From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.
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Twitter is revealing more details about its planned initial public offering. Late this afternoon, the company announced its intention to raise a billion dollars by selling stock, and revealed detailed information about its finances for the first time. We're joined now by NPR's Steve Henn to discuss this peek behind the Twitter curtain. Hey there, Steve.
National Guardsman Andrew Sullens (left) climbs Half Dome in Yosemite National Park, Calif., with Pat Warren, lead climber from Paradox Sports. Sullens, who lost his leg below the knee while serving in Kapisa province, Afghanistan, participated in the three-day climb with other veterans to honor the anniversary of September 11th.
Credit David P. Gilkey / NPR
National Guardsman Andrew Sullens (left) climbs Half Dome in Yosemite National Park, Calif., with Pat Warren, lead climber from Paradox Sports. Sullens, who lost his leg below the knee while serving in Kapisa province, Afghanistan, participated in the three day climb with other veterans to honor the anniversary of September 11th.
Fifteen Iraq and Afghanistan vets, many of them disabled, climbed Half Dome and El Capitan in Yosemite National Park on Sept. 11. The climb is the culmination of a three-day hike, which for many of the vets has had the therapeutic effect of reproducing a combat patrol — just without the bombs or bullets.
More than 330,000 people filed new claims for unemployment insurance benefits last week. That sounds like a big number — and is a slight increase over the previous week — but it's being taken as some very good news. For a month, now, fewer new people are asking for unemployment insurance than at any time since November, 2007. That's before the Great Recession.
President Obama was back on the road talking about the economy today. Lately, he's been taking a trip or two a week all over the country with a different focus each time. Today, he was talking about housing in Phoenix, where the 2008 crash was louder and more painful than in most places. The president laid out some new proposals to help the housing industry, and he described some old ones too.
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In New York City today, a victory for the Securities and Exchange Commission: A federal jury held former Goldman Sachs trader Fabrice Tourre liable on six of the seven counts against him. The SEC had accused Tourre of intentionally misleading investors about a mortgage-backed security just as the housing sector was beginning to collapse. The investment created huge losses.
There is a reported paucity of moving staircases in the Cowboy State. And that shortcoming has been posited as a argument for Wyoming to have fewer than its allotted pair of Senators. Audie Cornish and Melissa Block turn to the self-proclaimed escalator editor of the Casper Star-Tribune, Jeremy Fugleberg.
This week, All Things Considered host Audie Cornish traveled to Birmingham, Ala., to cover the 50th anniversary of the tumultuous civil rights protests that happened there. It's all part of NPR's series commemorating the monumental summer of 1963.