In the late 1970s, recently out of Harvard Business School, Mitt Romney went to work for the Boston consulting firm Bain & Co. He was successful, but he says his dream was always to run his own business.
In 1984, he got the chance.
The firm's founder asked Romney to start an investment fund called Bain Capital. The company would put money into small or struggling businesses, help them grow, and then Bain would cash out.
The tech world is mourning Steve Jobs, who died Wednesday from complications of pancreatic cancer. Even as the tributes roll in, it's hard to avoid this nagging question: What will become of Apple without its charismatic co-founder?
Jobs rescued Apple from near bankruptcy and turned it into one of America's most important companies — and one of its biggest. Now, Apple is trying to keep the Jobs magic alive.
Old hands in Washington know it's never a good sign when the president of the United States has to make a statement like this one.
"I have complete confidence in Attorney General Holder, in how he handles his office," President Obama told reporters at a news conference Thursday. "He has been very aggressive in going after gun running and cash transactions that are going to these transnational drug cartels."
Guy Raz, talks with Alexander Nazaryan about his rant in Salon.com, excoriating the American literary world. He explains that Americans don't deserve a Nobel Prize because their work is too interior. Nazaryan is on the editorial board of The New York Daily News.
Across the world, admirers of Apple Computers are constructing impromptu shrines outside Apple Stores. Guy Raz hears from people in Santa Monica, Calif., and Washington, D.C., about what Apple means to them.
With college sports conferences realigning themselves as if they were inspired by the Human Centipede horror films, another twist has emerged today, with Texas Christian University opting to leave the Big East — a conference it had not yet formally joined — in favor of the Big 12.
The move is sure to unsettle the Big East, which has already lost Syracuse and Pittsburgh to the Atlantic Coast Conference. There are also rumblings that the University of Connecticut is interested in leaving for the ACC, as well.
Radiohead's first hit, "Creep," was everywhere in 1993. The band could have reacted as many other modern-rock acts did in the '90s: by repeating the same old sound, album after album, before fading into the background. Instead, the group made each record a reinvention, from the spare and haunting Kid A to In Rainbows, which sounded, well, sexy. It's all helped make Radiohead one of the most inventive and important bands in the world.