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.
A moment ago we heard warnings that Todd Akin will lose financial support if he stays in the race. For a campaign, of course, money is like oxygen, and the presidential campaigns have set out their latest reports on how they're breathing. President Obama and Mitt Romney each have an advantage, depending on which bank account you're looking at. NPR's Peter Overby reports.
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.
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.
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.
People, one holding an image of Cuba's President Raul Castro and his brother Fidel Castro, wait in line at a bus stop in Havana last month.
Credit Hoang Dinh Nam / AFP/Getty Images
Cuba's President Raul Castro and Vietnamese Communist Party Secretary General Nguyen Phu Trong review an honor guard during an official welcoming ceremony at the presidential palace in Hanoi in July. The Cuban leader flew in from China for the second leg of his Asian tour to Cuba's two Asian communist allies.
Credit Adalberto Roque / AFP/Getty Images
Cubans pass by a billboard celebrating the 86th birthday of former Cuban President Fidel Castro, on Aug. 13 in Havana. Castro celebrated his birthday quietly and out of the public eye, while political allies and Cuban citizens paid tribute from afar.
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.