Business & Education

The Two-Way
1:00 pm
Tue September 10, 2013

Used-Car Impresario Cal Worthington Dies At Age 92

Cal Worthington, who was a bomber pilot during World War II, flew his own private plane later in life.
Carrie Kahn NPR

Originally published on Tue September 10, 2013 4:21 pm

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All Tech Considered
11:00 am
Tue September 10, 2013

Gotta Be Honest, We're Not That Geeked About Apple's Reveal

Apple is expected to unveil new iPhones on Tuesday.
Spencer Platt Getty Images

Originally published on Tue September 10, 2013 1:48 pm

Leaks to tech industry sites give us a sense of what to expect from Apple's coming product announcement: Not one, but two new iPhone models. One will be more affordable, to reach international markets. The other, which we believe will be called the iPhone 5S, will come in gold or champagne colors.

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Parallels
10:58 am
Tue September 10, 2013

Is The iPhone Losing Out In The Chinese Market?

A woman looks at her phone in front of the Apple store in Shanghai. Apple unveiled a cheaper version of the iPhone on Tuesday.
Aly Song Reuters /Landov

Originally published on Tue September 10, 2013 12:29 pm

Earlier this year, Apple CEO Tim Cook was talking about the relatively poor sales of his products in China.

"In the arc of time, China is a huge opportunity for Apple and I don't get discouraged over a 90-day kind of cycle," he said while discussing his company's third-quarter results.

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The Two-Way
9:31 am
Tue September 10, 2013

Alcoa's Out & Nike's In As Dow Industrials Gets A Facelift

The Nike "swoosh" on a store in Orlando, Fla.
Getty Images

Originally published on Tue September 10, 2013 10:36 am

There aren't many better signs of how much the U.S. economy has changed in recent decades or how some companies are faring than this news:

Alcoa, Hewlett-Packard and Bank of America are being dropped from the Dow Jones Industrial Average in favor of Nike, Visa and Goldman Sachs.

The changes take effect when trading opens on Sept. 23.

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The Two-Way
8:51 am
Tue September 10, 2013

World's Largest Ferris Wheel Takes Shape In Las Vegas

The 55-story High Roller, which will be the world's largest Ferris wheel, is scheduled to open in early 2014.
Isaac Brekken AP

Originally published on Tue September 10, 2013 4:41 pm

Las Vegas is adding an eye-catching tourist attraction, in the form of a huge wheel that can take more than 1,000 people on a ride 550 feet into the sky over the city's famed Strip. The main construction of the wheel, called the High Roller, is nearly finished; it is expected to open in early 2014.

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Business
4:24 am
Tue September 10, 2013

Neiman Marcus Sells For $6 Billion

Originally published on Tue September 10, 2013 6:08 am

Transcript

RENEE MONTAGNE, HOST:

And we reported yesterday that Neiman Marcus was in the final stages of closing a big deal. Now the deal is done. The upscale retailer has just made its biggest sale ever - itself. The price: $6 billion. The buyers - the Canada Pension Plan Investment Board and a U.S. private equity group.

NPR's Wendy Kaufman reports.

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Business
4:11 am
Tue September 10, 2013

Verizon Creates Shock Waves With Planned Debt Sale

Originally published on Tue September 10, 2013 6:08 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news begins with some excitement in the bond market.

(SOUNDBITE OF THEME MUSIC)

INSKEEP: You want to buy something, you may have to borrow. Verizon is creating shock waves with a planned sale of debt. This telecommunications giant is expected to try to raise $20 billion or more tomorrow in what would be the largest sale of its kind. Those bonds would help fund the company's buyout of Vodafone, which owns nearly half Verizon's wireless division. Transcript provided by NPR, Copyright NPR.

Business
4:11 am
Tue September 10, 2013

Remembering Car Salesman Cal Worthington

Originally published on Wed September 11, 2013 7:43 am

Transcript

RENEE MONTAGNE, HOST:

And for today's last word in business, let's take a moment to remember one of the nation's most colorful car salesmen. Cal Worthington built an empire from West Coast car dealerships, and became a TV fixture thanks to his ads, which began running in the 1970s.

(SOUNDBITE OF MUSIC)

(SOUNDBITE OF CAL WORTHINGTON AD)

UNIDENTIFIED WOMAN: Here's Cal Worthington and his dog, Spot.

UNIDENTIFIED GROUP: (Singing) If you need a better car, go to Cal. For the better deal by car, go to Cal...

