Marketplace Morning Report for Thursday, June 27, 2013
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Europe moves to protect taxpayers when banks fail. After yesterday's Supreme Court decision, the same sex marriage ban in California, Prop 8, is effectively no more. So what's the future of referenda in the wake of the high court decision? And loans remain cheap for wealthy borrowers with good credit scores, but if you're poor or don't have great credit, it's a very different story.
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Posted In: space, paypal
PayPal wants to get into space payments. Space tourism is possibly a thing of the near future -- the company Virgin has scheduled its first consumer space flight for the end of this year.
Upbeat data don't add up to a strong economy. The New York Times is set to the sell the Boston Globe for one-tenth the price it paid. And how will injuries impact today's NBA draft?
Posted In: New York Times, Boston Globe, newspapers, media
Bids for the Globe are expected to be in the $100 million range. The New York Times company paid more than a billion dollars for the publication 10 years ago.
Diane Swonk, chief economist with Mesirow Financial, discusses why she thinks the latest upbeat data don't add up to a strong economy.
Posted In: Immigration, borders, Mexico, immigration reform
It's called the "Border Surge," and it includes more fencing, drones, cameras, and nearly double the number of border patrol agents along the U.S. Mexico frontier.
Posted In: banking, bank bailout, Europe debt crisis
After hours of high stakes negotiations, European finance ministers have struck a deal to help shield taxpayers from bank failures.
Posted In: gay marriage, Supreme Court, DOMA, wedding, weddings
Based on U.S. Census data, hundreds of thousands of gay and lesbian couples are living together in the U.S. but not yet married -- a big market opportunity for wedding planners and vendors.
Posted In: Supreme Court, gay marriage, DOMA, referendum
After yesterday's Supreme Court decision, the same sex marriage ban in California, Prop 8, is effectively no more. So what's the future of referenda in the wake of the high court decision?