Marketplace Morning Report for Friday, January 18, 2013
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After years of aggressively denying he had used performance enhancing drugs, disgraced cyclist Lance Armstrong confessed to Oprah Winfrey in a televised interview Thursday night that he was indeed guilty of doping for years. The ordeal has been a disaster for Armstrong -- but for Winfrey's struggling OWN cable network, it's a different story. The Greek Parliament is launching a criminal investigation into the country's former finance minister, George Papaconstantinou. He's been accused of tampering with a list of suspected tax evaders. And, mayors from cities all over the U.S. are meeting in Washington this week. One big item on their agenda is gun violence, as mayors have become one of the biggest lobbying forces in favor of new gun laws.
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Posted In: Oprah Winfrey, Yelp
Oprah Winfrey hopes Armstrong's doping confession will boost her cable network. 7-11 wants to expand in Manhattan. Yelp plans to add health scores to restaurant ratings.
Posted In: China's Economy
Figures released today show that China's economic growth hit a 13-year low in 2012, but strong results at the end of 2012 mean this year things are looking up.
Posted In: public transportation
In Austin, Texas, a new idea aims to give the city's public transit system a lift -- in the form of gondolas.
Posted In: Greece, Europe debt crisis
George Papaconstantinou is under investigation over allegations he removed the names of his family members from a list of Greek tax evaders.
Posted In: Oprah Winfrey, lance armstrong, television
Lance Armstrong's tell-all doping confession could help Oprah Winfrey's struggling cable network, OWN.
Posted In: gun control, Michael Bloomberg
Mayors Against Illegal Guns has 800 members. They want gun laws that restrict the flow of illegal guns to criminals.