From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
AUDIE CORNISH, HOST:
And I'm Audie Cornish. This afternoon, investors watched even more closely than usual as Apple released its quarterly earnings. The numbers beat Wall Street's gloomy expectations. But for the first time in a decade, Apple's profits fell from the same period a year earlier. NPR technology correspondent Steve Henn joins us from Silicon Valley to talk about today's results. Hey there, Steve.
We've reported on how cheap natural gas is revolutionizing the energy industry. It's plentiful, thanks to the drilling technique known as fracking. Well, that's also changing American manufacturing. Factories are turning to natural gas to replace oil and even biomass sources like woodchips. And here's an example, a paper mill in East Millinocket, Maine.
Originally published on Tue April 23, 2013 4:40 pm
Some 93 percent of Americans saw their mean net worth fall in the first two years of the post-recession recovery, while the remaining 7 percent increased net worth by nearly a third, according to a new Pew Research Center analysis of Census Bureau data.
Originally published on Tue April 23, 2013 1:10 pm
A federal court has approved a settlement agreement between the Department of Justice and Anheuser-Busch InBev that will allow the mammoth beer company to complete its purchase of Grupo Modelo, a Mexico-based brewer that produces Corona, Pacifico and other beers.
The deal, which requires AB InBev to sell all of Modelo's U.S. business, clears the way for the $20.1 billion acquisition of the remaining portion of Modelo that AB InBev did not yet own. Terms of the deal were announced Friday.
Originally published on Wed April 24, 2013 6:37 am
Update at 5 p.m. ET:
Reuters reports that Apple has posted better-than-expected second-quarter earnings of $43.6 billion, "reflecting strong sales of the iPad and iPhone." Wall Street had forecast revenue of $42.3 billion, the wire service says.
We pick up our original post here:
Investors are waiting, many not so eagerly, for a look at how Apple for the second quarter.
Brown University student Sunil Tripathi, who has been missing since March, was wrongly identified in social media as a suspect in the Boston Marathon bombings. Reddit has apologized to Tripathi's family "for the pain they have had to endure."
Originally published on Tue April 23, 2013 6:07 am
The Senate voted Monday to advance a bill that would allow states to force online retailers to collect state and local sales taxes. Currently, states can only require brick and mortar stores to collect the sales tax. This greatly benefits online shoppers, who save by not paying the tax.
Now here's a change. Earlier this year, the worst drought conditions seen in the Midwest in decades threatened to close the Mississippi River to barge traffic. Now, communities along the river in Missouri and Illinois are bracing for flooding.
St. Louis Public Radio Maria Altman reports.
MARIA ALTMAN, BYLINE: The threat of flooding on the Mississippi River came on quickly after last week's storms dumped rain across the Midwest. The town of Clarksville, Missouri didn't even have time to erect its metal flood wall.
Imagine a world with machines that wash, press and dress you on the way to work and vacations via hologram visits to exotic beaches. In his new book, The New Digital Age, Google Executive Chairman Eric Schmidt does just that — but it's no gee-whiz Jetsons fantasy.
Schmidt partners up with Jared Cohen, a foreign policy counterterrorist specialist poached from the State Department now working for Google Ideas. Together they forecast a raft of new innovations and corresponding threats that will arise for dictatorships, techno revolutionaries, terrorists and you.