Marketplace Morning Report for Thursday, May 16, 2013
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Today, hundreds of protesters shut down traffic in the Chinese city of Kunming to dramatize their opposition to a proposed petrochemical plant. It's the latest in a series of 'not in my backyard' or NIMBY protests in recent weeks throughout that country. And, we heard yesterday that military families have some extra protections when it comes to consumer credit -- the Military Lending Act caps interest rates and bans certain short-term loans. But creative lenders are still finding ways to prey on military families. Today, we look at how military brass, consumer advocates and lawmakers are trying to close loopholes in the legislation.
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PODCAST: Weather to blame for low Walmart sales; Angelina Jolie surgery boosts film about breast cancer
Posted In: Economy, weather, Cannes, Mexico
Walmart sales are down and so are housing starts, but the weather could be to blame. Plus, a small film about breast cancer research gets an unexpected boost from Angelina Jolie's preventive mastectomy.
Posted In: retail sales, Walmart, housing starts
Temperatures were down across much of the United States, causing consumers to huddle at home instead of going out.
Posted In: bp oil spill, BP
BP said they were just trying to make it for easier for claimants, but now they're in over their heads.
Posted In: health care, President Obama, Republicans, Congress
Republicans in the House are expected to hold a vote today to repeal President Obama's health care initiative. It will be their 37th vote on the issue.
Posted In: Mexico, corruption, univision
In Mexico, social media outlets such as Twitter have sprung up as tools used by the public to battle public corruption.
Posted In: China's Environment, China, protests
In the latest series of 'not in my backyard' or NIMBY protests in China, hundreds took to the streets in Kunming to oppose a petrochemical plant.
Posted In: app, crowdsourcing, video
Ever been at a concert or game and wondered what the view looks like from the front row? There's now an app for that. Krowds helps strangers at public events share unlimited video.
Posted In: IRS, Steven Miller
To say the Internal Revenue Service is having a bad week is an understatement. And to top it all off, IRS Commissioner Steven Miller was just forced to resign. So how will that effect the rest of the agency responsible for collecting taxes to keep the U.S. government running?
Posted In: undefined
In a recent story for Mother Jones, writer Kevin Drum says by the year 2025 robots will take all of our jobs.
Posted In: installment loans, military
Military brass, consumer advocates and lawmakers are trying to close loopholes in the Military Lending Act.
Posted In: documentary, Angelina Jolie
Until days ago, 'Decoding Annie Parker' -- a film about a genetic researcher and a cancer patient -- was a low-key production with modest ambitions. Then Angelina Jolie revealed she had the very genetic mutation that stars in the film.
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