Well, the subject of our last word in business today may not change the world, but it is kind of snazzy. It is called the Air Umbrella. Now, picture an umbrella handle and nothing else, sort of like a wand.
RENEE MONTAGNE, HOST:
Yeah. We are entering a magic world, here. That wand apparently keeps you dry by releasing a shield of air. The tech website Mashable says it's still a design concept, but in theory, you could adjust the power and size of your invisible air shield depending on how heavily it's raining.
This is MORNING EDITION from NPR News. I'm David Greene.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
Egyptian president Mohammed Morsi, who took power last June, is facing a rebellion against his rule. It all started with a set of controversial decrees by the president that put him above the law until a constitution is in place. That move has polarized the country. Judges are on strike and critics say the president is pushing through an illegitimate constitution.
Treasury Secretary Timothy Geithner says it's up to congressional Republicans to take the next step in budget talks to avoid the pending automatic spending cuts and tax increases at the end of the year.
Good morning. I'm Renee Montagne. The holidays bring out the spirit of giving and giving back what you've pilfered. Recently, we told you about a 1930s teapot returned to the Waldorf Astoria. This morning: a tale of toilet paper. Eastern New Mexico University received a gift box filled with 80 rolls of toilet paper and a Christmas card apologizing for stealing rolls from a dorm years ago. Another inspiring holiday moment, or another TP prank? It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
Renee Montagne talks with Rep. Raul Labrador, Republican from Idaho and one of the congressmen who introduced the bill that's set for a vote Friday. The STEM Jobs Act allows people who are in the U.S. legally who are getting advanced degrees in science, technology, engineering and math to stay and get their green cards, he says.
And in Egypt, a panel of Islamist lawmakers has approved a new draft constitution, but what should have been a welcome step in the country's transition to democracy is instead mired in controversy. NPR's Leila Fadel has our story from Cairo.
(SOUNDBITE OF SPEECH)
PRESIDENT MOHAMMED MORSI: (Foreign language spoken)