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Business
3:44 am
Fri August 31, 2012

Buffett Donates More To His Children's Foundations

Originally published on Fri August 31, 2012 11:48 am

Transcript

DAVID GREENE, HOST:

And our last word in business today is Happy Birthday.

Turns out when you're a billionaire investor you can celebrate any way you want. Warren Buffett turned 82 yesterday and his wish was to give away billions, so he did, in the form of millions of dollars worth of his company stock. All told, those shares will eventually be worth about $3 billion. That gift was divided between his three children's charitable foundations.

NPR's Sonari Glinton has more.

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Business
3:44 am
Fri August 31, 2012

Business News

Originally published on Fri August 31, 2012 11:48 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with yet another patent decision.

Apple and Samsung have been busy suing each other in countries all over the world. The latest decision came this morning. A court in Tokyo ruled that Samsung did not infringe on an Apple patent. A small win for the South Korean company, after a U.S. jury awarded Apple $1 billion in damages last week. Separately, a South Korean court has already ruled both companies infringed on each other's patents. Transcript provided by NPR, Copyright National Public Radio.

Business
3:44 am
Fri August 31, 2012

Norwalk, Ct., Schools Avert Budget Crisis

Originally published on Fri August 31, 2012 11:48 am

Transcript

STEVE INSKEEP, HOST:

And now let's report on a battle playing out on Norwalk, Connecticut. Eleven thousand students went back to school in Norwalk this week after a summer clash over budget cuts - the kinds of budget cuts that are familiar to people across this country. Dozens of teachers and other staff were reinstated in Norwalk, following protests by parents over the budget cuts.

As Kaomi Goetz of member station WSHU reports, parents are still frustrated.

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Business
3:44 am
Fri August 31, 2012

For Oil Refineries, Isaac Was 'Mostly A Non Event'

Originally published on Fri August 31, 2012 11:48 am

Transcript

STEVE INSKEEP, HOST:

Apparently the oil market is alright too. Now that Isaac has passed, the major oil companies are looking to restart production in the Gulf of Mexico. With nearly all the production platforms shut down, many people expected to see a rise in oil prices. But instead we've seen in the last few days what looks like the typical movement of the market - a little down one day, a little up the next.

Isaac is proving far less disruptive than Hurricanes Katrina or Ivan. Here's NPR's Yuki Noguchi.

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Election 2012
3:44 am
Fri August 31, 2012

Mitt Romney Makes His Case For Change

Originally published on Fri August 31, 2012 11:48 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene. During his acceptance speech last night at the Republican convention, Mitt Romney told a story about his father. He said his father gave his mother a rose every day, and left it by the bed. She found out he had died on the day the rose did not appear.

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