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Estate On Palm Beach's Billionaire Row Sells For A Bargain

Florida's housing market is picking up in places, but a home in Palm Beach just sold for more than 40 percent less than the asking price. The 20,000 square foot home was originally on the market for $74 million. According to The Wall Street Journal, it sold on Friday for a mere $42 million.
NPR

Lululemon To Replace CEO

On Monday, the company announced that CEO Christine Day will step down once a replacement is found. This comes after an embarrassing year for the company which makes fashionable yoga-wear. A recent recall of see-through plants could cost the company $40 million.
NPR

Post Recession, Architects Return To The Drawing Board

While some jobs are coming back in this economy, the market for many architects remains tough. There were nearly 220,000 people working in the field in 2008. Today, more than 25 percent of those jobs are gone.
NPR

National Envelope Hopes To Lick Bankruptcy Filing

National Envelope, the largest privately-held manufacturer of envelopes in the U.S., has filed for bankruptcy protection. It's a sign of the paperless, digital times. It previously filed for Chapter 11 protection in 2010.
NPR

Competitors Try To Chip Away At Pandora's Audience

On Monday, Apple announced iRadio — its entry into the crowded field of music streaming services. iTunes has become the top music retailer by selling song files. But no one in the music business thinks the iTunes model is the future. Pandora is the oldest and most successful streaming service so far. But it's been a disappointment to investors.
NPR

Iowa Rebrands Medicaid Coverage

Iowa's Republican Governor Terry Branstad is pushing to make Iowa the healthiest state. Under the Affordable Care Act, states are deciding whether to expand Medicaid and that's created an opportunity for compromise in Iowa. Iowa Public Radio's Clay Masters reports.

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