Marketplace Morning Report for Friday, July 26, 2013
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It's the end of an era at Ford today. After 100 years of production in the U.K., the U.S. auto giant is closing its last vehicle assembly operation in Britain. Smartphone sales disappoint today at Samsung. And French workers strike for the right to work on Sundays.
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Halliburton admits to destroying oil spill evidence. Second Avenue subway construction undermines NYC small businesses. And what's up with the sell-off of municipal bonds?
Posted In: Gulf oil spill, Halliburton, deepwater horizon
Halliburton will pay a $200,000 penalty, but says it will not face any criminal prosecution for the act.
Posted In: Facebook, developing countries, mobile, mobile apps
Facebook wants to be the Internet portal for mobile users. Those users won't likely have smartphones -- instead flip phones and text messages will connect them to the web.
Posted In: France, strike, labor
As France is weighed down with economic trouble, a new group of employees from two large hardware store chains is demanding to work more.
Posted In: New York City, New York, subway, manhattan
New York has waited nearly a hundred years for a second subway line on the east side of Manhattan. But protracted construction is hard on small businesses along the route.