NPR Business

It's All Politics
4:00 pm
Wed October 31, 2012

Auto Legend Iacocca Backs Romney In Ohio Car Wars

Mitt Romney campaigns Monday in Avon Lake, Ohio.
Tony Dejak AP

Originally published on Wed October 31, 2012 5:06 pm

As the presidential race zeroes in on Ohio, and the auto industry gets renewed focus in the all-important swing state, Mitt Romney's campaign is touting the backing of former Chrysler CEO Lee Iacocca and the company's former president, Hal Sperlich.

"In our opinion, Mitt Romney is the leader we need to help turn our economy around and ensure that the American auto industry is once again a dominant force in the world," Iacocca and Sperlich write on Romney's website.

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Planet Money
9:10 am
Wed October 31, 2012

America's Most Expensive Storms

A firefighter surveys the smoldering ruins of a house in the Breezy Point section of New York.
Mark Lennihan AP

While we're on the subject of devastating storms, consider a report published last year by the National Hurricane Center. The title alone makes it worth a look:

THE DEADLIEST, COSTLIEST, AND MOST INTENSE UNITED STATES TROPICAL CYCLONES FROM 1851 TO 2010 (AND OTHER FREQUENTLY REQUESTED HURRICANE FACTS)

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Business
5:21 am
Wed October 31, 2012

Walt Disney Co. To Buy Lucasfilm

Originally published on Wed October 31, 2012 4:43 pm

Transcript

STEVE INSKEEP, HOST:

Oh my gosh. You create the social equivalent of nuclear fusion when you combine the people who are obsessed with Star Wars and the people obsessed with Disney. The Walt Disney Company is apparently willing to take that risk. In a move that surprised industry observers, Disney announced, yesterday, it is buying Lucasfilm, the studio founded by George Lucas and home to the Star Wars franchise. NPR's Mandalit del Barco reports there are already plans for a new "Star Wars" movie.

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Business
5:21 am
Wed October 31, 2012

New York Markets Set To Reopen After Sandy

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

The New York Stock Exchange and NASDAQ are both set to reopen Tuesday. The markets were closed Monday and Tuesday as Hurricane Sandy pounded the East Coast, flooding New York's financial district.

Business
5:21 am
Wed October 31, 2012

Businesses Try To Get By During Hockey Lockout

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

The National Hockey League has now canceled all games through the end of November, as team owners lock out players in a labor dispute. In the meantime, there are many businesses and workers who count on hockey games to help make ends meet. But they are now trying to make due without.

Business
5:21 am
Wed October 31, 2012

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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Economy
5:21 am
Wed October 31, 2012

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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Business
5:21 am
Wed October 31, 2012

Halloween Spending On The Rise

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

Transcript

STEVE INSKEEP, HOST:

Now let's report on a different kind of horror. Tonight, of course, is Halloween, and Americans are expected to spend somewhere in the neighborhood of $8 billion on decorations candy, costumes and other stuff.

From Seattle, NPR's Wendy Kaufman reports on the business behind this ghoulish night.

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The Two-Way
4:29 pm
Tue October 30, 2012

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

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

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

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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The Two-Way
3:55 pm
Tue October 30, 2012

Keeping Sandy's Economic Impact In Perspective

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

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

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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