Originally published on Wed September 11, 2013 11:22 am
The number is stunning:
"Verizon Communications could be taking on nearly $50 billion in new debt in a massive bond sale to help the telecom giant pay for its $130 billion acquisition of Verizon Wireless shares," writes USA Today.
Today marks the 12th anniversary of the Sept. 11 attacks. Over the last several years, a group of family members have created a movement to turn the anniversary into a national day of service. This year more than 30 million people will be involved, and they claim it's the largest day of service in the country.
The Dow Jones Industrial Average is swapping out three of its blue chip companies, in what's being called the biggest shake up of the index in almost a decade. Standard & Poor's announced it's dropping Hewlett Packard, Alcoa and Bank of America at the end of next week. Sliding into their places: Visa, Nike and Goldman Sachs.
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.
The other day, I was interviewing an economist who studies the effect college majors have on peoples' income. He was telling me that women often make decisions that lead them to earn less than they otherwise might.
Women are overrepresented among majors that don't pay very well (psychology, art, comparative literature), and underrepresented in lots of lucrative majors (most fields in engineering).
Originally published on Wed September 11, 2013 8:39 am
Should you want to super-size your meal (and boost your social status in the process), plenty of American restaurant chains would be more than happy to have you dine with them. Olive Garden, for one, is currently in the middle of a "Never Ending Pasta Bowl" promotion. According to the chain's Twitter feed, it has served more than 5.3 million bowls of "unlimited" pasta with soup and salad for $9.99 since Aug. 5.
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.
Originally published on Tue September 10, 2013 2:40 pm
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.
Originally published on Tue September 10, 2013 4:21 pm
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."