Marketplace Morning Report for Wednesday, July 10, 2013
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Walmart, Target, Gap and other U.S. apparel companies are expected to announce their plan to protect Bangladeshi garment workers this morning. They previously declined to join a global deal with European retailers after April's factory collapse, which killed more than 1,100 people. Barclays cracks down on moneylaundering. And an American author takes aim at the Chinese concept of 'Leftover Women'.
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Posted In: AIG, General Electric, too big to fail
Federal regulators have identified two companies, insurer AIG and GE Capital, as 'systemically important' corporations and say that both will be subject to increased scrutiny.
Egypt's gets a new prime minister with an economics background. And markets come up short in providing crucial drugs for premature babies.
Posted In: Barclays, Africa, money laundering
Some fear the closures could hurt immigrants -- Somali expatriates in particular -- who rely on the transfer services to send funds back home.
Posted In: Egypt, morsi
Egypt gets an interim prime minister with an economics background, former finance minister Hazem el-Beblawi.
Posted In: China, marriage, women
American Joy Chen's book 'Do Not Marry Before Age 30' has become a hit in China, where traditional society labels unmarried women in their late 20s 'leftover women.'
Posted In: Health, health care, hospital, pharmaceuticals
Nationwide drug shortages are causing hospitals to ration critical nutrients premature babies and other patients need to survive.
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