Marketplace Morning Report for Friday, March 1, 2013
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The dreaded sequester is finally here, and the Pentagon is facing a $50 billion budget cut. What does that mean for places that depend on defense spending? It's worth noting that this isn't the first sequester in U.S. history. If you ask people who were involved in sequesters-past, you'll find the bureaucratic challenges involved in carving up the budget can be tricky to deal with. And chef Tom Colicchio joins us to discuss his new documentary about hunger in America, A Place at the Table.
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The good and the bad of the sequester. Groupon's founder and CEO is not the first to get ousted from his own company. And India looks to set up a women only bank.
Posted In: sequester, Science, Tech
The sequester may have immediate impacts on federal workers, the unemployed, and federal aviation personnel -- but what will be its long-term effects?
Posted In: Internet, piracy, Tech
What happens when you reach 'strike six' of the new Copyright Alert System, a program launched by several Internet service providers to curb online piracy?
Posted In: sequester, defense, Boeing, St. Louis
The long-term nature of defense contracts shields the industry from short-term sequester disruptions in areas of the country that depend on military spending, such as St. Louis.