The Obama administration has upheld a ban on the import and sale of some Samsung smartphones and tablets. The move represents a victory for Apple, which is embroiled in a longstanding patent dispute with Samsung. But the import ban is unlikely to affect Samsung's profits since the devices at the heart of the case are no longer big sellers.
The owner of KFC and Pizza Hut has reported a near 70 percent drop in profits this quarter. Yum Brands relies on operations in China for three quarters of its revenue. Recent food safety issues and a bird flu outbreak there hit the company especially hard.
Originally published on Wed October 9, 2013 4:49 am
President Obama made his case for reopening the government and raising the debt ceiling at a White House news conference Tuesday afternoon. It was his first news conference in several weeks. House Speaker John Boehner spoke at the Capitol for about five minutes.
Yvonne Smith is the director of La Rive Spa at Northern Quest Resort and Casino in Washington state. Across the country, Native American tribes are hoping high-end extras will draw visitors to casinos.
Credit Jessica Robinson / Northwest News Network
The hotel pool at the Kalispel Tribe's Northern Quest Resort and Casino.
What used to be no-frills slot parlors off the highway are turning into resort-style destinations with spas, golf courses and luxury hotels. Native American tribes are hoping these added amenities will give them an edge in an increasingly competitive gaming market.
Originally published on Tue October 8, 2013 7:30 pm
On Day 8 of the federal government's partial shutdown, President Obama called House Speaker John Boehner. But the morning phone call produced no movement toward resolution, according to readouts by aides to both men.
Here are some of Tuesday's news highlights:
Obama gave his first lengthy press conference since early August, answering questions for more than an hour.
You're listening to ALL THINGS CONSIDERED from NPR News. For many parts of the country, winter has already struck and struck hard. Residents in those areas have started turning up their thermostats and according to federal predictions, they're likely to notice an increase in how much it costs to heat their homes. As Fred Bever from member station WBUR reports, after years of natural gas being the cheapest heating option out there, the price is starting to go up.
Originally published on Tue October 8, 2013 2:14 pm
Federal employees aren't the only ones feeling the heat in Week 2 of the government shutdown.
D.C. bars and restaurants are also getting nervous about just how long their customers will be out on furlough — and how that might dent their bottom line. While attendance at local happy hours was up in the past week, according to some reports, there are serious concerns about whether that can last with so many government workers sent home.
Indonesian President Susilo Bambang Yudhoyono speaks Tuesday at the Asia-Pacific Economic Cooperation summit on the Indonesian resort island of Bali. President Obama missed the meeting due to the budget impasse in Washington.
Originally published on Tue October 8, 2013 2:49 pm
Imagine a poker table.
At one seat, China's President Xi Jinping studies his cards. At another, Russian President Vladimir Putin is stroking his chin. Asian leaders fill the other seats, each trying to win the pot, which is filled — not with poker chips — but with jobs.
That's the kind of high-stakes game that played out this week in Indonesia, where global leaders got together to discuss trade relations. Their gathering ended Tuesday, and exactly who won what is not yet clear.
But this much is known: President Obama was not at the table.
Originally published on Tue October 8, 2013 7:18 am
Good morning, fellow political junkies. It's Day 8 of the partial shutdown of the federal government. Among the only certainties: many federal workers are a day closer to missing a paycheck and the nation is a day closer to hitting the debt ceiling.