and tech communities."
Google Fiber is the tech giant's blazing fast Internet service, with current rates at 1 Gpbs, about 100 times faster than your typical cable broadband Internet service. It debuted in Kansas City in 2012.
After an unsuccessful face-lift attempt by Ron Johnson, J.C. Penney will be led by former CEO Myron Ullman. Some analysts say this might be it for the retailer; others say it must "embrace" its customers to recuperate.
A year and a half ago, J.C. Penney's then-brand new CEO Ron Johnson undertook what was supposed to be a transformation of the 110-year-old department store. Yesterday, the retailer cut his tenure short.
J.C. Penney lost nearly $1 billion last year as customer traffic dropped off.
Now, it's bringing back former Chief Executive Officer Myron Ullman to try to stanch the bleeding.
University of Louisville fans have had a lot to cheer about lately — and not just basketball.
Monday's big victory by Louisville's men's basketball team over Michigan is just the latest success for the school and for an athletic department that is quickly becoming one of the country's most admired.
In January, the football team upset fourth-ranked Florida to win the Sugar Bowl, and coach Charlie Strong turned down a lucrative offer from the University of Tennessee to continue rebuilding the Louisville program.
A U.S. Senate committee held a confirmation hearing for Ernest Moniz on Tuesday, who has been nominated to be the U.S. Energy Secretary. Moniz says he will retire from MIT, where he's a professor of physics and energy systems. He would advocate for the Obama administration's "all of the above" energy strategy, which calls for continued fossil fuels development and supports nuclear energy, wind and solar.
This is not the sound of the ALL THINGS CONSIDERED staff morning meeting.
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BLOCK: It's not Justin Timberlake doing his vocal warm-up. And it's not a celebration of hedge fund managers.
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BLOCK: It is the sound of the wild gelada monkey. And why are we bringing you the sound of the wild gelada monkey? Well, because a new study finds the vocalization of these monkeys could tell us something about the beginning of human speech.
Republicans don't often make high-profile speeches at Howard University, one of the country's most prominent historically black schools. But on Wednesday, Kentucky Sen. Rand Paul will talk to Howard students about how his party can be more inclusive.
Paul believes one answer is libertarianism — and party leaders are starting to think he might be on to something.
You are listening to ALL THINGS CONSIDERED from NPR News.
It's become a regular refrain on Capitol Hill. When it comes to political money and corruption, the government should just enforce the laws already on the books. Well, today, two senators held a Judiciary subcommittee hearing on why those laws aren't well enforced. NPR's Peter Overby has that story.
Melissa Block talks to Idaho Sen. James Risch about opposing the gun legislation Senate Majority Leader Harry Reid wants to move to the floor later this week. Risch was one of thirteen Republican senators who signed a letter addressed to Sen. Reid on Monday, threatening to filibuster the bill.