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Money transmitters fighting for survival
The fate of hundreds of small businesses hangs in the balance. These are money transmitters, often used by immigrants to send money back home. These businesses move about $45 billion a year around the world. Today in Washington, owners of several of these businesses were meeting with banks and federal regulators... basically begging for a chance to survive. As Ashley Milne-Tyte reports, it's not that they've done anything wrong. It's that some worry that they could.
Creating efficient intelligence?
Michael Chertoff has some prep work for a hearing on Capitol Hill tomorrow. The new Homeland Security chief will go before a Senate panel to defend the President's budget request. The plan is to spend $41 billion on homeland defenses, including intelligence. Commentator Bob Herbold wonders if it might not be more intelligent to think about how to save billions, first.<p>Bob Herbold, is former chief operating officer at Microsoft and author of The Fiefdom Syndrome.
Bolivia's Carlos Mesa - should he stay or should he go
It's one thing to resign...and hope the boss will beg you to stay. But Carlos Mesa seems to be testing the limits of this strategy. Especially considering that he's the boss. On Sunday, he tendered his resignation as President of Bolivia. It was his response to months of street protests and highway blockages. Many are upset over Mesa's plans to let foreign companies tap Bolivia's natural gas reserves. Today a question before Bolivia's lawmakers. Should we beg Mesa to stay? From the Marketplace America's Desk at WLRN, Dan GRETCH reports.
Posted In: Canada
Dan Rather makes his final exit
"If a frog had side pockets, he'd carry a handgun". Or how about... "this race is hotter than a Times Square Rolex". They call them Ratherisms. Dan Rather's Texas-fried observations from the CBS anchor chair. Tomorrow night, after 24 years, he's leaving the post. And under something of a cloud. CBS was grooming John Roberts to take Rather's place. But Steve Battaglio of TV Guide tells us someone else is slipping into the big chair...
Counting New York's homeless ...
Just a few hours ago, for the first time ever, New York City counted its homelesss population. Marketplace's Amy Scott was there to explore why it's so difficult - and economically important for cities to have an accurate count of those living on their streets.
China's development - moving too fast?
China's Congress gathers in Beijing this week for its annual meeting. One of the concerns is the growing number of disgruntled people who are losers in China's rapid economic development. Often because the powerful don't play fair. Marketplace's Jocelyn Ford visited a village on the outskirts of Beijing where farmers have a beef with their village leaders.
Posted In: Canada
Pfizer, and the cholesterol war
Today the world's biggest pharmaceutical company offered a peek at what it hopes will be the next big thing. The company already markets the world's best selling drug - Lipitor. It cuts so-called "bad" cholesterol. Pfizer's new drug boosts "good" cholesterol, and it's looking pretty solid in trials. If you put the good and the bad together, what do you get? A combo designed to deal with more than strictly 'medical' concerns. From the Health Desk at WGBH, Marketplace's Helen Palmer reports.
Posted In: Science
Flexibility at the office
As the baby boom generation gets closer to retirment, some major U.S. firms are offering some flexibility incentives to retain the best talent. It's a lot harder than it sounds, and companies are now hiring more consultants than ever to help them. From the Marketplace Work and Family Desk, Hillary Wicai reports
Tax reforms, tax reforms
39 days ... How are you coming along with those taxes? May want to take notes on what troubles you. The president's panel on tax reform has hit the road to gather suggestions. They won't be hearing from a noted Princeton economist who died a couple of weeks ago. Commentator Glenn Hubbard says that's a real shame, since his ideas deserve a voice. <br />Glenn Hubbard is former head of the President's Council of Economic Advisors. He's now Dean of Columbia's Business School.
Land rights in China?
We could use a little more "social harmony". That seems to be a theme as China's two-week long National People's Congress gets underway. Couldn't everyone use a little more social harmony? Sure, but in this case, the phrase has a specific meaning.It seems to be China's way of saying 'we need a kinder, gentler gentrification'... From what you might call a 'transitional neighborhood', Marketplace's Jocelyn Ford reports.
Posted In: Canada
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Three life rules from Donald Rumsfeld
Journalism: Practiced. Excellent interview. Thank you.
Annapolis57 | May 17, 2013
Three life rules from Donald Rumsfeld
Donald Rumsfeld's interview on Marketplace today was absolutely unbelievable. Really. Is one of his rules not to believe your own spin? I...
jgrothues | May 16, 2013
Three life rules from Donald Rumsfeld
Ryssdal's interview with Rumsfeld was breathtakingly inappropriate. "Marketplace?" If Ryssdal wants to promote his obvious biases...
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