Marketplace Morning Report for Wednesday, December 11, 2013
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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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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.
Posted In: malaria, cell phones
A researcher at Harvard shows sometimes tracking cell phones can be a good thing.
Posted In: federal budget, sequestration
The Pension Benefit Guaranty Corporation backs up about 44 million people’s retirements … and it’s got problems.
Posted In: Charity, philanthropy, Warren Buffett
Warren Buffett's son Peter and his wife Jennifer wife talk about their ideas on philanthropy.