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4:51am

Thu November 22, 2012
Business

Protesters To Picket Wal-Mart On Black Friday

Union-backed organizations plan to picket selected stores across the country, about 1,000 in all. Journalist Charles Fishman tells Linda Wertheimer the groups protesting want to make Wal-Mart a better company and a better place to work. Fishman is the author of the book, The Wal-Mart Effect.

4:45am

Thu November 22, 2012
Business

The Last Word In Business

Originally published on Thu November 22, 2012 6:33 am

Transcript

RENEE MONTAGNE, HOST:

Our last word in business goes out to all you last-minute airline travelers on this Thanksgiving Day.

LINDA WERTHEIMER, HOST:

And the last word is: Leave that cranberry sauce at home.

MONTAGNE: The Transportation Security Administration has posted a special Thanksgiving notice on its website, reminding flyers about the foods they cannot hand carry through the security checkpoint.

WERTHEIMER: The list includes gravy, creamy dips, spreads.

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3:25am

Thu November 22, 2012
Business

On Thanksgiving, Stores Serve Up A Side Of Shopping

Originally published on Thu November 22, 2012 7:11 am

Credit Damian Dovarganes / AP

Gray Thursday may become the new Black Friday. Many big retailers have moved up the beginning of their shopping season, traditionally the Friday after Thanksgiving, to Thursday evening.

Brick-and-mortar retailers are feeling pressure from online retailers, which have given consumers an earlier shopping option.

"In the past, online retailers have had Thanksgiving Day all to themselves," says Marshal Cohen, retail analyst with the NPD Group. "And what that means is by the time Black Friday comes around, a lot of consumers have already spent a bunch of money."

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3:23am

Thu November 22, 2012
It's All Politics

Before The Showdown: The Long Road To The Fiscal Cliff

Originally published on Thu November 22, 2012 4:45 am

Credit Harry Hamburg / AP

New Year's Day typically inspires hope and new beginnings. But this next one may be cause for trepidation. Tax cuts for all income levels expire on Jan. 1, 2013, and most federal programs will face a 10 percent haircut — because Congress failed to agree on a deficit-reduction plan.

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5:14pm

Wed November 21, 2012
Business

HP Says It Was Duped Into Overpaying For Company

Originally published on Wed November 21, 2012 5:57 pm

Hewlett Packard is claiming it was duped into overpaying when it acquired Britain's largest software company a little more than a year ago. HP released its latest quarterly earning report on Tuesday and announced that it was writing off most of the $11 billion investment. The firm HP bought, Autonomy, denies there were any improprieties.

5:02pm

Wed November 21, 2012
The Two-Way

Judge Approves Hostess' Plan To Liquidate

Credit Scott Olson / Getty Images

Maybe the end is nigh, after all.

A judge has approved Hostess' plan to liquidate the company, all but assuring that the maker of Twinkies, Ding Dongs, Donettes and Wonder Bread will cease to exist.

The New York Times reports:

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8:49am

Wed November 21, 2012
The Two-Way

Jobless Claims Drop; But Superstorm Sandy's Effects Still Being Felt

Credit Mike Segar / Reuters /Landov

There were 410,000 first-time claims for unemployment insurance last week, down 41,000 from the level of the week before — when the number of applications soared because of the lingering effects of Superstorm Sandy.

The Employment and Training Administration just released the latest figure. At 410,000, claims were still running at a pace above the pre-Sandy range of 350,000 to 400,000 a week.

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6:40am

Wed November 21, 2012
Health Care

Bertolini: Health Care Waste Fix Would Trim Deficit

Originally published on Wed November 21, 2012 9:49 am

Transcript

RENEE MONTAGNE, HOST:

In Washington, lawmakers are trying to work out a deal to keep the economy from going over the fiscal cliff. Many economists predict those automatic tax hikes combined with deep spending cuts set to go into effect on New Year's Day would throw the economy back into recession.

A group of top CEOs has been urging lawmakers to reach a deal to keep that from happening. Mark Bertolini is one of them. He's CEO of the health insurer Aetna and he said tax increases are as important as spending cuts. We called him to talk more.

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6:02am

Wed November 21, 2012
Around the Nation

'We Didn't Do Enough' To Protect S.C. Tax Records

Originally published on Wed November 21, 2012 9:49 am

Transcript

LINDA WERTHEIMER, HOST:

Here is a story that's has people in South Carolina on edge. Foreign hackers recently broke into the state's Department of Revenue and stole the records of 3.8 million individual taxpayers and nearly three-quarters of a million businesses. The breach affects everyone who filed an electronic tax return in South Carolina going back to 1998. NPR's Kathy Lohr has the story.

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5:36am

Wed November 21, 2012
Business

Shops, Buyers Slow To Return To South Street Seaport

Originally published on Wed November 21, 2012 9:49 am

Transcript

RENEE MONTAGNE, HOST:

As the holiday season takes hold in New York City, shoppers are heading to FAO Schwartz near Central Park for toys, and to Macy's on 34th Street for clothes or cookware. They shouldn't have a problem, Midtown Manhattan was largely unaffected by Hurricane Sandy. One major tourist attraction in lower Manhattan wasn't so lucky.

Dan Tucker, of member station WNYC, has this report from the historic South Street Seaport.

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