Business

5:39pm

Tue September 10, 2013
The Two-Way

Study Says America's Income Gap Widest Since Great Depression

Originally published on Tue September 10, 2013 6:02 pm

John Moore Getty Images

The gap between the 1 percent and the 99 percent is growing, according to an analysis of IRS figures by an international group of university economists, and it hasn't been so wide since 1928.

Read more

5:25pm

Tue September 10, 2013
All Tech Considered

Key To Unlocking Your Phone? Give It The Finger(print)

Originally published on Wed September 11, 2013 7:54 am

Phil Schiller, Apple's senior vice president of worldwide marketing, speaks about fingerprint security features of the new iPhone 5s Tuesday in Cupertino, Calif.
Justin Sullivan Getty Images

The first note I sent out after Apple announced it was including a fingerprint scanner in the new iPhone 5s was to Charlie Miller.

Read more

5:18pm

Tue September 10, 2013
Technology

Apple Hopes New iPhone Will Help It Compete In Developing World

Originally published on Mon September 16, 2013 3:22 pm

Transcript

ROBERT SIEGEL, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.

AUDIE CORNISH, HOST:

And I'm Audie Cornish. Apple unveiled two new phones today. One of them, the iPhone 5C, is a lower-priced phone aimed at customers in the developing world. The other, a high-end model, comes with a fingerprint scanner called Touch ID. Now, the unveiling comes as the company faces pressure on several fronts - from rival phone makers, and from Wall Street investors clamoring for breakthrough products.

Read more

2:32pm

Tue September 10, 2013
The Two-Way

Apple Unveils New iPhones — One Innovative, One Cheap

Originally published on Tue September 10, 2013 3:40 pm

Phil Schiller, Apple's senior vice president of worldwide marketing, speaks about pricing for the new iPhone during an Apple product announcement on Tuesday.
Justin Sullivan Getty Images

Apple unveiled its replacement for the iPhone 5 — one for the top end of the market that features an innovative new fingerprint security device, a faster processor and longer battery life; and a second budget phone that will retail for as low as $99.

CEO Tim Cook was joined by other Apple executives at the Cupertino, Calif., headquarters for the long-anticipated and hyped announcement of the iPhone 5s and iPhone 5c.

Read more

2:00pm

Tue September 10, 2013
The Two-Way

Used-Car Impresario Cal Worthington Dies At Age 92

Originally published on Tue September 10, 2013 5:21 pm

Cal Worthington, who was a bomber pilot during World War II, flew his own private plane later in life.
Carrie Kahn NPR

Cal Worthington, a man whose used-car ads rose to the level of a cultural phenomenon, died Sunday at age 92. He was a fixture on televisions in California for decades, with zany sales pitches that drew both customers and fame.

"I will stand upon my head to beat all deals," was Worthington's slogan, "until my ears are turning red."

Read more

12:00pm

Tue September 10, 2013
All Tech Considered

Gotta Be Honest, We're Not That Geeked About Apple's Reveal

Originally published on Tue September 10, 2013 2:48 pm

Apple is expected to unveil new iPhones on Tuesday.
Spencer Platt Getty Images

Leaks to tech industry sites give us a sense of what to expect from Apple's coming product announcement: Not one, but two new iPhone models. One will be more affordable, to reach international markets. The other, which we believe will be called the iPhone 5S, will come in gold or champagne colors.

Read more

11:58am

Tue September 10, 2013
Parallels

Is The iPhone Losing Out In The Chinese Market?

Originally published on Tue September 10, 2013 1:29 pm

A woman looks at her phone in front of the Apple store in Shanghai. Apple unveiled a cheaper version of the iPhone on Tuesday.
Aly Song Reuters /Landov

Earlier this year, Apple CEO Tim Cook was talking about the relatively poor sales of his products in China.

"In the arc of time, China is a huge opportunity for Apple and I don't get discouraged over a 90-day kind of cycle," he said while discussing his company's third-quarter results.

Read more

10:31am

Tue September 10, 2013
The Two-Way

Alcoa's Out & Nike's In As Dow Industrials Gets A Facelift

Originally published on Tue September 10, 2013 11:36 am

The Nike "swoosh" on a store in Orlando, Fla.
Getty Images

There aren't many better signs of how much the U.S. economy has changed in recent decades or how some companies are faring than this news:

Alcoa, Hewlett-Packard and Bank of America are being dropped from the Dow Jones Industrial Average in favor of Nike, Visa and Goldman Sachs.

The changes take effect when trading opens on Sept. 23.

Read more

9:51am

Tue September 10, 2013
The Two-Way

World's Largest Ferris Wheel Takes Shape In Las Vegas

Originally published on Tue September 10, 2013 5:41 pm

The 55-story High Roller, which will be the world's largest Ferris wheel, is scheduled to open in early 2014.
Isaac Brekken AP

Las Vegas is adding an eye-catching tourist attraction, in the form of a huge wheel that can take more than 1,000 people on a ride 550 feet into the sky over the city's famed Strip. The main construction of the wheel, called the High Roller, is nearly finished; it is expected to open in early 2014.

Read more

5:24am

Tue September 10, 2013
Business

Neiman Marcus Sells For $6 Billion

Originally published on Tue September 10, 2013 7:08 am

Transcript

RENEE MONTAGNE, HOST:

And we reported yesterday that Neiman Marcus was in the final stages of closing a big deal. Now the deal is done. The upscale retailer has just made its biggest sale ever - itself. The price: $6 billion. The buyers - the Canada Pension Plan Investment Board and a U.S. private equity group.

NPR's Wendy Kaufman reports.

Read more

Pages