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.
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.
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.
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.
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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.
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.