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Penguin, Random House Announce Merger

German media company Bertelsmann will own 53 percent of the new firm, Penguin Random House; Pearson, which owns Penguin, will control the rest. The merger, subject to regulatory approval, is scheduled to be completed in the second half of 2013.
NPR

Random House, Penguin Publishing Houses To Merge

Executives of the publishing giants Bertelsmann and Pearson announced on Monday that they will pursue a merger of their publishing houses, Random House and Penguin. The united publishing companies are set to become a large and influential force in publishing.
NPR

Hurricane Sandy's Economic Impact Likely To Be Immense

Economists will need many days — maybe weeks or months — to assess the financial harm being done by Hurricane Sandy. But whatever the final figure, it will be huge — well into the tens of billions of dollars — after everything from property damage to lost sales is tallied up.
NPR

Competing With Apple, Google Announces Three New Devices

The announcement sets up a holiday-season face-off between the two companies. Like Apple, Google now has three different sizes of touch-screen devices.
NPR

Months After Scandal, Komen Sees Fundraising Drop

In the months since the controversy over the Susan G. Komen Foundation's shifting position on funding for Planned Parenthood, the organization has seen a decline in fundraising and attendance at its main event, annual races held around the country to raise money for breast cancer prevention and treatment.
NPR

After Election, Winner Will Face Economic Hurdles

Although the situation has improved since four years ago, the man in the Oval Office next year will still have to deal with a sluggish U.S. economy as well as confronting some urgent policy decisions.
NPR

EU Sees Wide Gender Gap On Corporate Boards

A new study released by the World Economic Forum ranks northern European nations at the top when it comes to the size of their gender gap. But one area where the gap is huge is in the percentage of women on company boards; it's less than 15 percent EU-wide. Controversy over what should be done about that — and by whom — is more divisive than ever.
NPR

Hurricane Sandy Shuts Down Wall Street

Hurricane Sandy's full impact on the U.S. economy won't be known for quite some time, though some estimates for possible damage are in the billions. A more immediate economic effect is on the markets, as Wall Street shuts down for at least Monday.

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