Business

5:43am

Sat November 24, 2012
Europe

Glitzy Burgundy Wine Auction Taps Celebrities

Originally published on Sat November 24, 2012 2:09 pm

France's former first lady Carla Bruni-Sarkozy, auctioneer Francois de Ricqles and former soccer coach Guy Roux preside over the 152nd Hospices de Beaune wine auction Sunday in Beaune, France. The charity auction raised an all-time high of $7.5 million, which goes to area hospitals.
Tardivon Jean-Christophe Maxppp /Landov

For the last century and a half, the wine season in France's grape-growing region of Burgundy has revolved around one major commercial event. On the third Sunday in November, hundreds of barrels of the recent harvest are sold to the highest bidder in a charity wine auction. The historic event, which took place this year on Nov. 18, has evolved into an A-list rendezvous for the power players in the international wine industry.

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5:22am

Sat November 24, 2012
Business

More Shopping? Small Retailers Want Your Business

Originally published on Sat November 24, 2012 1:04 pm

A flag urges customers to shop locally near a store in Boalsburg, Pa., on Friday. Owners of small stores hope to get a boost from Small Business Saturday.
Genaro C. Armas AP

Jammed between Gray Thursday, Black Friday and Cyber Monday is yet another day devoted to shopping: Small Business Saturday.

Wallets are expected to open yet again on Saturday — this time for mom-and-pop stores. Main Street in Littleton, Colo., is filled with them. The street is lined with small bars and restaurants along with other businesses, including a spice store and a men's clothing boutique.

Dave Drake owns Colorado Frame and Savvy Stuff, the "savvy stuff" being women's accessories, purses, scarves and decorations.

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10:06am

Fri November 23, 2012
The Two-Way

Why 'Black Friday' Has Dark Roots

Originally published on Fri November 23, 2012 1:43 pm

People waited in line to make purchases at a Macy's department store in New York during last year's "Black Friday" shopping weekend.
Stan Honda AFP/Getty Images

Black Friday may not yet be a bigger holiday than Thanksgiving, but it certainly has a bigger marketing budget. Retailers may have needed it to overcome the term's long and negative history.

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8:03am

Fri November 23, 2012
The Picture Show

Don't Like Shopping? Take Pictures Instead

Originally published on Thu November 29, 2012 5:36 pm

black_friday_buy1.jpg
Courtesy of Sandy Carson

If you like photographing, but are somehow not enticed by long lines, getting elbowed in the ribs and cut off by shopping carts in pursuit of a red tag sale, Picture Black Friday might give you another excuse to get out there today.

"I think there are enough people turning the economy over," says Sandy Carson. "I'd rather just make photos and be an observer."

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4:35am

Fri November 23, 2012
Business

Business News

Originally published on Fri November 23, 2012 1:53 pm

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with a Greek debt plan.

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4:35am

Fri November 23, 2012
Business

The Last Word In Business

Originally published on Fri November 23, 2012 1:53 pm

Transcript

LINDA WERTHEIMER, HOST:

Today's last word in business is busting the doorbusters.

Shoppers are heading out to stores today. Many went shopping overnight to seize those Black Friday bargains. But are the deals really unbeatable?

STEVE INSKEEP, HOST:

No. Not according to an analysis by pricing research firm Decide Incorporated and The Wall Street Journal. They found that many products with so-called doorbuster deals had deals that were available at even lower prices at other times of the year - even at the same retailer.

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4:35am

Fri November 23, 2012
Business

Cyprus Natural Gas

Originally published on Fri November 23, 2012 1:53 pm

The tiny eastern Mediterranean country of Cyprus is expected to become the fifth eurozone nation to receive a bailout. But the island-nation, which is about half the size of Connecticut, could soon access a massive treasure under the sea: natural gas.

If all goes well, Cyprus could start making more than $25 billion a year — about the same as the country's current GDP — starting as early as 2015, says Solon Kassinis. Twenty years ago, few listened to the engineer when he said there was gas and oil under the seabed.

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3:36pm

Thu November 22, 2012
Europe

Burgundy's Yield Fails To Meet Grape Expectations

Originally published on Thu November 22, 2012 5:09 pm

Workers pick fruit Sept. 22 during the grape harvest at the Gevrey-Chambertin vineyard in France's Burgundy region. Bad weather has reduced the grape yield by as much as 70 percent in some vineyards.
Philippe Desmazes AFP/Getty Images

Neat rows of grapevines run down the slopes of the Cotes de Beaune, all the way to the gravel driveway at Chateau de Corton Andre. The castle's traditional Burgundy black-and-yellow-tiled roof glistens in the autumn sun.

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4:54am

Thu November 22, 2012
Business

Rich Jaroslovsky's Gadget Picks For 2012

Originally published on Thu November 22, 2012 3:54 pm

Transcript

LINDA WERTHEIMER, HOST:

As we charge into the holiday gift buying season, gadgets are usually near the top of many people's wish lists. Our regular technology commentator Rich Jaroslovsky of Bloomberg News tells us about his gadget picks for 2012.

Rich, thanks for joining us.

RICH JAROSLOVSKY: Thank you.

WERTHEIMER: First, Rich, let's look at the camera. It's an amazing little machine. It doesn't even vaguely look like a camera. It looks like it must be expensive and do lots of clever tricks?

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4:52am

Thu November 22, 2012
Business

More And More Airline Flights Are Filled To Capacity

Airlines are always crowded during the Thanksgiving holiday. But if you've had the feeling they're becoming more crowded all the time, it's not just your imagination. On average, more than 80 percent of airline seats have been filled and plenty of flights have been packed to capacity.

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