This is ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.
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And I'm Audie Cornish. Apple unveiled two new phones today. One of them, the iPhone 5C, is a lower-priced phone aimed at customers in the developing world. The other, a high-end model, comes with a fingerprint scanner called Touch ID. Now, the unveiling comes as the company faces pressure on several fronts - from rival phone makers, and from Wall Street investors clamoring for breakthrough products.
Trading on the Nasdaq exchange was halted today due to an unspecified technical glitch. The shutdown rattled investors and raised fresh concerns about the safety and stability of financial markets. Nasdaq in particular has experienced technological mishaps, most notably during the Facebook IPO in 2012.
Facebook founder and CEO Mark Zuckerberg has teamed up with other tech giants to pursue the goal of providing Internet service to five billion people in the developing world. The group, called Internet.org, says data can be used more efficiently and participating partners can work cooperatively to make access to the web affordable in emerging economies. Zuckerberg makes the case on his Facebook page for how a global Internet infrastructure can be created. But the document doesn't have tangible commitments from Facebook or other participating companies.
The Republican National Committee meets this week in Boston with lots to argue about — if they choose to do so. There's immigration and Obamacare resistance and the 2016 presidential nominating system.
President Obama was back on the road talking about the economy today. Lately, he's been taking a trip or two a week all over the country with a different focus each time. Today, he was talking about housing in Phoenix, where the 2008 crash was louder and more painful than in most places. The president laid out some new proposals to help the housing industry, and he described some old ones too.
You're listening to ALL THINGS CONSIDERED from NPR News.
In New York City today, a victory for the Securities and Exchange Commission: A federal jury held former Goldman Sachs trader Fabrice Tourre liable on six of the seven counts against him. The SEC had accused Tourre of intentionally misleading investors about a mortgage-backed security just as the housing sector was beginning to collapse. The investment created huge losses.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
AUDIE CORNISH, HOST:
And I'm Audie Cornish.
The push for a big rewrite of the nation's immigration laws has moved from one side of the Capitol to the other. Late last month, the Democratic-led Senate passed a sweeping immigration overhaul. Now it's up to the GOP-led House to act.
Three men are denied access to a golf course in Columbus, Ohio, in January 1956. Blacks were regularly denied access to golf courses.
This week, All Things Considered host Audie Cornish traveled to Birmingham, Ala., to cover the 50th anniversary of the tumultuous civil rights protests that happened there. It's all part of NPR's series commemorating the monumental summer of 1963.
What if you could know tomorrow's news before anybody else? And if your first thought is, hey, I could get really, really rich, then we have a job for you. You are probably a good candidate for one of the many trading firms that have found a way to do just that. They pay money to get an advanced peek at crucial economic data before anybody else does.