Steve Jobs is resigning as CEO of Apple. Jobs has engineered Apple's transformation of our relationship with our computers, phones and music. Jobs has been on medical leave from the day-to-day running of the company. The company said that Jobs will be replaced by Tim Cook, Apple's chief operating officer. For more on this story, Melissa Block talks to NPR's Laura Sydell.
The federal budget problem has gotten a little bit better. That's according to the non-partisan Congressional Budget Office, which released a new report Wednesday. The CBO estimates that this year's deficit will hit about $1.3 trillion. That's a huge amount of red ink — but it's also slightly less red ink than last year.
Oil embedded in Colorado and other western states could help kick the nation of its dependency on foreign sources, if only the industry knew how to harvest it. Two Colorado congressmen say the Obama administration is standing in the way.