Miss America's walk might look effortless, but her road to success probably cost more than you think.
Ten-thousand women will compete in a Miss USA-sponsored pageant this year. That organization is just one of more than 15 small circuits, each with its own local, state and national competitions. It's a big industry. From the organizers, designers and coaches, lots of people make money — except the contestants.
Twenty-four women are in the running to become the latest Miss District of Columbia USA.
Now for the next installment in what's becoming a long-running tale about one of America's highest profile tech companies. Hewlett-Packard was back in the headlines last week when its CEO claimed that Autonomy, a company it acquired last year for more than $11 billion in cash, had lied about its revenues to increase its sale price. Joe Nocera of The New York Times has been watching all of this unfold. He joins us from Sag Harbor, New York. Joe, thanks very much for being with us.
I grew up in a car family. Not car enthusiasts; car makers. My grandfather worked for General Motors in Detroit on the assembly line beginning in the 1940s. My mother was a middle manager at Ford's Chicago assembly plant in the '70s. I worked at the same plant during summers in the '90s. Today, one of my cousins works for Chrysler and another works for an auto supplier.
While thousands of people on the East Coast waited weeks for big utility companies to turn the lights back on after Superstorm Sandy slammed ashore, the residents of Madison, N.J., had power just days after the storm. This leafy New York City suburb operates its own municipal utility — and now some neighboring towns are asking whether they should, too.
"We were able to power up sections of town within two days," said Madison Councilman Robert Landrigan. "And then, by the weekend [after the storm], most of the town was back."
The Carousela cafe in West Jerusalem is one of a handful of restaurants and cafes in Israel staging a bit of a rebellion by defying Jewish religious authorities who claim they are the only ones who can certify restaurants as kosher, or in compliance with Jewish dietary laws.
Most of the news we hear about Mexico these days is about drug-related violence. But it turns out there's another, brighter story there: The country's economy has been growing at a solid pace for the past couple years, driven in large part by solid exports.
Among other things, Mexico is the world's largest exporter of flat-screen TVs. There are a lot of factories just south of the U.S. border, filled with workers putting together televisions. The individual parts come from Asia, but the final assembly is done in Mexico.
"No substantive progress has been made." That's what House Speaker John Boehner had to say Thursday about efforts to avoid automatic spending cuts and tax increases at year's end.
The administration's lead negotiator, Treasury Secretary Tim Geithner, met with congressional leaders from both sides of the aisle Thursday, looking for an agreement on the hazard Congress and the White House created last year to focus their minds on deficit reduction.