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Business
4:06 am
Wed September 26, 2012

Ford Announes Job Cuts In Europe

Originally published on Wed September 26, 2012 9:36 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news business with some bad news for automakers.

Ford is cutting jobs in Europe. Sales in the European Union are down 12 percent this year; that's what a financial crisis will do for you. Bloomberg reports a few hundred workers, mostly in Germany and the United Kingdom, will be getting the axe. And the pioneering electric car maker Tesla Motors has announced that it is selling five million shares to raise much needed cash.

Business
4:06 am
Wed September 26, 2012

The Last Word In Business

Originally published on Wed September 26, 2012 9:36 am

Transcript

DAVID GREENE, HOST:

Our last word today in business today is poison, as in box office poison. That's what John Crawford was once called by theater owners.

But she showed them, with her comeback movie, "Mildred Pierce."

STEVE INSKEEP, HOST:

When she was nominated for Best Actress, Crawford was so nervous, she skipped the Academy Award ceremony. Last night her Oscar from "Mildred Pierce" sold at auction for $426,732.

GREENE: And here's what John Crawford said about that Oscar: I deserved it.

INSKEEP: As do you, David.

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Sports
4:06 am
Wed September 26, 2012

NFL, Refs Meet But No End To Labor Dispute

Originally published on Wed September 26, 2012 9:36 am

Transcript

DAVID GREENE, HOST:

Good news this morning from the NFL. There were no bad calls by replacement officials last night. OK, there were no games last night. The much-maligned replacement refs don't take the field again until tomorrow night in Baltimore. They'll be officiating the Ravens/Cleveland Browns' game and you can probably expect a lot more scrutiny. The real refs and NFL owners did meet yesterday, but a settlement remains elusive.

NPR's sports correspondent Tom Goldman has been following developments. Tom, good morning.

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Business
4:06 am
Wed September 26, 2012

Amtrak Tests Faster Trains In Northeast Corridor

Originally published on Wed September 26, 2012 9:36 am

Transcript

DAVID GREENE, HOST:

Speed limits will be broken along the east coast this week. The culprit is Amtrak. Right now, the company's Acela express trains stay under 135 miles an hour between Philadelphia and New York. But this week, Amtrak is testing speeds of up to 165 miles an hour. It could be a sign that true high-speed rail service is coming to the U.S. - though it's not coming all that fast. NPR's Jeff Brady reports.

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Business
4:06 am
Wed September 26, 2012

Lesser-Known IPOs Fare Better Than Facebook

Originally published on Wed September 26, 2012 9:36 am

Transcript

STEVE INSKEEP, HOST:

Facebook share price have lost almost half of its value since the social networking company had its initial public offering, or IPO, in the spring. Hundreds of millions of followers apparently will not guarantee you success in the stock market - at least not in the short-term.

Many lesser-known companies have also plunged into the stock market this year in the hopes of raising lots of capital, but their prices have not plunged - they're doing better than Facebook.

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