Business

3:41pm

Sat December 1, 2012
Business

Beauty Pageant Economics: The Sash Isn't Cheap

Originally published on Mon December 3, 2012 10:03 am

Jessica Bermudez, 24, models a dress at Deja Vu in Alexandria, Va. Bermudez is competing for the title of Miss District of Columbia USA, and says she regularly enters beauty pageants.
Coburn Dukehart NPR

Miss America's walk might look effortless, but her road to success probably cost more than you think.

Ten-thousand women will compete in a Miss USA-sponsored pageant this year. That organization is just one of more than 15 small circuits, each with its own local, state and national competitions. It's a big industry. From the organizers, designers and coaches, lots of people make money — except the contestants.

Twenty-four women are in the running to become the latest Miss District of Columbia USA.

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6:28am

Sat December 1, 2012
Business

Trouble Stirs In Hewlett Packard's Board Room

Originally published on Mon December 3, 2012 8:25 am

Transcript

SCOTT SIMON, HOST:

Now for the next installment in what's becoming a long-running tale about one of America's highest profile tech companies. Hewlett-Packard was back in the headlines last week when its CEO claimed that Autonomy, a company it acquired last year for more than $11 billion in cash, had lied about its revenues to increase its sale price. Joe Nocera of The New York Times has been watching all of this unfold. He joins us from Sag Harbor, New York. Joe, thanks very much for being with us.

JOE NOCERA: Thanks for having me, Scott.

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6:28am

Sat December 1, 2012
Planet Money

Sorry, Mom: The Toyota Avalon Is The Most American Car Made Today

Originally published on Sat December 1, 2012 3:26 pm

Mark Lennihan AP

I grew up in a car family. Not car enthusiasts; car makers. My grandfather worked for General Motors in Detroit on the assembly line beginning in the 1940s. My mother was a middle manager at Ford's Chicago assembly plant in the '70s. I worked at the same plant during summers in the '90s. Today, one of my cousins works for Chrysler and another works for an auto supplier.

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6:15pm

Fri November 30, 2012
Superstorm Sandy: Before, During And Beyond

After Sandy Outages, A Tale Of Two Utilities

Originally published on Fri November 30, 2012 7:01 pm

While thousands of people on the East Coast waited weeks for big utility companies to turn the lights back on after Superstorm Sandy slammed ashore, the residents of Madison, N.J., had power just days after the storm. This leafy New York City suburb operates its own municipal utility — and now some neighboring towns are asking whether they should, too.

"We were able to power up sections of town within two days," said Madison Councilman Robert Landrigan. "And then, by the weekend [after the storm], most of the town was back."

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3:38pm

Fri November 30, 2012
The Salt

Some Restaurants In Israel Declare A Kosher Rebellion

Originally published on Thu December 13, 2012 8:41 am

Israelis eat at a kosher McDonald's restaurant in Tel Aviv.
David Silverman Getty Images

The Carousela cafe in West Jerusalem is one of a handful of restaurants and cafes in Israel staging a bit of a rebellion by defying Jewish religious authorities who claim they are the only ones who can certify restaurants as kosher, or in compliance with Jewish dietary laws.

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3:07pm

Fri November 30, 2012
The Two-Way

Say It Ain't So, Joe: Bazooka Bubble Gum Is Killing Its Tiny Comics

The latest "comic of the week" on Bazooka Bubble Gum's Facebook page.
Bazooka Bubble Gum

Many of us are still not over the demise of Twinkies. Now there's this.

Bazooka Bubble Gum is redoing is packaging and, says The New York Times:

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12:32pm

Fri November 30, 2012
The Salt

Booches' Famous Burgers Seek New Buns After Hostess Plant Closes

Originally published on Fri November 30, 2012 2:57 pm

A softly-lit Booches' burger, back in the days of the Hostess bun.
Genevieve Howard Flickr.com

Twinkie hoarders, artists, and Ding Dong enthusiasts weren't the only consumers affected when Hostess started shutting down plants across America just a few weeks ago.

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9:12am

Fri November 30, 2012
The Two-Way

Consumer Spending Dipped In October; Superstorm Sandy Blamed

Nov. 17: A sign in a Staten Island storefront tells a lot. It was still closed because of the damage done by Superstorm Sandy in late October.
Mario Tama Getty Images

The economic effects of Superstorm Sandy continue to be felt. According to the Bureau of Economic Analysis, consumer spending edged down 0.2 percent in October from September, and personal income dipped 0.1 percent.

As Bloomberg News says, "Sandy kept some in the Northeast from getting to work or from shopping at malls and car dealerships."

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5:04am

Fri November 30, 2012
Planet Money

Why Mexico Is The World's Biggest Exporter Of Flat-Screen TVs

Originally published on Fri November 30, 2012 11:04 am

Mark Lennihan AP

Most of the news we hear about Mexico these days is about drug-related violence. But it turns out there's another, brighter story there: The country's economy has been growing at a solid pace for the past couple years, driven in large part by solid exports.

Among other things, Mexico is the world's largest exporter of flat-screen TVs. There are a lot of factories just south of the U.S. border, filled with workers putting together televisions. The individual parts come from Asia, but the final assembly is done in Mexico.

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5:04am

Fri November 30, 2012
It's All Politics

How Much Income Taxes Could Rise: A Breakdown Of The Options

Originally published on Fri November 30, 2012 10:46 am

House Speaker John Boehner of Ohio speaks to reporters on Capitol Hill Thursday after private talks with Treasury Secretary Timothy Geithner.
J. Scott Applewhite AP

"No substantive progress has been made." That's what House Speaker John Boehner had to say Thursday about efforts to avoid automatic spending cuts and tax increases at year's end.

The administration's lead negotiator, Treasury Secretary Tim Geithner, met with congressional leaders from both sides of the aisle Thursday, looking for an agreement on the hazard Congress and the White House created last year to focus their minds on deficit reduction.

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