STEVE INSKEEP, HOST:

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Business
4:11 am
Tue September 10, 2013

Delta Airlines Woos Ultra Frequent Fliers

Originally published on Tue September 10, 2013 6:08 am

Transcript

STEVE INSKEEP, HOST:

Delta is trying new ways to cater to the business travelers who make up the heart of the airline business.

Susanna Capelouto reports from Atlanta.

SUSANNA CAPELOUTO, BYLINE: It's a mess at Atlanta's Hartsfield-Jackson International Airport. Some flights are delayed, passengers are anxious. But Delta concierge Vangie Potter is in her element.

VANGIE POTTER: We're trying to track down Mr. Greenberg. He's going to LaGuardia. He has about 15 minutes to make it, two concourses over.

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All Tech Considered
4:50 pm
Mon September 9, 2013

Smartwatch Is Next Step In 'Quantified Self' Life-Logging

Samsung's new Galaxy Gear smartwatch marks a new generation of wearable devices.
Sean Gallup Getty Images

Originally published on Tue September 10, 2013 4:20 pm

You could call it the phantom menace. Each year, in the midst of winter, a rumor surfaces about a new Apple product that sets tech bloggers buzzing.

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Auburn University-Cyber Operations
4:38 pm
Mon September 9, 2013

Auburn Named Cyber Operations Center Of Excellence

The National Security Agency has designated Auburn University and three other schools as a National Center of Academic Excellence in Cyber Operations.
Credit Auburn University

The National Security Agency has designated Auburn University and three other schools as a National Center of Academic Excellence in Cyber Operations. The others are Carnegie Mellon University; Mississippi State University; and the Air Force Institute of Technology.

Auburn officials say the program, which now has a total of eight schools, is designed to cultivate more cyber professionals in an ever-changing global environment.

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Planet Money
2:23 pm
Mon September 9, 2013

The Most (And Least) Lucrative College Majors, In 1 Graph

Matt Stiles NPR

Originally published on Sat September 14, 2013 12:59 am

Erin Ford graduated from the University of Texas two years ago with a bachelor's degree in petroleum engineering. Recruiters came to campus to woo her. She got a paid summer internship, which turned into a full-time job after she graduated. Now, at age 24, she makes $110,000 a year.

Michael Gardner just graduated from City College in New York with a degree in psychology. He applied for more than 100 jobs, had trouble getting interviews and worked at Home Depot to make ends meet.

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Parallels
1:42 pm
Mon September 9, 2013

In The Arab World, Unrest Is Coupled With Unemployment

Tunisians are silhouetted Jan. 13 behind a poster of those who died in the revolution that overthrew an authoritarian president and started the Arab Spring. More than two years after the revolution, Tunisia is struggling with high unemployment and rising violence in its politics.
Amine Landoulsi AP

Originally published on Mon September 9, 2013 5:54 pm

The Syria conflict was initially part of a wave of uprisings in 2011 known as the Arab Spring, which began in part as a cry for political freedom and more economic opportunity. Fast-forward to today, when unemployment in some of these countries is among the highest in the world.

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All Tech Considered
1:26 pm
Mon September 9, 2013

Net Neutrality In Court: Here's What You Need To Know

The future of the Internet is at stake in a case before a D.C. court.
Hoang Dinh Nam AFP/Getty Images

Originally published on Mon September 9, 2013 2:27 pm

The beauty of the Internet — and the reason for its ubiquitous place in our lives — is that just about anyone can use it to offer services, products or information. But the link between what's out there on the Internet, how fast it gets to us and how much data can get to us is dependent on Internet service providers and the rules that govern them. That's where things get thorny for the principle of net neutrality.

If your eyes are already glazing over, consider this: This debate could affect the speed, quality and cost of your Hulu or Netflix binge-viewing.

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The Two-Way
12:53 pm
Mon September 9, 2013

Craft Beer's Success Makes Sam Adams Founder A Billionaire

Founder and Chairman of the Boston Beer Co. Jim Koch has seen shares of his company rise from $20 in 2009 to a record $227 Monday.
Isaac Brekken Getty Images

Originally published on Mon September 9, 2013 2:38 pm

These are good times for craft beers — and not just for people who like to drink them, but for those who make them. As an example, look to the brewer of Sam Adams. Boston Beer Co.'s soaring stock price has made its founder, Jim Koch, into a billionaire, Bloomberg News reports.

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