Good morning, I'm Steve Inskeep with shutdown beverage news. New breweries cannot open. The partial government shutdown prevents the Treasury Department from approving them. You can still get coffee at Starbucks. CEO Howard Shultz, who spoke up for gun rights - then had to ask people to stop bringing guns to his stores - waded into politics again. He's urging people to talk to one another, offering free coffee if you buy someone a coffee - subsidized Starbucks conversation.
Originally published on Wed October 9, 2013 11:34 am
Martin Karplus, Michael Levitt and Arieh Warshel have won the Nobel Prize in chemistry for their development of powerful computer models used to simulate how chemical reactions work, the Royal Swedish Academy of Sciences announced Wednesday.
The technology they pioneered is now used to develop drugs and to perform other vital tasks in the laboratory.
Originally published on Wed October 9, 2013 7:18 am
Good morning, fellow political junkies. It's Day 9 of the partial federal government shutdown. Global financial markets at this point still appear to expect sanity to eventually prevail in the Washington fiscal standoff. We'll have to see if they're right.
The day's big news is expected to be President Obama's choice to head the Federal Reserve of the candidate thought to be his second choice since his first proved politically problematic.
Here are some of the more interesting politically related items that caught my eye this morning.
"There are no coincidences," Dawn Seliger says repeatedly throughout Nick Mamatas' new novel, Love Is the Law. She's not just philosophizing. She's chanting. In the book, Dawn is a teenage punk and aspiring magician who haunts late-'80s Long Island, stewing in her own adolescent alienation, rebellion and precocity. That is, until Bernstein, her middle-aged mentor and lover (although she denies that he's either) winds up dead from a bullet in the skull.
Steve Inskeep talks to syndicated conservative columnist George F. Will about the current partial government shutdown, and whether the strategies pursued by both sides are any different from previous such crises.
The owner of KFC and Pizza Hut has reported a near 70 percent drop in profits this quarter. Yum Brands relies on operations in China for three quarters of its revenue. Recent food safety issues and a bird flu outbreak there hit the company especially hard.
The Obama administration has upheld a ban on the import and sale of some Samsung smartphones and tablets. The move represents a victory for Apple, which is embroiled in a longstanding patent dispute with Samsung. But the import ban is unlikely to affect Samsung's profits since the devices at the heart of the case are no longer big sellers.
The Treasury Department says it will begin running out of money to pay its bills by Oct. 17, if the partial government shutdown isn't over by then. That prospect worries the financial markets. Treasury debt plays a fundamental role in the global economy, and economists agree that a debt default would have dire consequences. But some Republicans insist that a default doesn't have to happen.