Economy & Business

The Salt
11:08 am
Tue October 15, 2013

Brooks Brothers Steakhouse: How's That For Tasteful Shopping?

The Brooks Brothers store on Madison Avenue in New York is planning to open a 15,000-square-foot restaurant next door.
Stan Honda AFP/Getty Images

Originally published on Tue October 15, 2013 12:41 pm

Here's a way to stop hungry shoppers from leaving the store for dinner.

Brooks Brothers, the 195-year-old luxury apparel company, is looking to open a restaurant next summer next to its flagship store in Manhattan, a company spokesman tells NPR. The New York Post reports that the restaurant will be a steakhouse — a fitting culinary accompaniment for the purveyor of fine business suits for the moneyed set, we think.

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Economy
10:55 am
Tue October 15, 2013

Is The U.S. In A Debt Crisis?

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. You might've been hearing the name Malala Yousafzai. She is the Pakistani teenager who was shot at point-blank range by Taliban extremists a year ago because she dared to speak up about her desire to go to school. She has made a remarkable recovery. She is in the U.S. now. I spoke with her a few days ago and we'll bring you a portion of that conversation a little later in the program.

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The Two-Way
10:07 am
Tue October 15, 2013

Apple Hires Burberry CEO Ahrendts To Head Retail Division

Angela Ahrendts is leaving her post as CEO of Burberry to head the online and retail division at Apple. She will become the first woman in the tech company's senior executive ranks.
Mark Lennihan AP

Originally published on Tue October 15, 2013 2:45 pm

After going a year without a permanent executive in charge of its retail division, Apple said Tuesday morning that it is hiring Burberry CEO Angela Ahrendts as a senior vice president. She will be the first woman on Apple's team of senior executives.

A veteran of the fashion industry, Ahrendts, 53, is a native of New Palestine, Ind., who has headed Britain's Burberry since 2006. On Tuesday, the company reported total revenue of more than $1.64 billion in the six-month period that ended Sept. 30. Her tenure included a successful revamping of the company's online store.

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World
3:50 am
Tue October 15, 2013

For European Gangs, A Gem Of A Growth Industry: Jewel Heists

Police display some of the jewelry recovered from the 2008 robbery of Harry Winston jewelers in Paris. Thieves snatched loot estimated to be worth $105 million.
Francois Guillot AFP/Getty Images

Originally published on Tue October 15, 2013 3:53 pm

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Business
3:50 am
Tue October 15, 2013

Burberry CEO To Leave For Job At Apple

Originally published on Tue October 15, 2013 5:58 am

Angela Ahrendts will oversee the expansion of Apple retail and online stores. It's a newly created position for Ahrendts, who will report directly to Apple CEO Tim Cook. Since taking over Burberry in 2006, Ahrendts has nearly tripled revenue for the company — known for its distinctive tartan patterns.

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