Business

11:55am

Tue October 15, 2013
Economy

Is The U.S. In A Debt Crisis?

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. You might've been hearing the name Malala Yousafzai. She is the Pakistani teenager who was shot at point-blank range by Taliban extremists a year ago because she dared to speak up about her desire to go to school. She has made a remarkable recovery. She is in the U.S. now. I spoke with her a few days ago and we'll bring you a portion of that conversation a little later in the program.

Read more

11:07am

Tue October 15, 2013
The Two-Way

Apple Hires Burberry CEO Ahrendts To Head Retail Division

Originally published on Tue October 15, 2013 3:45 pm

Angela Ahrendts is leaving her post as CEO of Burberry to head the online and retail division at Apple. She will become the first woman in the tech company's senior executive ranks.
Mark Lennihan AP

After going a year without a permanent executive in charge of its retail division, Apple said Tuesday morning that it is hiring Burberry CEO Angela Ahrendts as a senior vice president. She will be the first woman on Apple's team of senior executives.

A veteran of the fashion industry, Ahrendts, 53, is a native of New Palestine, Ind., who has headed Britain's Burberry since 2006. On Tuesday, the company reported total revenue of more than $1.64 billion in the six-month period that ended Sept. 30. Her tenure included a successful revamping of the company's online store.

Read more

4:50am

Tue October 15, 2013
Politics

House Waits For Details On Senate Bipartisan Proposal

Originally published on Tue October 15, 2013 5:03 am

With the debt ceiling deadline looming just two days away, Senate leaders say they're close to a deal that would reopen the government and avert default. Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell have been leading bipartisan talks on a way out of the deadlock. Even if a bipartisan agreement clears the Senate, it will likely be a hard sell to House Republicans.

4:50am

Tue October 15, 2013
Analysis

Columnist Doubts Parties Can Resolve Fundamental Differences

Originally published on Tue October 15, 2013 5:08 am

Steve Inskeep talks to Jonathan Chait, a commentator for New York magazine about how liberals are viewing the current budget negotiations in Congress, and if they might be willing to compromise on a deal.

4:50am

Tue October 15, 2013
World

For European Gangs, A Gem Of A Growth Industry: Jewel Heists

Originally published on Tue October 15, 2013 4:53 pm

Police display some of the jewelry recovered from the 2008 robbery of Harry Winston jewelers in Paris. Thieves snatched loot estimated to be worth $105 million.
Francois Guillot AFP/Getty Images

Thieves, using axes and smoke grenades, break into a Swiss luxury watch store and make off with more than $2 million in loot.

Read more

4:50am

Tue October 15, 2013
Business

Is It Too Soon To Worry About Holiday Retail Sales?

Originally published on Tue October 15, 2013 5:14 am

The calendar says October, but retailers and economists are already analyzing the holiday shopping season. With budget battles gripping Washington and an economy that's still recovering, there are mixed feelings about how far shoppers will open their wallets.

4:50am

Tue October 15, 2013
Business

Burberry CEO To Leave For Job At Apple

Originally published on Tue October 15, 2013 6:58 am

Angela Ahrendts will oversee the expansion of Apple retail and online stores. It's a newly created position for Ahrendts, who will report directly to Apple CEO Tim Cook. Since taking over Burberry in 2006, Ahrendts has nearly tripled revenue for the company — known for its distinctive tartan patterns.

4:50am

Tue October 15, 2013
Around the Nation

Harvest Brings Farm Families Together, Redefines Commitment

Originally published on Tue October 15, 2013 5:36 am

Transcript

STEVE INSKEEP, HOST:

Now, here's a reality about farming. From the earliest days of this country, it's been an uncertain business, and for many decades, national policies have been designed to smooth out that risk. But, of course, the risk never entirely goes away. You can never control the rain, for example, and lately the uncertainty has been growing. Corn prices are down. The farm bill is stalled in Congress and there's a sense that good times may be fading.

From Nebraska, Grant Gerlock of NET News brings us his report.

Read more

4:50am

Tue October 15, 2013
Business

Art Buyers Didn't Know They Were Getting Banksy Cheap

Originally published on Tue October 15, 2013 8:54 am

A street vendor outside New York's Central Park sold eight prints by the mysterious British street artist who goes by the name Banksy. Some of Banksy's most recognizable works sold for just $60. Many of the pieces are estimated to be worth more than $30,000. It was part of a social experiment.

2:51am

Tue October 15, 2013
Around the Nation

One Roof, Many Generations: Redefining The Single-Family Home

Originally published on Mon October 28, 2013 10:12 am

Three generations live under this roof: (from left) 19-year-old Jamie Dusseault, grandmother Jacque Ruggles, mother Marci Dusseault and 22-year-old Chelsie Dusseault.
Peter O'Dowd KJZZ

New homes are back in a big way — literally. This summer, a typical new house in Phoenix was more than 20 percent larger than a resale home as builders across the country added more space to accommodate post-recession lifestyles.

Take Jacque Ruggles' family, for example. Four women from three generations live under one roof.

"I'm the matriarch," Ruggles says. "I'm grandma."

Read more

Pages