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Marketplace Morning Report for Monday, May 16, 2016
May 16, 2016

Marketplace Morning Report for Monday, May 16, 2016

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On today's show, we'll talk about expanded opportunities for people to participate in venture capitalism; an anticipated new rule from the Labor Department that will make millions of white-collar workers eligible for overtime; and retailers who are embracing both the old-fashioned storefront and e-commerce.

Segments From this episode

Verizon strike underscores changes in telecom

by Annie Baxter
May 16, 2016
Landline services are declining. About 40,000 workers are protesting cost-cutting measures.
Striking Verizon workers picket in front of a Verizon office in Washington, D.C., on April 14.
NICHOLAS KAMM/AFP/Getty Images
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Some retail entrepreneurs push brands in-store and online

by Mitchell Hartman
May 16, 2016
As major U.S. retail chains struggle to maintain sales and profits, some new retailers are thriving.
Bull in China, a new retail site based in Portland, Oregon, designs and sells locally made hand-crafted bar tools online.
Image via Bull in China
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Millions more white-collar workers could get overtime

by Nancy Marshall-Genzer
May 16, 2016
The Labor Department wants to close the wage gap for nearly 5 million employees.
Workers currently don't get overtime if they're managers or administrative workers making at least $23,660 a year.
Startup Stock Photos
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Wyoming's powerful coal industry is facing a downturn

by Leigh Paterson
May 16, 2016
Hundreds have been laid off.
A large surface coal mine near Gillette, Wyoming.
PDTillman/Wikimedia Commons
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Mid-day Update

An uptick in crude oil prices

by Lizzie O'Leary
May 16, 2016
Crude oil prices, the Verizon strike and what it says about the telecom industry, and Wyoming's coal industry.
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Now you can crowdfund your angel investors

by Lewis Wallace
May 16, 2016
A change to an 80-year-old law on investing allows small investors to try their hand as venture capitalists.
The only people allowed to be venture capitalists were accredited investors who made $200,000 per year or had a net worth of at least $1 million.
THOMAS LOHNES/AFP/Getty Images
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On today’s show, we’ll talk about expanded opportunities for people to participate in venture capitalism; an anticipated new rule from the Labor Department that will make millions of white-collar workers eligible for overtime; and retailers who are embracing both the old-fashioned storefront and e-commerce.

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