Honda, which has long aspired to launch off the road and into the skies, is one step closer to that goal. It has started production on its HondaJet. It's a twin jet engine aircraft, being assembled in North Carolina, aimed at the business market. Industry insiders call it the "Honda Civic of the skies."
For those who want to buy Nintendo's new video game console, you may have to wait a while. The Wii U goes on sale Sunday, but many stores have already sold out pre-orders. On Amazon, you can find the new console, but for much more than Nintendo's $350 price.
To find out what's the big deal for gamers and for Nintendo is, we've called Daisuke Wakabayashi. He covers Japanese video game companies for The Wall Street Journal, and joins us from Tokyo.
Voters in Washington and Colorado just approved measures legalizing marijuana for recreational use. But businesses that want to sell marijuana in those states will face a problem: No bank wants to do business with them.
I called several banks in Washington. I called a local credit union, a tiny bank in the San Juan islands. Everybody said basically the same thing. Even if selling marijuana is legal under state law, it's still illegal under federal law. And banks and credit unions worry that this could get them in trouble.
This is TALK OF THE NATION. I'm Neal Conan, in Washington. As the holidays get underway, retailers go on high alert against shoplifters. Cases spike at this time of the year, and they're expected to raise losses for the year to nearly $35 billion.
Switching gears now, we've all heard about how veterans leave the military with lifelong lessons about discipline, camaraderie and staying cool under fire, but our next guest says his military service also helped him with his finances.
Steve Repak is a veteran who is now a certified financial planner. He says he's applied what he learned in the Army to apply discipline to his finances. He's written a book to share what he learned. It's called "Dollars and Uncommon Sense: Basic Training for Your Money," and he's with us now.
There were 439,000 first-time claims for unemployment insurance last week, up by 78,000 from the week before, the Employment and Training Administration says. Behind the big increase: Superstorm Sandy, which threw some people in the Mid-Atlantic onto the unemployment rolls and shut down state unemployment offices the week before — meaning that some claims were postponed into last week.
Update at 11:30 a.m. ET: Oil giant BP has agreed to plead guilty to criminal misconduct related to the 2010 Gulf Oil spill and will pay a record $4 billion in criminal penalties, the company just confirmed. And it will pay $525 million in civil penalties in a resolution with the Securities and Exchanges Commission. BP will make the payments over six years.
An online petition is urging Macy's to stop selling its line of Donald Trump branded clothing. The petition says the department store should sever ties with Trump because he is offensive, sexist and hypocritical. But a Macy's spokesperson insists its merchandise and marketing do not represent any political position.
Famous for processed treats like Twinkies, Hostess Brands says it will go into liquidation if striking bakers don't return to work Thursday. Analysts say the company's most iconic brands would likely be bought by other companies.