Originally published on Fri September 21, 2012 6:08 am
American consumers will likely go to great lengths to get the iPhone 5, which goes on sale Friday. People are lining up in front of Apple stores. Time is money which explains why some people are paying others to stand in line for them. On man in San Francisco is getting $55 to stand in line for four hours.
The real estate website Trulia is successfully riding the housing recovery, and has just gone public. After one day of trading, the San Francisco-based company is valued at well over half-a-billion dollars.
From our member station KQED, Aarti Shahani reports this is seen as a boost for the tech sector after Facebook's shaky plunge into the stock market.
On Capitol Hill, some members of Congress are asking whether new rules are needed to reign in high-speed stock market trading. Democratic Senator Jack Reed told a conference of traders that there is enough evidence to warrant a closer look.
The new police drama End of Watch puts two beat cops in the middle of escalating danger when a violent drug cartel begins operating in a South L.A. neighborhood.
The cops are patrol partners played by actors Michael Peña and Jake Gyllenhaal. The characters' cop-car friendship is one that extends beyond their jobs. The nature of their work makes them more like brothers, something director David Ayer pushed to bring alive on the screen.
Republican presidential nominee Mitt Romney has been busy after a tape emerged of him telling wealthy donors that nearly half of Americans see themselves as victims dependent on the federal government. Now he's trying to make those remarks part of a broader argument: What is the proper role of government and who should pay for it?