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President Obama will be out talking to voters today, with events in the battleground states of Ohio and Nevada. But by this time in an election year, a sitting president is campaigning even when he's home. The president made a surprise appearance, yesterday, in the White House briefing room. You can imagine what most of the questions were about. Here's NPR's Scott Horsley.
NPR's business news starts with a really big apple.
It was bound to happen. Apple has surpassed Microsoft as the most valuable company ever. That happened when Apple stock hit $665 per share yesterday, boosting its market value to nearly $624 billion. Microsoft had held the record for market capitalization since 1999. Transcript provided by NPR, Copyright National Public Radio.
A moment ago we heard warnings that Todd Akin will lose financial support if he stays in the race. For a campaign, of course, money is like oxygen, and the presidential campaigns have set out their latest reports on how they're breathing. President Obama and Mitt Romney each have an advantage, depending on which bank account you're looking at. NPR's Peter Overby reports.
The airline industry is having a better than expected summer. Airline stocks have been on the rise and customer service is improving. These days, airlines are less likely to lose your luggage. They're also seeing the highest percent of on-time arrivals since the government started keeping track in the late 1980s.
NPR's Sonari Glinton reports the industry is getting some help from an unlikely source.
It's MORNING EDITION from NPR News. I'm David Greene.
STEVE INSKEEP, HOST:
And I'm Steve Inskeep. Missouri Senate candidate Todd Akin was going to face trouble, no matter what. But it's Akin's fate that he also faces a deadline today.
GREENE: If he should withdraw from the U.S. Senate race by 5 o'clock Central Time this afternoon, it will be easy for party officials to name a replacement. And he is under pressure not to miss this opportunity.