In his new book The Everything Store, Brad Stone chronicles how Amazon became an "innovative, disruptive, and often polarizing technology powerhouse." He writes that Amazon was among the first to realize the potential of the Internet and that the company "ended up forever changing the way we shop and read."
An image from a video posted by Banksy shows a man representing the artist staffing a sidewalk stall featuring signed works for $60. Banksy says he only made $420 Saturday, with one customer negotiating a 2-for-1 discount.
Credit Banksy NY / YouTube
A limited edition of Banksy's "Love Is in the Air" sold for $249,000 at Bonhams auction house in London this summer. The artist offeed a version of the work for $60 on the sidewalk in New York Saturday.
<strong>Still Right Twice A Day:</strong> Visitors look at the Ohio Clock outside the Senate chamber on Capitol Hill Sunday. The clock that has stood watch over the Senate for 196 years stopped running shortly after noon Wednesday. Employees who wind the clock weekly were furloughed in the federal shutdown.
Originally published on Mon October 14, 2013 4:34 pm
This post was last updated at 6:10 p.m. ET.
The House and Senate were in session on Columbus Day, the 14th day of the federal government shutdown. A meeting that had been arranged between President Obama, Vice President Biden and the four main leaders of Congress was postponed, as the White House cited the progress being made in negotiations.
The latest word of a possible deal calls for raising the federal debt limit through Feb. 15 and funding a return to work for the government through Jan. 15. We'll update this post as more news comes in.
It's been 521 years since the Italian explorer Christopher Columbus "sailed the ocean blue/in fourteen hundred and ninety-two." Since then, there have been thousands of parades, speeches and statues commemorating Columbus, along with a critical rethinking of his life and legacy.
But the question remains, how did a man who never set foot on North America get a federal holiday in his name? While Columbus did arrive in the "New World" when he cast anchor in the Bahamas, he never made it to the United States.
In a rebroadcast from Aug. 3, 2013, Louie talks with Denise Kiernan, author of "The Girls of Atomic City: The Untold Story of the Women who Helped Win World War II." Kiernan talks about the women who were sent to work in a top secret city to enrich uranium for the first atomic bomb...but they didn't know it. Learn more about the book and view videos at http://www.girlsofatomiccity.com/, or visit Denise Kiernan's Facebook page at https://www.facebook.com/DeniseKiernanAuthor.
Louie talks with Stephen Voglewede, Assistant Director of the MBIA's Competitiveness Group; and Rajkumar Lakshmanaswamy, PhD, Associate Professor of Biomedical Sciences TTUHSC Paul L. Foster School of Medicine. Stephen and Dr. Raj talk about the upcoming BIOMED Symposium, which invites members of the medical community and the general public to learn about the ways El Paso is striving to establish itself as a biomedical community. We'll also hear about the ways UTEP, Texas Tech, and NMSU are collaborating their research efforts for the betterment of the region's health. Information and registration avialable at http://mcabiomed.com/
Originally published on Mon October 14, 2013 7:12 am
Three American professors have won the 2013 Nobel Prize for Economics for their work in identifying long-term trends in the prices of stocks and bonds, based in part on analyzing the role of risk.
Professors Robert J. Shiller of Yale University and Eugene F. Fama and Lars Peter Hansen, both of the University of Chicago, won "for their empirical analysis of asset prices," the Royal Swedish Academy said in announcing the honor Monday.
OK, the Nobel Memorial Prize in economics was awarded today to three American men - Eugene Fama, Lars Peter Hansen, Robert Shiller. The Nobel committee cited their research in the predictability of stock prices, as well as other asset prices. We're going to find out more now from Zoe Chace of NPR's Planet Money team. She's on the line. Hi, Zoe.
ZOE CHACE, BYLINE: Hi, Steve.
INSKEEP: Each of these guy's names is a little familiar, I think to the layman, especially maybe Shiller. Who are they?