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Nike Set To Release Its Priciest Shoe

The latest Lebron James-branded basketball shoe — the Lebron X Nike Plus — is expected to retail for $315, according to The Wall Street Journal. That apparently includes some motion sensing technology that can record how high players jump while wearing them.
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UCLA's MBA Program Wants To Give Up State Funds

The proposal would make the Anderson School of Management more autonomous and financially independent of the University of California system. But critics — including some faculty — worry the move means the school will stray from its public mission.
NPR

Drought Dries Up Crops, But Not Airline Schedules

The scorching Midwest drought has caused crop prices to soar. But the dry weather is benefiting airlines, whose on-time performance has improved this summer, leading to fewer customer complaints and healthier profits.
NPR

Apple Boots Microsoft Out Of Top Capitalization Spot

Apple has surpassed Microsoft as the most valuable company ever. That happened when Apple stock hit $665 per share Monday — boosting its market value to nearly $624 billion. Microsoft had held the record for market capitalization since 1999.
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Honest Tea Co-Founder Speaks On NYC Drink Ban

Bethesda-based beverage company Honest Tea is taking issue with New York City Mayor Michael Bloomberg's plan to ban sugary beverages larger than 16 oz, noting that the change in one major market can have major repercussions.

NPR

Aetna To Buy Coventry Health Care

The giant insurance company Aetna plans to get a little bigger. It's buying Coventry Health Care for more than $5.5 billion. Medicaid is expanding under President Obama's health care law, and Medicare is expanding as Americans grow older — presenting many opportunities for private insurers.

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