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The Two-Way
8:39 am
Thu November 15, 2012

Superstorm Sandy Sends Jobless Claims Up Sharply

The line was long last week at a job fair in Chicago.
Scott Olson Getty Images

Originally published on Thu November 15, 2012 8:56 am

There were 439,000 first-time claims for unemployment insurance last week, up by 78,000 from the week before, the Employment and Training Administration says. Behind the big increase: Superstorm Sandy, which threw some people in the Mid-Atlantic onto the unemployment rolls and shut down state unemployment offices the week before — meaning that some claims were postponed into last week.

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The Two-Way
7:49 am
Thu November 15, 2012

BP Pleads Guilty, Will Pay $4 Billion In Criminal Penalties For Gulf Oil Spill

The Deepwater Horizon oil rig burned on April 21, 2010.
U.S. Coast Guard Getty Images

Originally published on Thu November 15, 2012 6:32 pm

Update at 11:30 a.m. ET: Oil giant BP has agreed to plead guilty to criminal misconduct related to the 2010 Gulf Oil spill and will pay a record $4 billion in criminal penalties, the company just confirmed. And it will pay $525 million in civil penalties in a resolution with the Securities and Exchanges Commission. BP will make the payments over six years.

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The Two-Way
7:31 am
Thu November 15, 2012

In Israel And Gaza Strip: More Explosions, Deaths On Both Sides

An Israeli soldier lies on the ground as missiles are fired from an Iron Dome anti-missile station on Thursday near the city of Beer Sheva, Israel. The Iron Dome was activated to intercept incoming rockets launched from Gaza.
Ilia Yefimovich Getty Images

Originally published on Sun November 18, 2012 9:21 am

  • Anthony Kuhn talks with Linda Wertheimer on 'Morning Editon'

Update at 1:30 p.m. ET. Firing Continues:

"Intensive fire" has continued through the day across the border of Israel and the Gaza Strip, correspondent Linda Gradstein, who is in Jerusalem, tells our Newscast Desk.

Hamas has now fired more than 130 rockets toward southern Israel and the Israeli military continues to fire at targets in Gaza. Palestinian officials report at least 13 deaths on their side of the border. The death toll in Israel remains at three.

White House spokesman Jay Carney today told reporters that:

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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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