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.
President Obama is expected to sign another stopgap funding bill that avoids a weekend shutdown of thousands of transportation construction projects. The measure gives a 90-day funding extension for road, bridge and rail construction projects.
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.
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.
The Obama administration has announced a new policy to handle the risks posed by legitimate biological research that could, in the wrong hands, threaten the public.
The move comes in response to a huge debate over recent experiments on bird flu virus that got funding from the National Institutes of Health. Critics say the work created mutant viruses that could potentially be dangerous for people, or give terrorists a road map for making a bioweapon.
The killings in France of three Jewish children, a rabbi and three soldiers of North African descent came during a presidential campaign in which immigration has dominated campaign rhetoric. The Toulouse gunman, a Frenchman of Algerian descent, was shot dead by police, but the tragedy has prompted national soul-searching.