A recurring debate in the American presidential contest is who is responsible when a business succeeds. Campaigning in Virginia this weekend, Mitt Romney repeated his assertion that it's individual entrepreneurs.
MITT ROMNEY: I've been impressed by the American spirit of people who are can-do and take-charge, want to start and build things. And by the way, they do build it themselves.
During New York Fashion Week, designers will present looks that you might find in a department store next spring ... or, as knockoffs at Forever 21. That's because copying fashion designs is perfectly legal — and that's a good thing, if you ask Kal Raustiala.
Raustiala is the co-author of a new book called The Knockoff Economy: How Imitation Sparks Innovation. He talks with NPR's Renee Montagne about who copies fashion designs, why it's legal and how copying ultimately benefits the consumer and the industry.
Rose Syracuse has held one job - one job only - for her entire life. For 73 years, she worked mainly in the accounts department at the Macy's Department store on 34th Street in Manhattan. She's worked for Macy's longer than anyone else - ever. And last week, after all those decades, she retired. Rose Syracuse joins us on the line from New York. Thank you very much for taking the time to talk to us.
ROSE SYRACUSE: Oh, that's fine. And Rose Syracuse would not have retired if she hadn't broken her hip.
Amazon Kindle vice president Peter Larsen holds the Kindle Fire HD at the introduction of the new tablet in Santa Monica, Calif., on Thursday.
Credit Reed Saxon / AP
If you're one of those people who covet the latest, greatest thing (assuming you can afford it), life's been pretty tough for you lately. The announcements of new handheld electronic gadgets — and rumors of those to come (Apple fans are standing by) — have come so rapidly that it's been hard to keep up with them all.
The jobs report released Friday morning came in weaker than expected. Employers added 96,000 jobs to payrolls. The unemployment rate did fall to 8.1 percent, but that was because so many people left the workforce.
The Labor Department reported that the economy added 96,000 jobs in August, far fewer than analysts had predicted. The unemployment rate fell from 8.3 percent to 8.1 percent, an indication that more people moved out of the workforce. Host Michel Martin discusses the latest unemployment numbers with NPR Senior Business Editor Marilyn Geewax.
Meanwhile, the nation's unemployment rate edged down to 8.1 percent from 8.3 percent the month before. Often, the jobless rate dips even when employment growth is weak because the size of the labor force shrank as many Americans gave up looking for work.
It's a report that will surely add to the presidential campaign rhetoric.
A new line of tablet readers is at the top of NPR's business news.
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INSKEEP: They come from Amazon, which is rolling out its latest Kindle e-readers. They are faster, we're told, as well as cheaper. And as NPR's Steve Henn reports, they're aimed squarely at the youngest members of the family.