Marketplace Morning Report for Monday, March 18, 2013
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Financial markets overseas are falling sharply today thanks to the unusual terms of a bailout in Cyprus where a tax of up to 10 percent on bank deposits has been proposed to defray the cost of the bailout. The Republican party looks for a new tech guru. And a test of your international business knowledge with our global leadership quiz.
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An unusual bailout agreement in Cyprus calls for taxes on bank deposits. And, the Borgata casino in Atlantic City tries make customers more comfortable with online gambling.
Posted In: cyprus, bailout, Europe debt crisis
Financial markets in Asia and Europe fell sharply today thanks to the unusual terms of the EU bailout of Cyprus. A tax of up to 10 percent on bank deposits in Cyprus was proposed to defray some of the cost of the bailout.
Posted In: cyprus, Greece, bailout, Europe debt crisis
As Cyprus debates a controversial bailout plan to tax savings accounts, here are the five things you need to know about Cyprus, its economy, and why it is important to the global economic recovery.
Posted In: patents, inventions, Tech
Monday is the first day on which patents will be awarded to the first filer of the patent not the first person to come up with an idea. Many worry this will favor applicants with big money behind them.
Posted In: General Electric, Catholic church, ceo
Which has had fewer leadership changes in the last 100 years: The Catholic Church or General Electric?
Posted In: Science, high school, Intel
A radio postcard from the annual Intel Science Talent Search, which gathers together high school students from around the country to show off their innovations.
Posted In: lockheed martin, developing countries, defense contractors
Defense contractor Lockheed Martin has discovered a way to make desalination 100 times more efficient. And that could have a big impact on bringing clean drinking water to the developing world and war zones.
Posted In: online gambling, hotels, Atlantic City, new jersey
As states legalize online gambling, how does a casino hold on to customers? At the Borgata in Atlantic City, you can leave the casino floor and play the slots on a TV in your room.