Business & Technology

First, three stories from Thomas Peterffy's life as a trader:

Story #1:

When Peterffy was a kid growing up in communist Hungary in the 1950s his buddy went to Austria and brought back a pack of Juicy Fruit gum. Peterffy bought the pack, broke the sticks of gum up into little pieces, and sold them at a profit. The principal at his school was not amused. "Where's your communist conscience?" the principal asked.

Not surprisingly, given story #1, Peterffy moved to the U.S. as a young man.

Story #2:

Samsung sounded a defiant note today, saying it would continue its legal fight with Apple "until our arguments have been accepted."

Samsung came out badly battered on Friday when a jury awarded Apple more than a $1 billion in damages, after it found Samsung had willfully infringed upon some of Apple's patents.

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Coming up, the NFL is in the middle of another lockout, but it's not the players. We'll get more from Sports Illustrated's Pablo Torre in just a few minutes.