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Obama, Boehner Stake Out Positions On Shutdown

President Obama made his case for reopening the government and raising the debt ceiling at a White House news conference Tuesday afternoon. It was his first news conference in several weeks. House Speaker John Boehner spoke at the Capitol for about five minutes.
NPR

Health Scares In China Hurt Yum Brands' Profits

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.
NPR

U.S. Ban Unlikely To Affect Samsung's Bottom Line

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.
NPR

Treasury Officials Mull Credit Default Solutions

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.
NPR

Ikea's Chinese Stores Invite Nappers To Try Out Their Beds

So many customers have been napping on the beds in Ikea's Chinese stores that employees have begun to change the sheets daily. One store in Hong Kong invited its customers to wear their pajamas and sleep over. About 80 of them did.
NPR

Federal Prison Workers Dismayed By Government Shutdown

While the partial government shutdown continues, some federal workers are showing up for work because they are required to. Phil Glover is with the Council of Prison Locals, a federal prison employee union. Glover talks to Morning Edition's David Greene about how the government shutdown is effecting the Bureau of Prisons, correctional workers and his family.
NPR

Rep. Labrador Of Idaho Weighs In On Government Shutdown

While the rhetoric between Republicans and Democrats over ending the federal shutdown remains hot, some Republicans have talked about possible alternatives to demands that the Affordable Care Act be delayed a full year. But some Tea Party-backed Republicans are holding firm on that demand, including Idaho Rep. Raul Labrador. Renee Montagne talks to Labrador about the government shutdown debate, and how he thinks the impasse should be resolved.
NPR

Global Leaders Watch As U.S. Budget Drama Unfolds

President Obama traded barbs with Republican House Speaker John Boehner on Tuesday, but there was no sign that Congress is any closer to re-opening the federal government. At a news conference, Obama warned that the whole world is watching. It is, and so far the reviews aren't good.
NPR

Obama To Nominate Yellen To Lead Federal Reserve

The White House says President Obama will nominate Janet Yellen as the new head of the Federal Reserve Board. She has been a key player in the Fed's efforts to bring the economy back from the Great Recession. If confirmed, she would succeed Ben Bernanke.
NPR

Shutdown Messes With Government Workers' Finances

Communities across the nation are feeling the impact of the partial government shutdown. To learn more, Renee Montagne and Steve Inskeep turn to Americans from all corners of the country to hear how they're coping with a closed government.

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