Dow Jones

The Brian Lehrer Show

Record Dow; Jody Williams; Energy Futures; Political Hip Hop

Wednesday, March 06, 2013

The Dow Jones Industrial Average hit a record high. Daniel Gross, the global business editor of Newsweek and the Daily Beast, explain what it signals about the economy. Plus: Bronx Borough President Ruben Diaz Jr. discusses his proposal for a registry for criminals who use guns; Nobel Peace Prize winner Jody Williams; and three hip hop artists from the Middle East and North Africa.

The Takeaway

Apple Passes Microsoft: A Geek is Vindicated

Wednesday, May 26, 2010

If you had told me, 13 years ago, that Apple would one day be deemed more valuable than Microsoft, I would have laughed and laughed and laughed. I wanted it to happen, mind you, but knew it would only come about in some science fiction world where the better product was actually rewarded by consumers and the markets worked as perfect dowsing rods for business acumen. I would have chuckled ruefully, and gone home through a Microsoft-dominated world to talk to my aging Mac Powerbook 520.

Today, at 4 p.m., the unthinkable happened: Apple Inc. finished the day worth more (in the eyes of those buying its stock) than its once-chief rival, Microsoft Corporation. As the markets closed, Apple's stock price put the company at $222 billion, just over Microsoft's $219 billion.

This ex-geek says: Booyah.

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The Takeaway

US, World Markets Jittery

Wednesday, May 26, 2010

Stock markets around the world seemed jittery yesterday: The Dow Jones industrials dropped briefly below 10,000 before making up most of their loss. Since a recent high in April, the Dow has dropped nearly 12 percent. What does this number indicate about our economy? Is the market the end-all-be-all measurement of how our economy is doing?