Originally published on Tue September 24, 2013 3:46 pm
There will be more passenger flights in the Asia-Pacific than anywhere else in the world in the next 20 years, with the region accounting for a third of all new commercial aircraft orders, according to Airbus's latest Global Market Forecast.
Originally published on Tue September 24, 2013 2:18 pm
Miami-based Carnival Corp., the world's largest cruise operator, reported a third quarter profit nearly a third lower than a year ago following a series of embarrassing and deadly mishaps involving its ships.
Carnival turned a $934 million profit for the period June through August, down 30 percent from the same quarter in 2012.
All right. Let's talk more about that debate in Congress, which must pass a bill by Sept. 30 to keep the government running or see a partial shutdown. Republicans in the House passed a bill to fund the government but defund Obamacare; and now that bill is in the Senate, where Richard Durbin of Illinois is the Senate majority whip, the No. 2 Democrat in charge of counting votes. Senator, welcome back to the program.
OK, it's getting a bit colder in many areas of the country. We've got those brisk mornings and chilly evenings. Great weather. Football weather for many of us. For many state tourism offices, of course, it means gearing up for a lucrative time of year known as foliage season. Travelers can use websites and apps to learn where and when fall colors are supposed to be the most brilliant. And predicting that in Vermont is serious business.
The ailing Smartphone maker Blackberry announced that it has tentatively agreed to be sold to a group of investors for $4.7 billion. This is the latest troubling sign for a company that has been hemorrhaging money and has massive layoffs planned. Blackberry was once synonymous with Smartphones. Many of the people once addicted to these devices, though, have moved on to glitzier products.
We've got Bloomberg technology columnist Rich Jaroslovsky on the line with us. Rich, good morning.
And President Obama is also paying close attention to what's unfolding on Capitol Hill this week. Senate Majority Leader Harry Reid tried to move forward yesterday on a bill to keep the government running past October 1st.
(SOUNDBITE OF SENATE SESSION)
SEN. HARRY REID: I ask unanimous consent the Senate proceed to Executive Session to consider nominee number...
That's nice. Today's last word in business is: Hippie Bus. It was the ride of choice during the Summer of Love. The Volkswagen van. We are told Steve Jobs sold his in the '70s in order to buy a circuit board. Well, that iconic van is soon to be made no more.
NPR's Lourdes Garcia-Navarro reports.
LOURDES GARCIA-NAVARRO, BYLINE: Many owners gave their names because they were idiosyncratic, colorful cheap and had a tendency to break down. Full disclosure, ours was called Gertie.
GREENE: The automaker Chrysler filed for an initial public offering late yesterday. After 41 consecutive months of auto sales growth, now might seem like the perfect time for the Detroit carmaker to sell shares to the public.
But as NPR's Sonari Glinton reports, this sale could be as much about brinksmanship as an IPO.