Economy

Economy

Why We Care More About Losses Than Gains

6:43am October 25, 2013

People care more about losing a dollar than gaining a dollar. This ideal, known as loss aversion, has national consequences, too, according to new research. David Greene discusses the phenomenon with NPR's Shankar Vedantam.

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'Blockbusters': Go Big Or Go Home, Says Harvard Professor

11:54am October 24, 2013

by NPR Staff

Anita Elberse's new book, Blockbusters, examines the strategy behind making and marketing megahits. She tells NPR's Renee Montagne that content companies — publishers, movie studios and the like — can create blockbusters by dedicating most of their budgets to a select few likely winners.

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Economy

Hong Kong Company Acquires Timco

12:09am October 24, 2013

TIMCO Aviation Services (TIMCO) has been sold to Hong Kong Aircraft Engineering Company Limited (HAECO) for an estimated $388.8 million.

A September 1959 advertisement for the Xerox 914

Economy

Happy Birthday, Copy Machine! Happy Birthday, Copy Machine!

2:37pm October 23, 2013

by Kate O'Connell

This week marks the 75th anniversary of the first modern copier ever made. The technology, which came from serial inventor Chester Carlson, revolutionized the business world and formed the foundation of Xerox's success. It also meant no more messy carbon paper.

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Economy

A New Gateway to Downtown Winston-Salem is Now Open

5:43pm October 22, 2013

by Keri Brown

On Tuesday, officials with the city, Forsyth County and Wake Forest Baptist Medical Center held a ribbon cutting to celebrate the opening of Research Parkway near the Innovation Quarter.

Volkswagen's car plant in Chattanooga, Tenn., is the company's only one in the U.S. It's also the only VW plant around the world without a workers union.

Volkswagen Union Opposed By Tennessee Republican Officials

10:10am October 22, 2013

by Blake Farmer

At auto plants, the tension is typically between the workers and the management. But not at Volkswagen in Chattanooga, where it's Republican officials who are trying to stand in the way. One of them is the Tennessee governor, who says a unionized plant might discourage other companies from coming to his state.

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Economy

Forsyth Technical Community College Announces a Major Expansion Project Off Campus

5:18pm October 21, 2013

by Keri Brown

Forsyth Technical Community College is building a $7 million Center for Emerging Technologies in downtown Winston-Salem. The center will be located in the Wake Forest Innovation Quarter.

Traders work on the floor of the New York Stock Exchange on Wednesday, in New York City.

Wilted Reputations Left By Shutdown And Default Threat

5:35pm October 18, 2013

by John Ydstie

There was a sense of relief Thursday as the U.S. government went back to work and once again skipped past default. But around the world, many investors wonder whether the U.S. is going to be in fiscal crisis mode for some time to come, and how the country's currency and creditworthiness will be viewed by others.

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