Marketplace Morning Report for Monday, May 24, 2010

Episode Description 
Marketplace Morning Report for Monday, May 24, 2010

Rio Tinto mad over Australia mining tax

Australia has proposed a new tax on the profits of big mining companies. It's similar to the "windfall profits tax" some Democrats in Washington proposed on big oil companies. But now, the world's biggest mining company has threatened to review its investments down under, if the tax were to be enacted.
Posted In: Taxes

Hu, Obama administration focus on yuan

Chinese President Hu Jintao and top Obama administration officials are in Beijing talking about ways for China to strengthen its yuan.

Sales pains of the high-end homeowner

Some luxury homeowners are struggling to sell their homes. The question: Is it wealth or poor money management skills holding them back from a deal? Cash Peters went to a high-end real estate agent to find out.
Posted In: Housing

New bill targets congressional spending

President Obama is sending a bill to Congress that would create a new way for presidents to eliminate earmarks in congressional spending bills. Janet Babin reports.

British Airways flight attendants strike against cut travel perks

British Airways cabin crews have begun a work strike in response to BA's threats to cut their travel perks. The carrier is attempting to make up for a $1.5 billion loss. Stephen Beard follows the story.
Posted In: Airlines, Jobs

NBA teams line up for LeBron James

NBA star LeBron James is set to become a free agent, and teams across the league are pulling all the stops to try and lure him away from the Cleveland Cavaliers. If any succeed, the move could be devastating for city finances. Jill Barshay reports.

Justice Dept. hangs up AIG criminal investigation

The U.S. Justice Department is concluding a two-year criminal investigation into insurance giant AIG.
Posted In: Investing, Wall Street

Competition for park ranger jobs climbing

If you're trying to get in on the parks and recreation industry from the ranger side, you may need to face a growing applicant pool. But there are still clear ways to get in on the dirt floor. Gigi Douban reports.
Posted In: Jobs

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