When the United Kingdom voted to leave the European Union last month, the seaside town of Port Talbot in Wales eagerly went along with the move. Brexit was approved by some 57 percent of the town's residents.

Now some of them are wondering if they made the wrong decision.

The June 23 Brexit vote has raised questions about the fate of the troubled Port Talbot Works, Britain's largest surviving steel plant — a huge, steam-belching facility that has long been the town's biggest employer.

Solar Impulse 2 has landed in Cairo, completing the penultimate leg of its attempt to circumnavigate the globe using only the power of the sun.

The trip over the Mediterranean included a breathtaking flyover of the Pyramids. Check it out:

President Obama is challenging Americans to have an honest and open-hearted conversation about race and law enforcement. But even as he sits down at the White House with police and civil rights activists, Obama is mindful of the limits of that approach.

"I've seen how inadequate words can be in bringing about lasting change," the president said Tuesday at a memorial service for five law officers killed last week in Dallas. "I've seen how inadequate my own words have been."

Mice watching Orson Welles movies may help scientists explain human consciousness.

At least that's one premise of the Allen Brain Observatory, which launched Wednesday and lets anyone with an Internet connection study a mouse brain as it responds to visual information.

The FBI says it is giving up on the D.B. Cooper investigation, 45 years after the mysterious hijacker parachuted into the night with $200,000 in a briefcase, becoming an instant folk figure.

"Following one of the longest and most exhaustive investigations in our history," the FBI's Ayn Dietrich-Williams said in a statement, "the FBI redirected resources allocated to the D.B. Cooper case in order to focus on other investigative priorities."

This is the first in a series of essays concerning our collective future. The goal is to bring forth some of the main issues humanity faces today, as we move forward to uncertain times. In an effort to be as thorough as possible, we will consider two kinds of threats: those due to natural disasters and those that are man-made. The idea is to expose some of the dangers and possible mechanisms that have been proposed to deal with these issues. My intention is not to offer a detailed analysis for each threat — but to invite reflection and, hopefully, action.

Alabama authorities say a home burglary suspect has died after police used a stun gun on the man.  Birmingham police say he resisted officers who found him in a house wrapped in what looked like material from the air conditioner duct work.  The Lewisburg Road homeowner called police Tuesday about glass breaking and someone yelling and growling in his basement.  Police reportedly entered the dwelling and used a stun gun several times on a white suspect before handcuffing him.  Investigators say the man was "extremely irritated" throughout and didn't obey verbal commands.

It can be hard to distinguish among the men wearing grey suits and regulation haircuts on Pennsylvania Avenue in Washington. But David Margolis always brought a splash of color.

It wasn't his lovably disheveled wardrobe, or his Elvis ring, but something else: the force of his flamboyant personality. Margolis, a graduate of Harvard Law School, didn't want to fit in with the crowd. He wanted to stand out.

Montgomery Education Foundation's Brain Forest Summer Learning Academy was spotlighted Wednesday at Carver High School.  The academic-enrichment program is for rising 4th, 5th, and 6th graders in the Montgomery Public School system.  Community Program Director Dillion Nettles, says the program aims to prevent learning loss during summer months.  To find out how your child can participate in next summer's program visit Montgomery-ed.org

A police officer is free on bond after being arrested following a rash of road-sign thefts in southeast Alabama.  Brantley Police Chief Titus Averett says officer Jeremy Ray Walker of Glenwood is on paid leave following his arrest in Pike County.  The 30-year-old Walker is charged with receiving stolen property.  Lt. Troy Johnson of the Pike County Sheriff's Office says an investigation began after someone reported that Walker was selling road signs from Crenshaw County.  Investigators contacted the county engineer and learned signs had been reported stolen from several roads.


Is Wall Street's Love Affair With Apple Over?

Dec 25, 2012
Originally published on December 25, 2012 9:42 am




It's MORNING EDITION from NPR News. Good morning. I'm David Greene.

Let's begin our show this Christmas Day with a look back at a business development this year that took many investors by surprise. Just over three months ago, Apple's stock hit a record high - for a few days in September a single share was selling for more than $700. But since then, Apple's stock has tanked. In December, it traded briefly below $500 a share.

In today's Bottom line in business, NPR's Steve Henn explains what went wrong in the company's relationship with Wall Street.

STEVE HENN, BYLINE: Recently, I asked Colin Gillis, an analyst at BCG Partners, if this was it. Is Wall Street's love affair with Apple over?

COLIN GILLIS: I wouldn't say that it's, you know, it's over...

HENN: But Gillis says some investors are bracing themselves for disappointment. Sure, Apple is still dreamy. It's the most valuable company on the planet. It has enormous stock piles of cash in the bank and customer goodwill. Its product announcements are cultural events.


PHIL SCHILLER: I think we can tell by your excitement you know what this is.


SCHILLER: This is iPad Mini.



HENN: And still some of the old magic - at least for investors - is gone. At first glance that can seem kind of crazy. About a month from now, Apple will release its earnings report for the Christmas season, and analysts are expecting it to rake in well over $50 billion in revenue. They expect somewhere in the neighborhood $14 billion in profits.

GILLIS: Forty nine million iPhones could get shipped in the December quarter. I mean it's a staggering number.

HENN: Gillis says if Apple hits these numbers it will be one of the best quarters for any company in U.S. history.

So why has Apple's stock been dropping?

GILLIS: We actually are seeing a lot more viable competition in this space.

HENN: Apple pretty much created the markets for modern smartphones and tablets, and those market continue to grow by leaps and bound, but Apple's share of the market smartphones is flat, and its dominance of tablets is under attack.

CHARLES GOLVIN: Google has gotten their act together.

HENN: Charles Golvin follows consumer electronics at Forrester research. He says when consumers buy a tablet or a phone, they're buying into an ecosystem. Not so long ago Google's Android ecosystem was kind of a mess. Not anymore. Google's customers are happier.

GOLVIN: They're less likely to look over the fence and see the greener pastures of the Apple environment.

HENN: Google's Android already powers three of every four smartphones sold anywhere on the planet. And now its biggest partners - like Samsung - are competing aggressively with Apple for high-end customers. Golvin says for the first time Android tablets are beginning to sell well too.

GOLVIN: The fear that oh, wait a minute, look what happened on the phone side - right, now look at the market shares. Are we going to see the same thing on the tablet front?

HENN: Many Wall Street analysts believe that kind of tough tablet competition is inevitable.

GOLVIN: That's a wake up call for people who are looking at big upside for Apple.

HENN: But Apple didn't get where it is today by creating or defending monopolies - it made its fortune creating new markets - inventing entire new categories of devices and then selling them at a premium. That is why Wall Street fell in love with this company in the first place.

So when Tim Cook hinted that something big was coming this year at a tech conference in back in June, Wall Street went weak in the knees.

TIM COOK: Never have I seen the things I can't talk about today.


COOK: The juices are flowing.

HENN: After that, Apple's stock soared. And all year rumors have been swirling that Apple had big plans to transform television - the prospect that it would create a new multibillion dollar market for itself seemed both plausible and tantalizing. But when the September arrived and it became obvious TV wasn't the next big thing from Apple this year, Wall Street decided to reevaluate its relationship - at least for a little while.

Steve Henn, NPR News, Silicon Valley. Transcript provided by NPR, Copyright National Public Radio.