NPR's business news starts with IKEA's success building.
The largest furniture maker in the world is ending the week with a bang. Sweden's IKEA posted, today, a record profit for its 2010, 2011 fiscal year. Net profit was up more than 10 percent to $3.8 billion. The company saw its biggest gains in China, in Russia and in Poland. Transcript provided by NPR, Copyright NPR.
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And I'm Renee Montagne. The four Republicans still running for president met last night for their last debate before the South Carolina primary. They sparred over health care, abortion and tax returns. The race in South Carolina is now a dead heat, with Mitt Romney's earlier lead wiped out by a late surge by Newt Gingrich.
It took George Lucas more than two decades to bring the movie Red Tails to the screen. It was all the way back in the late '80s that the man behind Star Wars and Indiana Jones fell under the spell of another story of adventure, this one with real-life heroes — the African-American fighter pilots of World War II.
The last Republican presidential debate before Saturday's South Carolina primary was expected to be lively. It didn't disappoint.
It was clear, even before the four remaining candidates met on the stage in Charleston, SC, that at least three of them would face some fairly high-stakes moments that could change the course of the contest. The question going into the debate was would they be able to master those moments?
Comedy Central's Stephen Colbert is running for president. He's parodying the process — including, now, superPACS — in the same way he has parodied cable news. He's getting plenty of attention, but to really look into his political practical joke, I needed to go upstairs and find Peter Overby, NPR's man on campaign finance. I warned him it would seem like a dumb question, but I needed his help. What, exactly, is a superPAC?