NPR's business news starts with a really big apple.
It was bound to happen. Apple has surpassed Microsoft as the most valuable company ever. That happened when Apple stock hit $665 per share yesterday, boosting its market value to nearly $624 billion. Microsoft had held the record for market capitalization since 1999. Transcript provided by NPR, Copyright National Public Radio.
The airline industry is having a better than expected summer. Airline stocks have been on the rise and customer service is improving. These days, airlines are less likely to lose your luggage. They're also seeing the highest percent of on-time arrivals since the government started keeping track in the late 1980s.
NPR's Sonari Glinton reports the industry is getting some help from an unlikely source.
The business school at UCLA wants to go into business for itself. The Anderson School of Management is part of a public university. Of course, it's in California and the school's leaders find that being part of public education in California right now is a little maddening. Budget battles and state budget cuts have become normal.
Will Stone reports on what the school wants to do instead.
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And I'm Steve Inskeep. Missouri Senate candidate Todd Akin was going to face trouble, no matter what. But it's Akin's fate that he also faces a deadline today.
GREENE: If he should withdraw from the U.S. Senate race by 5 o'clock Central Time this afternoon, it will be easy for party officials to name a replacement. And he is under pressure not to miss this opportunity.