CNN Money: Top business headlines for August 28

    6:20 AM, Aug 28, 2013   |    comments
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    NEW YORK (CNN) -- CNN Money's Maribel Aber has your top business and financial news on this Wednesday, August 28.

    Apple will offer trade-ins for new iPhone
    For the first time Apple stores will soon let iPhone owners trade in their old phones for credit toward a new one, according to multiple reports. According to Apple-centric blog MacRumors, several sources say Apple store employees are currently being trained on the new program, which could go into effect around Apple's September 10 event, when new iPhones are expected to be introduced. That would let iPhone owners exchange their older handsets for an iPhone 5S, or whatever the new phone is called.

    How to turn a liberal arts degree into a paycheck
    College students earning a liberal arts degree can nearly double their job prospects - and boost their starting salaries to boot - by picking up a few technical skills before they graduate, a study suggests. The analysis, based on a review of millions of entry-level job postings, offers hope for new graduates majoring in fields such as English, anthropology and philosophy, which have posted some of the highest unemployment rates for recent grads. All they have to do is couple their liberal arts education with "a relatively small dose" of field-specific skills, the study says. Those skills fall into eight categories: marketing, sales, business, social media, graphic design, data analysis and management, computer programming, and information technology networking and support. Most can be acquired through internships, an academic minor or similar experiences, the study finds.

    Nissan plans to sell self-driving cars by 2020
    Self-driving cars could be coming to the market in just a few years, if Nissan sticks to its just-announced plan. The Japanese automaker said Tuesday it will begin selling autonomous cars by the year 2020.  Nissan said it is working with a number of universities, including the Massachusetts Institute of Technology, Carnegie Mellon and University of Tokyo to perfect the technology. The company is also building a special testing facility in Japan.

    How to sail around the world for free: Five ways to live the dream
    Imagine if your commute to work was as easy as stepping onto a sun-drenched yacht. Or if your office window overlooked the open seas. How about waking up each morning in a different exotic port? Now imagine if you could do it for free. From 20-year-old backpackers to 80-year-old retirees, an increasing number of people are volunteering on boats for a remarkable chance to travel the world -- all without spending a dollar.



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