Originally published on Thu January 16, 2014 2:18 pm
Liquor companies like to make drinkers think their favorite spirits always have been and always will be attached to a very particular place — Kentucky bourbon, Irish whiskey, Russian vodka.
But like many other industries, the liquor business has gone global, and a small number of players increasingly dominate the industry worldwide. The distilling may still be local, but ownership is definitely international.
And our last word in business is: Surveillance - not from the NSA, but from a store near you.
RENEE MONTAGNE, HOST:
Retailers have long tracked activity in stores, with video cameras. Now, they have an option to track you. Security tech company 3VR has unveiled an in-store video camera that allegedly uses facial recognition to gauge your age, gender and mood.
INSKEEP: Retailers could use real-time information to customize digital signs - just as you are passing.
BLOCK: General Motors announced this week that for the first time in nearly six years, it will begin to pay cash dividends to its shareholders. GM stopped paying out dividends back in June of 2008, as it struggled to save money through the recession, bankruptcy and a government bailout.
At the North American International Auto Show in Detroit this week, it's not all hybrids and battery-powered cars. Some car companies are making significant investments in a fuel that's not new at all — diesel.
The newest diesel engines are far cleaner than their predecessors, and they get many more miles per gallon. The question is, what's holding customers back from switching gas pumps?
When you look around the auto show, there's a lot of energy and there's a lot of money being spent again. The one topic that keeps coming up, of course, is fuel economy.