Marketplace Morning Report
Start your day with an up-to-the-minute report on the world of business and finance with host David Brancaccio.
SAC Capital has agreed to plead guilty to insider trading and will pay a record $1.2 billion fine. Colorado voters are considering a state measure that would increase state income taxes to fund a significant overhaul of public school financing system. And, a look at supercapacitors.
Starting today, Americans will get less in foods stamp assistance. We talk to one of them. And, the FAA needs to give airline-by-airline approval before you can play "Angry Birds" during takeoff.
Economists are worried about consumers' moods as we head toward the end of the year. Georgia Tech was the first elite university to offer an online degree program and now it’s putting together its first class. And, want to know who died in your house? Now there's a website where you can find out.
2 to 3 percent of people who currently purchase their own insurance will need to switch to a new plan. Edward Snowden’s former employer, Booz Allen Hamilton, announces earnings. Did it feel a Snowden penalty? And, Cuba is shutting down 20,000 businesses that sell clothing.
Outsourcing giant Infosys faces a record immigration fine over worker visas. Southern Airways Express flies small planes out of small airports, a no-hassle alternative to driving a few hundred miles. And, cocoa prices are near record highs, as farmers who have switched to more lucrative crops have driven down supply.
One year after Hurricane Sandy, a Staten Island neighborhood is lost forever. And, India wants more foreign banks to lend in rural areas. But will the new rules appeal to the banks?