Best Buy is trying to wriggle out of the big box. The electronics retailer has a lot of real estate in its giant blue stores, but it isn't profitable space: In its most recent quarter, the company reported a $1.7 billion loss. So it's shedding stores and workers — and rethinking its big-box concept.
In Houston Thursday, former President George H.W. Bush endorsed Mitt Romney's run for the Republican presidential nomination. Bush's endorsement is one more signal from the Republican establishment for the party to close ranks behind Romney.
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A documentary that has been stirring up headlines for weeks finally opens today. "Bully," from producer Harvey Weinstein, has made news for its controversial R rating from the Motion Picture Association of America. Weinstein argues the R rating prevents the movie's intended audience - children - from seeing it, and so he decided to release "Bully" unrated.
Apple has been under scrutiny for working conditions in factories in China, factories that make its iPhones and iPads. And it responded by enlisting a workers' rights group. Now, the Fair Labor Association has released its audit of Apple's largest supplier, Foxconn. It found more than 50 violations of both its code of conduct and Chinese labor laws, at three Foxconn factories. NPR's Steve Henn reports.
Ask almost anyone about negative political ads, you'll likely get a negative response. They're widely disliked, yet campaigns keep airing them over and over and over again. That's especially true right now in the state of Wisconsin, ahead of next week's Republican primary.
NPR's David Schaper reports that as hated as these ads are, they are seen as effective.
DAVID SCHAPER, BYLINE: Flip on the TV anywhere in Wisconsin this week and it won't be long until you hear this...
After a reporter asked President Obama about the shooting of 17-year-old Trayvon Martin in Sanford, Fla., GOP opponents said the president was being divisive by bringing up racial issues. David Greene talks to Lester Spence, an assistant professor of Political Science at Johns Hopkins University, about race and politics.
The Motion Picture Association of America was going to give Bully an R rating for language, but the movie's producer decided to send it out with no rating. The nation's second-largest cinema chain AMC will show it, but Cinemark, the third-largest chain will not.
NPR's business news starts with BlackBerry backpedaling.
Research in Motion, the maker of the BlackBerry smartphone, says it's turning its focus back to corporate customers. This follows its failure to break into consumer markets dominated by iPhones and androids. Last quarter, the company lost $125 million. Analysts say BlackBerry's main problem is its trouble running third-party applications. Transcript provided by NPR, Copyright NPR.
Titanic is back. The 1997 blockbuster featuring star-crossed lovers Jack and Rose is being released in 3-D. Starring Kate Winslet and Leonardo DiCaprio, Titanic was the highest-grossing movie in history — until Avatar.
Both films were directed by James Cameron, who has just returned from a landmark expedition to the deepest point in the ocean: a spot in the far western Pacific called the Challenger Deep.