NPR's business news starts with Sony plugged into profits.
Sony reports that it's making money again. The Japanese company announced its second quarter earnings today. Most of its success though comes thanks to a favorable currency rate - a weak yen was key for Sony. Still, the company did see a little improvement in its smartphone sales and entertainment business. Net income for Sony's latest quarter was $35 million. Transcript provided by NPR, Copyright NPR.
Originally published on Thu August 1, 2013 8:56 am
Of all the legacies presidents leave behind, few are as important — yet as poorly understood in the moment — as their picks for chairman of the Federal Reserve.
Paul Volcker, credited with taming double-digit inflation through backbreaking high interest rates that contributed to the recession of the early 1980s, was among President Jimmy Carter's most consequential appointments.
Advertising for feminine hygiene products was traditionally so cheesy that it invited mockery far and wide. There was something so laughable and incongruent about maxi pad commercials that featured blue liquid and girls dancing on beaches.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.
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You could almost hear a collective sigh of relief today from economists. The government reported that the economy is not growing quite as slowly as had been expected and there are some positive signs on the jobs front. A private sector jobs report released today could mean the main government employment report on Friday will also show some strength.
After a meeting of the Federal Open Market Committee, the Federal Reserve said it will continue to buy $85 billion in bonds every month and will leave the federal funds rate at the historic rate of near zero.
Because my morning routine involves the waking, feeding, dressing, brushing and sunblocking of a 6-year-old and a 4-year-old, certain personal morning grooming habits fall by the wayside. Like, all of them. This is why I think of the gym mainly as a place to wash up.
Which is a long way of saying I ran out of shaving cream the other day.