NPR's business news starts with Home Depot raising the roof.
Home Depot got a boost from the housing recovery in its first-quarter net income. It rose 18 percent; that exceeds expectations. The company acknowledged yesterday that while cool and wet spring weather had a negative impact on some of Home Depot's seasonal business, its core business stayed strong.
Home Depot's stock price rose by 2.5 percent with the news. Transcript provided by NPR, Copyright NPR.
Chimamanda Ngozi Adichie's fourth book, Americanah, is so smart about so many subjects that to call it a novel about being black in the 21st century doesn't even begin to convey its luxurious heft and scope. Americanah is indeed a novel about being black in the 21st century — in America, Great Britain and Africa, while answering a want ad, choosing a lover, hailing a cab, eating collard greens, watching Barack Obama on television — but you could also call it a novel of immigration and dislocation, just about every page tinged with faint loneliness.
The wait is over for many Xbox fans. Yesterday, Microsoft unveiled its next generation Xbox gaming console. It's called Xbox One. It's the first major revamp of the gaming system since 2005. In our business bottom line, NPR's Laura Sydell reports the new Xbox is designed to be an all-in-one system, an entertainment hub for movies, TV and games that should appeal as much to grandparents as it does to children.
Finding a parking space, probably not at the top of the list of things you like to do. Well, experts in parking think they might be able to change that. One key, they say, is for developers to think about the parking experience when they're designing malls or apartment complexes, instead of just treating it as an afterthought.
This came up in Florida this week, at the International Parking Institute's annual conference. Reporter Kenny Malone, from member station WLRN, was there.