Marketplace Morning Report for Thursday, February 21, 2013

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Episode Description 
With just a week left until we reach the $85 billion in automatic spending cuts known as the sequester, President Obama took to eight local media markets trying to pressure Congress to avoid the cuts. New research indicates that our main protection against the mosquito, DEET, may not be as effective as we thought. And, 11 scientists are $3 million richer than they were earlier this week thanks to the new 'Breakthrough Prize' awarded by Silicon Valley tech titans.

The night Sony didn't pull a new PlayStation out of its hat

Sony announced that a new PlayStation game console is on the way, but not for months.
Posted In: Sony, playstation, video games

PODCAST: Be careful what you streetview

A surprising turnaround from Florida Governor Rick Scott on expanding Medicaid, a payday lender defends his business, and what can Walmart's earnings tell us about the state of consumer spending?

Global markets tank on concerns over Federal Reserve meeting

On Wednesday, the central bank released meeting minutes which showed division over whether to continue its stimulative policy of quantitative easing.
Posted In: Federal Reserve, quantitative easing, stock market

Mark Zuckerberg will give you millions for science research

11 scientists are $3 million richer than they were earlier this week thanks to the new 'Breakthrough Prize' awarded by Silicon Valley tech titans including Facebook CEO Mark Zuckerberg.
Posted In: Mark Zuckerberg, Science, Tech, Nobel Prize

Florida Medicaid switcheroo: Rick Scott backs down

One of the Affordable Care Act's fiercest critics, Florida's Republican Governor Rick Scott has reversed courses and is dropping his opposition to expanding Medicaid.
Posted In: health care, Affordable Care Act, medicaid

3Doodler: 3D printing with a pen

Just as we were all starting to get used to the idea of 3D printing, here comes the 3Doodler -- a pen that lets you draw with plastic.
Posted In: 3D printing, 3d, kickstarter, startup

In defense of payday lenders

A payday lender from Kansas City, Missouri, says his business is fair, just do the math.
Posted In: payday loans, Personal Finance

Sequester could cut jobs outside U.S. borders

Cuts in defense spending as part of the sequester could ripple to suppliers outside the U.S.
Posted In: sequester, defense contractors, defense

Local TV gets presidential exclusive

The president gave interviews Wednesday to eight local TV stations in markets with a lot at stake in the fight over the across the board budget cuts.
Posted In: Obama, budget cuts, sequester

Attack of the mosquito! Bugs beat DEET

New research indicates that the main protection against the mosquito, DEET, may not be as effective as originally thought.
Posted In: Science, mosquito, consumer

Walmart's worries: Payroll tax, gas prices

Walmart, Safeway and other grocers face more than higher payroll taxes. High gas prices could crimp shoppers, but job growth could help.
Posted In: Walmart, Retail, sequester

Yahoo's homepage gets help from Facebook

Yahoo launches a new website this week, with a Facebook partnership. It's the latest tech connection involving Yahoo, as new CEO Marissa Mayer retools the web company.
Posted In: Yahoo!, Facebook, media, Tech

Music from this show

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Lights Out
Menahan Street Band
Cover Your Tracks
Young Galaxy
W.F.L. (Think About The Future Mix)
Happy Mondays
Piece of Pie
Bambaji

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