Business

1:16pm

Mon September 23, 2013
The Two-Way

Apple Sells 9 Million New iPhones In Opening Weekend

Originally published on Mon September 23, 2013 3:29 pm

Apple says it has sold 9 million iPhone 5s and 5c models since their launch on Friday. Here, staff members at an Apple retail store in Beijing cheer a customer after he bought a new iPhone.
Andy Wong AP

Sales of its new iPhone 5s and 5c models have surpassed other iPhone releases and exceeded initial supply, Apple says. The company says it has sold 9 million of the phones since their launch on Friday and that "many online orders" will ship in coming weeks.

"This is our best iPhone launch yet — more than nine million new iPhones sold — a new record for first weekend sales," Apple CEO Tim Cook said in a Monday press release. He added that "while we've sold out of our initial supply of iPhone 5s, stores continue to receive new iPhone shipments regularly."

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11:05am

Mon September 23, 2013
The Two-Way

$3.9 Billion U.S. Defense Contract Includes Missiles For UAE

Originally published on Mon September 23, 2013 3:11 pm

A photo provided by Lockheed Martin shows a test of its THAAD missile interceptor system. The Pentagon has awarded a contract worth more than $3.9 billion for the system.
Lockheed Martin

The U.S. Defense Department has awarded a rich military contract to Lockheed Martin, agreeing to pay more than $3.9 billion for a missile-defense system. The deal calls for a maximum of 110 high-altitude interceptor missiles for the United States, and 192 versions of the missiles for export to the United Arab Emirates.

Update at 2:30 p.m. ET: Number Of Missiles Adjusted

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9:00am

Mon September 23, 2013
The Two-Way

No Way, Man! Last VW Bus To Soon Roll Off Assembly Line

Enio Guarnieri of Sao Paulo, Brazil, in his 1972 Volkswagen. Soon, the last of the vans will be made in a nearby factory.
Andre Penner AP

We just tripped over some news that's got us a bit bummed out:

The last Volkswagen "hippie bus" is due to roll off an an assembly line in Brazil on Dec. 31.

It seems the van that became known as the transportation of choice for counter-culture folks in the '60s can't be made with the air bags and other safety equipment that "the man" wants it to have.

So Volkswagen is ending production in the last place where the van's still made; a factory near Sao Paulo.

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5:54am

Mon September 23, 2013
Movies

Disney Experiments With 2-Screen Experience Involves iPads

Originally published on Tue September 24, 2013 5:35 pm

Transcript

DAVID GREENE, HOST:

I don't know about you, but I'm a little troubled when I hear about people who watch multiple screens. You know what I'm talking about. Maybe you're watching a movie at home while live tweeting, or while keeping track at a ballgame. At least movie theaters are a sacred space, immune to these changes.

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4:51am

Mon September 23, 2013
Economy

A Check On The Global Economy With IMF Head Lagarde

Originally published on Mon September 23, 2013 10:35 am

Transcript

STEVE INSKEEP, HOST:

The International Monetary Fund has played a pivotal role in responding to the global financial crisis. The IMF has almost 200 member countries, and the organization helps to keep their economies growing, or at least stable. Christine LaGarde heads the IMF.

DAVID GREENE, HOST:

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4:51am

Mon September 23, 2013
Business

Moms Sell Healthy Lunches For Kids At School

Originally published on Mon September 23, 2013 10:35 am

Stephanie Rubin and Ingrid Calvo are two New York-based moms who think American school lunches leave a lot to be desired. So they started a delivery business in Manhattan called Inboxyourmeal com. For $10, they'll deliver healthy, chef-prepared meals to students in their delivery area.

4:51am

Mon September 23, 2013
Business

Wonder Bread To Reappear On Grocers' Shelves

Originally published on Mon September 23, 2013 10:35 am

After a 10 month hiatus, Wonder Bread is back and it could be on store shelves in some areas on Monday. Production of the bread stopped when Hostess went out of business.

4:51am

Mon September 23, 2013
Business

'House Of Cards' Wins Emmy's Director Award

Originally published on Mon September 23, 2013 10:35 am

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

NPR's business news includes a first for Internet TV.

The video streaming service Netflix claimed a victory at the Emmy Awards last night. David Fincher took the Best Director prize for his work on the political drama "House of Cards;" the first time an online video distributor won in a major category.

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3:35am

Mon September 23, 2013
The Salt

Got Baguettes? Bakers' Lobby Tells France To Eat More Bread

Originally published on Mon September 23, 2013 11:32 am

Baguettes head into a giant oven at Le Grenier a Pain Bakery.
Eleanor Beardsley NPR

The French, it seems, aren't eating bread the way they used to. The average French person consumes just half a baguette a day, down from a full baguette 40 years ago.

Those statistics worry the French bakers' lobby, the Observatoire du Pain.

Bernard Vallius, who heads the group, says it used to be that people ate a sit-down lunch and dinner with family or friends every day. Now people — especially the young and those who live in cities — eat sandwiches or skip lunch altogether and snack, he says.

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5:03pm

Sat September 21, 2013
Economy

Stuck In Poverty Amid Signs Of Recovery

Originally published on Sat September 21, 2013 5:45 pm

Food distributed by the Manna Food Center is packed in cardboard boxes to be loaded into clients' cars.
Chloe Coleman NPR

For the third year in a row, the poverty rate has remained stuck at about 15 percent. Nearly one in six Americans was living in poverty in 2012, according to a new report by the Census Bureau. Despite a slow-moving economic recovery, these latest numbers show that for poor Americans, there are few signs of any recovery.

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