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2:03 am
Thu August 1, 2013

Firm Hopes 'Owning Nashville' Will Pay Off For Investors

A new fund trading on the New York Stock Exchange will allow investors to put money in companies that all call Nashville home. The manager's of the fund hope to expand the project to other cities.
Walter G. Arce CSM /Landov

Originally published on Thu August 1, 2013 9:23 am

There's a hot stock tip floating around Nashville, and it's a first-of-its-kind investment fund that begins trading on the New York Stock Exchange Thursday.

The fund is a collection of stocks in publicly traded companies that have one thing in common: the city they call home.

When people buy into the Nashville Area Exchange Traded Fund — which starts trading at $25 a share — they will essentially be placing a bet based on an area code.

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Business
2:02 am
Thu August 1, 2013

As Back-To-School Shopping Begins, Consumers May Turn Frugal

Chris Viehland helps her daughter Jenna try on shoes for the new school year at a Famous Footwear store in Fenton, Mo., Aug. 9, 2012.
Christian Gooden MCT/Landov

Originally published on Fri August 2, 2013 5:01 pm

As August begins, retailers are stepping up sales promotions to attract back-to-school shoppers. And several states are offering tax-free shopping to encourage purchases.

But most economists say this year's sales will be slower than last summer's because consumers have been coping with more expensive gasoline and higher payroll taxes.

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Crime In The City
2:01 am
Thu August 1, 2013

Bodies On The Boardwalk: Murder Stirs A Sleepy Jersey Shore

The Jersey shore's iconic Star Jet roller coaster was inundated after Superstorm Sandy.
Mark Wilson Getty Images

Originally published on Fri August 2, 2013 5:01 pm

When writer Chris Grabenstein plots his mysteries, the murders happen in the corny nooks of New Jersey's Jersey shore. After all, there's something delightfully cheesy about a beach town.

"I guess I'm a cheesy guy. I like this kind of stuff," Grabenstein says. "Ever since I was a kid I loved tourist towns."

The author points out shop names as we walk along his stretch of the shore. There's the Sunglass Menagerie, an ice cream shop called Do Me A Flavor, Shore Good Donuts and How You Brewin' coffee. I'll spare you the rest — Long Beach Island has 18 miles of this stuff.

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Code Switch
2:01 am
Thu August 1, 2013

To '60s Civil Rights Hero, Math Is Kids' Formula For Success

Bob Moses works with Jennifer Augustine, Guitoscard Denize, Darius Collins and other students who are part of this Algebra Project classroom. It's one of several student cohorts across the country where students who've struggled with math get to college-level by the end of high school.
Christopher Connelly NPR

Originally published on Fri August 2, 2013 5:01 pm

Bob Moses is 78, but he has the same probing eyes you see behind thick black glasses in photos from 50 years ago when he worked as a civil rights activist in Mississippi. The son of a janitor, Moses was born and raised in Harlem. He's a Harvard-trained philosopher and a veteran teacher.

He started a math training program — the Algebra Project — with a MacArthur "Genius Grant" 30 years ago. The goal is simple: Take students who score the worst on state math tests, double up on the subject for four years and get them ready to do college-level math by the end of high school.

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Books
2:00 am
Thu August 1, 2013

How Andrew Carnegie Turned His Fortune Into A Library Legacy

Carnegie ultimately gave away $60 million to fund a system of 1,689 public libraries across the country. "In bestowing charity the main consideration should be to help those who help themselves," he wrote.
AFP AFP/Getty Images

Originally published on Thu August 8, 2013 3:03 pm

Andrew Carnegie was once the richest man in the world. Coming as a dirt poor kid from Scotland to the U.S., by the 1880s he'd built an empire in steel — and then gave it all away: $60 million to fund a system of 1,689 public libraries across the country.

Carnegie donated $300,000 to build Washington, D.C.'s oldest library — a beautiful beaux arts building that dates back to 1903. Inscribed above the doorway are the words: Science, Poetry, History. The building was "dedicated to the diffusion of knowledge."

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