RENEE MONTAGNE, host: NPR Business News starts with a gloomy week on Broadway.</s>RENEE MONTAGNE, host: Talks between the producers' league and the stagehands' union broke off late last night. They had spent all day Saturday and Sunday talking when producers told the union that its offer wasn't, quote, "good enough." No further talks had been scheduled, so the League of American Theaters and Producers announced it's canceling this week's performances.</s>RENEE MONTAGNE, host: Big hits like "The Lion King" and "Chicago" are among the more than two dozen shows that won't go on. Shutting the shows down in what is traditionally one of Broadway's best weeks will cost Broadway and New York millions.
Labor problems prompt the League of American Theaters and Producers to cancel Broadway performances during the traditionally profitable Thanksgiving week. Talks on Saturday and Sunday with the stagehands' union ended without agreement — and with no schedule for more negotiations.