Originally published on Thu November 7, 2013 8:04 am
Eight months after the company he founded had a big public relations problem because too much of some women's backsides could be seen through its yoga pants, Lululemon founder Chip Wilson has put the story back in the news.
"Quite frankly, some women's bodies just actually don't work" in Lululemon's pants, Wilson said this week on Bloomberg Television's Street Smart.
"It's about the rubbing through the thighs," he added, and "how much pressure is there."
The New York Stock Exchange is at the center of attention Thursday morning as Twitter goes public at $26 per share. That means company is expected to raise almost $2 billion. For the latest on this highly anticipated IPO, NPR's Zoe Chace talks with host David Greene.
Originally published on Thu November 7, 2013 10:13 am
Just a year after he won re-election, President Obama's second term is already feeling long and fairly fruitless.
It could get worse.
It's typical for second-term presidents to enter the doldrums, but in Obama's case the feeling that he can't accomplish very much set in early. The hopes he stated last year that his re-election would "break the fever" of unyielding Republican opposition to everything he proposed turned out to be misguided.
"The president is clearly at his weakest point in his presidency so far," says GOP consultant Whit Ayres.
EU High Representative for Foreign Affairs Catherine Ashton speaks with Iranian Foreign Minister Javad Zarif before the start of two days of closed-door nuclear talks at the U.N. offices in Geneva, Switzerland, on Thursday.
There's guarded optimism as the second round of talks between Iran and international powers over the Islamic republic's nuclear program got under way in Geneva.
Iranian Foreign Minister Javad Zarif met for an hour with Catherine Ashton, the EU's foreign policy chief, ahead of Thursday's talks. A tweet from Ashton's spokesman Michael Mann described the meeting as "good."
Originally published on Thu November 7, 2013 3:43 pm
6 p.m. ET: Twitter Shares Close At $44.90
At the end of its first day of public trading, shares of Twitter were valued at $44.90, reflecting a market value of more than $31 billion. The company sold 70 million shares of stock, raising $1.82 billion in the process.
Earlier Thursday, the company's shares soared from their initial public offering price of $26.
2:35 p.m. ET:
As you can see if you click on the player below, Twitter's stock has been trading around $47 a share in recent minutes.
Negotiators from Iran and six world powers resume talks Thursday in Geneva on Iran's nuclear program. Iran's Supreme Leader says he's not optimistic, and U.S. officials say "no deal is better than a bad deal." Still, Iran's desire to get out from under crippling economic sanctions may drive progress forward despite the long odds.
Algeria-born Albert Camus poses for a portrait in Paris following the announcement that he is being awarded the Nobel Prize for literature in 1957. Camus' views on his birthplace still stoke controversy.
Credit AFP/Getty Images
This photo from 1920 shows 7-year-old Albert Camus (center, wearing black suit) in the workshop of his Uncle Etienne in Algiers.
President Obama's poll numbers have hit just about the lowest point of his presidency.
They started sinking after the Obamacare website's miserable debut last month. Now, only around 40 percent of Americans think Obama is doing a good job. More than half disapprove of his performance. (A year ago, the numbers were the opposite.)
It seems obvious to say that a high approval rating helps a president, while a low approval rating hurts him. But here are five reasons Obama's numbers might not be as troublesomeas they sound.
We tweet. We text. We email. But how often do we really write anymore? Not much, if you look at the business of selling pens — or "fine writing instruments," as shop owners call them. With their writing tools becoming obsolete, pen stores have folded, including a century-old shop in New York.
But despite the tech-heavy trends, a few old-fashioned pen stores are still holding on.
The new health care law will provide around $1 trillion in subsidies to low- and middle-income Americans over the next decade to help them pay for health insurance.
Johanna Humbert of Galien, Mich., was pleasantly surprised to discover that she qualifies for an insurance subsidy, since her current plan is being canceled. Humbert makes about $30,000 a year, so she'll get a subsidy of about $300 a month. The new plan is similar to her current one, but it will cost $250 — about half of what she pays now.
But where will the money come from to pay for subsidies like these?
This story is part of a project on commuting in America.
Cities across the country are investing in old-fashioned streetcars to solve what's known as the "last mile" problem. The hope is that trolleys will make it easier for people to get to their final destination.
Atlanta is one of the latest, laying steel rails for a 2.6 mile line. The tracks will run downtown from Peachtree Street to the Martin Luther King Jr. historic district on the east side of the city. Some see this as a big step forward.