Marketplace Morning Report for Wednesday, December 11, 2013

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Episode Description 
President Obama is calling a surprise bipartisan budget agreement in Congress a good first step. The deal will roll back some of the across-the-board sequester cuts to the budget while at the same time raising fees on things like the security surcharge on airline tickets. If the deal is approved, federal pensions will change. And, not long ago, Peter Buffett sent a frisson through the world of philanthropy with a recent op-ed piece saying a lot of charity gets it wrong. Buffett presides over a major philanthropy along with his wife, Jennifer. Their foundation works to empower girls and women globally and to foster locally-focused economies. Jennifer and Peter Buffett tell Marketplace Morning Report why philanthropies have to watch out for the unintended consequences of their giving.
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Is South Korea full of video game addicts?

The South Korean Parliament is considering legislation that would put limits on video game advertising and also tax the industry's revenue to help fight addiction.
Posted In: South Korea, video games, addiction
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PODCAST: Peter and Jennifer Buffett on giving without being self-serving

Bipartisan negotiators in Congress agree to 2 year budget deal.Hilton Worldwide is prepping for its initial public offering. And, Warren Buffett's son Peter and his wife Jennifer wife talk about their ideas on philanthropy.
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The latest technological advance in the fight against malaria? The cell phone

A researcher at Harvard shows sometimes tracking cell phones can be a good thing.
Posted In: malaria, cell phones
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Hilton's IPO and the future of the Hilton empire

Hilton Worldwide is prepping for its initial public offering.
Posted In: Hilton, hotels, IPO
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Budget deal aims to raise more for pension guarantees

The Pension Benefit Guaranty Corporation backs up about 44 million people’s retirements … and it’s got problems.
Posted In: federal budget, sequestration
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Peter and Jennifer Buffett: Questioning parts of the philanthropy business

Warren Buffett's son Peter and his wife Jennifer wife talk about their ideas on philanthropy.
Posted In: Charity, philanthropy, Warren Buffett

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