A new line of tablet readers is at the top of NPR's business news.
(SOUNDBITE OF MUSIC)
INSKEEP: They come from Amazon, which is rolling out its latest Kindle e-readers. They are faster, we're told, as well as cheaper. And as NPR's Steve Henn reports, they're aimed squarely at the youngest members of the family.
Peter Frew is one of a tiny number of people left in the United States who can — entirely on his own, using almost no machinery — make a classic bespoke suit. He can measure you, draw a pattern, cut the fabric and then hand-stitch a suit designed to fit your body perfectly.
Frew spent more than a decade as an apprentice for a remarkable tailor in his native Jamaica. He now sells his suits for about $4,000. Since New York is filled with very rich people who see their suits as an essential uniform, Frew has all the orders he can handle.
The concept of "pay what you want" for goods and services is a nostalgic throwback to the days when people trusted one another just a little bit more, and it's something you expect to see at the occasional farm stand or at a hip, independent coffee shop.
The Standard & Poor's 500-stock index rose to levels it hasn't hit in more than four years today, bolstered by the European Central Bank's plan to buy bonds of struggling countries to help support the euro. Strong U.S. jobs data also contributed to the gains.
German beer drinkers are eagerly awaiting Sept. 22, when the first Oktoberfest beer barrel will be tapped in Munich and two weeks of revelry begin. But when that happens, they might want to drink up — because the city's brewers are worried they won't be able to supply enough beer for the massive party and its huge beer tents.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
AUDIE CORNISH, HOST:
And I'm Audie Cornish at the Democratic National Convention.
All week the conversation here has been about jobs. But other than a primetime appearance by Costco's co-founder, big business supporters have been MIA. I did find a meeting of progressive business leaders, where I met a CEO named Kim Jordan.