Business

6:03pm

Sun May 26, 2013
All Tech Considered

Apple-1 Computer Fetches $671,000 At Auction

Originally published on Sun May 26, 2013 7:18 pm

With the exception of one cassette connector, this is the Apple-1 as it was delivered to Fred Hatfield. The user was responsible for finding a monitor and keyboard for the early computer that recently sold at auction for $671,000.
Courtesy of Fred Hatfield

Electrical engineer Fred Hatfield bought an Apple-1 computer in 1976, one of Apple's first computers. At an auction in Germany this weekend, it sold for $671,400.

Hatfield's relationship with that computer was an interesting one, and involves one bold interaction with Steve Jobs himself.

Hatfield, now in his 80s and living in New Orleans, says he was always into technology. "I've always been interested in digital machinery. As a kid I used to go to different junk stores and so on, to buy a pinball machine, to rewire it and make it do things like tic-tac-toe."

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5:51pm

Fri May 24, 2013
The Two-Way

Hedge Fund Manager Apologizes For Comments On Female Traders

Paul Tudor Jones (left) at an National Audubon Society function in January.
Diane Bondareff Invision for the National Audubon Society

Billionaire Paul Tudor Jones is back-peddling from remarks he made at a symposium last month that motherhood causes women to lose the necessary focus to be successful traders.

"As soon as that baby's lips touched that girl's bosom, forget it," Jones told an audience at the University of Virginia on April 26.

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5:07pm

Fri May 24, 2013
Business

LA Bluejeans Makers Fear Their Business Will Fade Away

Originally published on Fri May 24, 2013 6:16 pm

Samuel Ku, who runs AG Jeans alongside his father, says a European tariff puts thousands of U.S. clothing jobs at risk.
Amanda Marsalis

Los Angeles is the world leader in the most American of clothing items: bluejeans. High-end, hand-stitched, designer bluejeans that will you run well over $100 a pair.

But as the U.S. apparel industry continues to shrink, LA's bluejeans business faces a threat: a nearly 40 percent tariff, imposed by the European Union, that could cripple the city's jean business.

When people talk about Ilse Metchek they use phrases like "she's a piece of work," "a force of nature," "she's something else." If you want to talk fashion, she's your lady.

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4:02pm

Fri May 24, 2013
Around the Nation

Battered Jersey Shore Pins Recovery Hopes On Summer Season

Originally published on Fri June 7, 2013 12:37 pm

Construction workers work to rebuild the boardwalk in Seaside Heights in anticipation of Memorial Day weekend.
Mel Evans AP

Memorial Day weekend marks the start of the summer travel season, and it's particularly important for the resort communities along the Jersey Shore still suffering the effects of Hurricane Sandy.

In the popular tourist spot Point Pleasant Beach, N.J., it has taken seven months and more than $1 million to make repairs along Jenkinson's Boardwalk.

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2:52pm

Fri May 24, 2013
The Two-Way

Google Reportedly Faces FTC Antitrust Probe Over Display Ads

The Federal Trade Commission is in the early stages of opening an antitrust probe into how Google runs its online display advertising business, according to a report by Bloomberg News, citing sources who want to remain anonymous because the FTC has not announced the probe.

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2:12pm

Fri May 24, 2013
The Two-Way

News Corp. Board Approves Company Split

The head of News Corp., Rupert Murdoch, arrives at the Vanity Fair Oscar Party in February.
Pascal Le Segretain Getty Images

Media empire News Corp., parent of Fox and The Wall Street Journal, will be cleaved into two businesses starting June 28: a publishing arm and one for entertainment.

The plan was first announced a year ago. As we reported at the time:

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10:57am

Fri May 24, 2013
Shots - Health News

Health Insurance At 'Good Prices' Coming To Calif. Exchange

Originally published on Tue May 28, 2013 8:08 am

Peter Lee, executive director of Covered California, unveiled the plans and prices that will be offered by private insurers at a media briefing in Sacramento on Thursday.
Rich Pedroncelli AP

California just unveiled a wide array of choices for the 5.3 million people expected to qualify to buy coverage through its online marketplace established by the federal health overhaul.

It's the first disclosure of prices in the nation's most populous state for individual health insurance that complies with the Affordable Care Act, and the menu of affordable options surprised some consumer advocates and analysts who had been expecting premiums to be much higher.

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10:23am

Fri May 24, 2013
The Two-Way

James Joyce Coin-troversy Reportedly Could Have Been Averted

A commemorative 10-euro coin featuring James Joyce bears an image of the author that his literary estate did not approve. It also misquotes his work.
Irish Central Bank

Irish banking officials should have known there were problems with the controversial 10-euro coin commemorating James Joyce, according to Ireland's RTE News. The coin misquotes the author's Ulysses, and bears an image of Joyce that his estate did not approve.

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5:31am

Fri May 24, 2013
Business

The Last Word In Business

Originally published on Fri May 24, 2013 9:48 am

Transcript

DAVID GREENE, HOST:

And our last word in business today, quite a tongue lashing for McDonald's. The company held its annual shareholders meeting in yesterday, and when the floor opened for questions, a nine-year-old girl approached the microphone.

RENEE MONTAGNE, HOST:

Hannah Robertson spoke loud and clear, saying quote, "there are things in life that aren't fair, like when your pet dies." And she continued, "I don't think it's fair when big companies try to trick kids into eating food."

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5:31am

Fri May 24, 2013
Digital Life

Viewers To Decide If Amazon's Sample Shows Make The Cut

Originally published on Fri May 24, 2013 8:01 am

Transcript

DAVID GREENE, HOST:

The popular series "Arrested Development" returns this Sunday with 15 new episodes, released all at once. They're coming from Netflix, which earlier this year, released "House of Cards." Online video companies are producing more of their own shows - not just Netflix, Hulu and Yahoo are getting into the act, as well.

Now, Amazon also wants to join, but they're doing things differently, letting viewers help choose the new lineup. Here's what TV critic Eric Deggans thinks of that approach.

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