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