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Egyptian President Mohammed Morsi has annulled a decree that gave him sweeping new powers last month, an official announced overnight in Cairo. The referendum on the draft constitution is still set for Dec. 15.

NPR's Soraya Sarhaddi Nelson says Morsi had been saying recently he would give up his expanded powers after the referendum.

The advantages to making products in the U.S. are starting to stack up — and companies are taking notice. Among them are Apple, which announced Thursday it plans to start producing some of its Mac computers here instead of in China, and General Electric, which is making big investments at home.

When Bayard Winthrop founded American Giant, he set up manufacturing in San Francisco. The sweatshirt company focuses on the details and skips over the distributors. Winthrop tells host Guy Raz how making the clothing in America actually helps his bottom line.

Transcript

GUY RAZ, HOST:

In a startling move, Egyptian President Mohammed Morsi appears to have reversed a controversial presidential decree that granted him extraordinary powers and launched weeks of protest. NPR's Soraya Sarhaddi Nelson is in Cairo. She's covering that story and joins us now. And, Soraya, tell us what's going on.

Hurricane Sandy wrecked hundreds of thousands of cars all along the New York and New Jersey shorelines, and could cost auto insurers around $800 million. That's not their only problem; disposing of these water-damaged vehicles is not so simple.

If you have comprehensive coverage on a damaged car, the insurance company gives you a check and the car disappears from your life. But then what?