Originally published on Fri November 8, 2013 5:51 pm
There comes a time, it seems, when even parodies must face reality. And for The Onion, that time will come in December, when the satirical news source will stop publishing print editions and shift to being all-digital.
CBS News has retracted a key segment of a "60 Minutes" report that aired in late October. The story chronicled the deadly attack on the U.S. mission in Benghazi, Libya. As NPR's media correspondent David Folkenflik reports, CBS had defended its stories - its story for days. This was despite growing doubts about the credibility of a source, a British security contractor.
From NPR News this is ALL THINGS CONSIDERED. I'm Melissa Block in Washington.
AUDIE CORNISH, HOST:
And I'm Audie Cornish at NPR West in Culver City, California. This morning many economists were bracing for disappointing numbers from the Labor Department. But in fact, October hiring beat the estimates. Businesses seemed to shrug off last month's government shutdown, although the unemployment rate did tick up slightly to 7.3 percent. NPR's Yuki Noguchi explains.
Originally published on Mon November 11, 2013 2:29 pm
With holiday travel right around the corner, many Americans will have to decide whether to carry on or to check their baggage. Each decision comes with its own hassles.
By 2014, airlines are hoping to make you sweat less when you decide to check your bags. They will introduce an electronic tag system that allows you to track your suitcase's exact location on your smartphone during your travels.
Employers added 204,000 jobs to payrolls in October. The jobless rate edged up a bit, but that was likely a temporary phenomenon caused by the partial shutdown of the federal government. For more, Renee Montagne talks with NPR's John Ydstie.
How do you keep the world's longest economic win streak alive?
That's the question China's leaders face at a meeting that opens Saturday in Beijing. The meeting, known as the Third Plenary Session of the 18th Communist Party of China Central Committee, is the most important of its kind in years, and for the planet's second-largest economy, a lot hangs in the balance.
In decades past, meetings like this have been game changers. Consider the one in 1978, when Deng Xiaoping officially shut the door on the chaotic Mao era.
Despite all the problems with HealthCare.gov, a few dozen Alaskans have managed to enroll in a health plan through the marketplace. Lara Imler is one of them.
Imler, a 37-year-old hair stylist in Anchorage, ditched her office job as an accountant in 2004. She says she loves making people feel better about themselves and is a lot happier cutting hair than she was sitting in front of a computer. But she does miss one big thing about her old job: "I had health insurance, and it was wonderful."
On arguably the biggest day in Twitter's history, we wanted to look back to find out just how it all started, because like many Silicon Valley companies, its origin story is fraught.
That's the subject of Nick Bilton's new book, Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal. On Thursday, he chatted with All Things Considered host Audie Cornish about the 140-character service's complicated history, how Twitter made his book reporting easier and the forgotten founder of Thursday's stock darling.
Originally published on Thu November 7, 2013 4:09 pm
As eyes turned to the markets on Twitter's first day of trading, NPR wondered how some other tech stocks have performed since their IPOs. (Twitter closed at $44.90 Thursday, about 73 percent above its IPO price of $26 a share.)
Some of these stocks have soared. Others have stumbled.
But the really big business news is that "the European Central Bank startled investors Thursday with a surprise cut in its benchmark interest rate." As The Associated Press adds, "The bank lowered the benchmark refinancing rate to a record low 0.25 percent from 0.5 percent."
Originally published on Thu November 7, 2013 9:04 am
Eight months after the company he founded had a big public relations problem because too much of some women's backsides could be seen through its yoga pants, Lululemon founder Chip Wilson has put the story back in the news.
"Quite frankly, some women's bodies just actually don't work" in Lululemon's pants, Wilson said this week on Bloomberg Television's Street Smart.
"It's about the rubbing through the thighs," he added, and "how much pressure is there."
The New York Stock Exchange is at the center of attention Thursday morning as Twitter goes public at $26 per share. That means company is expected to raise almost $2 billion. For the latest on this highly anticipated IPO, NPR's Zoe Chace talks with host David Greene.
Originally published on Thu November 7, 2013 4:43 pm
6 p.m. ET: Twitter Shares Close At $44.90
At the end of its first day of public trading, shares of Twitter were valued at $44.90, reflecting a market value of more than $31 billion. The company sold 70 million shares of stock, raising $1.82 billion in the process.
Earlier Thursday, the company's shares soared from their initial public offering price of $26.
2:35 p.m. ET:
As you can see if you click on the player below, Twitter's stock has been trading around $47 a share in recent minutes.
Originally published on Thu November 7, 2013 3:57 am
Twitter goes public at $26 per share on Thursday. That's up from an earlier planned offering in the $17 to $20 range — and it may signal increased demand from institutional investors like hedge funds. Twitter is valued at just over $18 billion even though it has never turned a profit.
Originally published on Thu November 7, 2013 4:15 am
In the essay "The Myth of Sisyphus," philosopher Albert Camus — who would have turned 100 on Thursday — explored the nature of boring work. There's new psychological research into why people end up in boring jobs.
Some Swedish movie theaters are introducing the system. The scale grades films based on a concept introduced by the feminist cartoonist Alison Bechdel. Whether a film passes or fails depends on whether any of its named female characters have conversations with one another about something other than men.
We tweet. We text. We email. But how often do we really write anymore? Not much, if you look at the business of selling pens — or "fine writing instruments," as shop owners call them. With their writing tools becoming obsolete, pen stores have folded, including a century-old shop in New York.
But despite the tech-heavy trends, a few old-fashioned pen stores are still holding on.
In a global economy, does it make sense to allow workers to move freely?
Letting people go where the jobs are would improve the lives of millions around the world, some argue. But others say an influx of labor into the richest countries would devalue workers' worth and actually hurt more in the long run.
A group of experts recently took on this question in an Oxford-style debate for Intelligence Squared U.S. They faced off two against two on the motion "Let Anyone Take A Job Anywhere."