Business

5:21am

Wed October 31, 2012
Business

Air Travel Still Feeling The Effects Of Sandy

Originally published on Wed October 31, 2012 8:52 am

Transcript

RENEE MONTAGNE, HOST:

Airlines canceled more than 17,000 flights before, during, and after the storm. New York's JFK and Newark Airport in New Jersey re-opened this morning, with limited service. For other airports, it may be days before their first flights take-off. All told, Sandy is expected to cost the domestic airline industry $100 million - money it can't really afford to lose.

Still, as NPR's Wade Goodwyn reports, the news hasn't been all bad.

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5:21am

Wed October 31, 2012
Economy

Sandy's Economic Toll Stretches Far And Wide

Originally published on Wed October 31, 2012 4:45 pm

Transcript

RENEE MONTAGNE, HOST:

Preliminary estimates of the destruction that Sandy left in its wake are that economic losses could total between 30 and $50 billion.

NPR's John Ydstie reports on the economic effects of the damage to infrastructure and disruption to business caused by this huge storm.

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4:29pm

Tue October 30, 2012
The Two-Way

The Force Is Strong With This One: Disney Buys Lucasfilm For $4B

Originally published on Wed October 31, 2012 6:36 am

In this handout image provided by Disney, Star Wars creator George Lucas has a playful lightsaber duel with Jedi Mickey Mouse at Disney's Hollywood Studios theme park at Walt Disney World Resort in Lake Buena Vista, Fla., on Aug. 14, 2010. Disney announced Tuesday that it was buying Lucasfilm Ltd. for $4.05 billion.
Getty Images

Fanboys and -girls, get ready to celebrate – or be disappointed: Disney announced Tuesday that it was buying Lucasfilm Ltd. for $4 billion, and continue the Star Wars franchise with the first of new series of films in 2015.

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3:55pm

Tue October 30, 2012
The Two-Way

Keeping Sandy's Economic Impact In Perspective

Originally published on Wed October 31, 2012 10:32 am

A truck drives through a flooded street caused by Hurricane Sandy in New York City's Financial District on Tuesday.
Andrew Burton Getty Images

When Superstorm Sandy slammed into the East Coast on Monday, the fragile U.S. economy was just sitting there, stuck in a sluggish-growth mode.

Now, as the massive cleanup begins, business owners, workers and investors are wondering what impact the megastorm ultimately will have on their wallets. Did Sandy weigh down economic activity enough to drown the recovery? Or will the rebuilding efforts boost growth over the longer term?

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3:26pm

Tue October 30, 2012
The Salt

Oregon State's New Cheese Plant Aims To Break The Rind

Originally published on Tue October 30, 2012 7:04 pm

Oregon State University food science and technology students mix a batch of havarti cheese in a cheesemaking class.
Lynn Ketchum OSU

It's football season at Oregon State University, and that means tailgating, grilling, and ... cheese?

When we think of Oregon, we don't necessarily think of cheese — maybe a nice Pinot Noir, but not cheese. But this fall, Oregon State University's new cheese plant rolled out its first batch of product: a specialty alpine cheese (like Swiss, Comte or Gruyere) dubbed by the students "Beaver Classic." It's a mild cheese, with nutty flavors like caramelized onions.

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1:23pm

Tue October 30, 2012
Business

New York Stock Exchange To Reopen Wednesday

The floor of the New York Stock Exchange was empty of traders Monday, as New York's financial district braced for the onslaught of Hurricane Sandy.
Richard Drew AP

The New York Stock Exchange will reopen for regular trading Wednesday after being shut down for two days because of Hurricane Sandy.

The exchange said in a statement Tuesday that its building and trading floor are fully operational.

Tuesday marks the first time since 1888 that the NYSE remained closed for two consecutive days due to weather. The last time was due to a massive snow storm.

Sections of Manhattan were inundated with water and power was shut off to thousands of people and businesses.

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11:39am

Tue October 30, 2012
Your Money

Why One Extreme Couponer Gave Up Clipping

Originally published on Mon January 28, 2013 4:55 pm

Transcript

MICHEL MARTIN, HOST:

And now for our conversation about personal finance. Especially in these lean times, savvy shoppers have been told never to leave the house without their coupons. Those who take it to another level call themselves extreme couponers. These big savers can load shopping carts with hundreds of dollars of merchandise and pay just a fraction of that for it. That's because they spend hours online writing companies and even dumpster diving to get as many coupons as they can.

Here's a clip from TLC's reality show "Extreme Couponing".

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11:02am

Tue October 30, 2012
Election 2012

Obama Campaign Slams Romney's Jeep Ad

Originally published on Fri November 2, 2012 7:51 pm

A worker installs carpet into a Jeep Liberty at the Toledo Assembly Complex in Toledo, Ohio, in 2011.
J.D. Pooley Getty Images

The impact of Superstorm Sandy has become the main focus of both presidential candidates, but what politicking does remain has Toledo, Ohio, at its center.

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5:33am

Tue October 30, 2012
Business

Travel At A Near Standstill Along The East Coast

Originally published on Tue October 30, 2012 1:20 pm

Transcript

RENEE MONTAGNE, HOST:

The transportation industry is also taking a hard hit. Travel is at a virtual standstill along the East Coast because of Sandy. Up to 15,000 flights have been canceled. Amtrak service in the Northeast is shut down again today. And crews are just beginning to assess the extensive cleanup work needed to clear tracks and roads.

NPR's Tovia Smith reports.

TOVIA SMITH, BYLINE: Travelers across the Northeast have been going nowhere fast. Some who thought they were getting lucky, got half way home before hitting the end of the road.

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5:33am

Tue October 30, 2012
Business

Random House, Penguin To Merge

Originally published on Tue October 30, 2012 1:20 pm

Transcript

STEVE INSKEEP, HOST:

Sandy overshadowed almost everything in yesterday and put the rest of it under water. But even with a massive storm underway the publishing industry could not ignore another big story: the merger of two of the biggest publishing houses in the business. The European conglomerates that own Random House and Penguin reached an agreement to consolidate.

NPR's Lynn Neary reports.

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