"The Yahoo board has approved a deal to pay $1.1 billion in cash for the blogging site Tumblr."
The Journal, the only outlet reporting the approval, is sourcing its story to "people familiar with the matter." Lauren Armstrong, a Yahoo spokeswoman, told us in an email that they "don't comment on rumors or speculation."
One hundred and forty years ago this month, a German immigrant named Levi Strauss patented the first pair of jeans ever made. During the California gold rush, Strauss traveled across the country to set up a West Coast branch of his family's dry goods business. That business changed forever when Strauss got a letter from a tailor named Jacob Davis.
The Tesla Model S, Motor Trend Car of the Year, is introduced at the 2013 North American International Auto Show, in Detroit in January. Tesla's attempts to sell its cars without going through dealerships is meeting resistance.
An Afghan worker helps excavate part of the mountaintop copper works above the ancient city at Mes Aynak in February. Afghanistan is believed to be sitting on massive mineral and metal deposits. But many obstacles have prevented large-scale mining from getting underway.
Credit Musadeq Sadeq / AP
A journalist walks by an exhibit of minerals on the way to a news conference by the Afghan minister of mines, in Kabul in 2010.
For years, reports have suggested that Afghanistan is sitting on massive deposits of copper, gold, iron and rare earth minerals valued up to $3 trillion. This provides hope for a future economy that would not have to rely so heavily on foreign donations.
But with an uncertain political, regulatory and security environment, international investors are hesitant. And it could be many years before Afghanistan begins extracting its mineral wealth.
This is TELL ME MORE, from NPR News. Michel Martin is away. I'm Celeste Headlee. Coming up, it's National Bike to Work Day, but many millennials prefer two wheels to four. Why more 20-somethings are driving less. That's just ahead.
From teens with drive, we turn now to young people who have no interest in driving. This is National Bike to Work Day, and a substantial number of millennials choose bikes or public transportation or their feet to get around instead of cars. That's according to the U.S. Public Interest Research Group, or PIRG, which concluded that the 20th century driving boom is over.
Paul Eisenstein has written about this trend. He's the editor of TheDetroitBureau.com, and he joins me now. Welcome.
"It feels good to be able to change something. It feels good to give." -- Ron Finley
You can give away almost anything — your time, money, food, your ideas. Giving helps define who we are and helps us connect with others. And thanks to the Internet and a rise in social consciousness, there's been a seismic shift not only in what we're giving, but how. In this hour, stories from TED speakers who are "giving it away" in new and surprising ways, and the things that happen in return.
On Thursday, President Obama named Daniel Werfel, 42, acting IRS commissioner. The announcement comes a day after the resignation of Steven Miller, who got caught up in the controversy over the IRS targeting Tea Party groups.
A 79 percent drop in earnings — That's what the computer maker reported to investors Thursday. The reason, analysts say, it's harder to sell PCs these days with the growing popularity of smartphones and tablets
It's MORNING EDITION, from NPR News. I'm Steve Inskeep. This week in San Francisco, Google held its annual developers conference. The Internet search giant debuted updates for just about everything from Google+ to Maps, and gave talks on gadgets like Google Glass. And, as NPR's Steve Henn reports, Google laid out its vision for its future, as well as our future.
With supplies high and prices at historic lows, there's debate whether companies should be allowed to export the gas overseas for a higher price. Many energy companies have applied for government approval to ship liquefied natural gas worldwide. So far, only one company has gotten a license to do that in the past 30 years..
Sales of guns and ammunition rose after President Obama took office in 2008, and they went through the roof starting late last year, when a school shooting led to a push for new gun control measures. That's led to a prolonged ammunition shortage, even with manufacturers running at full capacity.
Credit John Schultz/Quad-City Times / ZUMAPRESS.com
For decades, Hill County Farms, also known as Henry's Turkey Service, housed a group of mentally disabled men in squalor in this former schoolhouse in Atalissa, Iowa. The EEOC won a judgment against the company for exploiting the men.
Four years ago, 21 men with intellectual disabilities were emancipated from a bright blue, century-old schoolhouse in Atalissa, Iowa. They ranged in age from their 40s to their 60s, and for most of their adult lives they had worked for next to nothing and lived in dangerously unsanitary conditions.
Earlier this month, the Equal Employment Opportunity Commission won a massive judgment against the turkey-processing company at which the men worked. The civil suit involved severe physical and emotional abuse of men with intellectual disabilities.
Hundreds of underground passageways wind like a maze beneath the Egypt-Gaza border, providing a way for Gazans to maneuver around the 2007 Israeli-led economic blockade that took effect after Hamas took control of the Gaza Strip.
And while subterranean tunnels may seem like something out of a thrilling spy movie, the reality and practicality of these channels is somehow not surprising.
This week, Google, already a leader in mapping, created more space between itself and its competitors by more deeply mining the data users provide the company when using its various services.
At the Google developers' conference in San Francisco on Wednesday, Daniel Graf, director of Google Maps, crowed about the company's mapping app for the iPhone — and couldn't quite stop himself from taking a dig at Apple.
"People called it sleek, simple, beautiful, and let's not forget, accurate," he said.
A couple generations ago, when older Americans retired they could rely on pension plans to support them. Then, in the late 1970s and early 1980s, many companies switched their retirement plans over to 401(k) accounts. The security of workers' retirement savings suddenly became subject to the vagaries of the stock market.
This is TALK OF THE NATION. I'm Neal Conan in Washington. Thirty million dollars is a lot of money, but how do you divide it among the families of the three people killed, the dozens maimed, the hundreds who spent time in the hospital, the thousands who witnessed the blasts at the finish line of the Boston Marathon last month?
Roxarsone, a drug linked to elevated levels of inorganic arsenic in chicken meat, is no longer used in broiler chicken farming, producers say. But another arsenic-based drug is still used to raise turkeys.
A study published online recently in the journal Environmental Health Perspectives documented slightly elevated levels of arsenic in samples of chicken purchased at grocery stores in 10 cities in the U.S.
So how did trace amounts of this toxin end up in supermarket poultry?
Billionaire investment legend Warren Buffett's Berkshire Hathaway Inc. has had its credit rating lowered from AA+ to AA by Standard & Poor's Ratings Services.
In a statement, S&P says that even though Berkshire Hathaway has an "excellent business profile," the lower credit rating "better reflects our view of BRK's dependence on its core insurance operations for most of its dividend income." (S&P's statement is posted on its website, but you have to register to view it.)
-- There were 360,000 first-time claims for unemployment insurance last week, up 32,000 from the week before, the Employment and Training Administration says. At 360,000, the pace was the fastest since the last week of March. But it remained well below the 400,000-and-higher rate that lasted from mid-2008 into 2011.
Minnesota. Vermont. South Dakota. OK. These are not states people normally associate with fantastic wine - or wine at all, for that matter. Grapes didn't always ripen in the state's short growing season. And even when they did, the grapes were better suited for jelly and juice. Their musty taste left little to really desire in a glass of wine.