Business & Technology

Out To Lunch
1:48 pm
Mon March 18, 2013

Sell Sell Sell

Michelle Seiler Tucker, Peter Ricchiuti and Tracey Moore.
Grant Morris It's New Orleans

If you don't have a buyer, you don't have a business, and today on Out to Lunch Peter Ricchiuti gets to the heart and art of the sale.

Planet Money
6:45 pm
Sun March 17, 2013

Planet Money: New Jersey Wine

Originally published on Fri March 15, 2013 7:43 pm

Sometimes your success depends on how your competitors behave. People judge you not just by your product, but by the product that your rival down the street makes.

This is a problem for Lou Caracciolo. He's trying to make high-quality wine, from grapes he grows in New Jersey. But Jersey wine already has a reputation — and fancy isn't it. On today's show: Can New Jersey become the next Napa?

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Planet Money
8:58 pm
Tue March 12, 2013

Planet Money: Don't Believe The Hype

Originally published on Wed March 13, 2013 8:20 am

Despite all the celebration, the Dow Jones industrial average has not hit record highs recently. If you adjust for inflation, the highs just aren't as high as they seem.

And even if it does hit a real, inflation-adjusted high in the next few weeks, it won't mean much. The Dow is a seriously flawed stock index, and it's certainly not a good way to measure what's going on in the overall economy.

On today's show, we rain on the Dow's parade and explain why a lot of very smart people say we should ignore the Dow.

For more on the Dow:

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Higher Education
10:51 am
Tue March 12, 2013

UNO Down to Three Finalists for Business Dean

The University of New Orleans has named three finalists for dean of its College of Business, which has been without a permanent leader since August 2010.

New Orleans CityBusiness reports that they include John Williams, who is serving as interim dean and leads the college's Kabacoff School of Hotel, Restaurant and Tourism Administration.

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Out To Lunch
1:12 pm
Mon March 11, 2013

Mom & Pop Mania On Magazine Street

Paul Wilcox, Peter Ricchiuti and Bryan Batt.
Grant Morris It's New Orleans

Magazine Street is a seven-mile cavalcade of restaurants, galleries, and boutique stores spanning New Orleans neighborhoods from the Lower Garden District to Uptown. The owners of these businesses are as colorful as their storefronts.

On this edition of Out to Lunch Peter Ricchiuti’s guests are not your traditional mom and pop: Bryan Batt from Hazelnut and Paul Wilcox from Art & Eyes.

Planet Money
10:52 am
Mon March 11, 2013

Planet Money: Into The Future

Originally published on Fri March 8, 2013 3:18 pm

On today's show: Three stories about the tricky path from the present to the future.

Sales Are Like Drugs. What Happens When A Store Wants Customers To Quit? J.C. Penney's new CEO came in with a bold strategy: No more sales or coupons. It didn't work.

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Planet Money
1:33 pm
Wed March 6, 2013

Planet Money: Business Secrets Of The Amish

Robert Smith / NPR

Originally published on Tue March 5, 2013 5:36 pm

Higher land prices have forced Amish off the farms and into business. There are thousands of Amish run firms out there making everything from plumbing supplies to furniture.

But running an Amish business poses unique challenges. Many Amish don't connect to the electrical grid. They don't drive cars. They prize modesty, meaning traditional advertising slogans like "best," "fastest," and "greatest" are out. An Amish company has to be creative about these things.

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Out To Lunch
1:00 pm
Mon March 4, 2013

A Tree Mendez RootSuit

Tree, Colin Grussing (in the bodysuit) and Peter Ricchiuti.
Grant Morris It's New Orleans

Peter’s guests on this edition of Out to Lunch are eccentric enough to earn the accolade, “Our most Only In New Orleans show ever.”

Colin Grussing is an otherwise perfectly normal person who dresses in fully body spandex, including masking his face, and sells what he calls his RootSuit to other eccentrics and rabid sports fans. A man named Tree (only), who came to lunch in a wooden bow tie, weaves a magical spell over tourists.

Planet Money
1:10 pm
Sat March 2, 2013

Planet Money: An Economic Makeover For The Catholic Church

St. Peter's statue in front of St. Peter's Basilica at the Vatican.
Franco Origlia Getty Images

Originally published on Fri March 1, 2013 9:08 pm

The Catholic Church is not a corporation. It's a religion, a cultural force, and a global power. Still, one of the things the new Pope will have to deal with is a classic business mess — a multi-billion dollar conglomerate that has stumbled and is losing money and relevance.

On today's show, experts (including a priest with a Harvard MBA) tell us what the church needs to do to turn things around.

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Planet Money
4:14 pm
Mon February 25, 2013

Planet Money: Mavericks, Monopolies And Beer

Joe Raedle Getty Images

Originally published on Sat February 23, 2013 10:27 am

Two big companies have hatched a plan that could allegedly take money out of the pockets of ordinary Americans. And it's not just any money: it's our beer money.

Anheuser-Busch InBev, the biggest brewer in the world, wants to buy Grupo Modelo, the maker of Corona. The U.S. Department of Justice is suing to block the acquisition.

On today's show: The story behind the case, and what it says about monopolies, competition and government regulation.

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