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Steve Inskeep and Renee Montagne

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Business
5:06 am
Thu November 15, 2012

Business News

Originally published on Thu November 15, 2012 7:21 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news begins with Twinkie trouble.

Hostess Brands, famous for processed treats like Twinkies and Ding Dongs, says it will go into liquidation if striking bakers do not return to work this afternoon. This could see the layoffs of nearly 18,000 workers. The bakers walked out over wage and benefit cuts. Analysts say the company's most iconic brands would likely be bought by other companies if Hostess goes out of business. Transcript provided by NPR, Copyright NPR.

NPR Story
4:46 am
Thu November 15, 2012

Scandal Shines A Light On Tampa Social Scene

Originally published on Thu November 15, 2012 5:29 am

Along with the news about the Gen. David Petreus scandal, we've been hearing about lavish social events given in the Tampa, Fla., area. A lot of military brass from MacDill Air Force Base, where U.S. Central Command is headquartered, go to these events. Linda Wertheimer talks to Ben Montgomery, a reporter with the Tampa Bay Times, about how the scandal is playing out around Tampa.

NPR Story
4:46 am
Thu November 15, 2012

Studies Vary On How Many Jobs Will Be Lost If Taxes On The Wealthy Ride

Originally published on Thu November 15, 2012 7:07 am

Republicans claim President Obama's plan to raise taxes on the wealthy will cost the economy 700,000 jobs. Another study from the Congressional Budget Office puts the number of lost jobs as 200,000. But both studies also assume millions of new jobs will be created.

Politics
4:05 am
Thu November 15, 2012

Obama's Visit To Myanmar: Too Much, Too Soon?

A newspaper with a front-page photo of President Obama is displayed at a press house in downtown Yangon, Myanmar, on Thursday, ahead of Obama's visit.
Soe Than Win AFP/Getty Images

Originally published on Thu November 15, 2012 8:15 pm

When President Obama sets off to Asia this weekend to highlight his so-called pivot to the region, he will make a bit of history: Obama will become the first sitting U.S. president to visit Myanmar.

The country, also known as Burma, was a pariah state for decades, ruled by a ruthless military dictatorship. That is changing, and the Obama administration has encouraged a dramatic reform process in the country. But it may be too early for a victory lap.

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Planet Money
4:04 am
Thu November 15, 2012

Why Coke Cost A Nickel For 70 Years

An oilcloth sign advertising Coca-Cola from 1905.
The Coca-Cola Company

Originally published on Mon November 19, 2012 2:04 pm

Prices change; that's fundamental to how economies work.

And yet: In 1886, a bottle of Coke cost a nickel. It was also a nickel in 1900, 1915 and 1930. In fact, 70 years after the first Coke was sold, you could still buy a bottle for a nickel.

Three wars, the Great Depression, hundreds of competitors — none of it made any difference for the price of Coke. Why not?

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