NPR's business news starts with yet another patent decision.
Apple and Samsung have been busy suing each other in countries all over the world. The latest decision came this morning. A court in Tokyo ruled that Samsung did not infringe on an Apple patent. A small win for the South Korean company, after a U.S. jury awarded Apple $1 billion in damages last week. Separately, a South Korean court has already ruled both companies infringed on each other's patents. Transcript provided by NPR, Copyright National Public Radio.
And our last word in business today is Happy Birthday.
Turns out when you're a billionaire investor you can celebrate any way you want. Warren Buffett turned 82 yesterday and his wish was to give away billions, so he did, in the form of millions of dollars worth of his company stock. All told, those shares will eventually be worth about $3 billion. That gift was divided between his three children's charitable foundations.
The remnants of Isaac have left Louisiana behind, but parts of the state will be rebuilding for a while. The storm brought extensive flooding to communities that had been largely spared during earlier hurricanes. NPR's Joel Rose rode along as Louisiana's governor toured one such town on the north shore of Lake Pontchartrain outside New Orleans.
Mitt Romney has accepted the Republican Party's nomination for president — telling voters it was time to turn the page from the "disappointing leadership" of President Obama. Thursday night's speakers presented Romney as a man of faith and family with the business skills to turn the economy around.
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College students have been heading back to school, and so has President Obama. For the last two weeks, the president has been visiting campuses in swing states around the country. He's been urging students to register and vote. His campaign says it is also working to win the votes of young people who are not in school. Here's NPR's Scott Horsley.
Syria's president has vowed to crush the rebels by any means; his air force has not spared the towns and villages that support rebel brigades. In August, the death toll often topped 250 a day, according to Syrian activists. The fighting between troops loyal to President Bashar Assad and rebel forces has also sparked a refugee crisis for Syria's neighbors as thousands flee to the borders.
Although discussion of foreign policy was in scant evidence at the Republican National Convention, one country did loom large in the lineup: Israel.
Republican delegates in Tampa, Fla., were treated this week to images of Mitt Romney's recent visit to Israel. With stirring music and pictures of Jerusalem's iconic sites, the message of the Romney campaign is that the Republican candidate is a better friend to Israel than President Obama is.