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.
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.
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.
Okay. It can be a sensitive matter to mention a woman's age, but if people failed to mention it, Phyllis Diller was liable to bring it up herself. Diller died at home in Los Angeles yesterday at the age of 95, after decades of making people laugh by poking fun at herself, as she did in this stand-up performance in 2004.
(SOUNDBITE OF ARCHIVED RECORDING)
PHYLLIS DILLER: You know you're old when your walker has an airbag.
DILLER: And your birthday cake looks like a prairie fire.
In Latin America, the highest courts have increasingly been ruling in favor of gay rights, and that includes the right to marry. Now, some countries are moving to allow adoption by people who are gay. It is a hot-button issue that has drawn fierce opposition. One case that could set an important precedent involves a lesbian couple in Colombia. NPR's Juan Forero has the story.
Cuba is one of the world's last remaining communist states. Cuba's allies in China and Vietnam also maintain firm one-party rule, but have prospered by introducing market principles to their economic models. With Cuban President Raul Castro easing government controls on property rights and private enterprise, many are wondering if the struggling island is looking to Asia for a way forward.
Below a noisy flyover alongside Hong Kong's Happy Valley racecourse, there's a little-noticed green oasis stretching up the hillside, punctuated by imposing Victorian chest tombs, granite obelisks and delicate angels. This is Hong Kong cemetery, the last resting place of the early settlers who colonized the island, starting in the 1840s.
For my mother, Patricia Lim, the cemetery is a repository of the island's early untold early history.
It looks like a bright new car wash, but it's a battery swapping station for electric cars in Israel. When a vehicle pulls up, it is slowly pulled through a conveyor. The spent battery is taken out and replaced with one that is fully charged. The entire process takes less than five minutes.