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Economy
3:47 am
Fri November 16, 2012

Sen. Murray's Recommendation For Fiscal Cliff

Originally published on Fri November 16, 2012 4:26 am

Transcript

STEVE INSKEEP, HOST:

Listen carefully to both President Obama and Republican leaders, and you hear hints of room for compromise. They're talking of taxes and spending as a deadline approaches, December 31st, when higher taxes and spending cuts would take effect. That would reduce the federal deficit, but also damage the economy, according to forecasters.

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Business
3:47 am
Fri November 16, 2012

Nintendo Wii U Out This Weekend

Originally published on Fri November 16, 2012 6:31 am

Transcript

LINDA WERTHEIMER, HOST:

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.

Good Morning, Dai.

DAISUKE WAKABAYASHI: Good morning.

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Business
3:47 am
Fri November 16, 2012

The Last Word In Business

Originally published on Fri November 16, 2012 6:30 am

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."

Business
3:47 am
Fri November 16, 2012

BP Settles Criminal Suit Over Gulf Oil Spill

Originally published on Fri November 16, 2012 5:05 am

BP will pay nearly $1.3 billion for crimes associated with its 2010 drilling rig accident and oil spill in the Gulf of Mexico. On top of that, the company will pay more than $3 billion to settle claims from the U.S. Department of Justice and the Securities and Exchange Commission.

Planet Money
2:37 am
Fri November 16, 2012

It's Legal To Sell Marijuana In Washington. But Try Telling That To A Bank.

Credit David McNew / Getty Images

Originally published on Mon November 19, 2012 1:03 pm

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.

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