How do you keep the world's longest economic win streak alive?
That's the question China's leaders face at a meeting that opens Saturday in Beijing. The meeting, known as the Third Plenary Session of the 18th Communist Party of China Central Committee, is the most important of its kind in years, and for the planet's second-largest economy, a lot hangs in the balance.
In decades past, meetings like this have been game changers. Consider the one in 1978, when Deng Xiaoping officially shut the door on the chaotic Mao era.
Despite all the problems with HealthCare.gov, a few dozen Alaskans have managed to enroll in a health plan through the marketplace. Lara Imler is one of them.
Imler, a 37-year-old hair stylist in Anchorage, ditched her office job as an accountant in 2004. She says she loves making people feel better about themselves and is a lot happier cutting hair than she was sitting in front of a computer. But she does miss one big thing about her old job: "I had health insurance, and it was wonderful."
Originally published on Thu November 7, 2013 6:09 pm
As eyes turned to the markets on Twitter's first day of trading, NPR wondered how some other tech stocks have performed since their IPOs. (Twitter closed at $44.90 Thursday, about 73 percent above its IPO price of $26 a share.)
Some of these stocks have soared. Others have stumbled.
On arguably the biggest day in Twitter's history, we wanted to look back to find out just how it all started, because like many Silicon Valley companies, its origin story is fraught.
That's the subject of Nick Bilton's new book, Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal. On Thursday, he chatted with All Things Considered host Audie Cornish about the 140-character service's complicated history, how Twitter made his book reporting easier and the forgotten founder of Thursday's stock darling.
But the really big business news is that "the European Central Bank startled investors Thursday with a surprise cut in its benchmark interest rate." As The Associated Press adds, "The bank lowered the benchmark refinancing rate to a record low 0.25 percent from 0.5 percent."
Eight months after the company he founded had a big public relations problem because too much of some women's backsides could be seen through its yoga pants, Lululemon founder Chip Wilson has put the story back in the news.
"Quite frankly, some women's bodies just actually don't work" in Lululemon's pants, Wilson said this week on Bloomberg Television's Street Smart.
"It's about the rubbing through the thighs," he added, and "how much pressure is there."
The New York Stock Exchange is at the center of attention Thursday morning as Twitter goes public at $26 per share. That means company is expected to raise almost $2 billion. For the latest on this highly anticipated IPO, NPR's Zoe Chace talks with host David Greene.
At the end of its first day of public trading, shares of Twitter were valued at $44.90, reflecting a market value of more than $31 billion. The company sold 70 million shares of stock, raising $1.82 billion in the process.
Earlier Thursday, the company's shares soared from their initial public offering price of $26.
2:35 p.m. ET:
As you can see if you click on the player below, Twitter's stock has been trading around $47 a share in recent minutes.