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Part 3 of a series on Silicon Valley's history

In Silicon Valley, the spotlight is often on young entrepreneurs with fresh ideas that will change the world — people like Mark Zuckerberg of Facebook, or Jack Dorsey of Twitter.

But for decades, two older titans of the high-tech industry thrived in that fast-paced world: Gordon Moore and Andy Grove of Intel.

Speaking recently in a rare joint interview, the two discussed how their company survived, and what they think of the current crop of Silicon Valley techies.

Intel's Odd Couple

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The monthly employment report Friday could help answer a key question about the economy: Will the recently strong job growth slow once employers finish replacing the people they fired during the depths of the recession?

What America Buys

Apr 5, 2012

See our earlier entries in this series: What America Sells To The World and What America Does For Work

How do ordinary Americans spend their money? And how has spending changed over time?

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NPR's business news starts with Spanish bonds.

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And our last word in business today is cardboard to classy.

First of four parts

Ultimately, all roads lead home for Rupert Murdoch.

"The story of our company is the stuff of legend: from a small newspaper in Adelaide to a global corporation based in New York, with a market capitalization of about $44 billion," he said last October, when he addressed a News Corp. shareholders meeting in Los Angeles.

Australians view the company's history differently.

Cleveland resident Cedric Cowan was asleep on an overcast spring morning when the roaring sounds of splintering wood and falling rubble jolted him awake.

Cowan lives in a neighborhood hit hard by foreclosures. He initially thought someone was moving into the house on the other side of Fairport Avenue.

Instead, he woke that morning to find a crew tearing down the two-family house.

Over the course of three hours, an excavator smashed, crushed and ripped apart the abandoned house while a worker sprayed the rubble with a hose to keep the dust down.

Part 2 of our Silicon Valley history series

Think of the most technologically innovative companies of the past 50 years, such as Intel, Apple, Google, Facebook and Twitter. Each company has a Silicon Valley address — and each one got backing from venture capitalists. Over the past decade, more than 35 percent of the nation's venture capital has gone to Silicon Valley startups.

High-tech and venture capital go hand and hand in the valley where technology and venture capital grew up together.

The "Taxi of Tomorrow" has arrived in New York City. On Tuesday night, officials unveiled the Nissan-designed cab that, over the next 10 years, will gradually replace the country's largest taxi fleet. It's the first New York taxi to be designed for the job since the city's iconic Checker cab.

For Nissan's designers, the process of putting the new cab together involved months of riding in taxis and talking to cab owners, drivers and passengers about what they did and didn't like.

Since the 1900s, the country's most iconic bridges and skyscrapers have been put up by men who risked life and limb to connect steel beams hundreds of feet in the sky. Ironworkers come from all backgrounds, but a small Indian reserve outside Montreal has supplied the U.S. with a proud lineage of Mohawk ironworkers.

Italy's technocrat prime minister, Mario Monti, came to office less than five months ago as the country's finances were in a tailspin. And now he could be facing his toughest challenge yet — pushing through changes to labor regulations.

Italian labor rules ensure job security for older workers but can condemn the younger generation to a series of insecure, temporary jobs.

Since taking office, Monti has pushed through a round of tough austerity measures, budget cuts, pension reform and some deregulation.

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From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

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And I'm Audie Cornish.

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It's ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.

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Look Out! There Are Robots All Around

Apr 4, 2012

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Yahoo Cuts 2,000 Employees

Apr 4, 2012

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NPR's business news starts with layoffs at Yahoo.

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Jobs at U.S. businesses increased by 209,000 in March, according to a report released Wednesday by the payroll processing firm ADP. That's in line with expectations for the monthly jobs report due out Friday.

Analysts expect Friday's official employment report from the Labor Department to show that employers added 215,000 in March and that the unemployment rate remained at 8.3 percent, according to Bloomberg News.

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NPR's business news starts with a Silicon Valley lawsuit.

Nokia Aims For Comeback With New Phone

Apr 4, 2012

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Today's last word in business is a news item that prompted us to double check if it was dated April 1st. The date on the item is actually April 2nd.

Transcript

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American universities, like American companies, have been looking to expand into new markets. They open campuses overseas. And now many private colleges are looking for growth back home, building satellite campuses around the United States. Now, any given public college may spread campuses across a state, but private institutions reach across state lines. Here's Monica Brady-Myerov from member station WBUR.

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Only four people in the United States carry the official designation of Lego Master Model Builder. And 23-year-old Andrew Johnson of Illinois is the newest — and youngest — to earn the title.

Legos are robots in disguise for Johnson, as in a 4 1/2-foot replica of the Transformer Optimus Prime made only from those tiny bricks.

For as long as he can remember, German teenager Robin Dittmar has been obsessed with airplanes. As a little boy, the sound of a plane overhead would send him into the backyard to peer into the sky. Toys had to have wings. Even today, Dittmar sees his car as a kind of ersatz Boeing.

"I've got the number 747 as the number plate of my car. I'm really in love with this airplane," the 18-year-old says.

Two giant ships move through the Panama Canal's two parallel channels at the Miraflores locks, heading toward the Pacific Ocean.

The orange and white Bow Summer is a tanker. The deck of the Ever Dynamic is stacked high with burgundy and blue shipping containers. More boats like these are backed up in both the Pacific and the Atlantic waiting to enter the narrow waterway.

Global trade has grown dramatically, but the Panama Canal — one of the most vital transit routes — hasn't changed its basic structure since it opened in 1914.

But that is about to change.

The first in a 3-part series airing this week on Morning Edition.

When Facebook goes public later this spring, its founder, Mark Zuckerberg, will be following in the footsteps of a long line of Silicon Valley tech entrepreneurs that includes Steve Jobs and Google's Larry Page and Sergey Brin. But there was a time when the idea of an engineer or scientist starting his or her own company was rare.

A nonprofit foundation set up to support scientific research of interest to the Food and Drug Administration is finally starting to take off after years of struggling financially — and it's about to get some long-promised funding from the FDA.

But some critics worry that this foundation, which will also raise money from private sources including industry, could provide a way for the food and medical industries to sway FDA decisions.

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